Jun 04, 2015 12:08 PM ET
Bharti plans to raise up to $1 billion through a global bond offering. The Reserve Bank of India lifted foreign investor limit to 40% in Adani Ports. Eicher Motors said Sweden-based Volvo AB plans to sell its 3.7% stake.
Jun 03, 2015 1:13 PM ET
Stocks on Wall Street jumped but struggled to hold advances after the U.S. trade deficit in April shrank. ECB reaffirmed its commitment to complete the unprecedented bond purchase program and said economy in the euro zone is healing.
Jun 03, 2015 12:28 PM ET
Nikkei in Tokyo edged lower for the second day in a row and the yen traded above the 12-year low as investors booked profits. Traders and investors are looking for more corporations to increase profit sharing and higher dividend pay outs.
Jun 03, 2015 12:26 PM ET
Ambarella net climbed more than two-fold. Brown-Forman profit jumped 6% to $140 million. G-III Apparel net soared more than four-fold after sales soared 18%. Guess net swung to profit but revenues declined 8%. NCI Building net loss widened. Vera Bradley net swung to a loss.]
Jun 03, 2015 11:32 AM ET
Australian dollar gained after economy expanded at faster-than-expected rate in the first-quarter. Domestic consumption led the economic expansion however business investment remained weak.
Jun 03, 2015 11:20 AM ET
ECB reassured its commitment to bond purchase program and said outlook is unchanged from March and admonished markets to get used to higher volatility. Accor plans to invest €22 million in an online hotel marketplace. Voestalpine annual net rose 18% to €594.2 million.
Jun 03, 2015 9:17 AM ET
Market indexes extended losses in Mumbai and rupee weakened after the Reserve Bank of India turned cautious and on delayed monsoon season. Apollo Hospitals acquired majority stake in Assam Hospitals. L&T received an order from Indian Navy to build a floating dock.
Jun 02, 2015 9:50 PM ET
Market indexes on Wall Street gyrated and the euro advanced against the dollar and investors awaited outcome of the protracted Greek negotiations. Auto industry sales increased in May was led by Chrysler with 4% increase followed by 3% sales gain at GM.
Jun 02, 2015 1:50 PM ET
Nikkei in Tokyo halted a 12-day rally and yen traded sideways following mixed closings in New York and in Europe. Japan Tobacco’s subsidiary in Quebec, Canada was slapped with multi-billion fines which is expected to be trimmed on an appeal.
Jun 02, 2015 1:02 PM ET
British American Tobacco’s Canadian unit ordered to pay £5.5 billion in two class-action lawsuits. Elekta net tumbled. First Derivatives profit surged more than two-fold. Wolseley net soared 29% to £195 million.