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Alibaba’s Singles’ Day sales surge 60 percent to $14.3 billion
November 12, 2015 by creative · Leave a Comment
By Paul Carsten BEIJING (Reuters) – Alibaba Group Holding Ltd's total value of goods transacted during its Singles' Day shopping festival was 91.2 billion yuan ($14.32 billion), the Chinese e-commerce giant said in Beijing on Thursday. The results are preliminary and unaudited, Alibaba said. Six years ago, Alibaba turned Nov. 11 into China's equivalent of United
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Alibaba’s Singles’ Day sales surge 60 percent to $14.3 billion
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Oil prices edge away from two-month low, but market outlook stays weak
November 12, 2015 by publisher · Leave a Comment
By Henning Gloystein SINGAPORE (Reuters) – Crude oil prices edged away from over two-month lows in early Thursday trading, after a sharp slide on concerns the market would take much longer than many anticipated to rebalance as supplies far outstrip demand. Internationally traded Brent crude futures were at $46.18 a barrel, up 37 cents following a 3.4-percent fall the previous day. “Rising U.S. inventories continue to remain a major theme driving crude oil prices … Iraq is also increasing pressure on U.S. shale producers.
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Oil prices edge away from two-month low, but market outlook stays weak