Market

alibaba

Alibaba Has a Computing Cloud, and It’s Growing, Too

05/08/2014(0)
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
CRUDE-OIL

Summer Gas Prices Down Despite Geopolitical Turmoil, Higher Demand

05/08/2014(0)
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
walgreen

Walgreens CFO exits ahead of tax inversion news

05/08/2014(0)
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
Max-Levchin

PayPal co-founder Levchin, Affirm want to disrupt credit biz

05/08/2014(0)
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 logo

HSBC bank’s half-year profits fall by 12%

04/08/2014(0)
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
eurozone

Earnings growth in Europe – first time in 3 years

04/08/2014(0)
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

Kenyatta Sees Kenya Windfall Tax in Resource Laws in Months

04/08/2014(0)
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 gdp

China repeats promise to increase investment, speed up reforms

04/08/2014(0)
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

Commercial Bank announces new executive appointment

04/08/2014(0)
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
draghi_ecb

Will Europe start to lend again?

04/08/2014(0)
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
Broker Cyprus TopFX