Facebook Inc (O:FB) will invest $300 million over three years in local news globally as it faces blistering criticism over its […]
Tag: global
As world economy stumbles into 2019, eyes turn to China
Ten years after China helped stave off the threat of a global depression with a huge stimulus plan, investors are […]
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 […]
Alibaba signs agreement with Belgium for e-commerce trade hub
Alibaba Group Holding Ltd said on Wednesday it has signed an agreement with the Belgium government to launch an e-commerce […]
Platinum market set for big surpluses in 2018 and 2019: WPIC
The global platinum market will be oversupplied by around half a million ounces both this year and next, an industry […]
Dollar strengthens as Brexit, economic data drags sterling, euro
he U.S. Dollar inched higher versus its main rivals early Friday in New York as U.S. traders returned from the […]
Euro rises on hopes of Italian budget compromise
The euro rose on Wednesday, buoyed by reports that Italy may be open to reviewing its draft budget for 2019, […]
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 […]
Asia’s weakening economies, record supply threaten to create oil glut
Oil traders’ worries over record supplies arriving in Asia just as the outlook for its key growth economies weakens have […]
Euro drifts up but Italy, Brexit talks weigh
The euro drifted up from a 16-month low on Tuesday as a pause in the dollar’s rally prompted some investors […]
