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Alibaba Increases Forecast for Sales Following Strong Results

Alibaba Increases Forecast for Sales Following Strong Results

Alibaba Group Holdings raised its overall outlook for revenue growth for the full year after posting sales that beat Wall Street estimates boosted by advertisers who invested more to lure in shoppers. The biggest e-commerce business... 
Secretary General of OPEC Urges Shale Oil Producers in U.S. to Cap Supply

Secretary General of OPEC Urges Shale Oil Producers in U.S. to Cap Supply

On Tuesday, OPEC Secretary General Mohammed Barkindo called on the shale oil producers in the U.S. to curtain the global supply of oil, warning that extraordinary measures may be necessary in 2018 to sustain the current rebalanced... 
Officials: Saudi Aramco IPO Should Happen in 2018

Officials: Saudi Aramco IPO Should Happen in 2018

The plan for Saudi Aramco to launch its initial public offering during 2018 continues as scheduled, said senior officials in the Gulf Coast kingdom of Saudi Arabia while in Moscow Thursday. Saudi Arabia is gearing up to sign several... 
Ant Financial Pushing to Get U.S. Approval to Buy MoneyGram

Ant Financial Pushing to Get U.S. Approval to Buy MoneyGram

China-based Ant Financial will make a third attempt for approval from the U.S. to acquire MoneyGram International Inc., as road blocks have been put up by a secretive national security group for investors from China looking to buy... 
Those denied US entry under first travel ban can reapply for American visas

Those denied US entry under first travel ban can reapply for American visas

Thanks to a settlement reached in a case that temporarily blocked the executive order that limited entry to the US from a few countries in January, those who were denied US entry can now reapply for American visas. In the brief period... 
US amps Baltic air patrol as Russia gears up for military drills

US amps Baltic air patrol as Russia gears up for military drills

Reports from Lithuania indicate that the US has amp’d up air patrol over Baltic states as Russia gears up for major military drills. According to Lithuania’s defence ministry seven US F-15 fighter jets landed at the country`s... 
Iran mulls boost in defensive missile strength

Iran mulls boost in defensive missile strength

Iran is mulling over options of increasing its defensive missile strength and this is assuming that their enemies will also be strengthening their offensive and defensive capabilities. Iran’s Defense Minister Brigadier General... 
Photo of dog carrying bag of food in Texas goes viral

Photo of dog carrying bag of food in Texas goes viral

Texas has been hit by Harvey – the most powerful hurricane in more than 50 years – leaving many parts of the state in chaos. The hurricane came ashore on Friday near Corpus Christi, about 220 miles (354 km) south of Houston....