PARIS, Nov 21 (Reuters) - European stocks extended an early rally on Friday morning, led by mining shares after China's central bank cut its benchmark interest rate for the first time in more than two years in an attempt to lift its cooling economy.
During the Christmas shopping season we will see Amazon change prices on as many as 80 million products during a single day. That is amazing since companies like Walmart, Best Buy and Toys �R� Us have already announced that they will not be ...
Chinese e-commerce giant Alibaba raised $8 billion in a bond offering, the Wall Street Journal said. The company announced one week ago that it planned to make the sale, with the intention to repay an $8 billion loan owed to banks.
The Federal Reserve is to launch a major review into whether it is too close to the banks it supervises, after a recent spate of criticism alleging that it is still in thrall to Wall Street's giants.
Gold nudged $1,200 an ounce after the Chinese central bank made a surprise policy move and announced it was cutting its benchmark lending and deposit rates and giving banks more freedom.