- Arthi Gupta
- 28 Dec, 2010
- New York City
The European indexes climbed after French GDP rose 0.3% in the third quarter. German industry group lifted industrial sector growth forecast for 2011. Swiss UBS consumption fell and Swedish retail sales slackened in November. Alcatel-Lucent agreed to pay $137 million to settle U.S. bribery cases.
- Arthi Gupta
- 28 Dec, 2010
- New York City
U.S. indexes traded flat after holiday retail sales rose more than expected. Apparel and jewelry sales drove the holiday purchases and higher discounts attracted more shoppers online. Consumer confidence index declined in December and metropolitan home price index fell 1% in October.
- Mukesh Buch
- 28 Dec, 2010
- New York City
Cipla received notice from national pharmaceutical pricing authority demanding $10 million. Kingfisher launched five new flights on its domestic network. Zee Entertainment launched four TV channels in Australia.
- Chandrasekhar Atreya
- 28 Dec, 2010
- New York City
Mumbai stocks fluctuated in thin volume trading. Uttar Pradesh signed several agreements with major companies to make the state a power-surplus state. India sought to decide the fate of 82 coal mining licenses that are dormant for last three years.
- Chandrasekhar Atreya
- 28 Dec, 2010
- New York City
Tokyo benchmark index declined following weakness in the Chinese stock markets and a stronger yen. Industrial production rises in November for the first time in six months, while unemployment rate stays unchanged. Consumer price index dropped for the 21st month in a row in November.
- Chandrasekhar Atreya
- 28 Dec, 2010
- New York City
Shanghai key indexes dropped 1.7% after losing nearly 2% yesterday. Profits at industrial companies moderated in the first eleven months to November. Guizhou Province signs 47 contracts with state-run firms for 300 billion yuan.
- Bikram Pandey
- 27 Dec, 2010
- New York City
U.S. indexes closed lower as snowstorm on the East Coast keep shoppers away. AIG surged after the insurer arranged $4.3 billion in credit line with banks to replace government funding. Asian markets closed lower after China lifted rates. European markets edged lower on weaker outlook for the euro.
- Arthi Gupta
- 27 Dec, 2010
- New York City
The European indexes declined tracking weak world markets. The Swiss National Bank forecasted slow growth in 2011. The UK home prices fell in December. Rating agencies lowered views on Portugal debt and reaffirmed French debt rating.
- Arthi Gupta
- 27 Dec, 2010
- New York City
U.S. stocks trade lower after Asian markets closed lower and European markets were weaker. Airlines decline after blizzard conditions prevail in several Northeastern states. China lifted rates by 25 basis points on Saturday.
- Mukesh Buch
- 27 Dec, 2010
- New York City
Dishman Pharmaceuticals is in a deal to sell pharma products of $50 million to European multinational. GMR buy 51% stake in Kakinada SEZ for undisclosed amount. KEC International secured new orders aggregating $250 million. NMDC may increase iron ore price by 3%.
- Chandrasekhar Atreya
- 27 Dec, 2010
- New York City
Stocks in Mumbai edged lower as Asian markets closed mixed and markets in China declined. Rupee edged lower. Indian government retained its borrowing target. ONGC starts building a road from Agartala in North East to Bangladesh.
- Chandrasekhar Atreya
- 27 Dec, 2010
- New York City
Stocks in Shanghai plunged nearly 2% after China lifted rates over the weekend. The second rate increase in as many months is expected to do little to ward off the rising food and property prices. Tibet registered a sharpest rise in foreign trade in first eleven months to November.
- Mukesh Buch
- 24 Dec, 2010
- New York City
Bang Overseas and Thomas Scott (India) sign a deal. BF Utilities is in negotiation with Goldman Sachs to sell up to 15% stake for 164 km expressway. Indian Hotels allotted additional shares to Tata Sons. CEAT Limited gained after rubber duties were lowered.
- Chandrasekhar Atreya
- 24 Dec, 2010
- New York City
Mumbai stocks gained in thin trading. The government opens a discussion on direct investment from large foreign retailers as investment drops 38% in the first seven months to October. India looks to limit defense exports to $10 billion as private contractors expand in the nation.