Alibaba, the Chinese e-commerce giant, has a growing cloud computing business and a hunger for American companies. And soon, it will most likely have a large amount of cash. ... Read More
The American Automobile Association (AAA) has reported that the average pump price of a gallon of gasoline was $3.52 at the end of July, the lowest since March. In ... Read More
Walgreens announced Monday that the company is replacing Chief Financial Officer Wade Miquelon, a move that comes just as the Deerfield, Ill., drugstore chain plans to announce a decision ... Read More
If you’ve got your eye on a purchase that your credit score says you can’t quite afford, Max Levchin may be able to help. After a brief stint as ... Read More
HSBC’s pre-tax profits fell by 12% in the first half of 2014 compared with the same period a year before. Profits were $12.34bn (£7.33bn), from $14.071bn twelve months earlier. ... Read More
European companies are delivering growth for the first time in three years albeit concerns over Russia which held back markets at the end of last week. Equity strategists at ... Read More
Kenya will impose capital-gains and windfall taxes on oil, gas and mining companies within months to ensure the East African nation maximizes benefits from its mineral resources, President Uhuru ... Read More
China will increase investment in areas including the property sector, while authorities will advance wide-ranging economic reforms such as changing the fiscal and pricing systems, the country’s powerful economic ... Read More
Commercial Bank is pleased to announce the appointment of Mr. Colin Macdonald as Executive General Manager, Business Enablement. In a statement, Mr. Hussain Alfardan, Vice Chairman and Managing Director ... Read More
The European Central Bank will take over supervising banks in Helsinki and Lisbon in November after finding out unprecedented scrutiny to their books. The reason for doing so is ... Read More
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