SHANGHAI (Reuters) - AliExpress, an e-commerce site owned by Chinese giant Alibaba ( BABA ), has signed former England soccer captain David Beckham as a brand ambassador as it plays catch-up with rival PDD Holdings' ( PDD ) Temu in a battle to sell cheap made-in-China goods to the world. A low-key cross-border player until recently, Alibaba ( BABA ) is...

By Ju-min Park SEOUL, May 27 (Reuters) - A South Korean high court began on Monday hearing a prosecution appeal over a decision by a lower court to clear Samsung Electronics ( SSNLF ) chairman Jay Y. Lee of all charges in a case related to a 2015 merger of Samsung companies. Prosecutors are appealing against a February ruling that...

BERLIN (Reuters) -German business morale stagnated in May, a survey showed on Monday, falling short of a forecast improvement and putting a stop to three consecutive months of increases. The Ifo institute said its business climate index remained constant in May at 89.3, compared with a reading of 90.4 forecast by analysts in a Reuters poll. Companies were less satisfied...

MILAN (Reuters) - Fiat owner Stellantis ( STLA ) is expected to announce on Monday a hybrid version of its 500e small electric car to be produced at its Mirafiori plant in Italy, two sources familiar with the matter said, confirming a report by Automotive News Europe. The announcement is expected at a meeting scheduled in Turin between CEO Carlos...