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 hit a three-year high 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.
HONG KONG: China shares jumped to their highest since December on Monday, as banks surged after reports of the country's fifth-biggest bank by assets planning to seek more private investors, while Hong Kong markets were also pushed higher.
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.
Alan C. �Ace� Greenberg, who as chief executive officer of Bear Stearns Cos. transformed a small bond shop into the fifth-largest U.S.