Last night Twitter reported numbers that came in ahead of Street expectations on some fronts and not so on others. The company reported that in the quarter average monthly users were at 304 million, up only 2 million sequentially.
LONDON European equities advanced on Wednesday, spurred by strong corporate earnings and gains in U.S. and Asian markets on hopes that Beijing could stem the rout in its markets without damage to the world's second biggest economy.
LONDON, July 29 Barclays needs to cut back in countries where it lacks scale or strength and must cut bureaucracy to deliver on plans to turn the British bank around, its new chairman said on Wednesday.
BEIJING, July 29 China's Alibaba Group Holding Ltd said on Wednesday it would invest $1 billion in the next three years into its Aliyun cloud computing arm to challenge Amazon.
Solvay, the Belgian chemicals group, is to buy US rival Cytec in a $6.4bn deal that will create the second-biggest company in the market for the composite materials used in aeroplanes.