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News by: Himanshu Singh

Sunday Papers: Shell faces $30bn battle to sell assets after BG deal

by Himanshu Singh on Feb 14, 2016 at 03:27

And major central banks tear up interest rate plans as market turmoil forces them into reverse.

Saturday Papers: Uber picks up $200m from Fridman

by Himanshu Singh on Feb 13, 2016 at 03:44

And the Independent is closing its daily and Sunday newspapers, ending their 30-year spell as campaigning voices in UK media.

Overnight Markets: Banking stocks drag Wall Street lower

by Himanshu Singh on Feb 12, 2016 at 02:51

Stocks pared losses late in the session after reports OPEC was ready to cooperate on crude oil production cuts, citing the UAE energy minister.

Friday Papers: L’Oréal’s luxury arm spurs 9% sales rise

by Himanshu Singh on Feb 12, 2016 at 02:36

And Rio Tinto chief has warned miners to prepare themselves for extended downturn.

Thursday Papers: Zuckerberg clash over Facebook India

by Himanshu Singh on Feb 11, 2016 at 03:44

And Yellen hinted further rate rises on hold amid plunging markets but refused to rule out return to modest increases.

Overnight Markets: Wall Street gives up early gains

by Himanshu Singh on Feb 11, 2016 at 03:40

S&P 500 ends flat as investors digested comments by Yellen, who kept options open for more rate increases but also saw risks to the US economy.

Wednesday Papers: EU probes rigging of $1.5tn debt market

by Himanshu Singh on Feb 10, 2016 at 02:29

And a fall in Deutsche Bank's shares pushed the lender's boss and even the German finance minister to step in to reassure investors.

Overnight Markets: US stocks edge lower after volatile session

by Himanshu Singh on Feb 10, 2016 at 02:21

A late-day rally led by materials and healthcare shares offset another big drop in oil prices.

Tuesday Papers: HSBC swings back to London in HQ debate

by Himanshu Singh on Feb 09, 2016 at 05:24

And the boss of Google, Sundar Pichai, has been awarded $199 million worth of shares, making him the highest paid chief executive in the US.

Overnight Markets: Wall Street down amid growth worries

by Himanshu Singh on Feb 09, 2016 at 05:19

Mining and banking stocks drove the S&P 500 to its lowest close since April 2014, even as energy producers erased losses.

Monday Papers: Norway fund urges US banks to split top job

by Himanshu Singh on Feb 08, 2016 at 03:27

And large US firms such as Google and Amazon will be required to disclose tax bills in Europe under draft legislation from European commission.

Asia stocks decline in holiday-thinned trade

by Himanshu Singh on Feb 08, 2016 at 03:20

Japan's NIkkei 225 retraced losses of as much as 1.50% at market open to trade flat, but it may still face a sixth consecutive session of losses.

Sunday Papers: British American Tobacco faces inquiry

by Himanshu Singh on Feb 07, 2016 at 05:10

And Rolls-Royce is due to stun the stock market by issuing its sixth profit downgrade in two years.

Saturday Papers: UK businesses unprepared for Brexit

by Himanshu Singh on Feb 06, 2016 at 04:07

And Bank of International Settlements has warned that oil market spiral threatens to prick global debt bubble.

Friday Papers: Oil nations face years of pain, says IMF

by Himanshu Singh on Feb 05, 2016 at 03:04

And the US dollar has suffered one of the sharpest drops in 20 years as the Federal Reserve signals a retreat from monetary tightening.  

Overnight Markets: Materials shares lift Wall Street

by Himanshu Singh on Feb 05, 2016 at 02:56

But disappointing forecasts from retailers and anxiety ahead of Friday's jobs report limited the advance.

Thursday Papers: Hutchison to freeze prices on Three-O2

by Himanshu Singh on Feb 04, 2016 at 03:20

And Lloyds Banking Group to cut 1,755 jobs and close 29 branches as the lender is looking to lower costs to prepare for privatisation.

Overnight Markets: Oil fuels Dow Jones, S&P 500 rally

by Himanshu Singh on Feb 04, 2016 at 03:11

Alphabet shares tumbled 4% and the company moved back below Apple in market capitalisation.

Wednesday Papers: BP shares fall after worst-ever loss

by Himanshu Singh on Feb 03, 2016 at 03:15

And Yahoo cutting workforce by 15% after announcing $4.4 billion loss and is expected to lead to the sale of parts of its business.

Overnight Markets: Wall Street slides with falling oil prices

by Himanshu Singh on Feb 03, 2016 at 03:05

Shares of Exxon plunged 2.2% after the oil major reported its smallest quarterly profit in more than a decade.

 

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