Dec 14, 2015 11:46 AM ET
European markets turned lower after crude oil resumed its slide and neared 2011 prices in London and in New York. Industrial production in the euro zone was ahead of expectations. AstraZeneca is in preliminary talks to acquire cancer drug developer Acerta Pharma for £3.3 billion.
Dec 14, 2015 10:37 AM ET
ASX 200 plummeted 2% on Monday on the deepening commodities plunge. Australian dollar declined below 72 U.S. cents. Austal secured a $63 million contract with National Australia Bank.
Dec 14, 2015 8:06 AM ET
The wholesale price index in November decreased 1.99% compared to the decline of 3.81% in October. Japan offered military, commercial and technology assistance to advance logistics and infrastructure development to India.
Dec 14, 2015 6:48 AM ET
The Nikkei plunged on Monday and tested six-week low following the deepening correction in oil and commodities. Industrial production in October jumped 1.4%. Japan and India signed several agreements involving bullet train and nuclear power plants.
Dec 11, 2015 1:33 PM ET
Stocks on Wall Street extended losses as oil and commodities reach new multi-year lows. Retail sales in November suggested sufficient momentum in the economy. S&P 500 index dropped 1.7% and extended weekly fall to 3.5%. European markets dropped more than 2% and dropped as much as 4.5% for the week.
Dec 11, 2015 1:00 PM ET
Market indexes in Germany, France and UK dropped 2% or more and extended weekly losses between 3.7% and 4.4%. Market sentiment remained gloomy after oil, copper and iron ore dropped to multi-year new lows. Copper producer Aurubis tumbled 18% on a profit warning.
Dec 11, 2015 9:21 AM ET
Adobe Systems profit more doubled to $223 million on 22% jumps in revenues. Argan net slumped 13% and revenues declined 11%. Nordson net tumbled 31%. NCI Building Systems net surged 29%. UTi Worldwide net loss narrowed despite revenues plunged 18%.
Dec 11, 2015 9:57 AM ET
The Australian market extended losses and finished the week 2.5% lower as commodities reach multi-year lows. BC Iron suspended operations of Direct Shipping Ore mine. Woodside Petroleum approved natural gas development project with an estimated cost of $2.7 billion.
Dec 11, 2015 8:00 AM ET
Market indexes in India extended weekly losses and dropped to 13-week lows. Sensex is down 8.9% in the year so far and may register annual loss for the first time since 2011. MEP Infrastructure secured toll collection rights in Uttar Pradesh.
Dec 11, 2015 7:31 AM ET
The Nikkei average trimmed weekly losses to 1.4%. Prime Minister Abe starts his visit to India after the approval of a $14.7 billion project for the construction of India''s first bullet train line.