The leader of South Africa’s second-biggest party has said it will back Cyril Ramaphosa for president – almost guaranteeing he will be elected for a second term. Democratic Alliance (DA) leader John Steenhuisen said his party has now formally signed a coalition agreement with Mr Ramaphosa’s African National Congress (ANC), and part of the agreement […]
Alibaba (NYSE: BABA) announced on April 2 that it made $4.8 billion in share repurchases in the first quarter of 2024, the second-largest quarterly share buyback in its history. This is likely a down payment on the $25 billion increase in the share buyback program revealed in its fourth-quarter 2023 earnings announcement in February. However, the market’s […]
(Bloomberg) — A Chinese national who made his fortune from online gaming has emerged as one of the most significant non-American holders of land in the US. Most Read from Bloomberg Chen Tianqiao owns 198,000 acres (80,127 hectares) of Oregon timberland, making him the country’s 82nd-largest property owner, according to the Land Report’s latest ranking. […]