Jul 10, 2015 4:52 PM ET
Stocks on Wall Street gained and market indexes jumped ahead of yet another deadline this Sunday for Greece. Oil price decline is expected to last in 2016 as the U.S. shale oil supply continues to grow but at a slower pace.
Jul 10, 2015 2:35 PM ET
Nikkei average in Tokyo edged lower but markets in Asia returned normality after regulatory steps in China calmed world markets. Oil, natural gas and iron ore continued to trade with negative bias in Asia. Asahi Glass said first-half sales rose 2%.
Jul 10, 2015 10:02 AM ET
Fraport passenger’s traffic in June jumped 3%. InterContinental Hotels sell its Hong Kong unit to a consortium for $938 million. Ryanair agreed to vote in favor of IAG offer for its 29.8% stake in Aer Lingus.
Jul 10, 2015 4:11 AM ET
Australian market indexes returned to positive undertone after markets in China rose for the second day in a row but commodities prices remained week in Asia. Home loan values and total number of loans issued declined in May in Australia. Transurban reported toll revenues in June quarter surged 70%.
Jul 10, 2015 9:01 AM ET
TCS said quarterly profit climbed 53% and revenues rose 6%. GRUH Finance net jumped 20% on 22% increase in revenues. Wipro agreed to acquire Denmark-based Designit for ₹595 crore or €85 million.
Jul 09, 2015 12:21 PM ET
Indexes on both sides of Atlantic rose after China halted market slide and hope ran eternal in the euro zone. Athens government is scheduled to offer its list of reforms before the Sunday deadline. Alcoa kicked off earnings season with earnings falling short of expectations.
Jul 09, 2015 12:22 PM ET
Alcoa revenues were ahead of expectations but earnings lagged. LKQ agreed to acquire PartsChannel. PepsiCo net was flat after sales declined 6%. Peabody sells its Australian mine. Walgreens Boots Alliance net surged.
Jul 09, 2015 10:40 AM ET
Nikkei average in Tokyo rebounded after indexes in Shanghai and in Hong Kong jumped after Chinese regulatory steps. Machinery orders in Japan rose 0.6% in May following 3.8% increase in April. Fast Retailing said nine-month sales increased 24%.
Jul 09, 2015 10:28 AM ET
Aussie dollar closed below 75 U.S. cents and markets return to calm after Chinese regulators succeeded in arresting the sustained fall in market indexes. Australian jobless rate increased to 6% in June. Caltex Australia said first-half profit more than doubled.
Jul 09, 2015 10:18 AM ET
AstraZeneca sell its international rights for gastroenterology drug to Switzerland-based Tillotts Pharma. Associated British Foods group revenues increased 2%. Balfour Beatty forecasted pre-tax profit of about £150 million. Bwin.party received proposal from smaller rival GVC for £908 million.