Amazon bought live video-game streaming service Twitch two years ago for almost $1 billion, and the company is seeking to attract advertisers beyond gaming brands. Ten million people across the globe use Twitch daily, and […]
To combat illegal activity, a Chinese securities regulator has restricted investors to three stock accounts in the A-share market. The regulations are now in effect, and the China Securities Depository and Clearing Corp. says investors […]
Financial firms are expected to take advantage of a rule that lets foreign companies run wholly owned asset managers in China, rather than hold a minority stake in a joint venture. Companies that have established […]
The rapid fall in the value of the British pound has acted as an “important shock absorber” for the economy after the UK’s vote to withdraw from the EU, said Ben Broadbent, the deputy governor […]
The Abu Dhabi Securities Exchange is launching a blockchain voting service to allow stakeholders to participate in annual meetings of listed companies from anywhere in the world as part of a larger effort by the […]
Charles Scharf is stepping down as Visa’s CEO after determining that he needs to be near family in New York. San Francisco-based Visa has appointed board member Alfred Kelly, a former president of American Express, […]
EU foreign ministers, in a meeting to discuss the war in Syria, have rejected the possibility of additional sanctions on Russia but have indicated that they might agree to measures that target the Syrian government. […]
Disney decided against buying Twitter recently partly due to concerns that the hate speech that’s rampant on the social network would undermine Disney’s (NYSE:DIS) family friendly image, Bloomberg reports. Another reason is that although Twitter […]
IBM’s earnings fell in Q3 but topped estimates as EPS was $3.29, net profit sank 4% to $2.9B and revenue slipped 0.4% to $19.2B. On the upside, revenue from areas that IBM (NYSE:IBM) calls “strategic […]
U.K. CPI reached its highest level in almost two years in September, rising to +1% on year from +0.6% in August and topping consensus of 0.9%. The U.K.’s Office of National Statistics says it hasn’t […]
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