Retreat from The Street: Alibaba Aims to Raise $20 Billion in Hong Kong Listing
Alibaba intends on having a second public listing on the Hong Kong stock exchange (HKEX) where it aims to raise around $20 billion.
Alibaba intends on having a second public listing on the Hong Kong stock exchange (HKEX) where it aims to raise around $20 billion.
The Competition and Markets Authority (CMA) has recommended that the Big Four accountancy firms should separate their professional services and audit work.
The Lord Chancellor has supported law firms’ pledge to promote gender equality.
The fashion retail giant Arcadia Group (owning the TopShop and Miss Selfridges brands amongst others) successfully avoids administration by securing a rescue deal with its creditors, preserving 17,000 jobs from prospective layoffs.
Huawei and MTS (a Russian telecom firm) have signed a deal to develop 5G in Russia.
There has been a call for greater regulation of automatic facial recognition technologies in order to prevent abuse of citizens’ privacy rights.
This week, Facebook plans to reveal details of its cryptocurrency, called “GlobalCoin”. The coin will be in circulation by early 2020 and is to be used across 12 countries. Facebook CEO Mark Zuckerberg hopes GlobalCoin will allow Facebook’s 2.4 billion monthly users to send money as easily as sending a photo.
Last month, the High Court put British Steel into compulsory liquidation following the failed rescue talks between Greybull Capital (a private equity firm) and the UK government.
Obelisk announces a formal partnership with CMS offering flexible legal solutions for its clients and lawyers.
The graduate recruitment specialist Rare has launched a new online platform called Vantage to overcome barriers that prevent talented, diverse candidates from securing roles in the legal sector.