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Twitter earnings beat expectations as revenue grows

Twitter reported a net loss of $125m (£82m) in the fourth-quarter, beating analyst expectations.

 

RadioShack files for bankruptcy; Sprint to take over some stores

Electronics retailer RadioShack Corp filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard G [ … ]

   

European Central Bank toughens its stance on Greece

The European Central Bank (ECB) has toughened its stance with Greece by restricting financing to the country's banks.

   

Oil prices rebound on signs of output cuts

The price of oil rallied on Monday as investors speculated that the falling cost of crude may have ended.

   

Facebook reports strong profits, adding millions of users

Facebook reported fourth-quarter profits of $701m (£462m), a 34% increase on the same period a year ago.

   

Apple posts the biggest quarterly profit in history

US technology giant Apple has reported the biggest quarterly profit ever made by a public company.

   

S&P cuts Russia credit rating to 'junk'

Standard and Poor's stripped Russia of its investment-grade rating on Monday (Jan 26), cutting it to "junk" status with a warning of weak growth.

   

Dollar falls on poor US industrial data

A poor report on US industrial orders put a pause in the dollar's climb against the euro, pushing it back as far as the US$1.14 per-euro line before rebounding slightly.

   

Oil slips below $49 on huge U.S. stock build, firm dollar

Oil slipped below $49 (32 pounds) a barrel on Wednesday after an industry report said U.S. crude stocks rose by the most on record last week, and as a firmer dollar added to pressure on pric [ … ]

   

Got a spare billion? Investment bankers are keen to help

The growing ranks of the super rich and their increased appetite for risk have caught the eye of investment bankers. 

   

Don’t worry about China growth slowdown, Premier Li tells Davos

China will avoid a hard landing and is focused on ensuring long-term medium-to-fast growth, Premier Li Keqiang told global leaders in Davos, after the country reported the slowest expansion [ … ]

   

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