10 November, 2014 by The TZ Newswire Staff Comments Off on Court jails captain of doomed Korea ferry for 36 years
Court jails captain of doomed Korea ferry for 36 years
A South Korean court found the captain of a ferry that capsized in April guilty of negligence and sentenced him to 36 years in jail.
10 November, 2014 by The TZ Newswire Staff Comments Off on Corrections: Juniper CEO resignation clouded in mystery
Corrections: Juniper CEO resignation clouded in mystery
A November 10 story on MarketWatch incorrectly described the departure of Shaygan Kheradpir from Juniper and the stake held by Elliott Management.
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10 November, 2014 by The TZ Newswire Staff Comments Off on Fears of German recession as moment of truth looms
Fears of German recession as moment of truth looms
Policy makers warn the euro zone’s largest economy could face recession.
10 November, 2014 by The TZ Newswire Staff Comments Off on Alibaba smashes Singles’ Day sales record
Alibaba smashes Singles’ Day sales record
Alibaba’s sales for Singles’ Day surged past last year’s record of around $5.9 billion after just 13 hours of the 24-hour shopping promotion.
10 November, 2014 by The TZ Newswire Staff Comments Off on Japan shares outperform, crude continues drop
Japan shares outperform, crude continues drop
Japanese shares outperformed in Asia on Tuesday, with the Nikkei stock average rising to a 7-year high as speculators snapped up futures and call options as they wagered that Prime Minister Shinzo Abe may postpone a planned sales tax increase.
10 November, 2014 by The TZ Newswire Staff Comments Off on Japan shares outperform, crude continues drop
Japan shares outperform, crude continues drop
Japanese shares outperformed in Asia on Tuesday, with the Nikkei stock average rising to a 7-year high as speculators snapped up futures and call options as they wagered that Prime Minister Shinzo Abe may postpone a planned sales tax increase.
10 November, 2014 by The TZ Newswire Staff Comments Off on Merchants’ margins suffer for Alibaba’s Singles’ Day shopping bonanza
Merchants’ margins suffer for Alibaba’s Singles’ Day shopping bonanza
Fresh from pulling off the world’s largest IPO, China’s Alibaba (BABA.N) is set to impress Wall Street with record sales on Singles’ Day, the year’s biggest online festival, but merchants complain that they bankroll the e-commerce giant’s big day. Alibaba turned the Singles’ Day celebration, Nov. 11, into an online shopping festival in 2009, copyrighting the “Double 11” term three years later after recognizing its commercial potential.