Stock markets - world
Dyson revenue surges on demand in Asia
01 Mar 2018
Spotify Technology to list shares on NYSE
01 Mar 2018
Germany sits up as Li Shifu’s Geely becomes Daimler’s biggest shareholder
27 Feb 2018
Germany says it will remain "watchful" of Chinese carmaker Li Shifu-founded Geely after it became the biggest investor in Mercedes-Benz owner Daimler with a $9-bn stake. Geely Holding Group already owns Volvo Cars AB and last year it took an almost $4-billion stake in truckmaker Volvo AB. It also owns London Taxi and controls British sports-car maker Lotus Cars
Bangladesh bourse rejects NSE-led bid, opts for Chinese partners
21 Feb 2018
The Dhaka Stock Exchange has decided to sell a 25-per cent stake to a Chinese consortium, rejecting a rival bid by India’s NSE and Nasdaq of the US – though reports say the deal in not final and India still harbours hopes
Subscription model pays as New York Times reports strong quarter and year
10 Feb 2018
Shares of the owner of what President Donald Trump continues to call a "failing" newspaper have climbed about 20 per cent this year as online subscriptions grew even as advertising fell
Investor Jim Rogers sees mother of all downturns looming
09 Feb 2018
Veteran investor Jim Rogers, 75, says the next bear market in stocks will be more catastrophic than any other market downturn that he’s lived through – mainly because more debt has accumulated in the global economy since the global financial crisis of 2008
Cryptocurrency a bubble, values could fall to zero: Goldman Sachs
08 Feb 2018
Comparing cryptocurrencies to the internet bubble of the late 1990s, one of Goldman Sachs’ most senior researchers warns that they don't have "intrinsic value" and none of today's digital currencies are likely to survive
Indian bourses continue free fall on Wall St cues, LTCG fears
06 Feb 2018
The Sensex and Nifty felt the ripples of a global rout after Wall Street suffered its biggest decline since 2011 on Monday, adding to the losses triggered by the announcement of the Long Term Capital Gains Tax
BigBasket raises $300 mn from investors led by Alibaba
03 Feb 2018
BigBasket, operated by Supermarket Grocery Supplies Pvt Ltd, has raised $300 million in a Series E funding round led by Alibaba Group Holding Ltd with Sands Capital, International Finance Corp and Dubai-based Abraaj Capital
Flipkart’s losses widen to Rs8,771 cr despite 29% rise in revenue
03 Feb 2018
Flipkart Ltd, the Singapore parent of online retailer Flipkart, has reported a loss of Rs8,771 crore ($1.4 billion) for the financial year ending March 2017, even as revenues rose by 29 per cent to Rs19,854 crore
Bitcoin down 15 per cent to lowest for the year
02 Feb 2018
Amazon posts record $2bn profit as Prime membership soars
02 Feb 2018
Growing membership of its Prime fast-shipping and video streaming club and the new US tax laws helped Amazon.com outperform its peers like Alphabet Inc’s Google and Microsoft