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News by: Himanshu Singh

Overnight Markets: Wall Street gains on earnings data

by Himanshu Singh on Jul 23, 2014 at 04:25

The S&P 500 hit an intraday record boosted by better-than-expected inflation and housing reports and amid upbeat earnings reports.

Wednesday Papers: StanChart expansion grinds to a halt

by Himanshu Singh on Jul 23, 2014 at 04:22

And a dispute over two warships France is building for Russia is threatening to overshadow a high-stakes meeting of EU foreign ministers.

Tuesday Papers: Tesco bows to City and loses CEO

by Himanshu Singh on Jul 22, 2014 at 04:13

And the Serious Fraud Office has launched a criminal investigation into alleged rigging of the £3 trillion-a-day foreign exchange markets           .

Overnight Markets: Wall Street falls amid Ukraine concerns

by Himanshu Singh on Jul 22, 2014 at 04:09

Concern tension in Ukraine could lead to deeper sanctions against Russia kept investors on the sidelines before major earnings reports.

Monday Papers: Putin handed ultimatum over crash site

by Himanshu Singh on Jul 21, 2014 at 03:56

And RJ Reynolds, America’s second biggest tobacco company, has been ordered to pay $23.6 billion in punitive damages to the widow of a cigarette smoker who died of lung cancer.

Asian shares gain on upbeat US corporate earnings report

by Himanshu Singh on Jul 21, 2014 at 03:52

Technology and industrial shares led the advance amid a global rebound as investors set aside geopolitical concerns.

Sunday Papers: United Biscuits and Birds Eye chew flotation

by Himanshu Singh on Jul 20, 2014 at 05:22

And the UK remains the most attractive destination in Europe for foreign business investment, winning almost 1,800 new projects in the past year.

Saturday Papers: Espirito Santo International files for creditor protection

by Himanshu Singh on Jul 19, 2014 at 07:27

And revenues at Google’s British operation surged 22% to $1.62 billion in the three months to June, in a positive sign for the wider UK economy.

Overnight Markets: US stocks slide on Malaysian airliner crash news

by Himanshu Singh on Jul 18, 2014 at 03:31

Investors sold stocks in a move to avoid risk as the crash stoked concerns that the conflict in Ukraine might widen.

Friday Papers: Malaysia airliner shot down over Ukraine

by Himanshu Singh on Jul 18, 2014 at 03:25

And the UK competition regulator is set to recommend a full-blown inquiry into small business lending and current accounts.

Thursday Papers: Gold fix to be supervised post-rigging claims

by Himanshu Singh on Jul 17, 2014 at 03:51

And unemployment fell last month as Britain's economy added jobs at an unprecedented pace, according to official figures.

Overnight Markets: Wall Street gains on merger news

by Himanshu Singh on Jul 17, 2014 at 03:47

Time Warner Inc shares surged 17.1% after Twenty-First Century Fox confirmed it made an $80 billion takeover offer for the company that was turned down.

Wednesday Papers: Carney blasts BIS for calling for rate rises in a 'vacuum'

by Himanshu Singh on Jul 16, 2014 at 03:30

And David Cameron will attempt to seize control of one of Europe’s top economic portfolios after his most sweeping cabinet reshuffle in four years.

Overnight Markets: S&P 500 and Nasdaq dip on Yellen's comments

by Himanshu Singh on Jul 16, 2014 at 03:26

And BlackBerry's US-listed shares plunged 4% after the bell following news that IBM will partner exclusively with Apple to sell iPhones and iPads.

Overnight Markets: US stocks end higher on Citi earnings

by Himanshu Singh on Jul 15, 2014 at 04:02

Citigroup shares surged 3% and gave the S&P 500 one of its biggest boosts.

Tuesday Papers: Eurozone risks falling into deflation, IMF warns

by Himanshu Singh on Jul 15, 2014 at 03:59

And Shire succumbs to £31 billion takeover offer from US rival AbbVie.

Monday Papers: US offers immunity to forex traders

by Himanshu Singh on Jul 14, 2014 at 03:55

And Portugal’s central bank has ordered the immediate appointment of a new chief executive and other board members at Banco Espírito Santo.

Asian shares edge up led by healthcare sector

by Himanshu Singh on Jul 14, 2014 at 03:50

Japan’s Topix index rose 0.3%, while Australia’s S&P/ASX 200 Index added 0.5% in morning trade.

Sunday Papers: Let small banks lend more, says Bank of England

by Himanshu Singh on Jul 13, 2014 at 04:55

And Sports tycoon Mike Ashley will this week announce a leap in profits at Sports Direct as he prepares to embark on a ‘blitz’ of acquisitions.

Saturday Papers: Alibaba filing puts value at $133bn

by Himanshu Singh on Jul 12, 2014 at 05:57

And Shire Pharmaceuticals has confirmed it has held talks with US rival AbbVie after the American firm proposed combining the two drug makers in a £30 billion deal.

 

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