Stories about Finance

Feb 03 2016

Google poised to overtake Apple as world's most valuable firm

Alphabet will officially overtake Apple in market value if both companies' shares open around current levels on Tuesday. The better-than-expected quarter sent Alph...

Feb 03 2016

Economists sceptical as Bank of Japan surprises with negative interest rates

Where each depositor falls will be determined by its outstanding balance. Though still unclear whether this policy to charge banks for holding cash is effective, the Ba...

Feb 03 2016

Apple iPhone sales expected to have slowed

With the growth slowing in iPhone sales, analysts expect sales of units of the smartphone to enter negative territory for just the first time later in 2016 due in part ...

Feb 03 2016

Oil Extends Gain From Three-Week High as Russia Flags OPEC Talks

Vladimir Averchev, a market analyst and former director with BP's offices in Russian Federation, told state-run media any talks of an agreement to cut output was welcom...

Feb 03 2016

Alibaba 3Q net income jumps on strong holiday season

The company reported $0.98 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.81 by $4.83. Net income attributable to shareholders reached...