- Nigel Thomas
- 16 Mar, 2015
- New York City
Antofagasta may close it Chile-based Los Pelambres project after a court ruling. Eni signed an agreement with Egypt to invest as much as $5 billion. Aviva received regulatory approval for Friends Life. Holcim rejected
- Hiruki Nakamura
- 16 Mar, 2015
- New York City
Market indexes in Tokyo declined and the yen weakened ahead of the U.S. rate decision this week. The yen dropped to a new six-year low after the euro extended nine-month losses to 40%.
- Mukesh Buch
- 18 Mar, 2015
- New York City
Ambuja Cements won coal mining rights in Chhattisgarh. Madhucon Projects received new road project order worth ₹397 crore in Tamil Nadu. Wipro acquired a minority stake in Drivestream Inc. for $5 million.
- Mukesh Buch
- 17 Mar, 2015
- New York City
Sensex in Mumbai traded higher and the rupee declined. Central and state government stepped up contract awards to accelerate urban renewal and infrastructure development. State Bank of India to conduct first online property auction and increase collection on bad debts.
- Mukesh Buch
- 16 Mar, 2015
- New York City
Wholesale price index in India declined for the second month in a row on weak commodities prices and improving food distribution. Inox Wind plans to raise $111 million through a stock sale to institutional investors. L&T won a contract for $10 million from Rail Vikas Nigam Ltd.
- Nichole Harper
- 13 Mar, 2015
- New York City
Stocks in New York traded sharply lower and crude oil extended losses after whole price index declined for the fourth month in a row. The sharp increase in dollar in the last two weeks is likely to dampen earnings of the U.S.-based export focused companies.
- Mukesh Buch
- 13 Mar, 2015
- New York City
Aeropostale net loss narrowed after sales plunged 11%. Buckle profit rose 1%. Hibbett Sports net surged 18% on revenue increase of 10%. Ulta Salon net soared 24% and net sales climbed 21%. Vail Resorts net surged 95%. Zumiez profit tumbled 35% but sales climbed 14%.
- Nigel Thomas
- 13 Mar, 2015
- New York City
Russia
- Nigel Thomas
- 13 Mar, 2015
- New York City
Bechtle, Germany based IT company said profit climbed 20% on 14% increase in revenues. BP agreed to divest its Australian bitumen business to Puma Energy. Dart surged after positive fiscal outlook. J D Wetherspoon net jumped 7%. Oxford BioMedica net loss narrowed.
- Hiruki Nakamura
- 13 Mar, 2015
- New York City
Stocks in Tokyo closed higher and the Nikkei jumped to a high not seen since 2000. Industrial production in January increased 3.7%. Fanuc soared 13% after the industrial robot maker took steps to increase communication with shareholders.
- Mukesh Buch
- 13 Mar, 2015
- New York City
Sensex in India declined after consumer price index in February accelerated on the rising food prices. Snapdeal plans to buy online mobile recharge platform Freecharge for ₹2,800 crore. Tata Motors said Jaguar Land Rover
- Marcus Jacob
- 13 Mar, 2015
- New York City
Australian market indexes closed down and the Aussie dollar lacked direction in moderate trading. For the week, the ASX 200 index declined 1.5%. Internet service provider, iiNet Limited agreed to be acquired by TPG Telecom at $1.4 billion valuation.
- Nichole Harper
- 12 Mar, 2015
- New York City
Stocks on Wall Street rebounded and initial claims of weekly jobless claims declined below 300,000. Retail sales declined for the third month in a row on bad weather and cautious consumer spending. The dollar declined after the sustained rise against the euro.