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Morgan Stanley

Alibaba swaps its listing status in Hong Kong, clears the way for mainland investments

by Anas Siddiqui
Alibaba swaps its listing status in Hong Kong, clears the way for mainland investments

Alibaba Group Holding said it would switch its listing status in Hong Kong, in a technical move that qualifies the technology behemoth to sell shares to China’s 220 million stock …

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Missing Tech Billionaire Mike Lynch’s Body Identified Along With 4 Others

by Horatio Thompson
Missing Tech Billionaire Mike Lynch’s Body Identified Along With 4 Others

Screenshot: The Independent Divers recovered five bodies from the Bayesian on Wednesday, the superyacht that sank early Monday morning off the coast of Sicily. Officials have identified them as tech …

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Chanel buys minority stake in cutting-edge Swiss watchmaker MBF

by Lionel Rogers
Chanel buys minority stake in cutting-edge Swiss watchmaker MBF

By Bloomberg Published Aug 22, 2024 Chanel Ltd. is buying a minority stake in Swiss watch brand MBF in a deal that will give the independent watchmaker financial security while …

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Fed minutes signals September rate cut

by Horatio Thompson
Fed minutes signals September rate cut

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City. Michael M. Santiago | Getty Images This report …

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4 Bodies Found Inside Sunken Superyacht [Update]

by Horatio Thompson
4 Bodies Found Inside Sunken Superyacht [Update]

Boats searching for missing passengers of the Bayesian superyachtPhoto: Getty Images / Stringer (Getty Images) Strong storms and a tornado reportedly sank the Bayesian, a 184-foot superyacht, early Monday morning, …

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Walmart said to raise US$3.6 billion from sale of JD.com stake, fuelling China tech slump

by Ron Morgan
Walmart said to raise US.6 billion from sale of JD.com stake, fuelling China tech slump

Walmart is refining its strategy in the world’s second-largest economy, where its long-standing e-commerce partner is struggling along with major rivals Alibaba Group Holding and PDD Holdings, owner of Pinduoduo …

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CNBC Daily Open: ‘Crazy’ summer

by Horatio Thompson
CNBC Daily Open: ‘Crazy’ summer

Traders work on the floor of the New York Stock Exchange during morning trading on Aug. 20, 2024. Michael M. Santiago | Getty Images This report is from today’s CNBC …

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Walmart is seeking up to $3.74 billion in sale of JD.com stake

by Lionel Rogers
Walmart is seeking up to .74 billion in sale of JD.com stake

By Bloomberg Published Aug 21, 2024 ​Walmart Inc. is seeking to raise up to $3.74 billion by selling its stake in Chinese e-commerce firm JD.com Inc., people familiar with the …

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Elon Musk’s Purchase Of Twitter Declared ‘The Worst Buyout For Banks Since The Financial Crisis’

by Horatio Thompson
Elon Musk’s Purchase Of Twitter Declared ‘The Worst Buyout For Banks Since The Financial Crisis’

It’s no secret that Jalopnik isn’t exactly Elon Musk’s biggest fan. Sure, he’s responsible for the most important car of the 21st century, and SpaceX does some neat stuff when …

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Google IPO banker tracks two-decade journey from Silicon Valley upstart to $2 trillion

by Walter Watson
Google IPO banker tracks two-decade journey from Silicon Valley upstart to  trillion

Twenty years ago, as Morgan Stanley banker Michael Grimes was helping lead the public offering for the young company behind the Google search engine, one of the most anticipated IPOs …

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