Snap pops 9 percent after winning second buy recommendation Snap pops 9 percent after winning second buy recommendation:- Shares of Snap Inc (SNAP.N) jumped 9 percent on Wednesday after the owner of messaging app Snapchat received a second analyst "buy" rating following a red-hot public listing this month and with […]
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Oil bounces off November lows, but bloated U.S. stockpiles pressure market Oil bounces off November lows, but bloated U.S. stockpiles pressure market:- Oil prices recovered on Thursday from losses chalked up the session before, but the market remained under pressure as bloated U.S. crude inventories and rising output dampen OPEC-led […]
Airbnb embarks on China push with more staff, local name Airbnb embarks on China push with more staff, local name:- U.S. short-term rental giant Airbnb Inc will triple its China staff this year as it targets the country's millennial consumers, its chief executive said on Wednesday, even as the Silicon […]
Oil prices fall on bloated U.S. crude storage Oil prices fall on bloated U.S. crude storage:- Oil prices dipped on Wednesday as rising crude stocks in the United States underscored an ongoing global fuel supply overhang despite an OPEC-led effort to cut output. At 0803 GMT, prices for front-month Brent crude […]
Luxury goods group Hermes delivers record 2016 profit margin Luxury goods group Hermes delivers record 2016 profit margin:- French luxury goods group Hermes (HRMS.PA) said on Wednesday it was starting 2017 on a solid footing after delivering record 2016 profits, providing further evidence of a broader recovery in the luxury […]
Hot U.S. real estate a potential red flag Hot U.S. real estate a potential red flag:- The run-up in U.S. real estate prices could potentially amplify any future economic downturn, a Federal Reserve official said on Tuesday, urging regulators globally to consider tools beyond interest rates that could help cool […]
Why every Indiana inmate could soon have a tablet Why every Indiana inmate could soon have a tablet:- A plan to put a tablet in every Indiana inmate's hands could help offenders stay connected with their families and improve their education, which are important ways to keep them from returning […]
Toshiba Westinghouse seeks U.S. bankruptcy financing Toshiba Westinghouse seeks U.S. bankruptcy financing:- Westinghouse Electric Co LLC, the nuclear power plant developer owned by Japanese electronics company Toshiba Corp (6502.T), is taking offers for a financing package to help it go through U.S. bankruptcy, people familiar with the matter said on Monday. Toshiba is […]
Fed on track to raise U.S. rates twice more this year Fed on track to raise U.S. rates twice more this year:- The Federal Reserve is on track to raise interest rates twice more this year after a policy tightening last week, and it could be more or less aggressive […]
Baidu leads investment into green car start-up NextEV Baidu leads investment into green car start-up NextEV:- Baidu Inc said on Friday it had led an investment round into green car start-up NextEV, as the Chinese search engine giant looks for new growth drivers and as competition heats up in the […]
