Stock markets - world
VW earns $5.4 bn profit in 2016; emerges world's top automaker
25 Feb 2017
Despite the 'dieselgate’ scandal, the group delivered 10.3 million vehicles in 2016, driven by strong demand in Europe and the Asia-Pacific region, overtaking Toyota to become the world's largest carmaker
Digital currency bitcoin hits three-year peak
24 Feb 2017
Has Warren Buffet written the requiem for retail stores?
22 Feb 2017
Warren Buffett's Berkshire Hathaway recently sold $900 million of Walmart stock, leaving Buffet with nearly no shares in the brick-and-mortar retailer, even as he sings the praises of thriving online rival Amazon. By Jagdeep Worah
S&P 500 tops $20 tn in market value on Trump tax cut bets
14 Feb 2017
US equity indexes were boosted to record highs on expectations that President Donald Trump will soon announce major tax cuts, and also because fundamentals around the world are getting better
Apple tops Samsung in Q4 phone sales; Oppo, Vivo catching up
04 Feb 2017
Apple Inc has won the crucial 2016 holiday quarter as the iPhone 7 helped the company beat nearest rival Samsung in smartphone sales, according to data from IDC
Reliance planning $2.5 bn overseas debt issue to fund Jio expansion
23 Jan 2017
Reliance Jio Infocomm Ltd is planning to issue rights shares to raise resources for a planned Rs30,000 crore (about $4.4 billion) network expansion to boost coverage and increase capacity
Toshiba books loss on its US nuclear operations
27 Dec 2016
Chinese bourses set to acquire 40% in Pakistan Stock Exchange
23 Dec 2016
The consortium of buyers include China Financial Futures Exchange Company, the Shanghai Stock Exchange and the Shenzhen Stock Exchange besides local FIs Pak-China Investment Company and Habib Bank
Italy plans $21-bn bailout of banks as investors snub Paschi
23 Dec 2016
Under the recapitalisation plan, a major part of the holdings of these banks’ government bonds will be converted to equity, in what would be a partial nationalisation
Apple grabs 91% share of all smartphone profits globally
23 Nov 2016
According to a top analyst, Apple continues to generate monster profits due to its ability to maximize pricing and minimize production cost, leaving its closest rivals – all Chinese firms - a long way behind