Atlanta Fed President Dennis Lockhart said in an interview to CNBC that he was surprised how much the stronger dollar seemed to be impacting the home economy...
Chinese B2B e-commerce platform Hc360.com has reached a purchase deal with Zol.com.cn, an information technology vertical portal website in China, worth CNY1.5 billion. The acquisition deal covers several assets, including Zol.com.cn, Zol.com, and Ea3w.com...
Shares of Kraft Foods Group Inc. surged as much 37% in premarket trade on Wednesday, after the news the food-and-beverage company is merging with H.J. Heinz Co, creating what the companies say will be the third-largest food and beverage company in the US...
The biggest European economy is expected to keep its growth in the first half of 2015 and continue to expand as strongly as at the end of 2014, Germany's central bank has stated...
It’s possible to count the number of major FPGA vendors on one hand, and despite a desire to differentiate, they are flocking together around some key areas where FPGA market growth seems most promising...
A Yahoo senior vice president reportedly announced via an internal email that they will close their research and development center in Beijing. According to reports in Chinese local media, the shutdown of the Beijing R&D center is a part of the company's global layoff plan...
March 24, 2015 Santiago, Chile French paper Le Parisien didn't mince words in the headline: "La chasse au cash est lancee". Basically 'hunting season on cash is launched'...
Regulators in the United States criticised HSBC and Royal Bank of Scotland (RBS) for failing to make adequate provisions in the event of their collapse and said they must improve their so-called "living wills" or face regulatory action. French bank BNP Paribas was also criticised...
The head of the International Monetary Fund (IMF) has said that the organization would be "delighted" to co-operate with the China-led Asian Infrastructure Investment Bank (AIIB), which already has more than 30 members and is seen as a development bank similar to the World Bank...
IBM CEO Virginia Rometty said that the tech company will share technology with Chinese firms and will help the country to build its own IT industry. She noted that this move is more important rather than viewing the country solely as a sales desstination or manufacturing base...
The Greek prime minister Alexis Tsipras has warned Angela Merkel that it will be “impossible” for Greece to service debt obligations due in the coming weeks without any short-term financial assistance from the European Union (EU) to the country, as servicing the debts would lead to a “sharp deter...
Although both of them can be ruined or wealthy, investors and traders differ a lot. The thing is that starting a trade may not require huge investment or bank loan. Some of the worldwide traders still remain leaders of the best trades of all times, as they managed to go through certain trials...