The Latest Breaking News from Alibaba

The classic Volkswagen Beetle from the 1960s and 1970s was powered by an air-cooled four-cylinder engine that made roughly 40 horsepower when new.

Chinese e-commerce giant Alibaba has said it will not sell any shares in its one-third shareholding in financial technology company Ant Group Co_ because it wants to retain its stake in an “important strategic partner.”

JAKARTA: Inside a shophouse in Northeast Jakarta, dozens of salespeople take turns peddling cosmetics, contact lenses and hair accessories. A woman helps a potential customer choose the right shade of lipstick for her skin tone, while a man yells out the latest markdown on vitamin tablets.

Chinese authorities on Friday ended a yearslong investigation of fintech company Ant Group, an affiliate of e-commerce leader Alibaba.

BEIJING: Chinese regulators said on Friday they had fined the fintech giant Ant Group almost $1 billion for “illegal acts” and handed an affiliate of rival Tencent a $415-million penalty, adding that a long-running crackdown on technology companies was drawing to a close.

The Dow Jones dropped Friday morning on a weaker-than-expected June jobs report. Alibaba jumped as the company faces a $1.1 billion fine.

"Susie could put Trump away for years in just one minute of testimony to Jack Smith," GOP operative says

Nation fills new role as top creditor to poor countries rattled by the worst debt crisis since the 1980s

China’s tech sector has a new obsession: competing with U.S. titans like Google and Microsoft Corp. in the breakneck global artificial intelligence race.