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Fed, ECB, BOE Officials All Say They See Inflation Rising
Full Story | 31st August 2015Stronger growth will pull inflation higher in the U.S. and Europe, according to three top central bankers who voiced confidence that their regions will escape from headwinds that are keeping inflation too low.Federal Reserve Vice .
Monthly Archives: August 2015
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Icahn Takes Activist Stake in Rout-Beleaguered FreeporT
Full Story | 28th August 2015The billions in cutbacks that Freeport-McMoRan Inc. has taken in its battle against plunging commodity prices may not be enough for its newest shareholder, billionaire activist investor Carl Icahn. Icahn amassed about 8.5 percent of .
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Wal-Mart`s Massmart Profit Drops 26%
Full Story | 27th August 2015Massmart Holdings Ltd., the South African food and goods wholesaler controlled by Wal-Mart Stores Inc., said first-half profit fell 26 percent as price competition curbed margins and other African currencies weakened against the rand.Profit excluding .
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Disney Is About to Flood the Market With Star Wars Toys
Full Story | 26th August 2015For “Star Wars” fans, Christmas is coming early this year: on Sept. 4, when the toys tied to Walt Disney Co.’s first film in the space-adventure series go on sale.Three months before “Star Wars: The .
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Twitter, Newell Rubbermaid, Best Buy are stocks to watch
Full Story | 25th August 2015Among the companies whose shares are expected to see active trade in Tuesday’s session are Twitter Inc., Newell Rubbermaid Inc., and Best Buy Co.Tickers to WatchLate Monday, The Wall Street Journal reported Twitter was contacted .
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China’s Stocks Sink Most Since 2007
Full Story | 24th August 2015China’s stocks plunged the most since 2007 as government support measures failed to allay investor concern that a slowdown in the world’s second-largest economy is deepening. The Shanghai Composite Index tumbled as much as 9 .
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McDonald`s Deal with Russian franchise
Full Story | 21st August 2015McDonald's Corp. said on Friday it had signed its second deal with a Russian franchisee which will help it to expand in remote Siberian regions. Under the deal, Russian company GiD Llc will open up .
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The China’s Newest Make-or-Break Level for Stocks
Full Story | 20th August 2015In a Chinese stock market obsessed with round numbers, 3,500 has emerged as the latest make-or-break level for traders trying to gauge the staying power of state support.Signs of government buying have appeared at that .
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Volvo Car reports 71% rise in operating profit
Full Story | 19th August 2015In Stockholm, Swedish car maker Volvo Car Corp. said Wednesday it expects a "substantial increase in profits" for full-year 2015 as it reported a 71% jump in operating profit for the first six months of .
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Emerging-Market Slide Continues as Commodities Plunge
Full Story | 18th August 2015The selloff in emerging-market assets and commodities continued, sending currencies from Australia to Mexico lower and a measure of developing-nation stocks to a four-year low as Chinese shares slumped. Treasuries rose.Thailand’s baht slid 0.5 percent .