global

Ant Financial Valued at $150 Billion After Raising $14 Billion to Accelerate Globalization

Ant Financial Valued at $150 Billion After Raising $14 Billion to Accelerate Globalization

The operator of Alipay, China’s biggest online payment platform, Ant Financial Services Group, owned by Alibaba Group Holding Ltd (NYSE: BABA), said that they have raised about $14 billion from domestic and international investors in Series C ..

Spotify Forecasts Strong 2018 Year Ahead of IPO Launch

Spotify Forecasts Strong 2018 Year Ahead of IPO Launch

Spotify Technologies SA (NYSE: SPOT) forecast a strong fiscal year growth as its initial public offering launching approaches. The music streaming service will go public next week April 3 and will list itself on the New York Stock Exchange under the..

Microsoft opens data centers in Switzerland and Middle East

Microsoft opens data centers in Switzerland and Middle East

Microsoft Corporation (NASDAQ: MSFT) on Wednesday announced that it is planning to open its first data centers in the Middle East and Switzerland, it also plans to expand its cloud services in Germany to meet the growing demand.Microsoft’s fir..

Europe's Stock Markets Jarred by Political Risks

Europe's Stock Markets Jarred by Political Risks

Political analysts are sure about only one factor when it comes to Italy's coming elections: the polls will be affected by uncertainty. Italy now goes to the hustings after Germany went to the polls in September 2017. The Italians will cast thei..

International Stocks Up, Dollar Rebounds

International Stocks Up, Dollar Rebounds

International equity indexes went north on January 16, all set for wide gains. The European shares lighted up the way, taking their direction from positive trading trends in Asia-Pacific region. The US dollar also bounced up from its three year low ..

Apollo Nears Deal to for Fortress’ Equity in OneMain

Apollo Nears Deal to for Fortress’ Equity in OneMain

Apollo Global Management, LLC (NYSE: APO) along with Värde Partners, Inc. announced on Thursday that they have entered into a definitive agreement with Fortress Investment Group LLC to acquire its remaining equity interest in OneMain Holdings I..

Copper Price Rises to 3.5-Year High

Copper Price Rises to 3.5-Year High

Copper prices on Wednesday surged to its highest level since July 2014 after China’s top copper producer was asked to halt production due to pollution issue.Benchmark copper on the London Metal Exchange hit a high of $7,210 a metric ton, its h..