Alibaba Group Holding ( BABA ) eyes double-digit sales growth for its Singles’ Day campaign in Hong Kong, thanks to a new promotion designed to waive delivery fees for Taobao users in the city. The Chinese e-commerce juggernaut launched a 1 billion yuan ($142 million) initiative on October 1 to waive delivery charges on specific orders over 99 yuan. The...

10:30 AM EDT, 10/18/2024 (MT Newswires) -- Intel ( INTC ) is looking to sell at least a minority stake in its Altera unit for billions of dollars in cash, CNBC reported late Thursday, citing people familiar with the matter. Intel ( INTC ) is seeking a deal that would value Altera at about $17 billion after having purchased the...

United States Cellular Corporation ( USM ) shares are trading higher on Friday after the company agreed to sell part of its retained spectrum licenses to Verizon Communications Inc. ( VZ ) for $1.0 billion. In particular, the company agreed to sell 663 million MHz POPs of its Cellular (850 MHz) spectrum, along with 11 million MHz POPs of AWS and...

10:32 AM EDT, 10/18/2024 (MT Newswires) -- Calibre Mining ( CXBMF ) on Friday said it sold 46,076 ounces of gold in the third quarter at a total cash cost of US$1,580 per ounce and all-in sustaining cost of US$1,946 per ounce. The company said year-to-date Nicaragua production was affected by lower-than-budgeted ore deliveries from the new Volcan open pit....