Result Page 50 for Latest Markets News & Archive

Markets

Toshiba intends to offload $7B US gas commitment

Toshiba is in a hurry to offload its 20-year commitment on LNG imports as much as possible as it becomes unviable for the electronics major. The total liquefaction charges will be $7.4 billion for Toshiba over 20 years.

Nov 09, 2015 1:24 AM EST

Markets

Two Fed officials say rate hike likely next month

Fed Chairperson Janet Yellen and another senior official of the central bank see interest rates going up next month. But they say that will depend upon incoming economic data.

Markets

Nvidia clocks 42% growth in EPS in Q3

Graphics processor maker Nvidia has posted 42 percent growth in earnings per share (EPS) of 44 cents a share during the third quarter ending October 2015 from 31 cents in the previous corresponding quarter.

Markets

Xiaomi sold 1 million smartphones in India

Xiaomi reported 1 million handsets sales during the third quarter in India, its second biggest market.

German Industrial Production down 1.1%

German industrial output surprisingly declined to 1.1 percent month-on-month for the third quarter, opposite to economists’ projection of a 0.5 percent increase.

Nov 08, 2015 10:49 PM EST

Ugg new classic slim boots collection landed in 'Oprah's favourite things' list

After the low-graph of its previous Ugg classic collection, Ugg company has launched its new Kristen-style classic slim collection. other than being comfortable and stylish, the new collection has been listed in 'Oprah's favourite things'.

Nov 08, 2015 7:54 PM EST

Merck, Eli Lilly Probed for Alleged Drug over Pricing

Drug makers Merck & Co, Valeant Pharmaceuticals International, and Eli Lilly & Co are being investigated by The Justice Department for alleged over pricing.

Nov 08, 2015 7:34 AM EST

China and India gaining $3T from consumer electronics

China and India are leading the consumer electronics market's almost $3 trillion increase from 2015 to 2020 due to its massive population, according to Future Market Insights' report Thursday.

Nov 08, 2015 6:34 AM EST

Strong Payrolls Raise Retailer Expectations for the Strongest Sales Season

As US job growth soars accompanied by strong payrolls increase, retailers are more hopeful as they approach the strongest sales season. Higher wages means consumers will spend more.

Nov 08, 2015 6:07 AM EST

Strong U.S. Jobs Report Increase Possibility for Fed Rate Hike December

US job growth surged with 271,000 more jobs and unemployment rate dropped 5.0 percent increasing the possibility of the Fed rate hike in December.

Nov 08, 2015 5:49 AM EST

Increased Marijuana Tax Will Shoulder College Education

Marijuana tax will pay for the college scholarships of high school graduates in Pueblo County, Colorado by 2017.

Nov 08, 2015 4:56 AM EST

Facebook Revenue Soars and Shares Rise to All Time High in Q3

Facebook announced their successful result in Q3 of higher revenue than expected. The result also raise its share to all time high.

Nov 07, 2015 6:27 AM EST

Shanshui Cement says it can't repay onshore debt

China Shanshui Cement expresses uncertainty in paying its onshore debt during its stock exchange filing due to its present cash position and its inability to raise enough funds.

Nov 07, 2015 5:32 AM EST

Uber Expected To Roll Out A Huge Expansion In China

Uber is planning to expand itself in around China's dozens of cities along with billions of investment in a country all of this happening within a year.

Nov 07, 2015 4:45 AM EST

Sweden industrial orders increased 32.8%

Sweden experiences industrial boom as orders increased by a whopping 32.8 percent in September due to very large orders on the export markets for transport equipment.

Nov 07, 2015 2:28 AM EST