Yahoo! announced closure of the deal on sales of the company’s main business to Verizon Communications. The company will be renamed Altaba Inc. on June, 16. Since June 19, the company's shares will be traded on the Nasdaq exchange. Yahoo! Director Marissa Mayer will leave the post, having received...

A new report from JPMorgan suggests that the traditional stock picker is being in the dust and now dominating the equity markets are quantitative investing based on computer formulas and trading by machines directly.   "While fundamental narratives explaining the price action abound, the...

Wonderbox is the French-leader on gift-box market, Its CEO, Fabrice Lépine, explains to the Daily Management Review how the company intends to make luxury accessible on its particular market segment.

Deutsche Bank’s fine for manipulating the interbank rate will be higher than that of its competitors, Barclays and HSBC. As German business edition Handelsblatt writes, the German bank will have to pay $ 170 million for the scandal with Euribor. This money will go to settle the lawsuit of investors...

Was the dip in tech stocks the start of a significant reversal for the high-flying group or was the Friday drop a one-day aberration is the big question remains after that incidentgn at the stick market.   Closing the day with a loss of 2.4 percent, the Nasdaq 100 fell powerfully...

As the second-largest U.S. ride-hailing company tries to capitalize on missteps by Uber Technologies Inc., Lyft Inc. is expanding its roster of automotive partners.   Jaguar Land Rover said that it will offer vehicles for rent to the San Francisco-based startup’s drivers and it is...

Expecting to capitalize on the Trump administration's emphasis on "fighting Jihadism" is Israeli-American solar power generation company Energiya Global. Half of his company's projected pipeline of some 1500 Megawatt of solar power in Africa over the next five years, is in places "where the U.S....

Adding to Japan's SoftBank Group Corp’s growing artificial intelligence portfolio would be two firms that build walking robots from Alphabet Inc, which would be bought by a unit of the company, it announced on Friday.   Boston Dynamics and Tokyo-based Schaft, which design and manufacture...

Capital of Jack Ma, the founder of the Internet company Alibaba, grew by $ 2.8 billion in just one day against the background of the company's sales forecasts, reports Bloomberg. Shares of Chinese Internet giant Alibaba Group Holding jumped by 13% on Thursday on a strong revenue forecast. Thus, the...