Jack Ma's Ant Group Co has shelved a share buyback programme for current and departing staff, partly because of uncertainty over how to value the company, Bloomberg News reported on Tuesday, citing executives familiar with the matter.
The United States reported a 3% decline in new cases of COVID-19 last week, a much smaller drop than in the previous six weeks, and health officials warned that progress against the global pandemic was stalling.
Asia extended the global rally in stocks on Tuesday as a halt in a recent bond markets sell-off eased investor nerves and lifted riskier assets, although oil prices were on the defensive on fears of slowing Chinese energy consumption.
The proceedings for 47 Hong Kong democracy activists charged with conspiracy to commit subversion resume on Tuesday, following a marathon hearing that extended well past midnight before it was adjourned after one of the defendants fainted.
China's annual session of parliament will chart a course for economic recovery and unveil a five-year plan to fend off stagnation, as strategic rivalry with the United States spurs a shift to reliance on consumption and home-grown technology.
The largest and oldest electric power cooperative in Texas filed for bankruptcy protection in Houston on Monday, citing a disputed $1.8 billion debt to the state's grid operator.
The United States is expected to impose sanctions to punish Russia for the poisoning of Kremlin critic Alexei Navalny as early as Tuesday, two sources familiar with the matter said.
The Biden administration on Monday downplayed the prospect of sharing coronavirus vaccines with Mexico, saying it is focused first on getting its own population protected against a pandemic that has killed more than 500,000 Americans.
The United States could help pay for transportation, healthcare, legal services, and career and educational programs for migrant families separated under former President Donald Trump's "zero tolerance" border strategy, the U.S. Department of Homeland Security (DHS) said on Monday.
A manager at Amazon.com Inc sued the online retailer for discrimination on Monday, saying it hires Black people for lower positions and promotes them more slowly than white workers, and that she was subjected to harassment.
During a White House press briefing, U.S. Department of Homeland Security Secretary Alejandro Mayorkas said it was a "moral imperative" to reunite families separated under former President Donald Trump's "zero tolerance" border strategy, and said the Biden administration will consider bringing deported parents back to the United States.
The Biden administration backed Democrats' efforts to overhaul voting rules and turn over the process of drawing congressional districts to independent commissions on Monday, weighing in on a political fight that is likely to dominate Washington in coming years.