Jan 05, 2016 5:21 PM ET
Stocks in Mumbai looked down and market indexes declined for the second day in a row in 2016. People’s Bank of China pumped more money to stabilize faltering financial markets in Shanghai. Suven Life Sciences secure three product patents in Canada, South Korea and across Africa.
Jan 05, 2016 5:03 PM ET
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.
Jan 05, 2016 4:54 PM ET
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.
Jan 04, 2016 10:56 AM ET
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.
Jan 04, 2016 10:25 AM ET
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.
Jan 04, 2016 10:06 AM ET
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.
Jan 04, 2016 9:32 AM ET
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.
Jan 01, 2016 10:25 AM ET
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%.