Fed up with Facebook, U.S. fund managers look for alternatives

Concerns about the social media giant’s declining profit margins and battered reputation have prompted 93 U.S. mutual funds to completely […]

Chief at Alibaba video site Youku steps down amid corruption probe

The president of Alibaba Group Holding Ltd’s video streaming service, Youku, has stepped down and is believed to be talking […]

Mexican peso up after airport bond-holder report, U.S.-China trade truce

Mexico’s peso currency gained around 1.3 percent on Sunday in international trading, mostly in Asia, after local media reported there […]

Police spend second day searching Deutsche Bank headquarters

Police searched Deutsche Bank’s headquarters in Frankfurt for a second day on Friday over money laundering allegations linked to the […]

Deutsche searched in money laundering probe over Panama Papers

Around 170 police officers, prosecutors and tax inspectors searched six Deutsche Bank offices in and around Frankfurt on Thursday over […]

China’s soybean crush margins turn negative for first time since August

Soybean crush margins in China have turned negative for the first time since early August, pressured by lower demand for […]

Facebook to pay to train local newspaper reporters in UK

Facebook is donating 4.5 million pounds ($5.8 million) to train journalists in Britain to support communities that have lost local […]

Facebook defends Russia response, updates plan to curb misbehavior

Facebook Inc Chairman and Chief Executive Mark Zuckerberg on Thursday defended his response to Russian election meddling on the world’s […]

These S&P 500 companies increased quarterly sales the most while expanding margins

Some investors with long-term commitments aren’t interested in a company’s performance for only one quarter. Others react, or overreact, to […]

China scours social media, erases thousands of accounts

China’s top cyber authority has scrubbed 9,800 social media accounts of independent news providers deemed to have posted sensational, vulgar […]