Result Page 63 for Latest Markets News & Archive

Markets

French court decides: UberPop officially banned in France

The French Constitutional Court rejected Uber's appeal regarding UberPop's case. The court supported the law that was passed last year, implying only professional drivers must render services in the country.

Sep 23, 2015 4:29 AM EDT

Markets

Low oil prices renders $1.5T worth of oil and gas production projects uneconomic

Some $1.5 trillion worth of new oil and gas projects wont be given a go ahead this year due to the low oil prices, according to research firm Wood Mackenzie.

World

2.4M applicants lined up in India for 368 low-level government jobs

2.3 million Indians scramble for 368 low-level government jobs that have tea making and bike riding as qualifications, symbolising the bad condition of India’s job market.

Markets

Tesla launches fully electric Model X crossover on Sept. 29

Tesla makes good on its promise to deliver first production Model X vehicles this month. The company says the fully electric crossover will be delivered to first customers during launch at its Fremont factory on September 29.

Decline in drilling, oil prices up

The drop in oil inventories and shut down in drilling activity for the past 3 weeks have pushed oil prices upwards. Oil crude rose 4.5% to $46.68 per barrel and US Brent price rose $48.91 a barrel on Monday.

Sep 22, 2015 6:13 PM EDT

JPMorgan CEO Dimon Says Washington Heads to Another Possible Government Shutdown

JPMorgan Chase CEO Jamie Dimon warns that Washington is headed for another government shutdown due to bad management. He said, Washington’s neglect to act on the debt ceiling crisis, immigration, and the government shutdowns have slowed down the US economic growth.

Sep 22, 2015 6:05 AM EDT

How a Fed Rate Hike Would Affect Millions of Americans

The Federal Reserve may have not pushed through with its plan to increase interest rates this year, but it is still expected to go for the rate hike later this year. Here are examples on how the possible Fed rate hike would affect the individual American.

Sep 22, 2015 5:52 AM EDT

Nielsen Encourages Marketers to Set Their Eyes on Wealthy Blacks

According to Nielsen, there is a fast growing number of affluent Black-Americans in the country and that marketers should focus their attentions on them.

Sep 22, 2015 5:31 AM EDT

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

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.

Sep 22, 2015 2:30 AM EDT

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.

Sep 21, 2015 11:04 PM EDT

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.

Sep 21, 2015 10:59 PM EDT

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