Mar 27, 2013 10:38 AM ET
Belgian government plans to sell stakes in Belgacom and BNP Paribas to reduced budget deficit. Mediaset said loss for 2012 swung to €287 million. Private equity shareholder NTC Holding sold another 6.8% stake in TDC. Safran completed acquisition of Goodrich Electrical Power Systems for €300 million.
Mar 27, 2013 10:27 AM ET
Market indexes in Tokyo pared gains as stocks in the indexes traded ex-dividend. Real estate linked companies led the gainers on the hopes that the central bank will act soon to revive inflation. Aeon plans to raise its stake in retailed Daiei to 40% at lower than expected offer price.
Mar 27, 2013 9:47 AM ET
Australian markets rebounded and financials and resource stocks gained on the back of world markets advance. Qantas won final regulatory approval for its alliance with Dubai based Emirates. QBE said it is in track to meet its financial targets as the restructuring continues.
Mar 26, 2013 12:20 PM ET
Stocks on Wall Street opened sharply higher after mixed reports on housing markets and better than expected increase in durable goods orders. Investors bid up stocks after a string of positive economic data in the U.S. and overlooked the ongoing Cyprus saga.
Mar 26, 2013 11:29 AM ET
AuRico Gold fourth quarter net swung to $134.4 million loss. Focus Media net surged more than doubled. Gordmans net plunged 23% and Neogen third quarter net climbed 27%. Turquoise Hill quarterly net loss widened.
Mar 26, 2013 11:16 AM ET
Stocks in Tokyo traded lower bucking the market advance in Shanghai and in Mumbai. Bank of Japan Governor Kuroda said he is prepared to add more government bonds with longer maturities and scrap self-imposed rule to limit asset purchase.
Mar 26, 2013 10:15 AM ET
Australian market indexes declined and iron ore and other commodities prices edged lower but the dollar advanced. Transfield won a contract linked to the national broadband network project. Kathmandu six-month net soared.
Mar 26, 2013 10:18 AM ET
Bellway said profit for the first half surged 51% and Kazakhmys said loss for the year swung to $2.27 billion. Kingfisher annual profit dropped 12% to £564 million and Resolution said annual loss widened. Wolseley profit for six months dropped 23%.
Mar 26, 2013 9:57 AM ET
Bharti Airtel is set to raises $250 million through dollar bonds. Educomp sold 50% stake sale in Eurokids International. L&T plan to buy 50% stake in Future Generali from Pantaloon. Suzlon raised $650 million to restructure debt holdings.
Mar 25, 2013 11:50 AM ET
Cyprus struck a late night deal in Brussels with European lender that will effectively shrink its banking sector and shift the cost of bailout to larger uninsured depositors and close its second largest banks.