Stock markets - world
Samsung sees 48% rise in Q1-17 earnings at $8.8 bn
07 Apr 2017
The $8.8bn profit forecast does not include the expected gains from its new phone, the new and improved Galaxy 8, which hits the shelves later this month
Tesla overtakes Ford Motor in market value for first time
04 Apr 2017
Tesla shot past Ford Motor Co in market value for the first time and moved close to General Motors, winning grater investor support than Detroit carmakers
EC blocks LSE's £21-bn merger with Deutsche Borse
29 Mar 2017
The European Commission has blocked the merger between LSE and Deutsche Boerse after the London exchange rejected the commission's condition for it to offload its 60-per cent stake in the Italian trading platform MTS
Toshiba to file for bankruptcy as Westinghouse losses mount to $9 bn
27 Mar 2017
Toshiba will seek shareholders’ approval for the sale of the chip unit on Thursday, while Chapter 11 filing for Westinghouse would be done by the US unit's board
eMarketer cuts Snapchat’s ad revenue by $30 mn
15 Mar 2017
Saudi Aramco's $100-bn IPO to be world's biggest ever
04 Mar 2017
Saudi Arabia is aiming to sell 5 per cent of state-run oil firm Saudi Aramco, valuing the company at $2 trillion and making it far bigger than the biggest listed companies such as Apple, Berkshire Hathaway, or Facebook
Bitcoin tops price of ounce of gold
03 Mar 2017
Snap shares set to debut after $3.4 billion IPO
02 Mar 2017
HCBC’s profits, headcount drop globally, rise in India
27 Feb 2017
UK-based banking major HSBC saw its India headcount rise by 4,000 people to reach 37,000 last year even as its worldwide workforce got trimmed by nearly 23,000 persons
VW earns $5.4 bn profit in 2016; emerges world's top automaker
25 Feb 2017
Despite the 'dieselgate’ scandal, the group delivered 10.3 million vehicles in 2016, driven by strong demand in Europe and the Asia-Pacific region, overtaking Toyota to become the world's largest carmaker
Digital currency bitcoin hits three-year peak
24 Feb 2017
Has Warren Buffet written the requiem for retail stores?
22 Feb 2017
Warren Buffett's Berkshire Hathaway recently sold $900 million of Walmart stock, leaving Buffet with nearly no shares in the brick-and-mortar retailer, even as he sings the praises of thriving online rival Amazon. By Jagdeep Worah
S&P 500 tops $20 tn in market value on Trump tax cut bets
14 Feb 2017
US equity indexes were boosted to record highs on expectations that President Donald Trump will soon announce major tax cuts, and also because fundamentals around the world are getting better
Apple tops Samsung in Q4 phone sales; Oppo, Vivo catching up
04 Feb 2017
Apple Inc has won the crucial 2016 holiday quarter as the iPhone 7 helped the company beat nearest rival Samsung in smartphone sales, according to data from IDC
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