Result Page 74 for Latest Markets News & Archive

Markets

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

World

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.

Markets

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.

Markets

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.

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

Despite poor stock market performance, good things are on the horizon for Twitter, said analyst

Despite its low performance in the stock market, analysts is optimistic that Twitter is headed somewhere good due to a few important factors.

Sep 01, 2015 11:21 PM EDT

August is over - Worst Month for Dow but decline may continue until September

August was not a good month for the stock market as it experienced declines. Stock Market drops may continue in September.

Sep 01, 2015 10:43 PM EDT

China-based Internet entrepreneurs back Tesla rival NextEV

Wealthy Internet entrepreneurs and investors invested in a China-based electric car manufacturer NextEV. The investors hired ex-Ford Motor Co executive Martin Leach to create a global automaker.

Sep 01, 2015 10:17 PM EDT

Global central bankers ready for US rate hike - Reuters

Central banks around the world want a Fed rate hike, sooner rather than later, according to Reuters. But, considering developments in the domestic and international fronts, Fed officials say it's too early to tell whether they would raise interest rates this month.

Sep 01, 2015 9:56 PM EDT

Walmart reduces working hours at some stores after raising pay, thus raising cost

Walmart cuts working hours on 4,600 stores. Reports said this is due to Walmart's $1B lost when the retail company increases its workers' wages last April.

Sep 01, 2015 5:18 AM EDT

Oil price up 27% in just 3 sessions; OPEC agrees on a fair price deal

Oil price recovered as two sets of news made it positive for the energy sector. Opec says it'll try to get a fair price deal by speaking to other oil producers. The cut down in US Eenrgy production forecast also boosted the market sentiment. Oil price rose 27% in just last three sessions.

Sep 01, 2015 4:47 AM EDT