The Hong Kong-listed shares of China's Alibaba Group fell more than 4% on Monday after the surprise departure of outgoing Alibaba CEO Daniel Zhang from the company's cloud computing business. The company announced Zhang's decision to depart the unit in an internal letter to staff seen by Reuters. Zhang had been scheduled to hand over the role of group CEO to Eddie Wu on Sunday.
Investors can use this strategy to get high yields while reducing risks. The post How to Use Your TFSA to Earn $3,000 Per Year in Passive Income appeared first on The Motley Fool Canada.These TSX stocks have a proven track record of delivering solid growth and posses multiple catalysts to make you a millionaire over time. The post 3 TSX Stocks to Buy Today and Hold for the Next 5 Years appeared first on The Motley Fool Canada.
Whether you buy a car new or used, the dealer might try to load you down with add-ons and accessories of every sort -- and they're likely to tell you that it will only add a few dollars to the monthly... -- Shortly after taking the most important job in German industry, Volkswagen AG Chief Executive Officer Oliver Blume got some bad news.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Alibaba's outgoing CEO Daniel Zhang quits cloud business in surprise moveBy Brenda Goh SHANGHAI (Reuters) -China's Alibaba Group on Sunday announced that Daniel Zhang will step down from its cloud business, in a surprise move ...
Read more »
Alibaba’s Ex-CEO Zhang Quits as New Leadership Takes HelmAlibaba Group Holding Ltd.’s former chief executive Daniel Zhang has resigned his post as head of its cloud business, completing his exit as new leadership takes the helm of China’s largest e-commerce company.
Read more »
Alibaba’s Ex-CEO Zhang Quits as New Leadership Takes Helm(Bloomberg) -- Alibaba Group Holding Ltd.’s former chief executive Daniel Zhang has resigned his post as head of its cloud business, completing his exit as new leadership takes the helm of China’s largest e-commerce company.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceIndia’s G-20 Win Shows US Learning How to Counter China’s RiseWall Street Fears a Too-Hot Economy as Recession Bets PlungeCalifornia Shows an Electric-Car Uprising Headed for the USEverything Appl
Read more »
China's Alibaba says Daniel Zhang quits cloud business in surprise moveBy Brenda Goh SHANGHAI (Reuters) -China's Alibaba Group said on Sunday that Daniel Zhang will step down from its cloud business, in a surprise move just ...
Read more »
Alibaba says Daniel Zhang steps down from cloud businessSHANGHAI (Reuters) - Alibaba Group said on Sunday that Daniel Zhang will step down as chairman and chief executive officer of its cloud business. Zhang ...
Read more »