Alibaba announced it would offer $2.8 billion in loans to companies struggling since the coronavirus outbreak.
The one-year loans will be distributed to companies in Hubei, the central Chinese province that is the epicenter of the outbreak.
Alibaba announced it would offer $2.8 billion in loans to companies struggling since the coronavirus outbreak.
The one-year loans will be distributed to companies in Hubei, the central Chinese province that is the epicenter of the outbreak.
HSBC said on Tuesday it would shed $100 billion in assets, slashing the size of its investment bank and revamping its U.S. and..