Business

FILE PHOTO: Daniel Zhang, Chief Executive Officer of Alibaba Group Holding Ltd., attends the Alibaba Group’s 11.11 Singles’ Day global shopping festival in Shanghai, China, November 11, 2017. Picture taken November 11, 2017. REUTERS/Aly Song SHANGHAI (Reuters) – Alibaba Group Holding Ltd expects to avoid layoffs this year despite China’s economic slowdown, CEO Daniel Zhang
0 Comments
HONG KONG (Reuters) – Several cryptocurrency exchanges have moved closer to mainstream markets by buying listed companies, looking to raise funds and present themselves as embedded in the traditional financial services world they once spurned. Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture,
0 Comments
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 13, 2019. REUTERS/Brendan McDermid/File Photo NEW YORK (Reuters) – Weak economic reports pressured U.S. stocks on Thursday after the market’s recent run of gains, and a drop in healthcare shares added to the bearish momentum. The Dow Jones
0 Comments
DETROIT (Reuters) – Consumer Reports on Thursday pulled a recommendation for Tesla Inc’s Model 3, citing reliability problems, and the influential U.S. magazine turned up the pressure on other automakers to include crash-avoiding automatic braking as standard equipment. A red 2018 Chevrolet Bolt EV vehicle is seen on the assembly line at General Motors Orion
0 Comments