Italian luxury brand Moncler said that sales rose by double-digits in the third quarter, despite a 40% decline in Hong Kong sales.…
Alibaba’s president faces criminal charges
Alibaba Group Holding Ltd. President Michael Evans is among 17 current and former Goldman Sachs directors facing criminal charges over their alleged role in $6.5 billion of bond sales by 1MDB.…
Swire Properties receives its first sustainability-linked loan
Swire Properties reached an agreement with Crédit Agricole Corporate and Investment Bank to convert an existing five-year revolving credit facility of HK$500 million into a sustainability-linked loan.…
Japan’s Asics invests in UK’s Aura Vision
Japan’s Asics announced it has taken a stake in UK start-up Aura Vision, as the sportswear invests in data analytics and innovative retail.…
Alibaba invests $100m in Russian e-commerce
China’s e-commerce giant Alibaba and Russia’s RDIF sovereign wealth fund will each invest $100 million in a Russian joint venture, RDIF said.…
Amazon targets India growth with $3 Billion investment boost
Amazon.com Inc. will invest $3 billion more to build its business in India, stepping up its bet that the country will become a major online-shopping market.…