On Tuesday Greece's new Prime Minister Alexis Tsipras is meeting Italian center-left Prime Minister Matteo Renzi, as he continues a diplomatic tour around Europe...
Ewald Nowotny, a policymaker at the European Central Bank, said consumer prices in the euro zone may grow 0.8 percent in 2015...
In today's speech in Hong Kong Alibaba's founder Jack Ma said the company has resolved its problems with China’s State Administration of Industry and Commerce “at the first stage". On Monday Alibaba shares gained as much as 2.9 percent as of 10:30 a.m. in New York trading...
Alibaba Health Information Technology Limited has signed a strategic cooperation framework agreement with Shanghai Kingstar Winning Software to launch a range of e-medical services...
Chinese meal ordering platform Ele.me announced that the company has gained new investments of a whopping USD350 million and its investors including Tencent, JD.com, Dianping.com, Sequoia Capital, and CITIC Private Equity Funds. According to Ele...
US oil industry workers have launched a large-scale strike at nine refineries after failing to agree on a new national contract with major oil companies, says BBC Worldwide...
The e-commerce giant AMZN usually doesn’t reveal many details about sales by category. This time it was different, and below I post what it has said about the best-selling items in a wide range of categories, from books to videos, toys and electronic equipment before Christmas...
Alibaba.com tumbled 8.8%, a day after Yahoo finally answered investor chirping by announcing it will spin off its remaining stake in the Chinese e-commerce giant to shareholders. Are we looking at a case of be careful what you wish for...
On Friday, Eurostat published its latest unemployment figures, indicating the overall rate in the eurozone falling slightly from 11.5 percent in November to 11.4 percent in December...
The euro zone rate of inflation has entered negative territory due to falling oil prices. That was an impulse for the ECB to act, as what is good for consumers is bad for the economy...
According to government data released on Thursday, initial jobless claims declined to 265,000 in the seven days ended Jan. 24 from a revised 308,000. The number of people who sought new U.S. unemployment benefits in late January fell to its lowest level in 14 years...
On Wednesday the company announced an email and electronic calendar service called WorkMail that is aimed at grabbing a slice of the corporate-email market largely controlled by Microsoft Corp. and to a lesser extent Google Inc, says the Wall Street Journal...
Britain’s economic recovery slowed in the fourth quarter of 2014, however annual growth was the fastest since the financial crisis of 2007. A slowdown to 0.5% from 0.7% in third quarter was disappointing for City analysts, says The Guardian...
On Tuesday German Finance Minister Wolfgang Schaeuble said he did not think member states of the European Union should contribute to the EU's planned 315 billion euro investment fund...
Chinese telecom device maker ZTE recently revealed that the company achieved operating revenue of CNY81.242 billion in 2014 — a year-on-year increase of 7.99% — and its net profit attributable to shareholders reached a year-on-year increase of 94.17...
Valery Vavilov, the CEO of BitFury has announced that his company is acquiring Allied Control, a top immersion cooling company. He said, “We are very excited about Allied Control and its founders joining our team...
On Monday, the euro recovered from 11-year lows and Europe's main share markets also rose - after initial falls - on hopes that a compromise over Greece's bailout terms might be found...
After talks between trade unions and employer groups ended without agreemnet, the French authorities decided they would use legislation to reform rules on worker representation, the country's labour minister Francois Rebsamen said...
Japan's exports grew the most in a year in December, underpinned by a weak local currency and pickup in overseas demand led by the United States, an encouraging sign for the economy hit by recession, though doubts persist about the strength of global consumption...
The euro zone cuurency, U.S. equity-index futures droped on Monday while Treasuries advanced as Greek voters handed victory to a leftwing party that has pledged to renegotiate the terms of an international bailout. Asian stocks declined with crude oil and industrial metals...
