Dec 03, 2014 10:55 AM ET
Deutsche Bank and retail property group ECE agreed to acquire PalaisQuartier for about €800 million. Just Eat raised around £139 million. Sage Group profit surged 295% to £188 million. Telenor and TeliaSonera agreed to merge Danish mobile businesses.
Dec 03, 2014 9:45 AM ET
JSW Energy acquire two power projects worth Rs 9,700 crore from JP Power. Tata Motors to set up new unit an automotive unit in Brazil with $290 million investment. Supreme Court allowed to sell four properties worth Rs 2,700 crore of Sahara group.
Dec 02, 2014 1:16 PM ET
Stocks on Wall Street trended higher in volatile trading and gold, silver, copper and oil fell more than 1%. U.S. construction spending increased 1.1% in October after slipping 0.1% in September. Fiat Chrysler led November auto sales with 20% surge.
Dec 02, 2014 12:12 PM ET
Ford November sales fell 2% despite Escape, Explorer and Mustang posted record sales. Fiat Chrysler climbed 20% and GM sales climbed 6% and the largest automaker said recall-related charges added to $2.7 billion. Johnson Controls lowered fiscal outlook.
Dec 02, 2014 11:56 AM ET
Stocks in Tokyo gained and market indexes closed at six-year new highs. Fast Retailing said November same-store sales increased 1.9% and total sales surged 4.1% from a year ago. Otsuka Holdings agreed to acquire Avanir Pharma for about $5.3 billion or $17 a share.
Dec 02, 2014 11:02 AM ET
The Reserve Bank of Australia left its benchmark rate unchanged at 2.5% and reiterated that the Aussie dollar is above its fundamental level. Current account deficit narrowed to $12.5 billion in the third-quarter. Seasonally adjusted new buildings approvals increased 11.4% in October.
Dec 02, 2014 10:59 AM ET
Aryzta group revenue soared 14% to €1.3 billion. Aviva agreed to acquire rival Friends Life for about £5.6 billion. Aberdeen profit declined 7% to £307 million and assets under management surged 62%. ITE Group net dropped 4% on 9% decrease in revenues.
Dec 02, 2014 9:10 AM ET
Bajaj Auto November sales slid 0.4%. Hero MotoCorp sales rose 3%. NBCC secured an order of Rs 1,850 crore in Arunachal Pradesh. Tata Motors total sales increased 2%.
Dec 01, 2014 12:52 PM ET
The plunge in crude oil price travelled around the global financial markets as the decline in oil price continued and wreaked havoc in financial asset prices of oil producing nations. U.S. holiday shopping over the weekend was sharply lower than a year ago.
Dec 01, 2014 12:14 PM ET
Avolon plans to launch $1.86 billion through an initial public offering. Cott plans to raise $615 million through a convertible bonds due in 2019. Fifth Street Finance net jumped 9%. Tandy Leather plunged on lowered fiscal outlook. Tetra Tech secured contract worth $216 million.