Alibaba Group has bought the e-commerce platform of NetEase for about $2 billion and will participate in a $700 million investment in NetEase's music streaming service, the two Chinese firms said on Friday. The move

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US job growth slowed more than expected in August, with retail hiring declining for a seventh straight month, but strong wage gains should support consumer spending and keep the economy expanding moderately amid rising threats

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China's central bank said on Friday it was cutting the amount of cash that banks must hold as reserves for the third time this year, releasing 900 billion yuan ($126.35 billion) in liquidity to shore

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Serena Williams will face Canadian teenager Bianca Andreescu for the US Open title as the American set herself up for another attempt to clinch a record-equaling 24th Grand Slam singles title. Williams, who turns 38

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Spin sensation Rashid Khan starred with bat and ball on Friday as Afghanistan took command in the one-off Test against Bangladesh in Chittagong. Rashid hit 51 off 61 balls to take Afghanistan to 342 in

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Five-time Ballon d'Or winner Cristiano Ronaldo will earn 162 million euros ($139 million) from his contract with Nike, documents in the latest Football Leaks revelation carried by Der Spiegel magazine showed on Friday. His most

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Star South African athlete Caster Semenya, who cannot defend her world 800-metre title this month because she refuses to take testosterone-reducing drugs, is set to become a footballer. The two-time Olympic gold medallist is training

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Lasith Malinga claimed four wickets in four balls for the second time in his career to lead Sri Lanka to a 37-run consolation win over New Zealand in the third Twenty20 international on Friday. Malinga

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Apart from enhancing the quality at the first-class level, one of the primary objectives of reforming the domestic cricket structure is to maximise utilisation of the abundance of cricketing talent in the country. That, the

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Josh Hazlewood strengthened Australia's grip on the fourth Test at Old Trafford with a trio of England wickets late on Friday's third day. England were 200-5 when bad light ended play shortly before the scheduled

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