Alibaba Group Holding Ltd has two major things going for it as it prepares for an initial public offering that could raise more than $21 billion: founder Jack Ma ... Read More
A study released by PriceWaterhouseCoopers (PwC) concluded that Africa had the potential to experience a major mid-term energy boom. The survey forecast demand for oil on the continent would ... Read More
Facebook’s market capitalisation topped $200bn for the first time on Monday, beating rival Google in the time it took since going public to reach the symbolic figure. As well ... Read More
It is Wall Street’s “squeezed middle”: a large cohort of bankers in their thirties and forties are fretting that promotions to their banks’ top tier are becoming harder to ... Read More
Any company will tell you that panic starts to set in once the confidence of the board or of investors begins to wane. This is precisely the situation in ... Read More
The Kremlin’s prized oil firm Rosneft is cutting staff and production and selling stakes in Siberian fields in the strongest evidence to date that Western sanctions are hurting what ... Read More
AT&T Inc (T.N) on Monday said Spain’s Telefonica SA (TEF.MC) will license its home security technology for limited trials in Europe as the U.S. carrier hopes it has found ... Read More
Scotland, home to just five million people, has never weighed on the minds of currency traders and market investors the way that Russia or China or the eurozone has ... Read More
An investigation by The New York Times has found that several prominent Washington, D.C. think tanks have regularly taken donations from foreign entities in exchange for using their influence ... Read More
Citizens Financial Group Inc, the U.S. unit of Britain’s Royal Bank of Scotland (RBS.L), said its initial public offering was expected to raise as much as $3.5 billion, making ... Read More
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