“A very good cost quarter,” is the way Amazon.com Inc CFO Brian Olsavsky conservatively described Amazon’s Q2 2015 results. Operating cash flow increased 69% to $8.98 billion...
The Nigerian economic crisis is getting deeper and there seem to be no succinct plans in sight to curb the continuous degradation of the economy. Nigeria...
Gold rout continues in the Asian trading session and currently trading between the 1071 and 1083 price level, the precious metal reached a new low in...
The number of new applicants filing for unemployment benefits in the U.S dropped to 255,000 beating the projected 279,000 by economists. The figure came out 281,000...
The UK Monetary Policy Committee (MPC) voted to hold current bank rates at 0.5 percent, the minutes show that no member of the MPC voted in...
Apple Inc. Earnings Apple Inc.’s iPhone shipments and revenue missed estimates for the third quarter (3Q). According to the financial statement report released, 47.5 million iPhone...
Toshiba Corp. said it will have to correct earnings by 152 billion yen ($1.2 billion) from more than six years in Japan’s biggest accounting scandal since...
Greek banks reopen today for the first time since being closed on June 29. The central bank said in a statement made available to reporters that...
As far as divorces go, the split-up of eBay and PayPal has been so far a reasonably amicable one. What’s ironic is eBay bought PayPal for...
Google adds $60 billion to its market value today, following the release of its 11 percent 2Q earnings. This is the biggest one-day gain in the...