Business & Finance News
(Reuters) – U.S. stock index futures fell briefly after the release of April nonfarm payrolls report, which showed job growth rose less than expected and the unemployment rate fell to a 17-1/2-year low.
WASHINGTON (Reuters) – U.S. job growth increased less than expected in April and the unemployment rate dropped to near a 17-1/2-year low of 3.9 percent as some jobless Americans left the labor force.
BEIJING (Reuters) – Alibaba Group Holding Ltd reported better than expected top line results on Friday, driven by strong sales in its commerce and cloud computing units, even as margins were squeezed by flurry of investments.
WASHINGTON (Reuters) – U.S. job growth increased less than expected in April and the unemployment rate dropped to near a 17-1/2-year low of 3.9 percent as some jobless Americans left the labor force.
(Reuters) – U.S. stock index futures trimmed their losses on Friday after data showed U.S. job growth increased less than expected in April and the unemployment rate dropped to near a 17-1/2-year low of 3.9 percent.
(Reuters) – Tesla Inc Chief Executive Officer Elon Musk defended the snub of two Wall Street analysts on a conference call, proclaiming in a tweet on Friday that they “were trying to justify their Tesla short thesis.”
BEIJING (Reuters) – Top officials from China and the United States reached a consensus on some aspects of the countries’ trade row, but disagreements over other issues remain “relatively big”, China said on Friday.
(Reuters) – U.S. stock index futures were marginally lower on Friday, as caution set in ahead of the April employment report, but were off earlier lows on news that China and the United States had reached a consensus on some aspects of the trade row.
(Reuters) – Tesla Inc Chief Executive Officer Elon Musk defended the snub of two Wall Street analysts on a conference call, proclaiming in a tweet on Friday that they “were trying to justify their Tesla short thesis.”
BEIJING (Reuters) – Alibaba Group Holding Ltd , China’s biggest e-commerce firm, reported a 61 percent increase in fourth-quarter revenue, beating analyst estimates, driven by stronger than expected growth in its core commerce business.
MUMBAI/BENGALURU (Reuters) – Indian e-commerce firm Flipkart’s board is yet to finalize a deal to sell a stake to Walmart Inc, two sources with direct knowledge of the matter said on Friday, adding that a deal could just be days away.
(Reuters) – China’s Alibaba Group Holding Ltd reported a better-than-expected 61 percent rise in fourth-quarter revenue on Friday, driven by steady sales in its core ecommerce and cloud computing businesses. Revenue was 61.9 billion yuan ($9.73 billion) in the reported quarter, compared with the average analyst estimate of 58.9 billion yuan, according to Thomson Reuters I/B/E/S. Net income attributable to shareholders, however, fell 29 percent to 7.56 billion yuan.
BEIJING (Reuters) – China has asked the United States to amend a seven-year ban on American companies selling components and software to Chinese telecom equipment firm ZTE Corp, two sources with knowledge of the matter said on Friday.
BEIJING (Reuters) – Top officials from China and the United States reached a consensus on some aspects of the countries’ trade row, but disagreements over other issues remain “relatively big”, according to China’s Xinhua news agency on Friday.
CHICAGO (Reuters) – Encouraged by a booming demand for construction equipment, Mike Haberman was planning in early February to hire at least 30 more workers for the manufacturing facility of his Gradall Industries in Ohio.
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