XML Market News

This Man's Job: Make Bill Gates Richer

published about 2 hours ago
Secretive money manager Michael Larson has helped make Microsoft co-founder Bill Gates's fortune balloon to $82 billion in last twenty years.

British Pound Rises on Scotland Survey

published about 7 hours ago
The British pound rose against the dollar after a postelection survey of Scottish voters showed them leaning toward staying in the U.K.

Alibaba's IPO Priced at $68 a Share

published about 8 hours ago
Alibaba's shares priced Thursday at $68, at the high end of expectations, in what is one of the world's largest initial public offerings ever.

USAID chief Shah urges more focus on poor countries as Ebola spreads

published about 8 hours ago
USAID chief Shah urges more focus on poor countries as Ebola spreads
By Lesley Wroughton WASHINGTON (Reuters) - The Ebola epidemic ravaging West Africa has exposed a need to help countries by applying public-private partnerships that will foster economic growth rather leave them dependent on aid, the U.S. Agency for International Development chief said on Thursday. Rajiv Shah, the administrator of USAID, said initiatives that bring together government and the private sector will also help achieve United Nations development goals of ending extreme poverty worldwide by 2030. ...

IMF urges labour reform as cuts Italy growth forecast

published about 8 hours ago
IMF urges labour reform as cuts Italy growth forecast
Milan (AFP) - Italy's government must overhaul its labour market to kick-start its economy, which is set to shrink for the third year running in 2014, the International Monetary Fund said on Thursday.