Alibaba Lifts Forecast as New Ventures Bolster E-Commerce

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Alibaba Lifts Forecast as New Ventures Bolster E-Commerce

Alibaba Group Holding Ltd. raised its full-year sales forecast after quarterly results beat estimates, as Chinese spending stays strong and the company
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SAP Takes on More Cloud Customers as It Seeks Smaller Deals

SAP's fourth-quarter sales were 6.7 billion euros, compared with the 6.68 billion-euro average estimate of analysts surveyed by Bloomberg. Non-IFRS
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BT warns of £500m cash hit from Italian accounting breach

BT has warned it expects a £500m hit to cashflow after an investigation discovered accounting errors at the UK telecoms giant's Italian business, which
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Trump's team suspends a mortgage insurance rate cut. Here's what that means

On Friday, the Trump administration suspended a pending rate cut to FHA mortgage insurance that the outgoing Obama administration announced just a week earlier.
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Call to Create Jobs, or Else, Tests Trump's Sway

“We are going to be imposing a very major border tax” on companies that move jobs overseas, President Trump said in a meeting with business leaders.
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