A currency-swap arrangement between the European Central Bank and the People’s Bank of China will be extended for three years, the ECB announced Tuesday. The swap line, with a maximum of 350 billion yuan and […]
Shares of Postal Savings Bank of China opened flat, then fluctuated in a narrow range in first-day trading after an initial public offering. The world’s biggest IPO this year sold at the low end of […]
The Greek Parliament has approved moving several government departments into a privatization fund set up to hold public assets until they can be sold. The package of bills passed in a 152-141 vote after Prime […]
Following recent $1,000+ target raises at RBC Capital Markets and Evercore ISI. Analyst Doug Anmuth: “We believe Amazon continues to show strong ability to take share of overall eCommerce, and its flexibility in pushing first-party versus third […]
Profit at Chinese industrial companies posted a 19.5% year-over-year increase in August, the biggest gain in three years, the National Bureau of Statistics said. The data come as retail sales, fixed-asset investment, industrial output and […]
The UK should not be given exceptions to single-market rules in Brexit negotiations, European Central Bank President Mario Draghi says. “It is very hard to imagine that any agreement that will be perceived as discriminatory […]
Samsung Electronics has recovered more than 60% of all recalled Galaxy Note 7 smartphones sold in South Korea and the U.S., and is focused on replacing all of the devices “as quickly and efficiently” as […]
Alphabet has announced a new public Wi-Fi initiative called Google Station. The platform is an extension of work done in India providing Wi-Fi to millions of users at train stations, and the tech giant is […]
The Italian government has set a referendum on constitutional reforms for December 4. The plan aims to streamline parliament and the electoral system in the hope of bringing the country badly-needed political stability. According to […]
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