There’s no way to dress up the terrible 12 months Alibaba Group Holding Ltd has faced since the aborted debut of its fintech division. But let’s imagine for a moment what might have happened had Ant Group Co’s dual listings gone ahead, if only to consider where the Chinese e-commerce giant’s problems truly lie. In a parallel universe, where founder ...

Bloomberg Walmart Inc fell the most in almost nine months after the retail giant signalled that it’s bracing for more pressure from global transportation snarls despite a broadly positive outlook. The company’s costs are rising more quickly than its prices, Chief Executive Officer Doug McMillon said after the company reported third-quarter earnings. Gross margin, a broad measure of profitability, fell ...

Bloomberg Boeing Co has agreed to settle outstanding claims with SpiceJet Ltd relating to the grounding of its 737 Max aircraft and their return to service. “This paves the way for the induction of efficient and younger Max aircraft into the company’s fleet and ensures the resumption of new aircraft deliveries from our order of 155 Max aircraft,” India’s second-biggest ...