- Marcus Jacob
- 14 Sep, 2015
- New York City
Australian market indexes struggled after the latest economic data from China showed weakening growth backdrop. Australian dollar edged higher. Oil Search rejected latest takeover overture from Woodside Petroleum.
- Mukesh Buch
- 14 Sep, 2015
- New York City
The wholesale prices in India declined at a faster pace in August, largely on 16% drop in fuel prices. Volatile vegetable prices, sensitive issues for most families, declined 21% but prices for pulses rose 36%. JK Tyre is a step closer to acquire tire unit of Kesoram for $300 million.
- Nigel Thomas
- 14 Sep, 2015
- New York City
European markets take a cautious view of ahead of the U.S. rate decision later in the week. Trinity Mirror is in talk to acquire remaining stake in Local World. Nokia received U.S. regulatory approval to acquire Alcatel Lucent.
- Nichole Harper
- 11 Sep, 2015
- New York City
Market indexes on Wall Street in a slow but steady climb on Friday cross in the positive zone as oil plunged as much as 3%. Producer inflation is expected to remain restrained after the latest report from the government showed benign price pressures.
- Mukesh Buch
- 11 Sep, 2015
- New York City
GE agreed to sell its transportation finance business to BMO Financial. Brady net loss narrowed. Kroger net swung to a loss. Mattress Firm profit surged 53%. Marvell Technology net swung to a loss. Restoration Hardware net jumped 10%. Zumiez net tumbled 57%.
- Hiruki Nakamura
- 11 Sep, 2015
- New York City
Nikkei average eased and in volatile trading the reference index trimmed weekly gains. SoftBank Group was in focus on speculation that the founder Son is looking to take the telecom company private.
- Nigel Thomas
- 11 Sep, 2015
- New York City
Actelion in preliminary talk with the U.S.-based rivals ZS Pharma for $2.5 billion. Gerry Weber profit tumbled 49% but revenues jumped 5%. J D Wetherspoon profit soared 9% on 7% increase in revenues. Jelf received
- Marcus Jacob
- 11 Sep, 2015
- New York City
Australian market indexes closed down and trimmed weekly gains to 0.7%. Commodities eased. Commonwealth Bank only received 50% participation in its $3 billion rights offering. Newcrest Mining struggles with safety issues.
- Mukesh Buch
- 11 Sep, 2015
- New York City
Arvind Ltd, apparel retailer entered in a partnership with cosmetics retailer Sephora. MRF & TVS Motors finalize investment plans to expand manufacturing in Tamil Nadu. L&T is a step closer to issue bonds worth ₹9,600 crore.
- Mukesh Buch
- 10 Sep, 2015
- New York City
Assurant agreed to sell businesses for $1.92 billion to Canada-based Sun Life Financial. Dell plans to invest $125 billion in China in the next five years. Hovnanian net swung to a loss. Krispy Kreme profit increased 4%. Lululemon net dropped 2%. Palo Alto net loss widened.
- Marcus Jacob
- 10 Sep, 2015
- New York City
Australian market indexes declined more than 2% after regional markets turned volatile and investors worried on the faster economic slowdown in China. Gold and crude oil declined. Atlas Iron reached its production target four months ahead of schedule.
- Hiruki Nakamura
- 10 Sep, 2015
- New York City
Nikkei average settled lower in choppy trading following the largest one-day gain since 2008. Core machinery orders slipped in July. Shimamura advanced on higher first-half sales.
- Nigel Thomas
- 10 Sep, 2015
- New York City
Bouygues secured contract worth
- Mukesh Buch
- 10 Sep, 2015
- New York City
Com plans to sign a spectrum sharing agreement with Reliance Jio.Bharti and Malaysia-based Axiata Group are looking to combining operations in Bangladesh.
- Nichole Harper
- 09 Sep, 2015
- New York City
Stocks on Wall Street opened higher after positive comments from Beijing and Tokyo. However, market sentiment turned negative in the afternoon trading ahead of Fed policy meeting next week. Apple released new phone versions and business user focused tablets.