Stock markets - world

Rio Tinto’s H1 profit more than doubles to $3.94 bn

02 Aug 2017

The Ango-Australian mining giant rewarded shareholders with a bumper dividend totalling $2 billion and an additional share buyback of $500 million, taking total payout to $2.5 billion

Facebook posts $3.89 bn Q2 profit as mobile ad revenues swell

27 Jul 2017

Facebook’s revenue for the second quarter ended 30 June 2017, rose 45 per cent to $9.32 billion, from $6.43 billion in the same period a year earlier

Shell's second quarter net profit rises to $1.9 billion

27 Jul 2017

Shell, Europe's largest oil firm, saw its second quarter net profit (on a current cost of supplies basis) rise 245 per cent to $3.6 billion against $1 billion for the second quarter of 2016

SEC to clamp down on initial coin offerings

26 Jul 2017

Alphabet Q2 net at record $3.5bn despite Google's $2.7bn EU fine

25 Jul 2017

Google's parent Alphabet, which derives most of its revenues from Google ads, saw it rising 18.4 per cent to $22.67 billion during the April-June 2-017 quarter

SAP Q2 revenues up 5% at €1.09 bn as cloud bookings rise 33%

21 Jul 2017

IBM banks on `strategic imperatives’ despite 21 quarters of revenue fall

19 Jul 2017

Nike to launch pilot programme with Amazon

30 Jun 2017

Probe gives Infosys clean chit in Panaya, Skava acquisition cases

24 Jun 2017

Infosys reaches $1-mn settlement with New York in visa case

24 Jun 2017

Infosys has reached a settlement for $1 million with the state of New York in a visa-related case, even though the company maintained it committed no wrongdoing and the probe was centred on alleged paperwork errors

Tata Motors’ JLR arm denies reports of listing, IPO

20 Jun 2017

Cryptocurrency Ethereum price hits record high, rising over 5,000% since start of the year

14 Jun 2017

Brussels seeks to control post Brexit euro clearing

13 Jun 2017

Infosys warns of risks from ‘activist shareholders’ in SEC filing

13 Jun 2017

Although the company has not named any names, it is widely perceived that some moves by its founders like N R Narayana Murthy clearly fall in the area of activism

After Amazon, Google shares hit record $1,000

06 Jun 2017

Alphabet, the parent company of Google, now has a market value of about $680 billion, which takes the net worth of its founders Larry Page and Sergey Brin to nearly $50 billion each

Amazon shares hit $1,000 for the first time

31 May 2017

The stock price takes Amazon’s market value to about $478 billion, double that of the world's biggest traditional retailer Wal-Mart, while the value of a $1,000 investment on Amazon's first day of trading in 1997 exceeds $500,000 today

Huntsman, Clariant to merge into a $20bn chemicals giant

22 May 2017

With a combined enterprise value of $20 billion, HuntsmanClariant would offer a wide array of chemicals such as polyurethanes, pigments, automotive fluids, additives and resins that are used across industries ranging from aerospace to agriculture to household-cleaning.

Merck KGaA mulls splitting into three companies

17 May 2017

German diversified conglomerate Merck KGaA is mulling shifting its chemicals, healthcare and biotech supplies operations into separate entities next year so that the three business units could be better managed

Vodafone plunges to $6.7-bn annual loss, hurt by India operations

16 May 2017

NHAI to raise Rs 3,000-cr from Masala bond issue on LSE

13 May 2017

Apple tops $800-bn market cap, looks set to cross $1-trillion mark

10 May 2017

Apple accounts for about 4 per cent of the $21.7 trillion market cap of the entire S&P 500 index and if the company continues on its growth path, it would top the $1 trillion market cap later this year