Jack Ma to relinquish Ant Group, Allergan settles opioid lawsuit, Shell posts record profits

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Yahoo Finance published this video item, entitled “Jack Ma to relinquish Ant Group, Allergan settles opioid lawsuit, Shell posts record profits” – below is their description.

#JackMa #AntGroup #Allergen #shell

Yahoo Finance anchor Julie Hyman reports the latest notable business headlines include billionaire Jack Ma planning to relinquish control of fintech giant Ant Group, Pharmaceutical company Allergan settling a $2 billion opioid lawsuit, Barclays set to pay $200 million in penalties to U.S. regulators, and Shell continuing to benefit from rising oil and gas prices as the company posts record earnings.

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In This Story: Barclays

Barclays plc is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services.

Stock tickers: (LSE: BARC, NYSE: BCS, FTSE 100 Component)

Barclays traces its origins to the goldsmith banking business established in the City of London in 1690.

 

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Jack Ma, or Ma Yun, is a Chinese business magnate, investor and philanthropist. He is the co-founder and former executive chairman of Alibaba Group, a multinational technology conglomerate. Ma is a strong proponent of an open and market-driven economy.

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