World Bank Group Launches Program To Support Africa’s Top Digital Entrepreneurs
The World Bank Group has launched XL Africa, a five-month business acceleration program designed to support the 20 most promising ...
Tag: Thomson Reuters
Bank Urges City To ‘plan For All Eventualities’
The Bank of England has written to the UK's biggest financial firms, urging them to plan for "all eventualities" from ...
Halfway Into 2017’s Oil Supply Cut, Asia Remains Awash With Fuel
Halfway into an OPEC-led oil supply cut, Asia remains awash with fuel in a sign that the group's efforts to ...
Snap Shares Drop 4 Percent, Fall Below $20 For the First Time
New York Stock Exchange (NYSE) with a Snap Inc. logo hunging on the front Snap Inc shares tumbled below $20 ...
Stocks Rise As U.S. Jobs Data Points To Rate Hike; Crude Slips
Crude oil resumed a sharp decline and global equity markets rose on Friday after a robust U. S. jobs report ...
Best Buy Posts Unexpected Drop In Same-Store Sales
The company's shares fell more than 9 percent in premarket trading. Best Buy Co In (BBY. N), the No. 1 ...
Higher Customer Traffic Boosts Wal-Mart’s Sales; Margins Under Pressure
Wal-Mart Stores Inc (WMT. N) on Tuesday reported higher-than-expected U.S. sales, helped by more customer visits to its stores and ...
Wal-Mart’s Quarterly Comparable Sales Beat Estimates
At Friday's close, Wal-Mart shares had risen 0.36 percent since the start of the year. Wal-Mart Stores Inc (WMT. N) ...
Kraft Walks Away From ‘friendly’ Bid For Unilever
U. S. food company Kraft Heinz Co (KHC.O) withdrew its proposal for a $143-billion merger with larger rival Unilever Plc ...
Kraft Withdraws Offer To Merge With Unilever
The companies did not provide details of the reason for ending the discussion in a statement. U. S. food company ...
Oil Prices Slip As High Stocks Overshadow OPEC Cuts
Oil slipped on Friday, pressured by growing global stocks, while expectations that an oil output cut by producers might eventually ...
World Stocks Ride To Record High, Dollar Retreats
World stocks hit an all time high on Thursday as the latest round of robust global data matched hopes that ...
Aon To Sell Benefits Outsourcing To Blackstone For $4.3 Billion
They typically seek to sell ownership of such assets at a big profit a few years after they invest. Insurance ...
Disney CEO Iger Says He Is Open To Extending His Term
Chief Executive Bob Iger said on Tuesday he is open to extending his term as the head of Walt Disney ...
Dollar’s Sudden Weakness Could Help U.S. Profit Picture
Stock investors could have at least one less worry in the next earnings period: the suddenly limp U. S. dollar. ...
Gov’t Inherits Budget Deficit of Around 10%
Government says it has inherited a budget deficit of around 10 percent of economic output, Finance Minister Ken Ofori-Atta told ...
Wall Street Down On Earnings; Political Concern Weighs Leftright 2/2leftright
U. S. stocks fell on Tuesday, dragged down by economic growth-sensible sectors, amid disappointing earnings and continued concern over the ...
Microsoft’s Market Value Tops $500 Billion Again After 17 Years
Microsoft Corp’s (MSFT. O) market capitalization topped $500 billion for the first time since 2000 on Friday, after the technology ...
Alibaba Posts 54 Percent Rise In Third-Quarter Revenue, Raises 2017 Guidance
Alibaba Group Holding Ltd on Tuesday posted a 54 percent rise in third-quarter revenue, beating analyst estimates, helped by higher ...
Yahoo Beats Wall Street View, Sees Verizon Deal Closing In Second Quarter
Yahoo Inc on Monday reported better-than-expected quarterly profit and revenue, and said the sale of its core internet business to ...