Shanghai Alliance Pushes for Reform

The biggest monthly gain for Chinese stocks in two years is poised to falter should the nation’s new leaders fail to push ahead with reform of state-owned companies, according to the Shanghai government’s investment arm.

Microsoft May Cut 1,850 Jobs
15:41 - Microsoft will cut as many as 1,850 jobs and take a new impairment charge as CEO Satya Nadella pares back the company’s ambitions in smartphones. Bloomberg's Selina Wang reports on "Bloomberg ‹GO›." (Source: Bloomberg)
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