Money Times

Alibaba Group may acquire SCMP group

Chinese e-commerce major Alibaba Group is planning to make yet another investment plan for the media segment. The Chinese media reports reveal that Alibaba may acquire SCMP Group, which runs China Daily.

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Russian GDP shrinks 4.1% in Q3; fall rate eases

The Russian economy slipped 4.1 percent during the third quarter as against the drop of 4.6 percent in the second quarter. The consecutive third quarter of contraction signals recessionary situation in the Russian economy.

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Charles Smith’s Urban Winery launches in Seattle

Charles Smith has touched down the ground in Georgetown with the opening of Charles Smith Wines Jet City. The new Urban Winery is now considered as the largest urban winery on the west coast.

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Cisco And Ericsson Join Hands To Create Networks Of Future

Cisco and Ericsson on Monday reported a tremendous new partnership that they believe will bring in $1 billion for each company by 2018. Cisco is considered a pioneer in things that are associated to PC networking and is especially strong in selling its gear to market corporations and Government too.

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Eiffel Tower and Other Famous Tourist Attractions Closed Until Further Notice After Paris Attack

Eiffel Tower is closed for an indefinite period of time after the bloody Paris attack on Friday, Nov.13 that killed at least 129 people. The announcement was made by the operator on Saturday.

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China to drop down its copper imports following weak domestic demand

China to face decline in copper imports for the next year as the response of its weak domestic demand on copper driven by slowing economy in the country. China released weaker than expected economic data that raised serious concerns over the country's future demand for industrial metal.

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US and European Stock Slid After Paris Attack; Market Shows Growing Resilience

After a Paris devastating terror attack by Islamic State on Friday night, global market reacted to the event. US and European stock slid slightly, and so are markets in other parts of the world. However, global market resilience have increased to show their strength against terrrorism.

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French financial markets wary of terror attack aftershock

Analysts are expecting some sell-off in the stock market today as investors are expected to be cautious after the Paris attack. However, the market seems to be resilient from the attack especially the French market as investors seem to refuse to panic despite the attack.

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Twitter's Direct Message To Control Botnet The Comfortable And Effective Way

Turns out Twitter's extension of Direct Message passed 140 characters accidentally gives botnet administrators a stealthy and streamlined approach to control their bots.

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Google announced new updates on Local Guides program in Google Maps

Google announced that its expanding the Local Guide program in Google Maps with new updates on its integrated rewards program. The Local Guides feature encourages and rewards users to provide information on area business, including reviews, photos, and other details.

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Starbucks offers new perks to military veterans

In honor of Veterans' Day and in extending gratitude to military veterans Starbucks announced that it is offering free tuition to spouse or one child of an employee-veteran working at Starbucks.

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How to Create Prosperous Business Presentation in 6 Easy Ways

Business presentations can be a nervy experience. Developing your confidence and capability to provide good presentations and standing up in front of an audience and speaking well, are colossally helpful competencies for self-development and social situations.

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Uber signs multi-year digital mapping deal with TomTom

Uber Technologies Inc. announced that it has signed a global multi-year deal with the Dutch company TomTom to provide maps and traffic data to Uber for use in its navigation for Uber drivers.

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UK Sold Northern Rock Mortgages To US Worth £13bn

The Treasury has sold worth of 13 billion British pounds of Northern Rock mortgages to a US private venture firm in what is thought to be the greatest ever budgetary source deal by the European government.

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Major oil firms have biggest war chests for takeovers

The continuous oil price fall is one side of the coin. The other side is showing rosy picture as six major oil companies have more than enough funds to snap up competitors. It's estimated that world's top six listed oil companies have over $0.5 trillion in stocks and cash enough to fund takeovers plans. ExxonMobil lead the pack, while Chevron, BP Plc, Shell, ConocoPhillips and Total are in the top-six positions.

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