Israel agreed to a US proposal on a prisoner-hostage exchange that would release around 700 Palestinian prisoners, among them 100 serving life sentences for killing Israeli nationals, in exchange for the release of 40 Israeli hostages, CNN affiliate Kan News reported Sunday, citing a senior Israeli official. Earlier in the weekend, CNN analyst Barak Ravid, […]
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Taobao China Software to sell Suning.com stake to Alibaba affiliate
BEIJING (Reuters) -Alibaba’s Taobao China Software will sell its 20% stake in Chinese retailer Suning.com to another Alibaba affiliate, Hangzhou Haoyue Enterprise Management for 2.8 billion yuan ($389 million), Suning.com said in a filing on Friday. The valuation of the Suning stake is far smaller than the $4.6 billion the Chinese e-commerce giant paid for […]