Stock markets - world
Facebook shares rise 17% to record $62.50 on increasing ad revenue
31 Jan 2014
Facebook Inc reached a key milestone last quarter with over half of its advertising revenue coming from mobile devices
Samsung posts first profit decline in two years
24 Jan 2014
Microsoft posts better-than-expected results for fiscal 2Q
24 Jan 2014
The software giant’s quarterly profit was boosted by strong sales of its software and services for businesses
Carl Icahn raises stake in Apple to $3 bn
23 Jan 2014
Billionaire investor Carl Icahn has increased his stake in US technology giant Apple Inc by $500 million to $3 billion pressurising the company to return more wealth to its shareholders
Unilever full-year turnover falls
21 Jan 2014
Hedge funds manipulate stock prices: research
17 Jan 2014
Some hedge funds manipulate stock prices at the end of the month to improve the returns that they report to their investors, suggest a new study by Itzhak Ben-David, an author of the study and assistant professor of finance at Ohio State University’s Fisher College of Business
Bank of America’s profits rise five-fold
16 Jan 2014
Bank of America , the second-largest US lender, posted net income of $3.4 billion in the fourth quarter, up from $732 million a year earlier
US approves SGX as Asia’s first derivatives clearing house
31 Dec 2013
SGX offers its clients the world's biggest offshore market for Asian equity index futures, centred on Asia's three largest economies - China, India and Japan
Facebook and banks to face lawsuit over IPO
20 Dec 2013
Social networking site Facebook and dozens of banks must face a lawsuit for misleading investors at the time of its IPO, a US judge has ruled
Hilton serves up a surprise in market debut
14 Dec 2013
Hilton IPO raises $2.34 bn
12 Dec 2013
Hilton Worldwide Holdings Inc, the luxury hotels chain bought by private equity firm Blackstone Group LP in 2007, yesterday raised $2.34 billion in its initial public offering, making it the biggest floatation by a hotel company
Hilton Worldwide to raise $2.4 bn in biggest hotels IPO
03 Dec 2013
The luxury chain's public offering is the biggest floatation by a hotel company
Chrysler IPO delayed to 2014: Fiat
27 Nov 2013
Nasdaq briefly tops 4000 after 13 years
26 Nov 2013
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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