As investors bet that the Saudi government’s belated payments to contractors would help spur more gains, the Saudi Arabian stocks entered the bull market and extended their winning streak to six days. Taking its rally this week to 7.7 percent,… Read More ›
The pound is an unexpected beneficiary due to investors’ concern about political shifts outside Britain. Since last Friday, Sterling has climbed against all of its 31 major peers. Global markets were thrown into turmoil as traders reappraised populist movements and… Read More ›
Wanting to break away from its past image, Valeant has hired a new CEO, has revamped its board of directors, and is looking forward to settling its debt. William Ackman told CNBC that Valeant Pharmaceuticals International Plc, is likely to… Read More ›
According to a feasibility study, if Hyperloop One were to connect Stockholm with Helsinki, the trip would take roughly 30 minutes. Using current transport systems you will have to take a ferry overnight through the Baltic. Hyperloop One’s founders have… Read More ›
Analysts expect the event to rack up $20 billion in sales this year, up from $14 billion last year. Chinese e-commerce giant, Alibaba Group Holding Ltd has made the stunning disclosure that it racked up more than $5 billion in… Read More ›
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