WASHINGTON (Reuters) – When Democrats take control of the U.S. House they plan to investigate the Trump administration’s decision to try to block AT&T Inc (T.N) from acquiring Time Warner, and whether officials sought to punish Amazon.com Inc (AMZN.O) by prodding the U.S. Post Office to hike shipping prices for […]
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In a German opinion poll by Forshungsgruppe Wahlen (Forensic Group Elections) conducted between November 6th and 8th the major parties in the current Grand Coalition, the Christian Democratic Union (CDU) and Christian Social Union (CSU) scored 27%. The junior partner, Social Democratic Party (SPD) were on a lowly 14% tied […]
SHANGHAI (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd settled roughly 69 billion yuan ($9.92 billion) in the first hour of its annual Singles’ Day on Sunday, up roughly 21 percent from last year’s early haul of 57 billion yuan. Singles’ Day is the world’s biggest online sales event […]
Last week I attended WWD’s CEO Summit. I look forward to this event every year. There’s always a robust speaker lineup with thought-provoking topics and discussions. This year, conversations hit on a number of key themes including generational differences, sustainability, customer-centricity and innovation. Let’s dive into the specifics with each […]
ShapeShift CEO Erik Voorhees has said cryptocurrencies will boom during the next global financial crisis. The finance expert at the global trading firm believes the high level of US debt will cripple the economy unless more money is printed. He argues this will lead to an increase in cryptocurrency investment. He […]
BUENOS AIRES (Reuters) – Argentina’s shrinking economy will bottom out in the first three months of next year and start to recover in the second quarter, an International Monetary Fund official said on Saturday. A man talks on his cell phone in Buenos Aires’ financial district, Argentina October 4, 2018. […]
The logo for ExxonMobil appears above a trading post on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, File)ASSOCIATED PRESS As the Stena IceMax — the drillship that will conduct offshore explorations in Cyprus’ Exclusive Economic Zone (EEZ) on behalf of ExxonMobil — approaches its target, anxiety […]
A statue of the China International Import Expo (CIIE)’s mascot is placed in front of a building hanging advertisement of Bank of China, at the venue for the expo in Shanghai, China November 2, 2018. Picture taken November 2, 2018. REUTERS/Stringer SHANGHAI (Reuters) – Around $57.83 billion worth of deals […]