Result Page 47 for Latest Markets News & Archive

Markets

Bargain buying creates robust US demand for gold

The August market crash and other adverse conditions in the global economy had created robust demand for the yellow metal in the US. Amercians concerned over market mayhem started buying gold bards and coins boosting the demand growth by a whopping 207 percent. during the third quarter. Equity analysts term it as bargain buying of US investors that pushed god demand spriraling up.

Nov 15, 2015 5:28 AM EST

World

US Lifts Economic Sanctions Against Liberia After Decades

The United States lifted economic sanctions against Liberia on Thursday as Prresident Barack Obama cited the country's tremendous progress and committment to democracy.

News

Drop in agriculture brings down Hungary economic growth in Q3 below forecast

The Eastern European nation Hungary's economy registered 2.3 percent growth rate during the third quarter and this was less than the forecast of 2.5 percent. The drop in agricultureal output impacted the economy, otherwise it would have been at 3%, according to the Ministry of National Economy.

News

Fossil Acquire wearable tracker fitness startup Misfit

The wristwatch maker Fossil Group as agreed to buy the fitness wearables company Misfit for $260 million. Fossil Group has its Fossil and Skagen brands, and it licenses a host of others, including Michael Kors, Diesel and DKNY are planning to enter into the fitness market.

Amazon Kindle Fire is $20 Cheaper for Black Friday

Amazon slashed the price of its Kindle Fire and Fire TV for Black Friday shopping spree. Approaching Thanksgiving, Amazon offers a great price for its Fire gadget series.

Nov 14, 2015 1:25 AM EST

Berkshire Hathaway Doubles Profit in Third Quarter

Berkshire Hathaway doubled its profit in the third quarter to $14 billion mainly due to a $4.4 billion gain from the merger between H.J. Heinz Co and Kraft Group Inc.

Nov 13, 2015 9:34 AM EST

Alibaba breaks own record for most sales in China's Singles' Day sales with 91.2 billion Yuan

Alibaba broke its own record in the China's Single’s Day shopping event with 91.2 billion Yuan sales.

Nov 13, 2015 8:41 AM EST

ChemChina plans to buy Syngenta for 41.7 billion francs

ChemChina is in talks to buy Syngenta AG at a price that could reach 41.7 billion francs. China National Chemical Corp plans to buy Syngenta AG at a price that could reach 41.

Nov 13, 2015 2:38 AM EST

$48.4 Million For 'Blue Moon' Diamond Surpasses World Auction Record

The 2.03 carat blue moon diamond smashes all records Wednesday at Sothbey's Geneva Magnificient Jewels and Noble Jewels sale.

Nov 13, 2015 2:34 AM EST

Burberry’s flagship store in Hong Kong shrunk as its sales decreased

Burberry has agreed to shrink its flagship store in Hong Kong from two floors to just one as an effort to save costs and boost revenue. The company said the store is still profitable.

Nov 13, 2015 12:39 AM EST

Shake Shack mulls price hike in 2016

Shake Shack is again planning to raise its menu prices in January, its third time in just 16 months. According to its CEO, the price will not be increased too much and will be only around single-digit percent.

Nov 12, 2015 10:55 PM EST

Price Dropped as U.S. Soybean is Expecting Record High Production

USDA estimated a record high of U.S. soybean production. Corn and wheat will also produce more than expected harvest. While in Chicago Board Of Trade, crops price dropped.

Nov 12, 2015 9:57 PM EST

Beck's Beer Maker Formalized a $106 Billion Deal Acquisition of SABMiller

Anheuser-Busch (AB) InBev NV, maker of famous beer Beck's, Budweiser and Corona has formally acquired SABMiller PLC in a mega deal. The deal must have to win regulatory approvals around the world.

Nov 12, 2015 9:34 PM EST

Japan's Biggest Banks Lose Profit Due to Asia Economic Slowdown

Asia economic slowdown resulting a drop in Japanese banking sector. Three biggest Japanese banks are expected to face profit loss. Even so, the banks are still considered one of the safest global bank.

Nov 12, 2015 7:43 PM EST

Walmart workers demand expanding food discount for employees

Walmart employees sent a petition demanding the company to give employee discount on all food at all times year round. The petition is currently about 300 signatures away from its goal.

Nov 12, 2015 3:40 AM EST

Japan's first passenger jet will fly over Embraer, Bombardier market space

Mitsubishi Heavy Industries has developed Japan's first commercial airliner 'Mitsubishi Regional Jet (MRJ) and successfully completed test flight as well. With a seating capacity of 80, MRJ will have to compete with Brazilian Embraer and Canada's Bombardier.

Nov 12, 2015 3:38 AM EST