Here’s Alibaba’s secret to success

Posted by Forexsq 2 days ago (
img As Alibaba nears its record-setting IPO, it’s clear the China-based e-commerce conglomerate understands the power of online marketplaces

Marketplaces are the heart of Alibaba’s BABA, +0.00% meteoric growth. The company began as a B2B industrial directory, an online “Blue Book” for manufacturing suppliers. Then it built China’s largest B2C retail website,, and its largest auction sit

Russia Weighs Response as U.S. and EU Add More Sanctions

Posted by Forexsq 5 days ago (
img Russia threatened retaliation against a U.S. and European Union decision to stiffen sanctions, saying the move to expand penalties undermines the peace process in Ukraine.

Russia will react “calmly, appropriately” to the EU sanctions, Foreign Minister Sergei Lavrov told state TV in an interview. The EU added 15 companies, including OAO Gazprom (OGZD) Neft, OAO Rosneft (ROSN) and OAO Transneft,

Obama Said to Seek UN Measure on Curbing Foreign Fighters

Posted by Forexsq 8 days ago (
img President Barack Obama plans to seek a United Nations Security Council resolution requiring governments to craft regulations and laws to thwart the flow of foreign fighters to militant groups such as the Islamic State.

Obama will offer the resolution for a vote at a high-level Security Council meeting he will chair on Sept. 24 on the sidelines of the UN’s annual General Assembly session, said

August Jobs Report

Posted by Forexsq 12 days ago (
img The economy added 142,000 jobs in August — a far cry from the 225,000 expected — and the unemployment rate ticked down to 6.1%.

Putin Raises Statehood for Southeast Ukraine as Kiev Cites Russian Tank Battalion in Airport Fight

Posted by Forexsq 16 days ago (
img Negotiations got under way in Belarus today to seek an end to the fighting in southeastern Ukraine, as the government in Kiev claimed about 1,600 Russian soldiers were advancing into the region.

The ruble slid to a record against the dollar for a second day as the intensified conflict raised the likelihood that Russia will face wider European Union sanctions. German Chancellor Angela Merkel sa

Separatists say will allow 'trapped' Ukrainian forces to withdraw

Posted by Forexsq 19 days ago (
img Pro-Moscow rebels fighting in Ukraine said on Friday they would comply with a request from the Kremlin and open up a 'humanitarian corridor' to allow the withdrawal of Ukrainian troops they have encircled.

It was not clear how the government in Kiev would react to the offer, suggested first by Russian President Vladimir Putin, but the first word from the Ukrainian military was negative.

Burger King in Talks to Buy Canadian Chain Tim Hortons

Posted by Forexsq 23 days ago (
img Burger King Worldwide Inc. (BKW), the second-largest U.S. burger chain, is in talks to buy Tim Hortons Inc. (THI) and move its headquarters to Canada, becoming the latest American company seeking to relocate to a lower-tax country.

Burger King would create the world’s third-largest fast-food chain by merging with Canada’s bigger seller of coffee and doughnuts, the companies said in a statement

Yellen Still Sees ‘Significant’ Under-Use of Labor Resources

Posted by Forexsq 26 days ago (
img Federal Reserve Chair Janet Yellen said slack remains in the U.S. labor market even after gains made during the five years of economic recovery.

“The economy has made considerable progress in recovering from the largest and most sustained loss of employment” since the Great Depression, Yellen said today in a speech at the Kansas City Fed’s annual economics conference in Jackson Hole, Wyoming.

Apache Australia Oil Find Boosts Potential Sale Value

Posted by Forexsq 29 days ago (
img Apache Corp. (APA), the U.S. oil producer weighing plans to sell international assets after investor pressure, announced the largest discovery in 20 years off the coast of Western Australia.

The Canning Basin may hold as many as 300 million barrels of oil, according to six samples from a well about 110 miles (180 kilometers) north of Port Hedland, the Houston, Texas-based company said today in

Accounting trouble discovered at Alibaba unit ahead of mega IPO

Posted by Forexsq 33 days ago (
img Chinese tech firm Alibaba's film division may have misreported financial information -- yet another road block as the firm prepares for a big market debut due in the coming weeks.

Israel, Palestinians Observe New Truce as Accord Sought

Posted by Forexsq 37 days ago (
img Israeli and Palestinian negotiators staked out positions for a long-term agreement on the Gaza Strip as a new Egyptian-brokered truce offered a respite to a month of violence in the Hamas-ruled territory.

Palestinian envoys attending truce talks in Cairo agreed yesterday to Egypt’s proposal for 72 hours of quiet. There were no rockets fired from Gaza or Israeli air strikes on the territory sin

Asian Stocks Outside Japan Climb After Last Week’s Drop

Posted by Forexsq 44 days ago (
img Asian stocks outside of Japan rose, with a gauge of regional equities rebounding after last week’s decline, as information technology companies advanced.

Compal Electronics Inc. (2324) jumped 6.9 percent after Macquarie Group Ltd. said earnings for the Taiwanese computer maker will improve. China Everbright Ltd. soared 15 percent in Hong Kong on government plans to revamp the ownership of pare

Global Pressure Mounts on Israel to End Gaza Fighting

Posted by Forexsq 51 days ago (
img International pressure mounted on Israel to end its three-week offensive in the Hamas-controlled Gaza Strip, with President Barack Obama and the United Nations Security Council demanding an immediate truce.

Israel reduced the scope of its military offensive today, saying it wouldn’t initiate strikes, though it responded to rocket and mortar fire that persisted after a Hamas truce offer yesterd

Clinton Earns $12 Million Speaking, Writing After Service

Posted by Forexsq 57 days ago (
img Hillary Clinton has earned at least $12 million in 16 months since leaving the State Department, a windfall at odds with her party’s call to shrink the gap between the rich and the poor.

Clinton’s income since her resignation as secretary of state in February 2013 is derived mostly from her latest memoir, speeches and paid appearances at corporate retreats, according to an analysis of data com

Yellen Wage Gauges Blurred by Boomer-Millennial Shift

Posted by Forexsq 58 days ago (
img Federal Reserve Chair Janet Yellen’s focus on wages to help gauge the strength of the job market could need fine tuning as baby boomers approach the twilight of their careers and millennials jump in to fill the void.

As today’s middle-aged Americans grow older, they are leaving their prime working years behind, trading big salaries for part-time gigs or retirement, just as an even larger group

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