- Nichole Harper
- 08 Sep, 2015
- New York City
Wall Street indexes rebounded in a broad rally and the dollar advanced. Crude oil declined and European markets gained more than 1%. Indexes in Japan extended last week loss of 7% and China reported weaker than expected imports data.
- Mukesh Buch
- 08 Sep, 2015
- New York City
GE received regulatory approval to acquire Alstom. Mylan offered $27 billion in cash-and-stock to Perrigo. Strategic Hotels agreed to be acquired by Blackstone Real Estate for $6 billion. Media General agreed to buy Meredith for $2.4 billion. Dover agreed to acquire Tokheim for $473.6 million.
- Nigel Thomas
- 08 Sep, 2015
- New York City
Amlin agreed to be acquired by Mitusi Sumitomo for
- Hiruki Nakamura
- 08 Sep, 2015
- New York City
Nikkei average in Tokyo dropped more than 2% taking the index in the negative zone year to date. Nikkei has plunges nearly 18% from the high in February. Japan said economy in the second quarter shrank less than expected.
- Marcus Jacob
- 08 Sep, 2015
- New York City
Australian market indexes opened higher and the benchmark ASX 200 index soared 1.7%. Late rally in China also supported market advance. The Aussie dollar continued to drift lower. Westpac Banking completed $1.3 billion note offering. Woodside Petroleum offered $11.7 billion for Oil Search.
- Mukesh Buch
- 08 Sep, 2015
- New York City
JSW Energy plans to acquire thermal power project in Madhya Pradesh. Zomato, restaurant information and review site operator raised about $60 million. SpiceJet plans to buy around 100 turboprop aircrafts with list price of $3 billion.
- Nichole Harper
- 07 Sep, 2015
- New York City
Global markets lacked direction and trended lower as crude oil price declined on the rising production from Nigeria and North Sea. Stocks in China resumed the decline after a long weekend and U.S. markets were closed for Labor Day.
- Nigel Thomas
- 07 Sep, 2015
- New York City
Tesco agreed to sell its South Korean retail business to a group led by private-equity firm MBK Partners for
- Hiruki Nakamura
- 07 Sep, 2015
- New York City
Nikkei average in Tokyo closed up in thin trading and the yen gained after stocks in Shanghai fell sharply. Toshiba Corp, the diversified conglomerate embroiled in the accounting scandal reported annual sales in the year ending in March rose 3.3% and swung to a net loss.
- Marcus Jacob
- 07 Sep, 2015
- New York City
Australian indexes closed down and prices of crude oil and gold extended recent losses. Aussie dollar weakened further after traders look for the currency to continue to slide in the next six months. UGL Limited won a 4-year contract to provide a range of services including a tunnel construction.
- Mukesh Buch
- 07 Sep, 2015
- New York City
Reliance Infrastructure signed a naval and commercial services agreement with the U.A.E. based Abu Dhabi Ship Building. SREI Infra plans to sell its stake in Viom Networks. Hathway Cable and NATCO Pharma won RBI approval to sell additional stake to foreign investors.
- Nichole Harper
- 04 Sep, 2015
- New York City
Market indexes on Wall Street declined more than 1.5% as the latest jobs report did little to calm investors. August month nonfarm payrolls increased less-than-estimated 173,000 and July employment was revised higher to 245,000. Jobless rate declined to 5.1%.
- Hiruki Nakamura
- 04 Sep, 2015
- New York City
Nikkei average declined more than 2% and extended weekly loss to 7% in the largest weekly drop since April 2014. The widely followed benchmark declined to a new seven-month low.
- Marcus Jacob
- 04 Sep, 2015
- New York City
Aussie dollar drops to a new six-year low as foreign investors dump the weakening currencies of resource exporting nations. For the week the ASX 200 index declined 4.3% in volatile trading.
- Mukesh Buch
- 04 Sep, 2015
- New York City
Russia-based Rosneft plans to sell 15% stake in one of its largest oil fields for $1.27 billion to ONGC. Reserve Bank of India lifted foreign investor stake limit to 40% in Ashok Leyland. Rajesh Exports extended the latest string of export order win with a new order from Singapore.