Result Page 74 for Latest Markets News & Archive

Markets

Newscred to go beyond content marketing with new $42M fund

Newscred shares plans to develop software for content marketing with its newly raised funds from previous investors.

Sep 03, 2015 12:19 AM EDT

Markets

BNY Mellon worked overtime to fix pricing glitch, now back to normal

BNY Mellon’s CEO said they will fix the computer glitch that affected the pricing of U.S. mutual funds and exchange-traded funds before markets open on Monday. Fortunately, it is back to normal now.

World

Led by US, foreign investors hold 54% of UK stock market

The US investors hold majority share of 46% in the toal foreing ownership of 54% in the UK stock market in 2014, according to a latest data from Office for National Statistics (ONS). Pension funds' share in foreign ownership drastically fell to 3 percent.

Markets

Fiat Chrysler to transfer Jeep Cherokee production out of Ohio

Fiat Chrysler Automobiles will move the production of its Cherokee out of its current Toledo, Ohio to prepare for the production of the new redesigned pickup Wrangler.

Eric Rosengren hints at gradual rise in rates

Boston Fed President Eric Rosengren opines that low inflation rate would help government keep interest rates at lower level. He also hinted that US Fed might go for interest rate hike in a gradual manner and it might happen now or after few months.

Sep 03, 2015 12:02 AM EDT

US construction spending at 7-year high

The latest data from the US Commerce Department reveals that construction spending grew 0.7 percent to $1.08 trillion showing seven-year high. the construction spending has been growing for the past eight months continuously.

Sep 02, 2015 11:54 PM EDT

Defective Takata airbags count lower than estimate

Original count of defective airbag inflators higher than NHTSA count due to double counting. This number covers 11 different car manufacturers and is much lower than the original estimate of 34 million. Around 4 million airbags need repair and 19 million vehicles are involved in the recall.

Sep 02, 2015 5:28 AM EDT

McDonalds McMuffins will be available all day long starting October 6

McDonald's gave in to 120,000 customer requests to serve breakfast items all day. For a few months, McDonald's has been hearing customers saying how much they wanted to have an Egg McMuffin not only for breakfast but any time of the day.

Sep 02, 2015 3:42 AM EDT

Valeant partners with AstraZeneca for psoriasis drug

AstraZeneca and Valeant Pharmaceuticals share rights to latest psoriasis drug brodalumab in a deal amounting to more than $400 million.

Sep 02, 2015 3:21 AM EDT

Canada slides into recession as oil prices dip

Canada is now officially in a recession after registering two consecutive quarters of negative growth. The oil exporting economy was particularly hit hard by slumping oil prices, which are now half their level last year.

Sep 02, 2015 3:17 AM EDT

Keep calm: Intelligent Energy can make iPhone batteries last for a week

Intelligent Energy which is a British hydrogen fuel cell maker and a green energy company said it's not theoretical, far-off dream and claimed to have built a battery that definitely fits an iPhone6 and requires no charging of up to seven days.

Sep 02, 2015 3:05 AM EDT

Teen retailer Forever 21 turns to outside investors for $150M loan

Forever 21 see slumps in sales and profit due to its push to larger space stores. It now resolves to get a $150 million loan from outside investors for aide.

Sep 02, 2015 12:01 AM EDT

What's distracting China: Economy or market sell-off?

The difference in downfall among Chinese and other global markets indicates that the dragon country is suffering more from economy point of view. The real problem for China is not market sell-off, but its domestic economy challenges.

Sep 01, 2015 11:44 PM EDT

Gear up for China growth slowdown, IMF tells emerging nations

International Monetary Fund's (IMF) Managing Director Christine Lagarde said the world should brace up for China's economy slowdown. IMF further said that gwoth will be moderate and below its previous forecast made two months ago.

Sep 01, 2015 11:34 PM EDT

More accounting errors delay Toshiba's annual forecast

Several discovered new errors inhibit Toshiba from closing its books and announcing its annual revenue. CEO accepts accountability and will resign voluntarily if dealine is not met.

Sep 01, 2015 11:22 PM EDT