Chinese imports increased 1.5% in August, reversing a 12.5% drop in July, according to the General Administration of Customs. The gain is the first in almost two years, possibly signaling a strengthening economy. South China […]
An opening procedure will launch Monday at the New York Stock Exchange to improve trading speed and efficiency, even during high volatility. The exchange will drop Rule 48, which lets market makers postpone opening a […]
Calling Facebook (NASDAQ:FB) an “asset-light disruptor” with the ability to leverage its “world-leading user base and mobile engagement to monetize long-term growth,” analyst Derek Bingham adds the stock to Goldman’s Focus List for the Information […]
Treasurys fall as ECB stays put US Treasury 30-year bond yields rose seven basis points to 2.30% after the European Central Bank decided not to expand its stimulus program. The decision is expected to reduce […]
Twitter is upgrading its Direct Messages to make bigger inroads on popular messaging apps. New features include typing indicators, Read Receipts and web link previews, as well as the ability in group messages to see […]
Mubadala Development Co., the Abu Dhabi sovereign fund merging with International Petroleum Investment Co., posted a 4.43 billion-dirham ($1.2 billion) loss in the first half because of lower commodities prices and smaller gains from financial […]
Dubai-based online retailer Souq.com, known as the Amazon of the Middle East, is planning to sell a stake of about 30 percent that would give the company a value of at least $1.2 billion, people […]
Subway has bought Vancouver-based Avanti Commerce, a 20-person e-commerce venture that will help the quickservice sandwich chain expand its mobile ordering and payment capabilities. Subway, which operates 44,600 restaurants around the world, will also add […]
Shares of Twitter (NYSE:TWTR) had been rebounding hard over the past few trading sessions as speculation over a potential buyout continued to drive up the share price. However, the opposite is true Thursday as shares […]
Germany’s economy and foreign trade will suffer, with growth next year falling by nearly half, as Brexit’s effect begins to be felt, according to a forecast by the DIW institute. Growth in 2017 is projected […]
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