Bloomberg Tencent Holdings Ltd. pledged to distribute the majority of its shares in meal delivery giant Meituan to investors, as China’s social media leader ramps up plans to reduce its extensive holdings across the world’s largest internet industry. Tencent, which had announced plans to pare its stake in online retailer JD.com Inc., will dole out more than 958 million ...

  Bloomberg US equity futures rise in choppy trading after a rocket strike inside the Polish border reminded investors of the potential for escalation in the Russia-Ukraine war, though the euro and the Polish zloty recouped earlier knee-jerk losses. While Europe’s Stoxx 600 Index snapped a four-day rising streak, contracts on the S&P 500 traded 0.4% higher, and those on ...

  Abu Dhabi / WAM AD Ports group on Tuesday announced its financial results for the third quarter of 2022. The group’s revenue grew 53% year-on-year (YoY) to AED1,466 million in Q3 2022 (+35% YoY growth to AED3,755 million for the first nine months of 2022), driven by strong growth in its maritime cluster and a robust performance of its ...