Bloomberg Billionaire Jack Ma’s Ant Group is seeking a valuation north of $200 billion as it goes public in Hong Kong and Shanghai, kicking off a much-anticipated market debut for China’s leader in internet finance. The parent of China’s largest mobile payment company will pursue a simultaneous dual-listing in Hong Kong and on the Shanghai stock exchange’s STAR board, the ...

Bloomberg Oil extended declines towards $40 a barrel as concerns about demand linger with coronavirus raging across many regions. Infections flared by a record in Hong Kong, and Los Angeles is on the brink of another stay-at-home order. New cases have accelerated in California, although the pace of deaths slowed in Arizona and Florida. The concerns were reflected in equity ...

Abu Dhabi / WAM The UAE national airline, Etihad Airways, will resume passenger flights from Abu Dhabi to Shanghai, from July 27. “The service will operate with an initial weekly flight using a Boeing 777-300ER, featuring Business and Economy cabins,” the airline said in a statement on Monday. Robin Kamark, Etihad Aviation Group Chief Commercial Officer, said, “We are delighted ...