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Blackrock Posts 22 Percent Increase In Quarterly Profits

BlackRock reports 20% decline in Q1 net income

BlackRock on Thursday announced a 20% fall in its earnings for the first quarter that ended March 31, 2016. The company registered a restructuring cost of $76 million in the current period with regard to its organization simplifying plan.

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Hong Kong Exchanges And Clearing Ltd. Chief Executive Officer Charles Li Presents Full-Year Results

China and Hong Kong Indexes Retracted Following Latest Economic Data

China's stock market slipped on Friday, as the country reported the economic growth is in accordance with analysts prediction. While investors expected a stronger result.

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A Wall Street sign hangs near the New York Stock Exchange in

Financial Sector Led Rally in Wall Street as Global Stocks Peaked to Highest Level

Wall Streel indexes continued to stay in positive territory as financial sector was catching up. Global stock market responded and climbing to the highest level in 2016.

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Justice department seal hanging on wall.

The U.S. Justice Department Sued ValueAct for Violating Disclosure Rule

Department of Justice filed lawsuit against ValueAct Capital last week, related to Halliburton and Baker Hughes merger. Meanwhile, ValueAct on Monday claimed no wrongdoing and will defend its position.

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World Bank And IMF Leaders Address Press During Annual Spring Meetings

IMF and World Bank Started Annual Spring Meeting To Discuss Global Economy

Leaders of the world's economy began their regular meeting on Thursday discussing necessary steps to boost growth and consumption. While G20 also held a meeting with similar agenda.

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Key Speakers At The Bloomberg Argentina Summit

The U.S. Court Allowed Argentina to Sell Bonds in Global Market

The U.S. Court of Appeals on Wednesday cleared Argentina to sell $15 billion bonds in the market. The country expects to issue the bonds within this week.

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Chicago Hosts Annual Auto Show

GM Recycles Water Bottles for Its SUV Insulation Part

GM is using its recycled water bottles to build an insulation part for its Chevrolet Equinox engine. The effort is a part of the company’s initiative to achieve zero waste.

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Newest Innovations In Consumer Technology On Display At 2015 International CES

GoPro Launches a Program That Enable Companies to Integrate With Its Cameras, Including Cars, Toys, and More

GoPro launched its developer program, calling for companies and manufacturers to integrate their own products or services with GoPro. Under the program, third-party companies can now create apps, accessories, and mounts for GoPro’s products.

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COLOMBIA-HEALTH-CANNABIS-COCA

Medical Marijuana Passes Pennsylvania Bill, Ohio Might Be Next

Medical marijuana will be legalized after Gov. Wolf signs the bill on Sunday after the 149-46 vote in favor of marijuana legalization. However, it will take about two years before sufferers of acute ailment can get advantage of the benefits because of the several processes including regulatory and growing process.

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Logo and mascot 'Ali cattle' in the headquarter of Alibaba...

Alibaba Gets $1 Billion Stake Investment In Lazada

Alibaba is about to acquire Singaporean start-up Lazada for about $1 billion that was established by the German technology Rocket Internet. Existing shareholders including Tesco, AB Kinnevik and Rocket Internet will sell a portion of their shares to Alibaba.

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High End Data Cables Feed Into Servers

EU Privacy Regulators Request Changes in EU-US Data Transfer Agreement

WP29 on Wednesday was calling for changes in the commercial data transfer agreement between US and EU. The agency said it does not provide enough protection for privacy for European users.

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JAPAN-AUTO-RECALL-HONDA-TAKATA

Regulators Said Takata Still Need To Recall 85 Million Airbags

US safety regulator announced Wednesday that Takata still need to recall its defective airbags. NHTSA said unless Takata proved them to be safe, all remaining airbags in US vehicles must be recalled eventually.

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Reactions To FTSE 100 Index Stocks Rebounding After Falling Into A Bear Market

London and European Stock Market Rallied Following Surge of China's Export

London's FTSE 100 rose on Wednesday to reach record high. European shares continued its rally led by mining stocks as China reported increase of export.

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Cellcom Israel Ltd. Mobile Phone Store

Israel Antitrust Authority Opposed Acquisition of Golan Telecom

Cellcom Israel Ltd on Tuesday announced that regulators opposed its merger plan with Golan. However, Antitrust Authority will invite the companies representative to discuss the deal before making final decision.

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USA New York - headquarters of JPMorgan Chase & Co

Five Large US Banks Do Not Have Sufficient Plan for Crisis Due to Lack of Information

GAO suggested financial regulators to disclose more information on their crisis policy framework. While five large banks do not have enough plan to manage operation during crisis.

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