- Lucy Stoeva
- 06 Jan, 2016
- New York City
European stocks were sharply lower Wednesday on concerns about the global economic growth. The services PMI in China dropped to a 17-month low in December. Electricite de France SA may record about
- Hiruki Nakamura
- 05 Jan, 2016
- New York City
Nikkei in Tokyo eased and the yen advanced as volatility gripped markets in Shanghai, Tokyo and Mumbai. Crude oil drifted lower and the yen gained after central bank in China pumped additional liquidity to financial system.
- Sarla Buch
- 05 Jan, 2016
- New York City
Stocks in Mumbai looked down and market indexes declined for the second day in a row in 2016. People
- Lucy Stoeva
- 05 Jan, 2016
- New York City
European markets closed little changed after a volatile trading session. December unemployment in Germany was flat at 6.3%, the lowest in 24 years. Volkswagen faces more civil penalties in the U.S. Orange and Bouygues confirmed merger talks.
- Mukesh Buch
- 05 Jan, 2016
- New York City
Activision acquired the e-sports publisher Major League Gaming. Eli Lilly lowered earnings per share forecast. Ford December sales soared 8.4%, Fiat Chrysler sales surged 12.6% and GM sales jumped 5.7%. Intel agreed to buy Germany-based Ascending Technologies.
- Nichole Harper
- 04 Jan, 2016
- New York City
U.S. stock markets opened sharply lower due to on the growing evidence of slowdown in China, escalating tension in the Middle East, and volatile oil prices. Tesla Motors fell 7% after the automaker met the low end of its revised unit sales forecast in the fourth quarter.
- Hiruki Nakamura
- 04 Jan, 2016
- New York City
Nikkei in Tokyo plunged more than 3% following on a growing worries of slowdown in China and rising tensions in the Middle East. Fujifilm may consider bidding for medical business of Toshiba Corp.
- Lucy Stoeva
- 04 Jan, 2016
- New York City
European markets fell sharply on the first trading day in 2016 amid weak data on Chinese manufacturing and rising tensions in the Middle East. Fiat Chrysler Automobiles plunged 35% after the company spun off Ferrari. Nokia and Alcatel-Lucent won a regulatory approval for merger.
- Sarla Buch
- 04 Jan, 2016
- New York City
Ashok Leyland said vehicle sales in December soared 31%. Maruti Suzuki sales jumped 13.5% but Tata Motors sales declined 4% in the month. Bajaj Auto sales were unchanged and Hero MotoCorp said two-wheeler sales declined 5.3% in the month.
- Sarla Buch
- 01 Jan, 2016
- New York City
Sensex on the first day of trading in 2016 advanced cautiously and brokerage firms estimated sharp escalation in market indexes but in volatile fashion. Maruti Suzuki said December vehicle sales advanced 9%.
- Nichole Harper
- 31 Dec, 2015
- New York City
After a volatile year, U.S. indexes failed to make advance in the second-half. S&P 500 index declined 0.6% in 2015 but the Tollbooth Strategy led the U.S. indexes with a surge of 7.6%. Germany led the European markets with 15.6% rise and Japan closed up 9.1%.
- Lucy Stoeva
- 31 Dec, 2015
- New York City
Germany and France advanced in the year but resource heavy U.K. index closed down in 2015. Interbulk sells 6.6% stake to Den Hartogh. Serco divested its offshore private sector business. Julius Baer raised U.S. tax settlement investigation provision to $547 million.
- Sarla Buch
- 31 Dec, 2015
- New York City
Stocks in Mumbai edged higher in thin trading. GIC Housing Finance plans to buy 16% stake in LIC Nomura mutual fund unit. National Highways Authority of India awarded first phase development contract for Delhi-Meerut to Welspun Enterprises.
- Mukesh Buch
- 30 Dec, 2015
- New York City
Calavo Growers net swung to profit. Du Pont plans to reduce 1,700 jobs in Delaware. Fairchild received an unsolicited offer for $2.46 billion. KaloBios filed for Chapter 11 bankruptcy.
- Nichole Harper
- 30 Dec, 2015
- New York City
Market indexes in the U.S. struggled to stay in the positive for the year and France and Germany led markets in Europe. In Asia, Japan closed up 9.1% for the year as index in India dropped more than 8% in 2015.