Result Page 42 for Latest Markets News & Archive

Markets

Uber Recruits Three More Bankers to Join The Tech Company

Three bankers are leaving Goldman Sachs to join Uber tech company. They are the latest of Wall Street bankers departed to Silicon Valley.

Nov 27, 2015 12:56 AM EST

News

Oil prices marginally slip on glut, bleak outlook

The concerns about the geopolitical tensions in the Middle East faded out as oil price marginally eased after gaining for six sessions. Brent and the US crude oil futures were flat ahead of the US Thanksgiving holiday.

News

Nickel makers explore ways to weather lower prices

Suffering from 12-year low price levels, nickel makers are planning to slash production and supply levels to boost the prices. The slowdown in China's economy is impacting the most nickel consumption and its price. Nickel manufacturers are considering several options on how to propel the price and sustain the current adverse conditions.

World

Herbalife Comes Out Clean Against the “Pyramid Scheme” Lawsuit By Oklahoma Funds

The CEO of Herbalife wins the lawsuit filed against him by the Oklahoma Funds. This lawsuit is not related to the Ackman case filed.

Lufthansa cabin crew union calls off strike

The main cabin crew union (UFO) at Lufthansa airline has called off a labor strike which lasted until 13 November, registered as the longest strike in the history of the German airline. The management has agreed to extend basic retirement and pension benefits to staff. The next meeting is scheduled on 2 December. In addition to UFO, two other unions will also take part in discussions with the management.

Nov 26, 2015 4:01 AM EST

Sluggish PC, printer sales push HP profit forecast lower

The sluggish sales in PCs and printers is impacting Hewlett-Packard Co's financial performance. The company on 1 November 2015 split into two entities-- HP Inc and Hewlett Packard Enterprise Co (HPE). HP Inc lowered profit forecast for the first quarter as it recorded profits below the market expectations during the third quarter.

Nov 26, 2015 3:00 AM EST

The Polaris Slingshot Is A Thrilling Three-wheeled Roller-Coaster Track Ride

The European and Canadian companies were having fun until American companies decided to join the three-wheeler ring by unveiling Polaris Slingshot three-wheeler, a thriller roller-coaster track ride. Now, with Slingshot, being stable yet adventurous is possible at a time.

Nov 26, 2015 2:28 AM EST

U.S Government Is Putting Huge Effort To Pace Up With The Surging Demand Of Weapons

The demand of weapons and firearms are growing rapidly around the globe. U.S government is trying their best to keep up with the rising demand of arms sales.

Nov 26, 2015 2:20 AM EST

Turing Pharmaceuticals Won't Cut Price of Daraprim

Turing Pharmaceuticals announced it will not reduce the price of Daraprim, after it has raised the price more than 5,000% in September.

Nov 26, 2015 1:28 AM EST

Carl Icahn picks 7.13% in Xerox, says it's undervalued

Billionaire investor Carl Icahn picked 7.13 percent stake in Xerox Corp paving his way to the company's board. Icahn gave a statement that Xerox shares are undervalued as the stock fell over 20 percent this year so far.

Nov 25, 2015 3:50 AM EST

Despite easing foreign trade, Russian markets turn attractive

Ever since the imposition of economic sanctions, the Russian economy is suffering from weakening foreign trade. Exports and imports, move steeply, only to drop during January-September period. Despite the rise in oil and natural gas exports, the oil price drop in dollar value is eroding the gains.

Nov 25, 2015 3:47 AM EST

U.S. Finds Evidence of Bribery in Wal-Mart Operation in Brazil

U.S. authority investigates potential foreign bribery by Wal-Mart Stores Inc in its Brazil operations. The investigation unearthed some evidences.

Nov 25, 2015 3:17 AM EST

SoundClound Commercialization Disappoint Its Loyal Users

Commercialization has created trouble for SoundCloud's loyal users. Its confusing copyright policy made users lost their tracks stored in SoundCloud.

Nov 25, 2015 3:10 AM EST

Oil Price Crash Sparks OPEC's Revolt Against Saudi

Saudi Arabia keeps increasing its oil production resulting crash of crude oil price. This sparks revolt of OPEC members against the leading oil producer.

Nov 25, 2015 2:53 AM EST

Alibaba's Jack Ma eyes South China Morning Post

Alibaba Group's founder Jack Ma is in talks to buy a stake in the publisher of Hong Kong’s South China Morning Post. The move is similar to Amazon's Jeff Bezos who tries to revive the traditional newspaper in current digital age.

Nov 25, 2015 2:36 AM EST

Oil supply glut creating traffic jams at sea

The rising levels of oil inventories are resulting in more supplies and this is creating traffic jams of tankers on the seas shores and along the US Gulf Coast. The floating storage of crude oil rose three times. A number of oil tankers are queuing up waiting for offloading.

Nov 25, 2015 2:20 AM EST