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Friday, August 24, 2018

Alibaba's revenue jumps but investments to prolong margin squeeze

Alibaba Group Holding Ltd , China's biggest e-commerce firm, warned on Thursday investments in its delivery business would keep pressuring profits even as it reported its strongest-ever quarterly revenue growth, largely in line with estimates.


from Reuters: Business News https://ift.tt/2P0n4fM

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Faisal Islam: Benefits changes mean a million people will be thousands of pounds worse off

These plans are more geared towards making budgetary numbers add up than fundamental welfare reform. from BBC News https://ift.tt/KvsI9qx ...