The JEA trial is ongoing. This story will be updated. A Wall Street credit analyst on Thursday told jurors in the corruption trial of JEA’s former leaders that he disagreed with aspects of the gloomy business case the agency used in 2019 to explore privatization and that he tried in vain to ask JEA’s executives […]
(Bloomberg) — The years-long rout in shares of Alibaba Group Holding Ltd. amid regulatory crackdowns and weak consumption has left the Chinese e-commerce giant trading at just half the valuation of venerable utility CLP Holdings Ltd. Most Read from Bloomberg Alibaba’s valuation almost halved in the past year, after it was hit by sluggish domestic […]