Nov 25, 2014 9:08 AM ET
Ashok Leyland divested 32% stake in its subsidiary Hinduja Tech. Amtek Auto plans to acquire three foreign companies. Bharti Airtel agreed to sell 4,800 telecom towers in Nigeria for $1 billion. Rcom plans to raise $255 million to refinance overseas loans.
Nov 24, 2014 12:22 PM ET
U.S. and European market indexes advanced and built on gains of last week. Crude oil, gold and copper traded with a negative bias. Markets in Europe gained after a private survey showed improved business climate in Germany.
Nov 24, 2014 12:02 PM ET
BioMarin Pharma agreed to acquire Prosensa Holding for $840 million. Navios Maritime net loss widened. RenaissanceRe Holdings agreed to buy rival Platinum Underwriters for about $1.9 billion. Visa expected to pay $10 billion to acquire the London-based Visa Europe.
Nov 24, 2014 11:33 AM ET
Aviva agreed to acquire rival Friends Life for £5.6 billion. BT Group is in talk with Spain-based Telefonica to acquire the O2 mobile. Cranswick net declined 9% and agreed to buy Benson Park. Onex acquired SIG Combibloc for about €3.7 billion. Petrofac tumbled on weak outlook.
Nov 24, 2014 10:27 AM ET
Australian indexes soared more than 1% after China unexpectedly lowered interest rate. Resource companies led the market advance and BHP said it is on track to complete the company split in the first-half of 2015. ALS Limited, the mineral testing company, reported better-than-expected profit.
Nov 24, 2014 9:14 AM ET
Adani Power to acquired Korba West Power for Rs 4,200 crore. Astral Poly Tech acquired 76% stake in Resinova. Indiabulls emerged as the highest bidder for land parcel of Voltas for Rs 236 crore or $40 million. Patel Engineering quarterly net fell 67%.
Nov 21, 2014 1:35 PM ET
Markets in Europe and New York advanced after China unexpectedly cut interest rates and the European Central Bank President Mario Draghi hinted of new measures to accelerate inflation at a faster pace.
Nov 21, 2014 11:57 AM ET
Ann net plunged 27%. Autodesk net tumbled 81% but revenues soared 11%. Blackstone agreed to acquire Japan-based residential assets from GE for $1.6 billion. Foot Locker profit surged 15%. Gap net jumped 4%. Intuit net loss widened while revenues climbed 8%.
Nov 21, 2014 11:17 AM ET
Carrefour received French regulatory approval to acquire more than 800 Dia France stores. Dee Valley profit surged 20% on 4% increase in revenues. Ophir agreed to acquire Salamander Energy. Rolls-Royce won order worth £3.2 billion from Delta Air Lines.
Nov 21, 2014 9:43 AM ET
Prime Minister Shinzo Abe dissolved Japanese parliament and set early snap election for the lower house in December. Finance Minister Taro Aso said the decline in yen this week had been too quick. The yen closed at the weakest level since August 2007.