Sep 08, 2015 12:35 PM ET
Amlin agreed to be acquired by Mitusi Sumitomo for £3.5 billion. Ashmore net jumped 4% to £140 million. Betfair and Paddy Power agreed to merge for £5 billion. Barclays agreed to sell U.K. loans business to Goldman Sachs. Genus profit soared 40% to £41 million.
Sep 08, 2015 12:23 PM ET
Nikkei average in Tokyo dropped more than 2% taking the index in the negative zone year to date. Nikkei has plunges nearly 18% from the high in February. Japan said economy in the second quarter shrank less than expected.
Sep 08, 2015 10:33 AM ET
Australian market indexes opened higher and the benchmark ASX 200 index soared 1.7%. Late rally in China also supported market advance. The Aussie dollar continued to drift lower. Westpac Banking completed $1.3 billion note offering. Woodside Petroleum offered $11.7 billion for Oil Search.
Sep 08, 2015 10:06 AM ET
JSW Energy plans to acquire thermal power project in Madhya Pradesh. Zomato, restaurant information and review site operator raised about $60 million. SpiceJet plans to buy around 100 turboprop aircrafts with list price of $3 billion.
Sep 07, 2015 1:40 PM ET
Global markets lacked direction and trended lower as crude oil price declined on the rising production from Nigeria and North Sea. Stocks in China resumed the decline after a long weekend and U.S. markets were closed for Labor Day.
Sep 07, 2015 1:20 PM ET
Tesco agreed to sell its South Korean retail business to a group led by private-equity firm MBK Partners for £4 billion. Glencore suspends dividend, plans to sell asset sale and raise equity capital to cut net debt by $10 billion to $20 billion.
Sep 07, 2015 9:11 AM ET
Nikkei average in Tokyo closed up in thin trading and the yen gained after stocks in Shanghai fell sharply. Toshiba Corp, the diversified conglomerate embroiled in the accounting scandal reported annual sales in the year ending in March rose 3.3% and swung to a net loss.
Sep 07, 2015 9:02 AM ET
Australian indexes closed down and prices of crude oil and gold extended recent losses. Aussie dollar weakened further after traders look for the currency to continue to slide in the next six months. UGL Limited won a 4-year contract to provide a range of services including a tunnel construction.
Sep 07, 2015 8:44 AM ET
Reliance Infrastructure signed a naval and commercial services agreement with the U.A.E. based Abu Dhabi Ship Building. SREI Infra plans to sell its stake in Viom Networks. Hathway Cable and NATCO Pharma won RBI approval to sell additional stake to foreign investors.
Sep 04, 2015 1:56 PM ET
Market indexes on Wall Street declined more than 1.5% as the latest jobs report did little to calm investors. August month nonfarm payrolls increased less-than-estimated 173,000 and July employment was revised higher to 245,000. Jobless rate declined to 5.1%.