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Finance

A collection of news and information related to Finance published by this site and its partners.

Top Finance Articles

Displaying items 12-22
  • Alibaba surges 38 percent on massive demand in market debut

    Alibaba surges 38 percent on massive demand in market debut
    NEW YORK (Reuters) - Alibaba Group Holding Ltd's shares soared 38 percent in their first day of trading on Friday as investors jumped at the chance for a piece of what is likely to rank as the largest IPO in history, in a massive bet on China's burgeoning...
  • As G20 chases growth goal, members differ on how to get there

    CAIRNS Australia (Reuters) - As the Group of 20 leading economies meet to change no less than the "destiny" of the global economy, members remain divided on how to get there with Germany pushing back at U.S. calls for more government stimulus. Opening...
  • Money and mission: When investments conflict with philanthropy

    The John D. and Catherine T. MacArthur Foundation made headlines around the nation last week for unveiling the latest winners of its "genius" grants. Earlier this month, the Chicago-based philanthropic institution, one of the nation's 10 largest private...
  • Spending, war disputes to dog post-election, lame-duck Congress

    WASHINGTON (Reuters) - The U.S. Congress will face a contentious post-election session in November dominated by a longer-term spending bill and more wrenching questions over President Barack Obama's strategy to defeat Islamic State militants in Iraq and...
  • Export-Import Bank gets reprieve, but supporters remain worried

    The federal Export-Import Bank, which was in danger of shutting down at month's end because of strong conservative opposition, will live on after Congress approved a short-term extension of its charter. But on Friday businesses remained worried that the...
  • Why sheriffs oppose medical pot: Profits, not public safety

    The opposition of the Florida Sheriffs Association to Amendment 2 has more to do with cash than public safety. The sheriffs have become so accustomed to federal anti-drug money and property forfeitures that they resist any change that might someday shut...
  • Merrill Lynch fires brokers for promoting outside hedge fund: source

    NEW YORK (Reuters) - Merrill Lynch fired two veteran brokers from its Private Banking and Investment Group two weeks ago for guiding clients to invest in a hedge fund outside of the brokerage firm. The brokers, Stephen S. Brown and James P. Goetz, were...
  • Acciones de Alibaba suben 38 pct por demanda masiva en debut bursátil

    NUEVA YORK (Reuters) - Las acciones de Alibaba Group Holding Ltd se dispararon el viernes un 38 por ciento en su primer día de cotización en la Bolsa de Nueva York, con inversores deseosos de participar en lo que parece ser la mayor Oferta Pública Inicial...
  • Campaign donations highlight winners, losers in Brazil election

    BRASILIA/SAO PAULO (Reuters) - Brazil's financial markets have rallied on the prospect of environmentalist Marina Silva unseating President Dilma Rousseff in next month's election, but political donations show plenty of companies may be wary of a new...
  • Exclusive: France's Iliad sets mid-Oct deadline for T-Mobile US bid - sources

    LONDON/FRANKFURT (Reuters) - French low-cost telecom operator Iliad has set a mid-October deadline to decide whether to improve its bid for T-Mobile US or walk away as it faces resistance from seller Deutsche Telekom, several people familiar with the...
  • Dollar posts tenth straight week of gains on U.S. rate outlook

    NEW YORK (Reuters) - The dollar gained against a basket of major currencies on Friday, posting its 10th consecutive week of gains, as investors bet U.S. interest rates would rise more quickly than had been expected. Some market participants, however,...