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News by: Himanshu Singh

Wednesday Papers: Monsanto rejects $62bn Bayer bid

by Himanshu Singh on May 25, 2016 at 04:06

And French police raided Google office in Paris after £1.3 billion ‘tax fraud’.

Overnight Markets: Rally in banking and tech shares lifts Wall Street

by Himanshu Singh on May 25, 2016 at 03:59

Strong housing data, rising oil prices and investor confidence that higher interest rates won’t undermine stock prices combined to help lift major indexes.

Tuesday Papers: Landmark ruling gives green light to fracking

by Himanshu Singh on May 24, 2016 at 03:37

And Goldman Sachs had warned Green aide that BHS buyer Chappell had been bankrupt.

Overnight Markets: Wall Street dips on Fed rate uncertainty

by Himanshu Singh on May 24, 2016 at 03:26

Apple jumped 1.27% amid reports that the tech giant has asked suppliers to build more of its next-generation iPhones than previously expected.

Asian stocks trade mixed on US Fed rate speculation

by Himanshu Singh on May 23, 2016 at 04:07

Renewed strength in yen hit Japanese exporters as data released shortly before the market open showed the country’s exports continued to fall.

Monday Papers: Axa to ditch €1.7bn tobacco investments

by Himanshu Singh on May 23, 2016 at 03:58

And Saudi financial crisis 'could leave oil at $25’ as contractors face being paid in IOUs.

Sunday Papers: Unease over Qatar’s stake-building in IAG

by Himanshu Singh on May 22, 2016 at 04:22

And administrators for BHS under pressure to sell chain within two weeks amid fears retailer could soon run out of stock.

Saturday Papers: Osborne warns of 18% Brexit house price hit

by Himanshu Singh on May 21, 2016 at 04:39

And Ladbrokes and Coral told to sell as many as 400 betting shops ahead of their £2.3 billion merger.

Friday Papers: Oil services groups in $13bn merger

by Himanshu Singh on May 20, 2016 at 03:44

And Bank of England admitted that UK could need interest rate cuts even if voters shun Brexit.

Overnight Markets: US stocks fall further on Fed rate hike worry

by Himanshu Singh on May 20, 2016 at 03:17

Goldman Sachs and Boeing Co. down 3.3% and 2.2% respectively, led losses.

Thursday Papers: Netflix and Amazon face EU quota threat

by Himanshu Singh on May 19, 2016 at 03:36

And Fed suggested interest rates rise as soon as June due to lessened threat of a global economic slowdown.

Overnight Markets: US stocks erase gains as Fed signals possible June hike

by Himanshu Singh on May 19, 2016 at 03:21

Financials were the best-performing sector, closing up 1.9% for their best single-day session in a month.

Overnight Markets: Wall Street falls amid expectations of early rate rise

by Himanshu Singh on May 18, 2016 at 03:50

Home Depot shares plunged 2.5% even after the company reported stronger-than-expected quarterly results.

Wednesday Papers: UK inflation down as air fares fall

by Himanshu Singh on May 18, 2016 at 03:45

And global funds fear 'summer of shocks' despite boom in money growth.

Tuesday Papers: Brent crude rallies to near $50

by Himanshu Singh on May 17, 2016 at 04:09

And legendary investor Warren Buffett takes $1 billion stake in Apple.

Overnight Markets: Apple, energy shares lift Wall Street

by Himanshu Singh on May 17, 2016 at 03:53

Apple finished up 3.7% after Warren Buffett's Berkshire Hathaway reported a stake worth about $1 billion in the iPhone maker.

Asian shares trade mixed amid soft China data

by Himanshu Singh on May 16, 2016 at 04:19

Japan's Nikkei 225 gained 0.88%, while across the Korean Strait, the Kospi reversed losses to trade near flat.

Monday Papers: Norway’s $850bn oil fund to sue VW

by Himanshu Singh on May 16, 2016 at 04:15

And O2 boss mulls £8.5 billion management buyout after EU refused to allow its merger with CK Hutchinson.

Sunday Papers: Moody's downgrades Saudi Arabia credit rating

by Himanshu Singh on May 15, 2016 at 04:42

And employment drops for first time since general election as Brexit fears mount.

Saturday Papers: France warns on cost of Hinkley

by Himanshu Singh on May 14, 2016 at 05:21

And Brexit would prompt stock market and house price crash, IMF has warned.

 

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