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alibaba-2 office

Alibaba overhauls pact with Alipay parent

13/08/2014(0)
The pact between Alibaba Group Holding Ltd and its payment affiliate Alipay was overhauled. This boosted the Chines e-commerce giant’s potential gain if Alipay is sold or goes public. ... Read More
wto

WTO: Failure on customs deal will have considerable impacts

12/08/2014(0)
In case of failing to conclude to a global customs rules deal, could lead to “considerable impact” on other areas of global trade negotiation, according to Roberto Azevedo, WTO ... Read More
CRUDE-OIL

Brazil’s Petrobras Ramps Up Production of Pre-Salt Oil

12/08/2014(0)
After several years of very little progress, Brazil is finally beginning to extract oil from ultra-deep water. Brazil’s economy grew at an astounding pace from 2005 to 2010, thanks ... Read More
china-real-estate

Chinese developer Wanda launches $1.7bn Australian arm

12/08/2014(0)
One of China’s biggest developers will launch an Australian arm with $1.7 billion in capital to splash into the nation’s real estate market. In an announcement to the Hong ... Read More
COUTTS BANK

Royal Bank of Scotland to offload global Coutts arm

12/08/2014(0)
Royal Bank of Scotland said it planned to sell the international operations of Coutts, its private bank for wealthy clients including Queen Elizabeth II and David Beckham, just months ... Read More
singapore

Singapore GDP Unexpectedly Expands as Outlook Improves

12/08/2014(0)
Singapore’s economy unexpectedly expanded last quarter as manufacturing declined less than initially estimated amid recoveries in advanced countries. Gross domestic product rose an annualized 0.1% in the three months ... Read More
chiquita

Chiquita subject of $611m bid to rival Fyffes merger

12/08/2014(0)
U.S. banana group Chiquita received a $611m (£363m) bid from two Brazilian companies. On Friday’s closing price the two firms, Juice maker Cutrale and conglomerate Safra have offered $13 ... Read More
FTA-free-trade

EU hopes for a free-trade agreement with Vietnam

12/08/2014(0)
EU is hoping to agree on a free-trade agreement with Vietnam soon. Negotiations for the agreement are making good progress, according to Catherine Ashton during her visit in Hanoi, ... Read More
JPMorgan

JP Morgan Chase retail counsel leaves bank

12/08/2014(0)
Matthew Biben, JPMorgan Chase & Co’s retail-banking general counsel, has left the bank in an overall three years of service. The position was filled by his replacement, Jill Centella, ... Read More
exxon

ExxonMobil’s Russian ‘Cooperation’ in Arctic Despite Sanctions

12/08/2014(0)
Despite sanctions from the West on Russian oil companies, President Vladimir Putin is praising ExxonMobil as a potential cooperator to begin an oil drill project in the Arctic. “Today, ... Read More
Broker Cyprus TopFX