13 May, 2014 by The TZ Newswire Staff Comments Off on Fighting fakes: ahead of U.S. IPO, Alibaba takes a tougher line
Fighting fakes: ahead of U.S. IPO, Alibaba takes a tougher line
BEIJING/SAN FRANCISCO (Reuters) – Alibaba is taking a tougher line against counterfeit items sold on its online marketplaces as the Chinese e-commerce giant heads towards a U.S. stock listing that could be the world’s biggest technology company IPO. Some security experts say the Chinese group’s stricter standards on piracy and fake goods may even surpass those of Amazon.com Inc and eBay Inc. In its IPO filing last week, Alibaba Group Holding Ltd said the perception that its sites are cluttered with counterfeit items could hurt its ability to win over customers, investors and U.S.
13 May, 2014 by The TZ Newswire Staff Comments Off on Can Car Insurance Really Help Wal-Mart?
Can Car Insurance Really Help Wal-Mart?
Wal-Mart has finally beaten Amazon.com to the punch in online retail by adding auto insurance policies to its web offerings.
13 May, 2014 by The TZ Newswire Staff Comments Off on EUR Slides To 1.37 On ECB June Action Jawboning, Bundesbank Edition
EUR Slides To 1.37 On ECB June Action Jawboning, Bundesbank Edition
Just in case the EURUSD didn’t price in enough of the possibility of a June ECB rate cut (because with even Goldman saying no, there is zero chance Draghi will engage in QE) disclosed last week when Mario Draghi broke the ECB’s cardinal rule and gave a hint at what is coming next month, an hour ago the WSJ, citing a “person familiar” and we would add likely person who also happens to be short the EURUSD, helped double down on the end of forward guidance (since going forward mark