- Mukesh Buch
- 08 Jul, 2015
- New York City
Sensex in Mumbai declined following an Asia-wide sell-off after the Shanghai index plunged 7%. NMDC plans to establish three-million-tons-a- year steel plant in Karnataka. Saavn to raise $100 million as the music streaming service ramps up marketing.
- Nichole Harper
- 07 Jul, 2015
- New York City
Crude oil, natural gas, coal and copper trade at 2015-low after Chinese stocks extended losses in the third week. The ongoing turmoil in the euro zone also weighed on the world market sentiment. Asian investors worry that European bias is propping up the euro.
- Mukesh Buch
- 07 Jul, 2015
- New York City
Advanced Micro Devices tumbled on weak revenues outlook. Schulman net swung to a loss and lowered earnings forecast. Euronet agreed to acquire XE. Horizon Pharma propose to acquire Depomed for $3 billion.
- Mukesh Buch
- 07 Jul, 2015
- New York City
Reliance plans to sell 3.1% stake in Network18. IRB Infra won an order worth ₹2,650 crore or $400 million from the National Highways Authority of India. Sterlite Tech secured an order of $1.1 in defence sector.
- Hiruki Nakamura
- 07 Jul, 2015
- New York City
Nikkei average rebounded a day after Greek historic no vote as investors focused on domestic and regional economic news. Seven & I forecasted net sales in first-half to jump 5%. Dentsu gained after reporting better-than-expected sales in June.
- Marcus Jacob
- 07 Jul, 2015
- New York City
Reserve Bank of Australia left its reference rate unchanged and offered a slightly optimistic outlook for the economy but also highlighted elevated home prices especially in large cities.
- Nigel Thomas
- 07 Jul, 2015
- New York City
Axel Springer and ProSiebenSat.1 AG are in merger talks. 3i Infrastructure and AMP agreed to acquire 50% stake in the Denmark-based ESVAGT for
- Nichole Harper
- 06 Jul, 2015
- New York City
World markets declined for the second day as crisis in Greece deepened and euro zone leaders set off another round of negotiations ahead of summit tomorrow. The historic Greek no-vote has complicated already chaotic negotiations with no clear path in resolving crisis in Greece.
- Mukesh Buch
- 06 Jul, 2015
- New York City
Aetna agreed to acquire Humana for $37 billion as consolidation in health insurance market accelerates. Allergan agreed to acquire Oculeve for $125 million. Philip Morris may sell stake of $1 billion in Indonesia-based unit. Whirlpool completed acquisition of American Dryer.
- Hiruki Nakamura
- 06 Jul, 2015
- New York City
Nikkei in Tokyo and market indexes in Asia dropped after Greece rejected terms set by international lenders in a referendum. Finance minister resigned and Greece prepared to negotiate with lenders with leaders in the euro zone sending mixed signals.
- Marcus Jacob
- 06 Jul, 2015
- New York City
Australian market indexes declined more than 1% for the second day in a row and oil prices eased after Greece rejected bailout terms set by international lenders. AGL Energy said it plans to focus on core business and sell-off assets and take a restructuring charge.
- Nigel Thomas
- 06 Jul, 2015
- New York City
EasyJet passenger traffic in June climbed 7.6% and load factor edged up. Rolls-Royce plunged 7% on lowered operating profit forecast. Bovis Homes sales increased 3%. Marshalls revenues climbed 11% to
- Mukesh Buch
- 06 Jul, 2015
- New York City
Markets in India ignore the growing uncertainty and confusion in the euro zone after Greece rejected bailout terms in a referendum held on Sunday. Videocon plans to invest $2.5 bn in oil and gas ventures in Brazil. Kotak Mahindra said foreign investment limit in the bank was rose to 55% from 49%.
- 123jump.com Staff
- 04 Jul, 2015
- New York City
U.S. payrolls expanded 223,000 in May and jobless rate fell to 5.3%. New orders for manufactured goods in May eased 1%. In the euro area wholesale inflation was stable. Monetary base in Japan continued to rise at a fast pace and investors worried about volatile markets in Shanghai.
- Nichole Harper
- 02 Jul, 2015
- New York City
U.S. payrolls expanded 223,000 in May and jobless rate fell to 5.3%. New orders for manufactured goods in May eased 1%. In the euro area wholesale inflation was stable. Monetary base in Japan continued to rise at a fast pace and investors worried about volatile markets in Shanghai.