- Nichole Harper
- 01 Dec, 2015
- New York City
Stocks on Wall Street advanced in halting fashion on the first day of trading in December after auto sales rose and construction activities expanded. European markets gained and unemployment in the euro zone edged down but remained elevated. India and Australia left rates unrevised.
- Mukesh Buch
- 01 Dec, 2015
- New York City
Ford auto sales increased 3% and GM vehicle sales rose 1.5% in November. Fiat Chrysler sales jumped 3% and record November sales since 2000. Bank of Montreal net rose 2%. Bank of Nova Scotia profit surged 31% on 6% increase in revenues. Shoe Carnival net plunged 13%. Thor net jumped 30%.
- Lucy Stoeva
- 01 Dec, 2015
- New York City
In a mixed trading session, European markets mostly declined. Banks provide a boost to the FTSE 100 index in London. France-based Accor acquires 29 hotels across Europe for
- Hiruki Nakamura
- 01 Dec, 2015
- New York City
Nikkei average in Tokyo rose after three-days of decline. The manufacturing sector continued to expand in November and capital spending surged 11.2%. Nissan lifts its stake in Renault to 25%.
- Marcus Jacob
- 01 Dec, 2015
- New York City
The Reserve Bank of Australia left the official cash rate unchanged at historic low 2% and held out for a possible rate cut in 2016. Building approvals increased 3.9% in October. ASX 200 index soared 1.9%.
- Sarla Buch
- 01 Dec, 2015
- New York City
The Reserve Bank of India left its repo rate unchanged at 6.75%. Maruti Suzuki India said auto sales in November advanced 9.7% and M&M vehicle sales surged 21%. TV18 and CNN plans to renew their partnership.
- Nichole Harper
- 30 Nov, 2015
- New York City
Stocks on Wall Street generally traded higher in listless trading as investors await central bankers decision in Washington and Brussels. Retail stocks were in focus for the second day after several large retailers struggled to cope with a surge in online store traffic.
- Hiruki Nakamura
- 30 Nov, 2015
- New York City
Nikkei average in Tokyo slipped on the growing speculation that China may allow the yuan to depreciate soon. Domestic industrial output edged up in October, retail sales rose and automobile production declined for the sixteenth month in a row.
- Lucy Stoeva
- 30 Nov, 2015
- New York City
European markets inched higher. Aberdeen Asset Management loses
- Mukesh Buch
- 30 Nov, 2015
- New York City
Ford Motor said it plans to book $600 million charge linked to the bargaining agreement with the United Auto Workers union. NextEra Energy agreed to sell its stake in Forney and Lamar generating assets to Energy Future Holdings for $1.6 billion. Tribune Publishing said the company is not for sale.
- Marcus Jacob
- 30 Nov, 2015
- New York City
ASX 200 index extended monthly loss to 1.2% on weakness in resource stocks. BHP and partner Vale SA face $5.2 billion damage lawsuit in Brazil. Mincor Resources changes management. Dick Smith books non-cash impairment of $60 million. Slate & Gordon rebounds.
- Sarla Buch
- 30 Nov, 2015
- New York City
GDP growth in India accelerated to 7.4% in the fiscal second quarter. Amtek Auto said quarterly net swung to a loss. Bharti Airtel plans to invest $900 million in the next three years to expand coverage in India. Siemens India quarterly profit jumped 14% on 11% increase in revenues.
- Hiruki Nakamura
- 27 Nov, 2015
- New York City
Nikkei in Tokyo slipped after transport, textile and power shares declined. Nisshinbo, Sharp, Sumitomo Osaka Cement were among the worst performer. The consumer prices index in October increased 0.3% but jobless rate in October declined to a 20year low of 3.1%.
- Nichole Harper
- 27 Nov, 2015
- New York City
Stocks on Wall Street traded sideways and shopper were in a cautious mood and search deeper bargains online. Holiday shoppers started early and most large discount stores began offering early bargains online to attract customers away from other online stores only.
- Mukesh Buch
- 27 Nov, 2015
- New York City
Retailers were in focus in New York trading as more customers shop online on Black Friday. China based social networking site Renren said net loss widened. Discount retailers Target and Wal-Mart report rising customer traffic at online stores.