Market News

20/09/2014 12:07 PM

Indonesians, Optimistic About New President, Spend Freely

(NY Times) Any problems that may lie ahead, among them poverty and corruption, have failed to dent Indonesians’ confidence and willingness to splurge.
20/09/2014 10:20 AM

Business Briefing: Prada Cuts Forecast as Profit Falls 21%

(NY Times) The luxury good company cut its 2014 revenue guidance because of weaker-than-expected consumer demand, as it posted a decline in net profit for the first half.
20/09/2014 10:18 AM

DealBook: A Soaring Debut for Alibaba

(NY Times) The Chinese Internet giant, which raised $21.8 billion in its stock sale, instantly became one of the biggest publicly traded technology companies in the world.
20/09/2014 10:04 AM

Big Factories Go to Work on Biofuel

(NY Times) One commercial plant opened this month and two others are close, but technical and economic hurdles remain.
20/09/2014 8:02 AM

China Fines GlaxoSmithKline Nearly $500 Million in Bribery Case

(NY Times) The fine is the largest ever imposed in the country, and the British drug maker’s former chief executive there was given a suspended prison sentence.
20/09/2014 7:21 AM

Little Change in the Market After the Debut of Alibaba

(NY Times) The Dow rose to 17,279, the third straight day it set a nominal high, and the S.&P. 500, which fell less than a point, had its best weekly gain in a month.
20/09/2014 7:21 AM

Little Change in the Market After the Debut of Alibaba

(NY Times) The Dow rose to 17,279, the third straight day it set a new high, and the S.&P. 500, which fell less than a point, had its best weekly gain in a month.
20/09/2014 6:37 AM

DealBook | Latest Updates: Alibaba’s Shares Close Up 38% on First Day of Trading

(NY Times) The company made a splashy debut Friday and closed at $93.89 a share, reflecting the strong demand for stock in the Chinese e-commerce behemoth.
20/09/2014 6:37 AM

DealBook Analysis: Alibaba’s Shares Close Up 38% on First Day of Trading

(NY Times) The company made a splashy debut Friday and closed at $93.89 a share, reflecting the strong demand for stock in the Chinese e-commerce behemoth.
20/09/2014 6:31 AM

Alibaba shares surge on NY debut

(BBC News) Alibaba's shares closed significantly above their initial price on the New York Stock Exchange on Friday, a sign of the excitement surrounding the Chinese internet giant.
20/09/2014 6:30 AM

South Sudan dismays investors

(BBC News) South Sudan's decision to order foreign workers to leave, reversed a day later, has rattled investors and neighbours.
20/09/2014 6:26 AM

DealBook: Latest Updates: Alibaba’s Shares Close Up 38% on First Day of Trading

(NY Times) The company made a splashy debut Friday and closed at $92.70 a share, reflecting the strong demand for stock in the Chinese e-commerce behemoth.
20/09/2014 4:34 AM

Vodafone saves Phones 4U store jobs

(BBC News) Restructuring at the Phones 4U head office is resulting in 628 redundancies, but 887 jobs in stores will be preserved.
20/09/2014 3:44 AM

DealBook: Latest Updates: Alibaba’s Shares Surge on First Day of Trading

(NY Times) The e-commerce behemoth made a splashy debut Friday, trading at $92.70 a share, with investors seeing the company as perhaps the best chance yet to buy into China’s growth.
20/09/2014 3:23 AM

DealBook: British Food Delivery Giant Forms Joint Venture in Brazil

(NY Times) Just Eat, which has been expanding globally, has agreed to merge its Brazil operations with iFood, owned by the mobile company Movile in São Paulo.

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