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Sunday, September 10, 2023

Alibaba ex-CEO Zhang quits co, Jack Ma's confidants take over

Daniel Zhang, the former chief of Alibaba Group, has chosen to resign only a few months after accepting the leadership of its cloud division. This adds an additional element of unpredictability to China's largest e-commerce company at a time when it is managing a complicated breakup.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/jopQkg2

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Industrial output grows 5.8% in FY24, slows a tad in March

Numbers released by the National Statistical Office on Friday showed the index of industrial production (IIP) rose an annual 4.9% in March, ...