Google’s aggressive push into cloud computing, where it trailsAmazon.com and Microsoft, has put the internet giant in the lead position to land a marquee client: PayPal. While Google is the front-runner, according to people familiar with the matter, PayPal is evaluating the other leading providers and hasn’t made any final ... Read More »

Florian Hense, economist at Berbenberg, says low eurozone inflation of 0.2% in August is concerning for the European Central Bank: August, just like the first seven months, does not provide much evidence for a material shift in price dynamics. This remains an ongoing source of concern for the ECB. But ... Read More »

Snapping the six-session long gaining spree, the S&P BSE Sensex was trading over 150 points lower, while broader CNX Nifty was ruling below its key 7,450-mark. The headline indices traded flat even as Asian stocks edged up after New Zealand surprised markets with a rate cut, keeping investors primed for ... Read More »