Result Page 65 for Latest Markets News & Archive

Markets

Flat trading is not bad, stay invested

When the market is flat, investors need to bepatient until it gets momentum upwards, advise investment managers. Majority of investors turn panic when markets are nosediving and offload their stocks at worst price. Some investors tend to just be spectators of the market rise. They don't take any action missing the profit booking opportunity.

Sep 24, 2015 8:47 PM EDT

News

Indian market regulator slaps $1.1B fine on PACL Ltd

The Securities and Exchange Board of India (Sebi) has imposed a hefty penalty of $1.1B on real estate firm PACL Ltd for illegally raising money from the public- the highest fine on any company so far. The New Delhi-based real estate firm has to complete the payment of fine within 45 days.

News

Zscaler raises $25mn from Google Capital to close $110-mn round

California-based cloud security firm Zscaler has closed $110-mn round of financing. It recently secured $25mn from Google Capital. After the latest round of financing, the estimated value of the company is pegged at $1bn. Zscaler is planning to public soon.

World

Winterkorn resigns as Volkswagen CEO

Martin Winterkorn's contract as VW CEO extends until 2018 as agreed upon by the VW's supervisory board despite the controversial emissions scandal. This Friday was the scheduled formal approval.

Microsoft makes Office 2016 available worldwide

Microsoft has begun global release of its Office 2016 apps. The new suite, which includes Word, Excel, and PowerPoint, is available for download on the company's subscription service, Office 365. It is also available as one-time purchase for PC's, Macs, and mobile devices.

Sep 24, 2015 1:51 AM EDT

Indian rupee slips in 3 sessions

The rising demand for US dollars and renewed concerns about Chinese economy have impacted Indian currency Rupee in the forex market. The Rupee continued to skid against the US dollar for the three sessions in a row.

Sep 23, 2015 10:24 PM EDT

Rising home values boost American household wealth

American equity recovered from the slump of the 2009 recession. Adding to the sale of homes, couples working extend the family's purchasing power.

Sep 23, 2015 9:12 AM EDT

French court decides: UberPop officially banned in France

The French Constitutional Court rejected Uber's appeal regarding UberPop's case. The court supported the law that was passed last year, implying only professional drivers must render services in the country.

Sep 23, 2015 4:29 AM EDT

Low oil prices renders $1.5T worth of oil and gas production projects uneconomic

Some $1.5 trillion worth of new oil and gas projects wont be given a go ahead this year due to the low oil prices, according to research firm Wood Mackenzie.

Sep 23, 2015 4:16 AM EDT

2.4M applicants lined up in India for 368 low-level government jobs

2.3 million Indians scramble for 368 low-level government jobs that have tea making and bike riding as qualifications, symbolising the bad condition of India’s job market.

Sep 23, 2015 2:35 AM EDT

Tesla launches fully electric Model X crossover on Sept. 29

Tesla makes good on its promise to deliver first production Model X vehicles this month. The company says the fully electric crossover will be delivered to first customers during launch at its Fremont factory on September 29.

Sep 23, 2015 2:30 AM EDT

Decline in drilling, oil prices up

The drop in oil inventories and shut down in drilling activity for the past 3 weeks have pushed oil prices upwards. Oil crude rose 4.5% to $46.68 per barrel and US Brent price rose $48.91 a barrel on Monday.

Sep 22, 2015 6:13 PM EDT

JPMorgan CEO Dimon Says Washington Heads to Another Possible Government Shutdown

JPMorgan Chase CEO Jamie Dimon warns that Washington is headed for another government shutdown due to bad management. He said, Washington’s neglect to act on the debt ceiling crisis, immigration, and the government shutdowns have slowed down the US economic growth.

Sep 22, 2015 6:05 AM EDT

How a Fed Rate Hike Would Affect Millions of Americans

The Federal Reserve may have not pushed through with its plan to increase interest rates this year, but it is still expected to go for the rate hike later this year. Here are examples on how the possible Fed rate hike would affect the individual American.

Sep 22, 2015 5:52 AM EDT

Nielsen Encourages Marketers to Set Their Eyes on Wealthy Blacks

According to Nielsen, there is a fast growing number of affluent Black-Americans in the country and that marketers should focus their attentions on them.

Sep 22, 2015 5:31 AM EDT