Business

New York planning a reality check for virtual currencies

By Douwe Miedema and Karen Freifeld WASHINGTON/NEW YORK Tue Feb 11, 2014 6:32pm EST (Reuters) - New York's financial regulator…

Alibaba to launch U.S. e-commerce website

(Reuters) - Alibaba Group Holding Ltd is set to launch a U.S. e-commerce website through its subsidiaries Vendio and Auctiva,…

Barclays to cut 12,000 jobs, pays bigger bonuses

(Reuters) - Barclays said it would axe up to 12,000 jobs this year even as it raised bonuses for investment…

Yellen says Fed on track to keep trimming stimulus

(Reuters) - Federal Reserve Chair Janet Yellen said on Tuesday the U.S. central bank was on track to keep reducing…

Flappy Bird creator says popular game will fly no more

(Reuters) - The developer of Flappy Bird, currently the most popular free mobile game on Apple App Store and Google's…

Nestle looking at options to reduce L’Oreal stake: Bloomberg

ZURICH Sat Feb 8, 2014 12:10pm EST (Reuters) - Nestle, the world's biggest food company, is looking at ways to…

Will U.S. stock buyers beat back the bear?

By Angela Moon NEW YORK Fri Feb 7, 2014 7:58pm EST (Reuters) - After the S&P 500's first weekly gain…

Asian shares gain on hopes for U.S. jobs growth

(Reuters) - Asian shares regained a measure of stability on Friday, stepping further away from five-month lows after a strong…

Philippine stock market extends gains

MANILA, Feb. 6 (PNA) -- The Philippine stock market finished slightly higher along with other Asian bourses, extending its gains…

Disney profit beats forecasts with ESPN, ‘Frozen’

(Reuters) - Media company Walt Disney Co reported higher profit for the quarter that ended in December, beating Wall Street…

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