Alibaba reports higher revenue than expected

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Source: Dukascopy Bank SA
China's e-commerce giant Alibaba beat Q4 revenue forecasts with 51% increase to $13.6B in the reported period, owing to growth in the core business and cloud computing services, sending shares up 1.7%.
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Wed, 15 May 2019 18:08:15 GMT

Russia to restart oil exports via Druzhba

Exports of clean Russia's oil via the Druzhba pipeline, which were interrupted due to contamination, are expected to be fully restored later this months or in early June, Russian Energy Minister stated.

Wed, 15 May 2019 17:31:47 GMT

Ford recalls 273K cars in North America

Ford Motor was recalling nearly 273K Ranger pickup trucks and Ford Fusion cars in North America, which could roll away, if the gear is not in parking mode, the automaker stated.

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