Sep 03, 2014 11:49 AM ET
Stocks in New York and in Europe traded higher after Russia and Ukraine sought to end violence. The apparent agreement is expected to find a political settlement with the leaders of eastern Ukraine and end violence. U.S. auto sales surged led by 20% sales increase at Chrysler.
Sep 03, 2014 11:47 AM ET
Ashtead Group profit surged 23% to £75 million. Hermes and LVMH signed an agreement to settle four-year dispute that will bar LVMH from taking additional stake in Hermes. Metro plans to sell 9% stake in U.K.-based Booker Group. United Internet to buy remaining stake of Versatel for €586 million.
Sep 03, 2014 10:38 AM ET
Australian economic growth in June quarter slowed to an increase of 0.5% from the previous quarter and rose 3.1% from a year ago. Service industry growth continued to slow in August and iron ore price declined to a two-year low.
Sep 03, 2014 10:36 AM ET
Nikkei index in Tokyo gained for the third day in a row and increased to a high not seen since January and the yen declined to an eight month low. Prime Minister Shinzo Abe is expected to shakeup cabinet and appoint a reform minded minister that may lead to overhaul of GPIF.
Sep 03, 2014 9:36 AM ET
Eicher Motors August sales climbed 66%. Era Infra Engineering secured construction contract from Airport Authority of India. Elder Pharma net surged but revenue declined 33%. NMDC production and sales climbed.
Sep 02, 2014 2:12 PM ET
Stocks across Atlantic paused the advance after war of words escalated between Russian president Vladimir V Putin and European leaders ahead of NATO summit on Thursday.
Sep 02, 2014 12:48 PM ET
1-800-Flowers plans to acquire Harry & David Holdings for $143 million. Dollar General raised its bid for Family Dollar to $9.1 billion. Halliburton agreed to settle Macondo well incident in $1.1 billion. Norwegian Cruise Line agreed to acquire Prestige Cruises for $3 billion.
Sep 02, 2014 12:44 PM ET
Stocks in Tokyo traded higher and the yen declined for the third day in a row and traded near 105 mark against the dollar. Honda said August sales in China declined 5.5% and Nissan sales in the month edged down 0.7%.
Sep 02, 2014 12:02 PM ET
Telefonica plans to sell its stake in Telecom Italia and acquire broad band unit in Brazil controlled by France bases Vivendi. Johnson Service net swung to profit after revenue jumped 6%. Redrow profit surged 93% to £103 million.
Sep 02, 2014 9:11 AM ET
Reserve Bank of Australia held interest rate at the level maintained since thirteen months and estimated low interest rates until next year. Australian current account deficit soared to $13.7 billion in June quarter and building approvals increased 2.5% in July on a monthly basis.