Alibaba reports $9bn in sales on China's Singles' Day

Alibaba reports $9bn in sales on China's Singles' Day

November 12, 2014 - 08:51 AMT  04:51 GMT
"You're seeing the unleashing of the consumption power of the Chinese consumer," said Joe Tsai, Alibaba's executive vice chairman.
Merkel says further economic sanctions against Russia not planned

Merkel says further economic sanctions against Russia not planned

November 12, 2014 - 08:42 AMT  04:42 GMT
Chizov said EU was "close to exhausting its sanctions potential, both in terms of political will and of its own economic opportunities".
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