Stock markets - world

GE sees profit surge as Immelt bets big on new 'Industrial Revolution'

17 Dec 2015

World’s biggest pension fund loses $64 bn on stock rout

World’s biggest pension fund loses $64 bn on stock rout

01 Dec 2015

The fund’s decision last year to invest about 50 per cent in equities, as part of Prime Minister Shinzo Abe’s economic reforms, to generate higher returns for the country’s rapidly growing pension bill, recoiled on it

Fund-starved infrastructure firms look at masala bond option to raise funds overseas

23 Nov 2015

Sprint to raise about $1.1 bn in cash through sale and lease-back deal

21 Nov 2015

Volkswagen to cut 2016 capex by $1.1 bn to fix emission flaws

Volkswagen to cut 2016 capex by $1.1 bn to fix emission flaws

21 Nov 2015

Volkswagen, which braces for a multi-billion-euro hit from its emissions cheating scandal, is set to provide detailed plans to fix vehicles that do not comply with US emissions standards

Rolls-Royce sees ‘very tough’ 2016, profits expected at lower end of expectations

14 Nov 2015

Manipulator uses Twitter to pull off $1.6-mn stock scam: US jury

06 Nov 2015

Hyatt in talks to buy larger peer Starwood Hotels

06 Nov 2015

Singapore Airlines to buy remaining of Tiger Airways

06 Nov 2015

BASF puts $540 mn steel coatings business for sale

BASF puts $540 mn steel coatings business for sale

06 Nov 2015

The German chemical company has hired HSBC in helping with the sale process and has opened its steel coatings business books to five industrial players who have shown interest

Toyota half-year profit rises nearly 12%

Toyota half-year profit rises nearly 12%

06 Nov 2015

Despite a decline in global vehicle sales, Japanese auto giant Toyota Motor Corp reported encouraging results for the first half-year ended September, posting a 11.6-per cent jump in net income and 8.9-per cent in revenue compared to the same period last fiscal year

Toshiba bracing for huge first half operating loss

05 Nov 2015

Facebook notches another quarter of record revenues

Facebook notches another quarter of record revenues

05 Nov 2015

Stepping up its mobile-adevertising efforts has paid off for Facebook, though most of its revenue continues to come from the US and Canada rather than Asia-Pacific

Trader convicted in first US spoofing case

04 Nov 2015

Euronext to provide sentiment analysis

03 Nov 2015

Sprint to cut fiscal 2016 expenses by $2.5 bn

02 Nov 2015

French drug maker Sanofi recalls epinephrine injectors

02 Nov 2015

HSBC pre-tax profit up 32% at $6.1 bn

02 Nov 2015

Samsung announces $10-bn buyback

Samsung announces $10-bn buyback

29 Oct 2015

Samsung will tap into its $50-billion cash pile to buy back shares and invest in its components business

Volkswagen posts first loss in 15 years after diesel scandal

Volkswagen posts first loss in 15 years after diesel scandal

29 Oct 2015

Scandal-hit German auto giant Volkswagen AG reported yesterday its first quarterly loss in 15 years after keeping  a €6.7-billion provision for liabilities related to the emission cheating in its diesel engines

Apple’s quarterly net profit vaults 31% to $11.1 bn

Apple’s quarterly net profit vaults 31% to $11.1 bn

28 Oct 2015

Apple’s iPhone sales rose 22 per cent year-on-year to $51.5 billion helped in large measure by booming China sales

Comcast to recast non-voting K shares into common stock

27 Oct 2015

Intercontinental Exchange to buy financial data firm Interactive Data for $5.2 bn

26 Oct 2015

Alphabet’s Q3 net vaults over 45% to $3.98 bn

Alphabet’s Q3 net vaults over 45% to $3.98 bn

23 Oct 2015

Alphabet, the holding company of the restructured Google, reported 13 per cent increase in revenues at $18.68 bn and said it will announce financial results for each division beginning next quarter

Stocks gain as ECB signals more stimulus, China cuts rates further

23 Oct 2015