Ant Group’s imminent initial public offering promises to make a lot of people rich, including founder Jack Ma and existing shareholders of Alibaba Group Holding Ltd. Yet the real benefit to Alibaba is not in the value of its affiliate’s stock, which could fetch a valuation of $200 billion upon listing in Hong Kong and Shanghai, but in the ongoing ...

When the discussion turns to which countries have responded best to Covid-19 — and if nothing else, the pandemic frees up a lot of time for this debate — those most often mentioned are Taiwan, New Zealand and Vietnam. I would like to make a more surprising nomination: the UK Covid-19 is a potential scourge to billions around the globe, ...

Bloomberg Cathay Pacific Airways Ltd will delay deliveries of Airbus SE aircraft by as much as two years, in a move that could cut the carrier’s monthly cash losses in half as the coronavirus pandemic slams the aviation industry. Deliveries of A350-900s and A350-1000s have been deferred to 2020-2023 from 2020 and 2021, while A321neo deliveries have been pushed back ...