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☆ Fenerbahçe vs. Trabzonspor: FIFA condemns Turkish league violence after soccer fans storm pitch and attack players
  + stars: | 2024-03-18 | by ( Sammy Mncwabe | ) edition.cnn.com   time to read: +3 min
CNN —FIFA President Gianni Infantino has condemned the violence that broke out after Trabzonspor fans stormed the pitch and attacked Fenerbahçe players following a Turkey Süper Lig match Sunday. Security forces tried to shield Fenerbahçe players, as fans stormed the pitch. Trabzonspor fans invade the pitch and clash with Fenerbahçe players and security staff after the match. We need to be tolerant towards each other and have common sense.”This is the latest controversy to engulf Turkish football. In December, Faruk Koca, the president of top-flight Turkish soccer club Ankaragücü resigned, a day after he punched a FIFA-licensed referee in the face.
Persons: Gianni Infantino, ” Infantino, Ali Yerlikaya, “, Fenerbahçe, Abdullah Avci, Ismail Kartal, Faruk Koca, club Ankaragücü Organizations: CNN, FIFA, Trabzonspor, Lig, Security, Turkish, Ihlas News Agency, Reuters, Turkey Football Federation, Trabzonspor A.Ş, Super League, BBC Sport, club Locations: Turkey, Fenerbahçe, Trabzon, Turkish
☆ Alibaba bets on overseas e-commerce unit amid sluggish growth in China
  + stars: | 2024-02-20 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com   time to read: +5 min
Costfoto | Nurphoto | Getty ImagesChinese tech giant Alibaba Group is betting on its overseas businesses while domestic consumption growth remains sluggish. James Dong, CEO of Southeast Asian e-commerce giant Lazada Group, was named as Daraz's acting CEO. Dong took over as Lazada Group CEO from Chun Li in June 2022, after running the company's Thailand and Vietnam operations. Intense competitionThe e-commerce business that once propelled Alibaba to success has run into challenges with upstart competitors such as PDD, while consumption growth in China remains sluggish. Alibaba posted 9% year-on-year revenue growth in the third quarter to about $31 billion.
Persons: Eddie Wu, Yinglan Tan, AliExpress, Bjarke Mikkelsen, Jan, James Dong, Lazada, Tan, Alibaba, Zhang, Dong, Chun Li, Li, Pierre, Lucy Peng, PDD Organizations: Nurphoto, Getty, Digital Commerce, Tmall, Tmall Group, Alibaba, Ventures, Lazada, CNBC, Ventures Partners, Alibaba Group, PDD Holdings, Hong Kong, HK Locations: Huangpu District, Shanghai, Taobao, monetization, Alibaba, Pakistan, Asia, China, Thailand, Vietnam, Hong Kong
☆ Alibaba tells Erdogan it plans to invest $2 billion in Turkey
  + stars: | 2023-09-18 | by ( ) www.reuters.com   time to read: +1 min
Shopping trolley is seen in front of Alibaba logo in this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsISTANBUL, Sept 18 (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd (9988.HK) has told Turkish President Tayyip Erdogan it plans to invest $2 billion in Turkey. Michael Evans, president of Alibaba, made the comments in a meeting with Erdogan, according to a statement from the company's Turkish unit. Evans also said Alibaba has invested $1.4 billion in Turkey through its unit Trendyol, one of Turkey's best known e-commerce platforms, the statement said. Erdogan is in the United States to attend the 78th session of the U.N. General Assembly.
Persons: Dado Ruvic, Tayyip Erdogan, Michael Evans, Alibaba, Erdogan, Evans, Trendyol, Caglayan Cetin, Daren Butler, Edwina Gibbs Organizations: REUTERS, Rights, Alibaba, Holding, HK, Turkish, General, Istanbul, Thomson Locations: Rights ISTANBUL, Turkey, Turkish, United States, Ankara
☆ European shares in the red as downbeat U.S. data stokes growth concerns
  + stars: | 2023-06-05 | by ( Shreyashi Sanyal Amruta Khandekar | Shreyashi Sanyal | Amruta Khandekar | ) www.reuters.com   time to read: +3 min
The pan-European STOXX 600 index (.STOXX) ended 0.4% lower after a survey showed the U.S. services sector barely grew in May, while factory orders rose less than expected. "There's a bit of profit taking after some of the moves we've had recently," said Steve Sosnick, chief strategist at Interactive Brokers. "The economic reports that we've gotten around the world (signal) a somewhat slowing economy." Shares of Indivior Plc (INDV.L) jumped 7.8% to top the STOXX 600 index after the drugmaker agreed to pay $102.5 million to settle a lawsuit for its opioid addiction treatment Suboxone. Reporting by Shreyashi Sanyal in Bengaluru; Editing by Sherry Jacob-Phillips, Dhanya Ann Thoppil and Richard ChangOur Standards: The Thomson Reuters Trust Principles.
Persons: we've, Steve Sosnick, Christine Lagarde, Joachim Nagel, Shreyashi Sanyal, Sherry Jacob, Phillips, Dhanya Ann Thoppil, Richard Chang Organizations: PMI, Interactive, U.S . Federal, European Central Bank, Amazon.com Inc, Indivior Plc, Trendyol, Viaplay, Volvo, Copenhagen Stock Exchange, Thomson Locations: U.S, Alibaba, Swedish, Sweden, Bengaluru
☆ Alibaba plans $1 billion investment in Turkey, Sabah reports
  + stars: | 2023-01-08 | by ( ) www.reuters.com   time to read: +1 min
Turkey's Sabah newspaper reported Evans as saying in an interview that the company was looking to invest in Europe and the Middle East and that he sees Turkey as a very strong production base. "We have a serious investment plan at Istanbul Airport. We can evaluate e-export plans from here to Europe, the Middle East and the Far East. We plan an investment of more than $1 billion," Evans was quoted as saying. We are positioning this place as a base for Europe and the Middle East," he said.
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