BEIJING (BLOOMBERG) – Jack Ma’s under-seige Ant Group is planning to fold its financial operations into a holding company that could be regulated more like a bank, according to people familiar with the situation, potentially crippling the growth of its most-profitable units. The fintech giant is planning to move any unit that would require a financial […]
CAIRO (Reuters) – Yemen’s Prime Minister Maeen Abdulmalik said on Wednesday the key to restoring peace in Yemen is to restore the country and its institutions and to end the armed militia rebellion, according to a statement from his office. The separatist Southern Transitional Council (STC) on April 25 declared self-rule in Aden and other […]
By Nivedita Balu (Reuters) – McDonald’s Corp <MCD.N> said on Wednesday it would temporarily remove some items from its U.S. menu as it focuses on simplifying operations in the face of the fast-spreading coronavirus outbreak. Restaurants in the United States have been forced to either shut doors or limit service to delivery and takeaway, pressuring […]
