Alibaba Reports Slower Growth as US-China Trade War Intensifies

Alibaba Reports Slower Growth as US-China Trade War Intensifies

One of the world’s leading internet giants appears to be feeling the effects of China’s economic slowdown and the trade war with the United States. The Alibaba Group, China’s largest e-commerce company, said on Wednesday that revenue increased by 51 …
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Crypto Markets See Record Day As Bitcoin Crosses $8300: What Does This Imply?

Bears have seemingly thrown in the towel. In the past six weeks, Bitcoin (BTC) has rallied by nearly 100%, moving from $4,200 to $8,300, as of the time of writing this. And while some have been stating that this move seems entirely artificial, caused a result of …
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Autonomy's Ex-CFO Gets Five Years For Accounting Fraud

The former CFO of Autonomy has been sentenced to five years in prison for accounting fraud. Sushovan Hussain was convicted on 16 counts of wire
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New Vodafone boss tackles debt burden with dividend cut

LONDON (Reuters) – The new boss of Vodafone cut the mobile operator’s dividend for the first time, securing the firepower it needs to build 5G networks and complete its acquisition of Liberty Global assets. FILE PHOTO: The headquarters of Vodafone …
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Woolworths launches online super sale, opening new front in price war

Woolworths has slashed the prices of more than 1000 products by as much as 50 per cent in an online super sale, opening a new front in the supermarket wars. The two-day sale is aimed at reprising the success of Woolworths’ online-only frozen food sale in …
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