Result Page 45 for Latest Markets News & Archive

Markets

ChemChina plans to buy Syngenta for 41.7 billion francs

ChemChina is in talks to buy Syngenta AG at a price that could reach 41.7 billion francs. China National Chemical Corp plans to buy Syngenta AG at a price that could reach 41.

Nov 13, 2015 2:38 AM EST

World

$48.4 Million For 'Blue Moon' Diamond Surpasses World Auction Record

The 2.03 carat blue moon diamond smashes all records Wednesday at Sothbey's Geneva Magnificient Jewels and Noble Jewels sale.

News

Burberry’s flagship store in Hong Kong shrunk as its sales decreased

Burberry has agreed to shrink its flagship store in Hong Kong from two floors to just one as an effort to save costs and boost revenue. The company said the store is still profitable.

News

Shake Shack mulls price hike in 2016

Shake Shack is again planning to raise its menu prices in January, its third time in just 16 months. According to its CEO, the price will not be increased too much and will be only around single-digit percent.

Price Dropped as U.S. Soybean is Expecting Record High Production

USDA estimated a record high of U.S. soybean production. Corn and wheat will also produce more than expected harvest. While in Chicago Board Of Trade, crops price dropped.

Nov 12, 2015 9:57 PM EST

Beck's Beer Maker Formalized a $106 Billion Deal Acquisition of SABMiller

Anheuser-Busch (AB) InBev NV, maker of famous beer Beck's, Budweiser and Corona has formally acquired SABMiller PLC in a mega deal. The deal must have to win regulatory approvals around the world.

Nov 12, 2015 9:34 PM EST

Japan's Biggest Banks Lose Profit Due to Asia Economic Slowdown

Asia economic slowdown resulting a drop in Japanese banking sector. Three biggest Japanese banks are expected to face profit loss. Even so, the banks are still considered one of the safest global bank.

Nov 12, 2015 7:43 PM EST

Walmart workers demand expanding food discount for employees

Walmart employees sent a petition demanding the company to give employee discount on all food at all times year round. The petition is currently about 300 signatures away from its goal.

Nov 12, 2015 3:40 AM EST

Japan's first passenger jet will fly over Embraer, Bombardier market space

Mitsubishi Heavy Industries has developed Japan's first commercial airliner 'Mitsubishi Regional Jet (MRJ) and successfully completed test flight as well. With a seating capacity of 80, MRJ will have to compete with Brazilian Embraer and Canada's Bombardier.

Nov 12, 2015 3:38 AM EST

China warns WTO on its cheaper exports hard to resist

Ruling out dumping practice, China has served a notice on complaints with WTO stating that such claims need to meet high standards. As part of WTO rules, importing countries can impose anti-dumping duties on China products.

Nov 12, 2015 3:30 AM EST

Alibaba to acquire China's version of YouTube

Alibaba is set to acquire China's version of Youtube, Youku Tudou. The deal, which is worth $3.7 billion, gives the e-commerce giant access to a digital media market that is larger than the entire population of the United States.

Nov 12, 2015 3:15 AM EST

Asian stocks turn mixed, European stocks edged up

The latest economic data from China was mixed and Asian stocks also reacted in a similar way. Nikkei rose for the sixth consecutive session, while Hang Senge, SET index, and others dropped. Shanghai, Jakarta, Kospi, and Sensex were up.

Nov 12, 2015 3:14 AM EST

Colombia oil production slips below target

Colombia's oil production is slumping steeply in the wake of reduction in drilling activity, ageing oil wells and continuous drop in oil price. The Colombian government is planning to offer tax incentives to the oil industry to keep up the production.

Nov 12, 2015 3:11 AM EST

China Announces No Tough Rules For Foreign Bank Card Firms

China will not impose tough licensing restrictions on overseas bank card providers. China will not impose tough licensing restrictions on overseas bank card providers looking to enter the country's $7 Trillion card payment market, a senior central bank official claimed on Tuesday.

Nov 12, 2015 2:32 AM EST

Goldman Sachs sells 1.3 million Valeant Asset instead of allowing CEO to add collateral

Instead of adding more collateral, Goldman Sachs sold 1.3 million worth of shares from Valeant CEO Michael Pearson's share of the company on Thursday in line with his $100 loan.

Nov 12, 2015 2:18 AM EST

Dollar rally is back on support of interest-swap rates

The US dollar turned bullish now. The greenback is trading at six-month high against Euro. The two-year dollar interest rate swaps surpassed shared currency area. Higher US interest rate swaps over European rates indicate strongest possibility of interest rate hike by US Federal Reserve.

Nov 12, 2015 1:45 AM EST