Mood of "cautious optimism" on world economy reigns at Davos
The leaders of the world economy expressed cautious optimism over the prospects for the global economy this year as the Davos forum wrapped up on Saturday.
The leaders of the world economy expressed cautious optimism over the prospects for the global economy this year as the Davos forum wrapped up on Saturday.
Walmart will lay off about 2,300 workers at its Sam's Club warehouse unit, The Wall Street Journal said on Friday, the latest in a string of job losses at US retailers.
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Apple is considering launching a mobile-payments service for its iPhone and iPad, which would compete with major players such as PayPal, The Wall Street Journal said.
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Moody's held its French credit rating at Aa1 but maintained a negative outlook, days after President Francois Hollande announced a batch of business-friendly measures to fire up growth.
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Argentina's peso has stabilised after plunging 14 percent in panic-selling over two days, helped by the government's removal of some exchange controls and the central bank's reported resumption of intervention.
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Google apologised after the Internet giant's widely used free email and an array of other services were disrupted by apparent software woes.
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