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News by: Himanshu Singh

Overnight Markets: Wall Street declines on global growth concerns

by Himanshu Singh on Oct 08, 2014 at 03:57

The Dow Jones tanked 273 points, the S&P 500 shed 30 points and the Nasdaq lost 70 points after the IMF cut its global growth forecast.

Wednesday Papers: Two HSBC directors to quit over new rules

by Himanshu Singh on Oct 08, 2014 at 03:55

And the IMF has warned that the world economy may never return to the pace of expansion seen before the financial crisis.

Overnight Markets: US stocks fall ahead of earnings season

by Himanshu Singh on Oct 07, 2014 at 04:35

The S&P 500 halt a two-day advance as small-cap shares resumed a selloff.

Tuesday Papers: Banks under pressure on ringfencing plans

by Himanshu Singh on Oct 07, 2014 at 04:31

And Brussels targets Amazon’s Luxembourg tax deal, alleging it allowed the online retail giant to reap potentially illegal state subsidies for its European operations for almost a decade.

Asian stocks gain on US jobs report

by Himanshu Singh on Oct 06, 2014 at 04:15

However, shares in Hong Kong fluctuated as protesters in the city vowed to fight on.

Monday Papers: FTSE 100 companies hoard £53.5 billion in cash

by Himanshu Singh on Oct 06, 2014 at 03:55

And UK’s financial services sector is growing at the fastest rate since before the financial crisis, according to the latest snapshot of the industry from the CBI.

Sunday Papers: MPs investigate financial system's cyber weaknesses

by Himanshu Singh on Oct 05, 2014 at 05:26

And shareholders in pay-TV company BSkyB are expected to vote in favour tomorrow of its plans for a £7.4 billion consolidation of its sister companies to create Sky Europe.

Saturday Papers: Payday lenders on edge of extinction

by Himanshu Singh on Oct 04, 2014 at 07:18

And Tesco board faces fresh embarrassment after it emerged the embattled supermarket had purchased a new $50 million Gulfstream G550 corporate jet.

Overnight Markets: US stocks close flat after selloff

by Himanshu Singh on Oct 03, 2014 at 04:32

Energy shares rebounded and investors bought beaten-down shares, especially small caps.

Friday Papers: ECB to start asset purchases this month

by Himanshu Singh on Oct 03, 2014 at 04:29

And Warren Buffett, staring at an $800 million spillage from his stake in Tesco, admitted that his holding in the UK supermarket chain was a “huge mistake”.

Thursday Papers: Strong pound ‘strangles’ UK growth

by Himanshu Singh on Oct 02, 2014 at 04:45

And banks have set up task forces to scrutinise submission processes for hundreds of benchmarks after rate-rigging scandals.

Overnight Markets: US stocks tumble on Ebola fears

by Himanshu Singh on Oct 02, 2014 at 04:41

Shares of airlines and other transportation names declined after a patient in the US was detected with Ebola virus.

Overnight Markets: Energy and materials stocks weigh on Wall Street

by Himanshu Singh on Oct 01, 2014 at 03:58

EBay was the S&P 500's biggest percentage gainer for the day, after the company announced a plan to spin off its PayPal unit.

Wednesday Papers: Ebay defends spin-off plan for PayPal

by Himanshu Singh on Oct 01, 2014 at 03:56

Wonga reported its first ever year-on-year fall in profit after the UK’s biggest payday lender was forced to compensate thousands of customers.

 

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