Finance News

Alibaba Group Holding Ltd. Looks To Outperform eBay Inc., Amazon.com, Inc. In Russia

Alibaba Group Holding Ltd. Looks To Outperform eBay Inc., Amazon.com, Inc. In Russia

Alibaba Group Holding Ltd. (NYSE:BABA), currently the leader in the Chinese e-commerce market, is still looking for different avenues for growth. The company is planning to expand its operations into a new location and serve its newest group of consumers, the Russians. Alibaba’s general manager, Mark Zavadskiy said: “E-commerce truly […]

Lloyds Banking Group PLC (ADR) (NYSE:LYG) Fined ?117 million Over PPI

Lloyds Banking Group PLC (ADR) (NYSE:LYG) Fined ?117 million Over PPI

Llyods has been fined by British regulators for not handling its payment protection insurance sales properly British regulators have imposed a ?117 million ($180 million) fine on Lloyds Banking Group. The allegations concern the handling of customer complaints related to a loan insurance product. As a result, Lloyds has decided […]

Alibaba Group Holding Ltd Buckles To Regulatory Pressure; Submits New Application To Invest In Taiwan

Alibaba Group Holding Ltd Buckles To Regulatory Pressure; Submits New Application To Invest In Taiwan

Alibaba has complied with the Taiwanese regulator?s demand to put in a new application, in order to continue operating in the region Alibaba Group Holding Ltd (NYSE:BABA) has submitted yet another application to invest in Taiwan under the rules for mainland-backed companies. Chinese investments in the region are scrutinized harshly, […]

Vodafone Group Plc Said To Be In Talks With Liberty Global For A Possible Merger

Vodafone Group Plc Said To Be In Talks With Liberty Global For A Possible Merger

Vodafone and Liberty Global are reportedly engaged in merger talks, according to Bloomberg Vodafone Group Plc. (ADR) (NASDAQ:VOD) and Liberty Global Plc. (NASDAQ:LBTYA) might be considering a merger, among other transactions, Bloomberg reports, citing people close to the matter. Rumors of such a deal have been in the works since […]

Sprint Corp Brings Monthly Rolling Data For Prepaid Customers; Launches BoostTV Service

Sprint Corp Brings Monthly Rolling Data For Prepaid Customers; Launches BoostTV Service

Sprint Corp (NYSE:S) has lately been putting in endless efforts to improve its network performance and bring enticing promotions and economical service plans to attract more subscribers to its network. The third-largest US wireless network operator on Tuesday introduced its Monthly Rolling Data program for its prepaid customers, which allows […]