News by: Himanshu Singh
And French police raided Google office in Paris after £1.3 billion ‘tax fraud’.
Strong housing data, rising oil prices and investor confidence that higher interest rates won’t undermine stock prices combined to help lift major indexes.
And Goldman Sachs had warned Green aide that BHS buyer Chappell had been bankrupt.
Apple jumped 1.27% amid reports that the tech giant has asked suppliers to build more of its next-generation iPhones than previously expected.
Renewed strength in yen hit Japanese exporters as data released shortly before the market open showed the country’s exports continued to fall.
And Saudi financial crisis 'could leave oil at $25’ as contractors face being paid in IOUs.
And administrators for BHS under pressure to sell chain within two weeks amid fears retailer could soon run out of stock.
And Ladbrokes and Coral told to sell as many as 400 betting shops ahead of their £2.3 billion merger.
And Bank of England admitted that UK could need interest rate cuts even if voters shun Brexit.
Goldman Sachs and Boeing Co. down 3.3% and 2.2% respectively, led losses.
And Fed suggested interest rates rise as soon as June due to lessened threat of a global economic slowdown.
Financials were the best-performing sector, closing up 1.9% for their best single-day session in a month.
Home Depot shares plunged 2.5% even after the company reported stronger-than-expected quarterly results.
And global funds fear 'summer of shocks' despite boom in money growth.
And legendary investor Warren Buffett takes $1 billion stake in Apple.
Apple finished up 3.7% after Warren Buffett's Berkshire Hathaway reported a stake worth about $1 billion in the iPhone maker.
Japan's Nikkei 225 gained 0.88%, while across the Korean Strait, the Kospi reversed losses to trade near flat.
And O2 boss mulls £8.5 billion management buyout after EU refused to allow its merger with CK Hutchinson.
And employment drops for first time since general election as Brexit fears mount.
And Brexit would prompt stock market and house price crash, IMF has warned.