Result Page 67 for Latest Markets News & Archive

Markets

Diageo Plc to Raise Stake in Guinness Nigeria Plc of up to 70%, or $200M

Diageo Plc plans to raise its stake in Guinness Nigeria Plc to 70 percent, which is a deal worth $200 million.

Sep 22, 2015 2:33 AM EDT

News

Federal Reserve leaves the interest rate unchaged, causing panic among investors

Three major U.S indexes closed lower on Friday after the Federal Reserve decision not to change the interest rates after Thursday's meeting. The decision brings concern for investors as global economic is expected to continue its declining pattern.

World

Brexit is the highlight for EU-UK talks

David Cameron and few officials have been actively meeting with European Council to seek out options best for Britain. The result whether Britain will still become an EU members or not could be known as early as next year.

News

Canadian bank sectors expected to boost payouts in 2016

Banking related stocks are expected to pay more dividend to investors by next year amidst the global economic uncertainty. However, three stocks to watch all are listed on Toronto Stock Exchange as Canada have been slowly growing even during this uncertainty period.

August crash impacts JPMorgan's trading revenues

JPMorgan Chase & Co has indicated the possible drop in trading revenues for the third quarter following the market crash in August. The bank has alo cautioned that if interest rate is inncreased then it'll cause high volatility in treasuries market. JPMorgan is expanding its retail operations network by setting up 100 new branches over next two years.

Sep 21, 2015 2:10 AM EDT

Asian shares advance as Fed keeps rates unchanged

Asian markets advanced Friday, buoyed by the US Federal Reserve's decision to keep interest rates near zero. But Japanese shares fell as the yen strengthened.

Sep 20, 2015 11:57 PM EDT

Oil price further skids on renewed global concerns

Oil prices on Friday eased further following the renewed fears about the global economy. The US central bank warned that global economy is weakening. China's economy is slowing down and growth rate is expected to be below 7% this year. Adding to this, Opec is firm on maintaining its production level. All these factors are increasing pressure on oil prices.

Sep 20, 2015 10:33 PM EDT

China growth rate may slip below 7% in Q3

The global markets witnessed major crash in August following the China's economy slow down, Yuan devaluation, discouraging manufacturing numbers, etc, Now, the markets are recovering. But, economists, fund managers caution that the party is not over. China may slip in recession in next quarter or six quarters later.

Sep 20, 2015 10:05 PM EDT

Is Russia bottoming out?

The latest Barclays' report shows that the rate of fall in the Russian economy is moderating. Real investments are also showing a sign of recovery though it was very marginal. The unemployment rate remains flat. Barclays Capital views that Russian economy is bottoming out, while economists caution that real wages were worst than forecast.

Sep 18, 2015 12:52 AM EDT

For Avon, it's better late than never

Avon stock price has declined because it refused to go with the flow of the modern day industry where a lot of businesses make use of social media and other means to promote their products to drawing customers and generate larger revenue.

Sep 17, 2015 11:05 PM EDT

Oils Prices Rallied, But Recovery Still To Take Longer

Oil Prices increased Wednesday, but Shell is not expecting recovery any time soon. Lower inventories and oil production in US petroleum supply caused a spike on oil prices Wednesday, but giant oil company Shell admitted it will still take longer before any recovery.

Sep 17, 2015 9:18 AM EDT

Sprint's bonds tumble as Moody's downgrades US wireless major

The US wireless major Sprint backed bonds tumbled in the market following the downgrade by Moody's, which sees increasing burdeng of debt maturities, brutal competitions and lack of operational stability for the third largest US wireless company.

Sep 17, 2015 8:29 AM EDT

Sprint's iPhone plan, better than other US carriers

In a wireless world full of competition it leaves Sprint with no choice but to think of a smart strategy to outwit others. So far, Sprint has the best deal compared with other carriers, but who knows what will happen next with the price war still looming around.

Sep 17, 2015 8:14 AM EDT

Rise in low-income jobs makes the job easier for Fed in rate hike

The market analysts, economists say that current situation is favoring the US Fed to take a decision on interest rate hike. The improvement in labor market in low-income jobs is giving much needed support to the US Fed.

Sep 16, 2015 9:29 PM EDT

N series reflects Hyundai's years of World Rally Championship car racing and testing

Hyundai introduces N sub brands among its newest vehicles at the Frankfurt International Motor Show 2015. Hyundai said the new series is the result of their participation in WRC for years. The N 2025 Vision Gran Turismo were highlighted It was exclusively designed for PS3.

Sep 16, 2015 11:09 AM EDT

IPhone 6S and 6S Plus to exceed last year sale; Apple opened high in the stock market

Apple's iPhone 6S and 6S Plus are projected to exceed last year's sale of 10 million units worldwide. Analysts also watch Apple as it goes four week high in the stock market.

Sep 16, 2015 2:22 AM EDT