By Karolos Grohmann DAVOS, Switzerland (Reuters) - Chinese e-commerce company Alibaba has become a major sponsor of the Olympic Games after signing a deal with the International Olympic Committee (IOC) that runs until 2028, the two parties said on Thursday Alibaba, which becomes the official e-commerce
* Alibaba is first sponsor to commit to 2028 * New deal brings number of Olympic sponsors to 13 * Sponsors bring in $1 billion for IOC per quadrennium (Updates with details, quotes, background) By Karolos Grohmann DAVOS, Switzerland, Jan 19 (Reuters) - Chinese e-commerce company Alibaba has become
U.S. stock futures were drifting this morning. The Dow, S&P 500, and Nasdaq were all trending for weekly declines.
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