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Green Monday: What is it and where are the best deals?

December 14, 2015 by · Leave a Comment 

Another shopping holiday is upon us. Here are the latest Green Monday deals you'll find at retailer such as Walmart, Amazon and Best Buy.

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Green Monday: What is it and where are the best deals?

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The China metal exchange at center of investment scandal

December 14, 2015 by · Leave a Comment 

By David Stanway KUNMING, China (Reuters) – The plain four-storey Fanya exchange building in this southern Chinese city is teeming with investigators trying to understand how an obscure metal trading business turned into one of China's most audacious investment schemes. Tucked behind an upmarket shopping mall, the Fanya Exchange was founded in 2011 with the …

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The China metal exchange at center of investment scandal

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First GM China-made import to U.S. to go on sale in mid-2016

December 5, 2015 by · Leave a Comment 

By next summer, the Buick Envision small SUV will become the first General Motors Co model imported from China to be sold in the United States, the company said on Friday. Reuters reported in August that by 2017 most Buick's U.S. sales could be of models produced in either China or Europe. The Envision will give Buick three “crossover” vehicles in the U.S. market.

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First GM China-made import to U.S. to go on sale in mid-2016

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Monetary policy risks becoming ineffective in low growth world: ECB Coeure

November 22, 2015 by · Leave a Comment 

Monetary policy risks becoming ineffective in a world where growth is sluggish, economies are deeply interconnected and interest rates are already near zero, a top European Central Bank policy maker said on Saturday. Speaking at the University of California Berkeley, ECB executive board member Benoit Coeure called for academics and policy makers to address issues at the root of a global

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Monetary policy risks becoming ineffective in low growth world: ECB Coeure

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Cognac makers ramp up U.S. efforts as China sips less

November 22, 2015 by · Leave a Comment 

By Martinne Geller COGNAC, France (Reuters) – France's centuries-old cognac houses are raising their bets on the U.S. market with new products and campaigns to broaden the drink's

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Cognac makers ramp up U.S. efforts as China sips less

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Investors "swipe right" in Tinder-owner Match’s debut

November 19, 2015 by · Leave a Comment 

Match Group, which touts itself as the world's No. 1 dating company, is seen as the crown jewel of Diller's media properties and has driven parent IAC/InterActiveCorp's profit and revenue in recent quarters. One of Match Group's most popular

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Investors "swipe right" in Tinder-owner Match’s debut

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Fairly upbeat U.S. data highlight economy’s resilience

November 19, 2015 by · Leave a Comment 

By Lucia Mutikani WASHINGTON (Reuters) – New U.S. applications for unemployment benefits fell last week while a gauge of U.S. economic activity rebounded in October, signs of a healthy labor market and economy that could give the Federal Reserve confidence to raise interest rates next month. Outside manufacturing, the economy has remained resilient despite faltering global growth. “Business rolls on unperturbed …

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Fairly upbeat U.S. data highlight economy’s resilience

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Any doubts over about December Fed hike may be swept away

November 15, 2015 by · Leave a Comment 

By Jonathan Cable LONDON (Reuters) – Inflation numbers from the United States on Tuesday could be the provider of the final domino in the Federal Reserve's track to raise interest rates next month. Earlier in November a robust report on U.S. employment hardened expectations for the Fed's first rate increase in nearly a decade and if prices are shown to be rising steadily those views will likely solidify. Minutes from the Fed's October meeting will also be published, giving an insight into the Committee's decision…

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Any doubts over about December Fed hike may be swept away

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Exclusive: Commodity trader Cargill restructures, cuts jobs – sources

November 15, 2015 by · Leave a Comment 

By Sarah McFarlane LONDON (Reuters) – Cargill Inc [CARG.UL], one of the world's largest privately held corporations, has launched a restructuring that includes job cuts, one company source and four industry sources said on Friday, the latest casualty of a downturn in the farm economy. The 150-year-old company, a top commodities trader, is also closing offices, two of the industry sources said. The cutbacks at the Minnesota-based company come as global agricultural companies are under pressure from slumping commodity prices…

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Exclusive: Commodity trader Cargill restructures, cuts jobs – sources

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Alibaba’s Singles’ Day sales surge 60 percent to $14.3 billion

November 12, 2015 by · 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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