- Mukesh Buch
- 31 Dec, 2014
- New York City
Meadowbrook agreed to be acquired by China-based conglomerate Fosun Intl for $433 million. Under Armour signed a 4-year partnership with Andy Murray for
- Nigel Thomas
- 31 Dec, 2014
- New York City
Market indexes in Germany and U.K. drop more than 2% and indexes in France fell 0.5%. Greece and Italy led the region with a drop of more than 28%. Spain closed higher. Bwin.Party lowered its fiscal revenue guidance and the online gambling site operator is in talks to sell its social gaming business
- Marcus Jacob
- 31 Dec, 2014
- New York City
Australian market indexes gained more than 1% but resource stocks plunged after coal and oil prices suffered worst decline since 2008. For the year, oil declined nearly 50%, and Santos Limited plunged 40%. BHP Billiton lost 22% and Rio Tinto declined 14%.
- Mukesh Buch
- 31 Dec, 2014
- New York City
KEC International secured new contracts worth about Rs 1,412 crore. L&T won contracts worth Rs 2,521 crore. MCFL said Zuari group plans to buy 36.56% stake in the company. NTPC terminated the Barh contract with Russia.
- Hiruki Nakamura
- 30 Dec, 2014
- New York City
Market indexes in Japan closed higher for the third year in a row. Nikkei 225 gained 7.1% and Topix index added 8.1% in 2014. The yen remained weak as the Bank of Japan targeted higher inflation and drove the currency down.
- Marcus Jacob
- 30 Dec, 2014
- New York City
Australian market indexes dropped 1% and the Aussie dollar weakened after crude oil price eased and fell to a new low in the year. CuDeco Limited soared 18% after the copper miner issued production report.
- Nigel Thomas
- 30 Dec, 2014
- New York City
Empyrean Energy profit surged on 32% increase in revenues. Next forecasted profits for the year to increase 1% to
- Mukesh Buch
- 30 Dec, 2014
- New York City
Cabinet in India approved to increase government''s stake to 51% from 47.93% in IFCI. IDBI Bank plans to sell its entire stake in CARE. Oil India established its 5 megawatt solar power plant in Rajasthan.
- Nichole Harper
- 29 Dec, 2014
- New York City
U.S. market indexes extended gains and the benchmark indexes closed at new highs. European markets were under pressure as Greece is heads for snap election.
- Mukesh Buch
- 29 Dec, 2014
- New York City
AMAG Pharma and Takeda Pharma terminate March 2010 license. FLIR Systems secured $27 million contract from the Department of Defense. Manitowoc surged after Carl Icahn acquired 7.77% stake. Walgreen investor voted for remaining stake of Alliance Boots.
- Hiruki Nakamura
- 29 Dec, 2014
- New York City
Stocks in Tokyo reversed earlier gains and closed down after a man was tested positive for Ebola virus. Japan Post confirmed its plan to list on the Tokyo Stock Exchange. International investors increase the exposure to Japanese stocks by the smallest amount in five years.
- Nigel Thomas
- 29 Dec, 2014
- New York City
J D Wetherspoon plans to invest more than
- Marcus Jacob
- 29 Dec, 2014
- New York City
Australian markets reacted positively to the rising world markets on Friday. Australian dollar edged lower following the persistent weakness in oil prices. Infratil Ltd and New Zealand pension fund agreed to acquire RetireAustralia for $640 million.
- Mukesh Buch
- 29 Dec, 2014
- New York City
IOCL plans to acquire land worth about Rs 6,800 crore to expand project in Gujarat. L&T secured a contract for about Rs 894 crore from ONGC. Power Grid Corp approved investments of Rs 6,575 crore in various projects.
- Hiruki Nakamura
- 26 Dec, 2014
- New York City
Inflation index slowed for the fourth month in a row and industrial production fell in November in Japan. Auto production also declined 12% in the month. Sumitomo Mitsui Financial Group agreed to acquire consumer banking business of Citigroup Inc in Japan.