Even before Hillary Clinton conceded defeat in 2016, the aphorism “It’s Trump’s party now” had been endlessly recycled by those delighted and dismayed by The Donald “body-snatching” the GOP and transforming its vision of America. To quantify just how far Trump’s rhetoric has moved his party’s nationalistic needle, Bloomberg Opinion asked Keatext — a Montreal-based AI text analytics company — ...

Bloomberg Alibaba Group Holding Ltd will invest about $3.6 billion to double its stake in Sun Art Retail Group Ltd, taking control of China’s largest chain of hypermarts to try and fend off rivals like JD.com Inc in e-commerce’s hottest growth arena. Alibaba will raise its direct and indirect stake in the grocery chain to about 72% by acquiring equity ...

Bloomberg Jack Ma’s Ant Group Co won a key approval from the China Securities Regulatory Commission for its listing in Hong Kong, paving the way for what could be the world’s biggest initial public offering, according to people familiar with the matter. The Chinese regulator has given Ant a green light to seek a listing hearing with Hong Kong Exchanges ...