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Alibaba

Billionaires from Bill Gates to Jack Ma are donating millions to help alleviate the coronavirus crisis — but it may not go where it’s needed most Alibaba

Billionaires from Bill Gates to Jack Ma are donating millions to help alleviate the coronavirus crisis — but it may not go where it’s needed most

LUDOVIC MARIN/AFP via Getty ImagesBill and Melinda Gates head up the Gates Foundation. Billionaire philanthropist Bill Gates, Alibaba founder Jack Ma, and Hong Kong’s richest man Li Ka-Shing have collectively pledged over $US100 billion to various efforts to help alleviate the coronavirus outbreak. Depending on where and to whom they…
bubmag
March 9, 2020
‘Manager of the century’ Welch remembered by Chinese corporate leaders such as Jack Ma, Guo Guangchang Alibaba

‘Manager of the century’ Welch remembered by Chinese corporate leaders such as Jack Ma, Guo Guangchang

Thousands of Chinese entrepreneurs have read Welch’s books for insight into his management philosophy. Photo: ReutersWelch’s philosophy key to Alibaba’s core ‘kung-fu’ values: Hupan University Liu Chuanzhi says he learned from GE chief how to diversify Lenovo’s business Topic |   China economyPublished: 8:26pm, 3 Mar, 2020Updated: 5:41pm, 4 Mar, 2020Thousands of…
bubmag
March 3, 2020
Victoria may postpone elective surgery as it prepares for ‘tens of thousands’ of coronavirus cases Alibaba

Victoria may postpone elective surgery as it prepares for ‘tens of thousands’ of coronavirus cases

Updated March 03, 2020 21:33:27 A man who flew into Avalon Airport on Tuesday morning is one of hundreds of people who have been tested for coronavirus in Victoria, as the state's hospitals prepare for the pandemic phase of the outbreak. Key points:The State Government expects the virus to begin…
bubmag
March 3, 2020
The coronavirus has already cost the ultra-wealthy more than $100 billion. Here’s why they’re likely to feel more pain from the market drops than the average American. Alibaba

The coronavirus has already cost the ultra-wealthy more than $100 billion. Here’s why they’re likely to feel more pain from the market drops than the average American.

Alex Wong/Getty ImagesJeff Bezos has lost $US10 billion from his personal net worth in the past week as markets continue to drop amid coronavirus fears. Cases of the novel coronavirus may be concentrated in China, but the stock market losses are not. Bernard Arnault, the chairman of Louis Vuitton parent…
bubmag
February 28, 2020