Bloomberg Business

Alibaba Jumps After SCMP Reports Jack Ma Returned to China

Alibaba Group Holding Ltd. surged as much as 5.5% before relinquishing all gains in Hong Kong, after news emerged that billionaire co-founder Jack Ma had returned to his home country after more than a year abroad.

Macron Loses Voters to Far Right Over Pensions, Poll Shows

Marine Le Pen’s far-right party is the biggest beneficiary of French discontent over President Emmanuel Macron’s decision to push through an increase in the retirement age, according to a survey by pollster Ifop for Le Journal du Dimanche newspaper.

Prosecutors Have Another Foe in Cases Against Trump: Time

Nothing prevents the Justice Department or the Atlanta-based district attorney from charging Donald Trump if he’s indicted in Manhattan. But a bottleneck would make it harder for each case to be tried before the 2024 election cycle is in full swing.

Saudi National Bank Chair Resigns After Credit Suisse Remark

Ammar Al Khudairy, the chairman of Credit Suisse Group AG’s largest shareholder, has resigned just days after his comments helped trigger a slump in the stock and bonds that prompted the Swiss government to step in and arrange its takeover.

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