- Sarla Buch
- 28 Dec, 2015
- New York City
India and Russian companies sign contacts to increase local content in defense equipment and systems and speed up construction of nuclear power plants. Tata Power, Essar, Reliance, Bharat Forge are some of the leading companies engaged in joint developments.
- Hiruki Nakamura
- 28 Dec, 2015
- New York City
The Nikkei 225 average closed higher as bargain-hunting offset disappointing November production and retail data. Taiwan-based Hon Hai Precision Industry is exploring to acquire Sharp Corp. Tri-Stage expects annual net income to plunge 23.1%.
- Hiruki Nakamura
- 25 Dec, 2015
- New York City
Nikkei 225 average closed lower in muted trading and the yen edged down against the U.S. dollar. J. Front Retailing reported nine-month sales increased 2.5% and net income soared 79%.
- Nichole Harper
- 24 Dec, 2015
- New York City
Stocks on Wall Street lacked cheer and market indexes rested ahead of early closure. Crude oil gained for the fourth session in a row and jobless claims in the previous week dropped to a 42-year low. European markets were little changed and energy prices were in focus.
- Mukesh Buch
- 24 Dec, 2015
- New York City
EZCorp net loss widened. Nexstar Broadcasting is in talks to acquire Media General for $2 billion. Piedmont Natural Gas net dropped 5%. Salesforce.com agreed to acquire billing services provider SteelBrick for $360 million.
- Lucy Stoeva
- 24 Dec, 2015
- New York City
European markets traded higher after resource heavy FTSE 100 index edged up. Indexes in Spain gained but in France edged lower. Markets in Germany were closed.
- Sarla Buch
- 24 Dec, 2015
- New York City
Reliance Defence and Russia-based AlmazAntey for manufacture the four frigates for the Indian Navy worth $4.8 billion. Singapore controlled fund invested $300 million in housing projects developed by DLF. ONGC plans to invest $530 million in three coal-bed methane blocks in eastern India.
- Hiruki Nakamura
- 24 Dec, 2015
- New York City
Nikkei 225 average slipped and the yen eased in thin trading as markets in Europe and in New York wind down ahead of Christmas Holiday. Fujitsu Ltd decided to separate its mobile phone and computing businesses. Monex Group reported November revenues edged.
- Marcus Jacob
- 24 Dec, 2015
- New York City
Australian market indexes gained and extended weekly gain to 3.4%. Australian dollar edged higher to 72.52 U.S. cents and gold and crude oil bounced from the recent lows. Real estate software developer Onthehouse soared on a takeover offer.
- Nichole Harper
- 23 Dec, 2015
- New York City
Wall Street indexes extended gains for the third day in a row after crude rebounded from an 11-year low and personal income increased and durable goods orders were unchanged. European markets closed higher on bargain hunting.
- Mukesh Buch
- 23 Dec, 2015
- New York City
Bed Bath & Beyond plunged 6% on weak sales and earnings per share forecast. Lindsay revenues and net declined 9%. Micron Technology net tumbled 79%. Nike profit surged 20%. Paychex net jumped 9%. ConocoPhillips agreed to sell its 50% stake in Rosneft.
- Lucy Stoeva
- 23 Dec, 2015
- New York City
European markets jumped 2% after Brent crude rebounded from the lowest since 2004 a day earlier. OPEC report suggested that the demand for its crude in 2020 is likely to be less than in 2016. Game Digital tumbled. Interbulk agreed to be acquired.
- Sarla Buch
- 23 Dec, 2015
- New York City
Rupee strengthens for the sixth day in a row. Wipro agreed to acquire Viteos Group for about $130 million. L&T secured orders worth ₹1,178 crore in December. Tata Steel is in talks to sell its U.K.-based steel unit to a private equity firm.
- Marcus Jacob
- 23 Dec, 2015
- New York City
Australian markets extended gains for the sixth day in a row on the strength in banking and mining stocks. Aurizon Holdings issued a profit warning. Mirvac Group signed an agreement with China Investment Corp. Slater & Gordon Limited faces another class action suit.
- Nichole Harper
- 22 Dec, 2015
- New York City
Market indexes on Wall Street struggled to extend 2-day gains and commodities lacked direction in lacklustre trading. Existing home sales in November declined 10.5% but median home price rose 6.3%. European deal announcements picked up. Asian markets closed mixed.