Hype is never far away from cryptocurrencies. Punters taking public transport or navigating social media are bombarded daily with enticing advertising and billboards dangling the next big coin, while self-proclaimed experts and gurus offer hot investing tips before the inevitable tired disclaimer: “Please do your own research.” But when London-listed fintech company Mode Global Holdings Plc announced it would expand ...

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 ...