Alibaba’s planned $13.4 billion share sale will be Hong Kong’s first paperless stock market listing, a source has said, breaking with a long-held tradition of investors placing stock orders in bank branches.
Lawmakers pressed top U.S. antitrust enforcers on their probes of tech giants Google, Facebook and Amazon on Wednesday, with the chair of a House subcommittee expressing frustration over the firms' acquisitions.
Volcom has been named official apparel partner of the U.S. Snowboardcross, Slopestyle/Big Air, and Halfpipe teams through the 2022 Beijing Olympic Winter Games, as well as team coaches and support staff.
The Spanish retailer has posted revenues of 7.61 billion euros for the first half of the year, while Ebitda rose by 14% to 386 million euros on the back of improved profit margins at the retail division.
Car maker BMW has inked a five-year licence deal with the eyewear group starting on January 1 2020, for the design, production and distribution of eyeglasses and sunglasses for the BMW, BMW M and BMW M Motorsport lines.
Canada Goose Holdings Inc reported quarterly earnings above Wall Street estimates on Wednesday, lifted by higher orders from department stores for its parkas and jackets, sending its U.S.-listed share up 8%.