Alibaba, navigating sea change, reorients business towards bread-and-butter e-commerce and AI, pares down overhaul
By Ann Caoin Shanghai andKelly Le From South China Morning Post Alibaba recalibrates after a year of changes. Illustration: Henry Wong When Alibaba Group Holding bought a controlling stake in supermarket chain Sun Art Retail in late 2020, it paid HK$28 billion (US$3.6…
RBC appoints new Head of Caribbean Banking
Chris Duggan NASSAU, April 21, 2024 – RBC Financial (Caribbean) Limited, (“RBC”) has appointed Chris Duggan, anative of the Cayman Islands, as Senior Vice President and Head of RBC Caribbean Banking, effectiveApril 1, 2024. He succeeds Chris Ronald, who has…
How Much Does Biolife Pay For Plasma In 2024?
Donating plasma is now not totally a noble act that saves lives but moreover, thanks to earning a few greater cash. As we enter 2024, many folks are curious about the compensation quotes provided with the aid of BioLife Plasma…
Dingdong Files Its Annual Report on Form 20-F
NEWS PROVIDED BYDingdong (Cayman) Limited Apr 19, 2024, 17:00 ET SHANGHAI, April 19, 2024 /PRNewswire/ — Dingdong (Cayman) Limited (“Dingdong” or the “Company”) (NYSE: DDL), a leading fresh grocery e-commerce company in China, with advanced supply chain capabilities, today announced that it filed its…
IMFC Plenary B−roll 2024
World financial leaders met in Washington, DC at the Spring Meetings of the IMF and World Bank Friday. Representatives on the International Monetary and Financial Committee (IMFC) usually meet twice a year, at the Bank-Fund Annual and Spring Meetings to formulate…
IMF MD GPA Presser 2024
The world economy is growing at 3.2% this year, but war and geopolitical shocks remain a risk the head of the IMF said Thursday in Washington, DC at the Spring Meetings. “Despite these multiple shocks and tight financial conditions, growth…
Cayman: Deputy Premier Heads to Asia on Government Business
Hon. André Ebank Grand Cayman, 19 April 2024 – Deputy Premier and Minister for Financial Services and Commerce, the Hon. André Ebanks, will be in Tokyo and Hong Kong the week of 22 April for meetings with industry and regulators. Government’s Representative in…
Cayman National U-15 Cricket Tourn Gets Underway
Cayman National Under-15 Cricket Tournament Gets Underway The inaugural Cayman National Under-15 Cricket Tournament got underway on Thursday, 18 April with John Gray High School facing off against St. Ignatius Catholic School at the historic Smith Road Oval. The competition…
1Q 2024 Stats – Cayman Starts 2024 With Strong Growth
George Town, Grand Cayman, April 18, 2024 – The Cayman Islands Monetary Authority (CIMA) has just released licensing statistics for 1Q 2024 which showed that between January and March 2024, CIMA issued eleven new international insurer licenses — four B(i)s…
IMF Fiscal Monitor Presser 2024
IMF While inflation is coming down in much of the world, debt levels among countries are not, and that creates risks the IMF said Wednesday in Washington, DC in its semi-annual Fiscal Monitor Report. “Since the last annual meeting in…
