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Wednesday, January 30, 2019

Alibaba sales grow at weakest pace in three years as slowing China bites

E-commerce giant Alibaba Group Holding Ltd's quarterly revenue grew at its weakest pace since 2016, as the impact of a slowing Chinese economy and a crippling Sino-U.S. trade war kept buyers away during its top-sale season.


from Reuters: Business News https://reut.rs/2DK6wGj

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VW launches $5.8bn tie-up with Tesla rival Rivian

The firms will share EV technology as they face slowing demand and competition from Chinese rivals. from BBC News https://ift.tt/TDOGIkf