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1 min read

Tencent fires 5.5K workers as sales down for 1st time since going public

Chinese conglomerate Tencent has fired 5,500 employees, after posting a revenue of $19.8 billion in…

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4 mins read

IFRS: The accounting framework that sets the rules for most non-US companies' financial reporting

International Financial Reporting Standards (IFRS) establish how transactions are required to be re…

Katie Oelker   


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1 min read

Chinese Internet giant Tencent reports 28% revenue growth in 2020

Chinese Internet giant Tencent has reported a 28 per cent year-on-year growth in revenue for 2020, …

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1 min read

Bank Of America Earnings Appear To Be Stronger Than Expected, But There's A Lot Of Noise

As previously announced, financial results in the fourth quarter of 2012 were negatively impacted b…

Sam Ro   


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5 mins read

Nokia Pre-Announces Earnings And The Stock Is Going Nuts

Nokia and Nokia Siemens Networks currently estimates that Nokia Siemens Networks net sales in the f…

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6 mins read

Underwriting: The risk-assessment process used in everything from IPOs to life insurance

Underwriting is a process in which an individual or an organization takes on financial risk for a f…

Jim Probasco   


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4 mins read

10 things you need to know before the opening bell

The slide in China's imports produced a record trade surplus. China's trade surplus hit $60.34 bill…

Jonathan Garber