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Snapchat share price soars on market debut

The firm's valuation of $30 billion is the biggest record for a US tech company since Facebook in 2012.

Mar 03, 2017 8:28 AM EST


Oil prices forecast $50 to $70 per barrel through 2022, report says

Overall, demand is set to outpace supply on average over the forecast period. Oil prices are expected to average $50 to $70 per barrel until 2022 according to a recent forecast by Bank of America Merrill Lynch.

Mar 02, 2017 10:58 AM EST


Tiffany & Co. CEO steps down, new directors appointed to accelerate business strategies

The company shake-up comes after Tiffany's disappointing financial results. Jewelry retailer Tiffany & Co. 's chief executive officer, Frederic Cumenal, has stepped down on Feb.

Mar 02, 2017 9:19 AM EST


Qantas posts decline in net profits

The results indicate Qantas' strong performance in a mixed international market amidst its strategy and ongoing transformation while investing for customers.

Mar 01, 2017 9:02 AM EST


Tesco plans to remove 1,700 managerial jobs

The deputy managers will be replaced by shift leaders as part of a program of transformation in order to improve the customers' shopping experience.

Mar 01, 2017 9:02 AM EST


Alibaba seeks tougher penalties for purveyors of counterfeit goods

E-commerce giant seeks tougher laws, stricter enforment and heavier penalties against retailers or vendors of counterfeit goods in China.

Mar 01, 2017 1:21 AM EST


Asian shares rise ahead of Trump speech

Asian shares up, strengthened by gains on Wall Street as investors await President Donald Trump speech.

Feb 28, 2017 1:54 AM EST


Nordstrom’s Quarterly Earnings Beat Expectations

US upscale department store chain posts growth in fourth quarter earnings exceeding analysts' expectations.

Feb 23, 2017 9:09 PM EST


Australia's TerryWhite Chemmart Posts Strong Half-Year Earnings

Australian pharmacy group, TerryWhite Chemmart, doubles revenue following the merger. Australian pharmacy group Terry White Group, which is now trading as TerryWhite Chemmart, has doubled its half year revenue from $16.

Feb 22, 2017 12:11 AM EST


Lenovo Third Quarter Profits Plummet

Tech company Lenovo posts a drop in its third quarter profits as it faced "sizeable" challenges in its business.

Feb 19, 2017 9:11 PM EST


Retail Spending in UK Rises Slightly in January

UK retail spending sees 1.5 percent growth year-on-year in January 2017 compared with January 2016. Retail spending in the UK saw a 1. 5 percent growth year-on-year in January 2017 compared with January 2016, the lowest growth the sector has had since November 2013, according to the latest official figures of the Office of National Statistics (ONS).

Feb 19, 2017 8:12 PM EST


CBS Corp Posts 45.6 Percent Drop In Quarterly Profit

Mass media company, CBS Corporation, posts quarterly profit decrease. Mass media company, CBS Corporation, posted a 46. 5 percent decrease in quarterly profit, hurt mainly by a one-time pension settlement charge in the fourth quarter of 2016.

Feb 15, 2017 9:11 PM EST


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