Venezuela to restructure foreign debt default looms as possibility Venezuela to restructure foreign debt default looms as possibility: President Nicolas Maduro vowed to make a $1.1 billion payment on a bond maturing on Thursday, but also created a commission to study “restructuring of all future payments” in order to meet […]
Latest Business Updates USA New
Alphabet mobile ad revenue surges shares jump Alphabet mobile ad revenue surges shares jump: The stock was up nearly 3 percent at $1,001.50 after the bell. They have gained 25 percent this year. Third-quarter revenue for Alphabet, the parent company of Google, jumped 24 percent to $27.8 billion, above the […]
China’s PBOC chief sees 7 percent GDP growth in second half stronger than economist forecasts China’s PBOC chief sees 7 percent GDP growth in second half stronger than economist forecasts: China’s economy is expected to grow 7 percent in the second half of this year, the central bank governor said, […]
Wal-Mart sees 40 percent online sales growth next year Wal-Mart Stores Inc (WMT.N) on Tuesday forecast a 40 percent rise in U.S. online sales next year as it ramps up competition with Amazon.com Inc (AMZN.O), boosting shares of world’s biggest brick-and-mortar retailer to the highest in more than two years. […]
