- Mukesh Buch
- 06 Jan, 2015
- New York City
Apollo Hospitals acquire Nova Speciality Hospitals for about Rs 145 crore. SML Isuzu December sales surged 62.6%. Videocon d2h plans to sell 33.5% stake to U.S.-based Silver Eagle. Zen Tech plans to set up its unit in United Arab Emirates.
- Nichole Harper
- 05 Jan, 2015
- New York City
U.S. and European markets dropped sharply as German prices stagnated in December. Political rhetoric in Greece heated as the nation approached snap election. S&P 500 index extended losses for the fourth day in a row.
Crude oil price declined 4.5%.
- Mukesh Buch
- 05 Jan, 2015
- New York City
GM sales in December surged 19.3%, the best increase in seven years. Honda December sales increased 1.5%. Ford total sales in December rose 1% but sales in the year were flat and Lincoln division sales soared 21%. Fiat Chrysler December total sales climbed 20% and jeep sales jumped 19%.
- Nigel Thomas
- 05 Jan, 2015
- New York City
BMW agreed to pay $820 million to its China-based distributors to cover losses. Ireland-based C&C Group is expected to walk away from making a revised higher bid for Spirit Pub Co. Ryanair traffic in December soared 20% to more than 6 million customers.
- Hiruki Nakamura
- 05 Jan, 2015
- New York City
Japanese market indexes traded lower on the first trading day of the year and financial stocks were under pressure. Skymark Airlines soared 17% after the company called for an extraordinary investor meeting. NTT DoCoMo filed arbitration claim against India-based Tata Teleservices.
- Marcus Jacob
- 05 Jan, 2015
- New York City
Australian stocks advanced for the second day in a row and Aussie dollar edged lower to a new five-year low. Crude oil eased to a new 4-year low. Liquefied Natural Gas Limited entered into a joint venture with KBR Inc to complete its $2 billion terminal in Louisiana.
- Mukesh Buch
- 05 Jan, 2015
- New York City
Ashok Leyland December sales surged 48%. L&T won an order worth Rs 4,006 crore from domestic and international clients. VA Tech Wabag secured a contract for about Rs 220 crore at Varanasi.
- Mukesh Buch
- 02 Jan, 2015
- New York City
Bajaj Auto December sales slid 3%. BHEL won contract worth Rs 3,810 crore in Telangana. RPower completed its sixth and last 660 megawatt unit at Sasan. Tata Motors commercial and passenger vehicles sales advanced 10%.TVS Motor sales climbed 20%.
- Marcus Jacob
- 02 Jan, 2015
- New York City
Australian market indexes advanced 0.5% on the first trading day of 2015 and Aussie dollar eased to a new five-year low. Crude oil extended its six-month long losses and gold declined.
- Mukesh Buch
- 01 Jan, 2015
- New York City
Atul Auto sales in December rose 5.64%. Clariant Chemicals sold its land parcel worth Rs. 1,102.50 crore to Lodha Group. Eicher sales of its subsidiary climbed 20.7%. Maruti sales in December soared 20.8%. Steel Strips December sales jumped 18%.
- Nichole Harper
- 31 Dec, 2014
- New York City
World markets closed down on the final day of trading and U.S. indexes stretched annual gains for the third year in a row but larger European markets fell. Indexes in Shanghai and Mumbai led the advances in global markets and Russia and Greece led the decliners.
- 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.