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U.S.-China Tensions Hang Over Thriving Alibaba and JD.com, Analyst Says

China’s e-commerce leaders (9988)and (JD) likely had great results for the quarter ended in March, Stifel analyst Scott Devitt wrote in a Sunday note. Stifel made no change in its ratings—maintaining a Buy on Alibaba (ticker: BABA) and a Hold on JD.com (JD). In fact, Devitt raised his forecast for Alibaba’s revenue and earnings on the basis of Chinese government ...

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Heydar Aliyev Center supports Iran amid COVID-19 outbreak

moujenonews.ir:Projection of the Iranian flag was placed on the Heydar Aliyev Center’s building in Baku, Azerbaijan, Trend reports In a sign of Azerbaijan’s solidarity with the international community in the fight against the spread of COVID-19, the flag of one of the states affected by the virus will be displayed daily at the Heydar Aliyev Center, which is a world-wide ...

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CIBC cuts credit card rates to provide relief to customers amid COVID-19 pandemic

moujenonews : April 3 (Reuters) – Canadian Imperial Bank of Commerce said on Friday it was cutting interest rates on personal credit cards to provide relief to customers as the economic fallout from the COVID-19 pandemic deepens Credit card users who request to skip a payment will get a temporary lower annual rate of 10.99%, Canada’s fifth-largest lender said in ...

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Zarif continues talks on COVID-19 outbreak, US sanctions

TEHRAN, Mar. 21 (MNA) – Iranian Foreign Minister Mohammad Javad Zarif held separate phone conversations with the UN Secretary-General, EU Foreign Policy Chief and his Kyrgyz counterpart on Friday evening on the latest issues on coronavirus The phone talks were held as part of the international consultations that Minister of Foreign Affairs of the Islamic Republic of Iran Mohammad Javad ...

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