Asian stocks fell to three-month lows on Monday with investors cautious after new data strengthened the case for tighter Chinese monetary policy and as attention focused on key U.S. economic reports due this week.
Indian wheat products are finding no takers in the global market because of the high domestic prices, which has even prompted the Prime Minister to call a meeting of the state chief ministers to discuss ways to bring down prices. Food inflation reared up again, with the annual wholesale price index-based inflation in primary food products inching up to 17.40 per cent for the week ended January 16 against the previous week's annual rise of 16.81 per cent. Inflation in items such as potatoes rose ...
Stocks dropped on Friday, as worries about fiscal turmoil in Europe and a drop in technology stocks pushed the S&P 500 to its worst monthly decline since February 2009.
Stocks fell on Friday, erasing an earlier advance, as worries about fiscal turmoil in Europe and a drop in technology stocks offset positive reports on the economy.
Stocks retreated to near breakeven in choppy trade on Friday, paring earlier strong gains as worries about fiscal troubles buffeting Europe offset reassuring reports on the economy.
Stocks retreated to near breakeven in choppy trade on Friday, paring earlier strong gains as worries about fiscal troubles buffeting Europe offset reassuring reports on the economy.
Brazilian civil construction conglomerate Camargo Correa is likely to withdraw its original proposal to merge its cement operations with Portuguese Cimpor on Friday, a Portuguese business newspaper reported.
Stocks in Asia tumbled on Friday, hurt by weak technology and resources shares and fresh worries about Greece's debt levels, which dragged the euro to a six-month low against the dollar.
New orders for long-lasting U.S. manufactured goods edged higher last month and the number of workers filing applications for jobless aid fell last week, indicating the economy remains on a steady recovery path.
World stocks added to the previous week's fall on Monday, weighed down by Wall Street losses, uncertainty over U.S. bank plans and concern that Greece's debt crisis could spread.
Brazil's Camargo Correa Group reiterated its interest in cement maker Cimpor on Sunday and said it was pondering its options after the Portuguese stock market regulator turned down its merger proposal.
Brazil's Camargo Correa Group must present a counterbid to take over cement maker Cimpor or withdraw its merger proposal, Portugal's stock market regulator told the company on Saturday.
German fragrance-to-fashion retailer Douglas Holding AG is counting on consumers' appetite for indulgence to prop up earnings this year.
Once you've seen one walking trail you've seen 'em all? Not in these eight cases, where you'll tramp on unusual surfaces and wander through some curious lands.
Britain has awarded energy companies the rights to develop the world's biggest offshore wind project in hopes the country will become a leader in the emerging industry, which is vital to slash carbon emissions.
Portugal's EDP Renewables (EDPR) expects to be awarded a 1.3 gigawatts development project in the third offshore wind farm leasing round in the United Kingdom, the company said on Wednesday.
Whether Europe's most troubled economies have the political will to tackle record deficits will preoccupy investors in Western Europe in 2010, along with Britain's election and potential overspill from emerging market crises.
Brazil's CSN (CSNA3.SA) (SID.N) offered on Friday to buy Portuguese cement producer Cimpor (CPR.LS) for 3.86 billion euros ($5.6 billion) as the steelmaker slowly diversifies from its core business outside its home base.
Brazilian steelmaker CSN has bid 3.86 billion euro ($5.56 billion) cash for Portuguese cement maker Cimpor, targeting new markets like Africa and eyeing a sport-led domestic construction boom.
When the global economic crisis hit in the autumn of 2008 there was a joke in Portugal that the world was finally catching up, and stumbling as it had after its own, home-grown housing bust in the early 2000s.
Lundin Mining Corp (LUN.TO) expects a higher capital expenditure budget for 2010, saying a large part of its budget will represent investment in new capacity.
Global equities slipped on Wednesday with Japan leading the falls on concerns over the pace of recovery, while crude oil prices recovered and the euro picked up from a one-month low on bargain hunting.