BUSINESS

Fashion

Ally Fashion Collapses: 185 Stores And 1000 Staff Impacted Across Australia

The Federal Court of Australia on Friday ordered the company to close due to financial difficulties. The process began in November 2024 when Ginninderra Properties, a commercial property group, filed for the action, as stated in a public notice by the Australian Securities and Investments Commission.
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Alibaba and other tech giants have enjoyed a revival in recent months, after being hit by a long-running government crackdown

China's Alibaba To Invest $50 Bn In AI, Cloud Computing

Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack Ma was seen meeting President Xi Jinping.

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