Result Page 34 for Latest Markets News & Archive

Markets

Wynn Resorts founder bought 1 million on own stock

After Wynn Resorts founder Steve Wynn bought an additional 1 million of the company’s shares, the shares of Wynn went up 15 percent Wednesday.

Dec 10, 2015 10:18 AM EST

Markets

German Exports Drops Bigger than Predicted by Experts

Exports from Germany dropped 1.2 percent on the month in October after a strong gain the previous month — a sharper decline than economists had expected.

Markets

Crude oil, industrial metals further collapse signals another economic depression

Prices for crude oil and other precious metals continue to go down during the recent days, pointing to possible economic depression.

Markets

Japan's economy increased 1 percent, not down 0.8 percent, says Cabinet Office

The Japanese government's Cabinet Office that the country's economy increased 1 percent, which is a complete turn around from its previous report of a 0.8 percent drop.

HSBC to repackage global loan into bonds to increase profits

HSBC is repackaging its loans sold in Asia, Africa and the Middle East into bonds to increase its investment banking profits as pre-crisis regulations has made it more expensive to earn in the loan business.

Dec 10, 2015 3:03 AM EST

Valeant weighs to sell contact lens maker Paragon amid FTC investigations

Valeant is considering to sell its Paragon as the FTC is investigating the drug maker's monopoly in the gas permeable contact lens market. Valeant has been hiking prices the Paragon's products after the company acquired the contact lens manufacturer earlier this year.

Dec 10, 2015 3:00 AM EST

China's capital outflows tripling in November

China has been suffering from the increasing capital outflows, which tripled in November to $113biillion in November from $37 billion in October. The concerns about further depreciation in Yuan were the prime reasons behind the surge in capital outflows. The weaker Yuan will add competitiveness to exports, opine some economists.

Dec 10, 2015 1:57 AM EST

Airbnb confirms $1.5 billion fund raising round

The US-based home-sharing startup Airbnb has confirmed that it closed $1.5 billion fund-raising round in a filing to SEC. The latest round puts Airbnb's valuation at $25 billion. The home sharing services provider boosted its forecast for revenues to $900 million for 2015. Airbnb is planning to expand globally.

Dec 10, 2015 1:35 AM EST

Catholic Church Prelate Suggests Birth Control can be the Ultimate Solution to Climate Change

Have you ever thought that birth control or so-called family planning can help control climate change? Believe it or not, the truth is the larger the population will be, the tougher the life will become. Hence, Church authorities decided to join UN climate change meet to raise the voice.

Dec 10, 2015 12:40 AM EST

Aging population a drag on US labor force growth

With the number of ageing Americans increasing, the employment growth rate will be under pressure in the 2014-2024 decade, according to the US Labor Department. The US economy may generate 9.8 million jobs during the decade, but the work-age population growth is slowing down.

Dec 09, 2015 10:37 PM EST

Air France suffers €50-million loss after terror attacks on Paris

Air traffic was drastically hit by the terrorist attacks on Paris in November. Air France-KLM is believed to have suffered €50-million revenue loss for the month. However, the French-Dutch group is optimistic about recovery by the end of December 2015.

Dec 09, 2015 10:33 PM EST

Civil suits vs Volkswagen will be heard in California

Hundreds of civil lawsuits against Volkswagen will be heard by a federal judge in California. The decision was made by a judicial panel despite a push from the automaker and the federal government to send the cases to different states.

Dec 09, 2015 9:23 PM EST

XSTAT-30 Gets FDA Clearance to Heal the Gunshot Injury Within Seconds

The XSTAT 30 is a special device created to offer instant treatment to the citizens during severe bleeding, shock, and trauma. The FDA has approved its use for civilians which were earlier used for the military purposes.

Dec 09, 2015 7:52 AM EST

HondaJet is Waiting for FAA Approval for Production This Week

After years in the making, HondaJet is now awaiting final process of full certification to enter the market. This will be the first of Honda Jet aircraft series.

Dec 09, 2015 7:45 AM EST

Target Launches the Future of Retail with the First Ever Cartless Shopping

An introduction of the first ever cartless shopping by Target in their Wonderland store situated in downtown Manhattan. This is an all new set up to help the customers with a trouble free shopping.

Dec 09, 2015 4:32 AM EST

Bewildered Police found Thousands of Euros Floating in Danube River

A mystified case happened in Vienna, Austria when some bystanders reported to the police about a boy jumping into the river Danube. Police were baffled to find out that the boy was actually trying to save more than 100,000 euro banknotes floating in the river water.

Dec 09, 2015 1:00 AM EST