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Oil Producers Start Year with $100 Billion Wiped out

Oil Producers Start Year with $100 Billion Wiped out

For the first week of 2016, oil prices slumped hitting a low beneath 35 dollars per barrel, which consequentially raised investors’ concerns of it further declining over the upcoming days, and setting back to 30 dollars per barrel. Oil prices are under two pressuring...
Yahoo’s rise in Asia offsets risk from Tumblr bet

Yahoo’s rise in Asia offsets risk from Tumblr bet

San Francisco, Reuters—Yahoo Inc Chief Executive Marissa Mayer’s USD 1.1 billion acquisition of blogging service Tumblr will be a test of her ability to revive the aging Web portal. Luckily for her, her performance may be graded generously. Mayer faces plenty of...