Amazon.com Inc is facing a tough phase in the recent times amid disappointing quarterly results for more than a year now. The patience of its investors is also on test and the threat of break down is looming large.
TOKYO (Reuters) - Asian stocks shrugged off a drop in Wall Street and hovered near three-year highs on Monday, with China taking the lead after data showed a robust jump in profits earned by industrial firms in the world's second-largest economy.
(Reuters) - JPMorgan Chase & Co (JPM.N) executives have faced regulators' questions on whether private bank advisors guide clients to buy the firm's own financial products, according to a report in the Wall Street Journal.
Ex-pat Kiwi Greg Foran has been named as head of Wal-Mart's US division. The famous son of the New Zealander taking the helm at retail giant Walmart says his dad was always driven to succeed, and instilled those values in his kids.
Bank of Communications Co. jumped as much as 9.9 percent in Shanghai after Reuters reported that the lender wants to sell more stakes to private investors as part of China's economic restructuring.