Forecasts about price swings in Yen against the euro are becoming stronger as investors bet that Bank of Japan (BoJ) will also make dovish rhetoric to match European Central Bank (ECB).
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Microsoft Focus on Cloud Service Raise Its Third Quarter Revenue
Microsoft, a software giant has started to see their new strategy focus is paying off, as they announced their latest quarterly result, last Thursday. Strategy shifting on cloud computing and mobile business has started to deliver a positive result.
Australia Welcomes New Nexus Devices from Google
Google's two new Nexus devices are now available for pre-order in Australia Monday from the Google store, and will be widely available on November.
JPMorgan Chase is Challenging Apple Pay with Chase Pay
Apple has enjoyed a series of advantages of their innovative mobile payment and digital wallet service with ApplePay. However, Apple and other technology companies which dominated the mobile payment service, is now facing a serious competition from one big financial institution, JPMorgan Chase.
European Commission Rules Starbucks' and Fiat's Tax Deals with Dutch and Luxembourg Tax Authorities Illegal - Ordering Both Companies To Pay Millions of Euro in Back Taxes
The European Commission ruled on Wednesday that Starbucks Corp and Fiat Chrysler Automobiles benefited from illegal tax deals with the Dutch and Luxembourg authorities, sending shock waves to MNCs who have been using such profit-shielding tax deals in the past.
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Giant US power company Duke Energy said Monday that it would buy for $4.9 billion in cash natural gas distributor Piedmont Natural Gas, which is its partner in the $5 billion worth Atlantic Coast Pipeline venture.
Dutch electronics and healthcare company Philips announced that its proposed sale of Lumileds to Go Scale Capital had run into unexpected opposition from US government.
Alibaba Group Holding Ltd will report on the opening bell of October 27 its second quarter earnings for the fiscal year 2016. Investors and analysts are closely watching its earnings to determine how China's economic slowdown affected the giant e-commerce performance for that quarter.
The Financial Conduct Authority banned Weaving Capital (UK) Ltd. Founder Magnus Peterson from working in the financial industry as part of a closure in one of the biggest scandals in the country.
The shares of McDonalds' - the world's biggest restaurant chain - jumped more than 8% to hit $110.88 on Thursday. CEO Steve Easterbrook, who took over the helm 8 months ago, stated that the rebound in the quarterly restaurant sales showed that his turnaround plan is starting to take effect.
China, South Korea, and Japan have announced plans to reignite a three-party summit that was halted on 2012 due to lingering animosity towards Japan's part in WWII.
Greek tech company Globo Plc said that its Chief Executive Officer Costis Papadimitrakopoulos and Chief Financial Officer Dimitris Gryparis have resigned after they disclosed falsified financial data at the company.
Microsoft launches its first flagship store in New York City. The tech giant will also sell all of its latest devices in the store, including the Surface 4 and the Surface Book laptop-tablet.
Last Friday, Uber Technologies have revealed plans of raising $1 billion from a new pool of investors which will make it the most powerful, and most valuable, privately-owned, start-up in the whole world.
