Bloomberg Alibaba Group soared 11% after ramping up its share buyback program to $25 billion, fuelling hopes that Beijing is easing off an internet crackdown that wiped out $470 billion of the e-commerce giant’s value. The board approved the program, which will run for two years through to March 2024, the company said. It also appointed a new independent ...

  Bloomberg A Russian court on Tuesday sentenced jailed opposition leader Alexey Navalny to nine years in a high-security prison in a ruling that will keep President Vladimir Putin’s top critic sidelined amid a harsh crackdown on the opposition. Navalny, who is currently serving a two-and-a-half year sentence that the European Court of Human Rights called politically motivated, in a ...

Bloomberg Russia’s cancellation of talks to resolve a decades-old territorial dispute with Japan, which the Kremlin dismissed as a “ritual,” exposed a deepening rift between the two neighbors over Ukraine. Dmitry Medvedev, a former Russian president who’s now deputy head of the country’s Security Council, delivered his terse assessment of the talks on his Telegram channel on Tuesday. Medvedev said ...