SAN FRANCISCO/BOSTON (Reuters) - Alibaba Group Holding Ltd's upcoming public offering will give Yahoo Inc billions of dollars for a potential shopping spree that investors hope will jumpstart its comeback.
FRANKFURT, Germany - The European Central Bank has launched a new stimulus program aimed at getting banks to lend more - but low initial demand for its super-cheap loans shows the difficulty the ECB faces in trying to revive a stalling economy.
LONDON (Reuters) - Lackluster demand for the ECB's new ultra-cheap loans on Thursday boosted bets it will have to overcome reservations about sovereign bond buying, and left markets eyeing the widening policy divergence from the United States.
SEOUL, South Korea (AP) - World stocks were mostly higher Thursday as Scotland voted in an independence referendum that could shake the U.K.
After losing $975 Million in the first half of this year, Sears needs financial aid. In order to sustain the company, Eddie Lambert, the Chairman, CEO, and largest shareholder of Sears Holding, will pump $200 Million into the corporate coffers immediately and an ...