Markets

germany-pours-cold-water-on-greece-deal

Germany pours cold water on Greece deal

Not good enough - Germany's response to Greece's request for a six month loan extension. Athens offered up major concessions but ran into strong objections from the EU paymaster. The German finance Feb 19, 2015
sheepish-year-ahead-for-global-economy

Sheepish year ahead for global economy?

A celebratory mood, as Zhang Qiyue, China's consul general in New York rang the Nasdaq opening bell to celebrate Chinese New Year, the most important holiday season on the Chinese calendar. 2015 is Feb 19, 2015
greek-compromise-hopes-rise

Greek compromise hopes rise

A six-month loan extension. That's the formal request from Greece to its euro zone peers. Without it, the country could run out of money within weeks. But Athens officials say the request would be Feb 19, 2015
bse-closes-points-142-01-up-on-feb-19

BSE closes points 142.01 up on Feb 19

New Delhi, Feb 19 (ANI): Trading at the Bombay Stock Exchange today closed 142.01 points up to stand at 29,462.27. At the National Stock Exchange the Nifty closed 26.20 points up to stand at 8,895.30. JINDAL STEEL and FSL were among the top gainers of Group A with an increase of 28.59% and 8.04% along with HIND COPPER and ADANI POWER with an increase of 8.00% and 7.98% respectively, while the top losers of Group A include SUZLON and WELCORP with a decrease of 6.72% and 5.79% along with SKF INDIA and AURO PHARMA with a decrease of 4.98% and 4.58% at the close of the markets. The Auto sector is up 6.70 points at 19,855.74 while the banking sector is down 110.30 points at 21,978.47 and the reality sector is up at 17.09 points at 1,748.04. The Indian currency is up 0.03% at Rs 62.34 per dollar. Feb 19, 2015
student-loans-taking-a-bite-out-of-housing

Student loans taking a bite out of housing

The housing market has not been stellar. Housing starts fell two percent in a report on Wednesday a day after a decline in builder sentiment. One reason for housing's lackluster performance: rising Feb 19, 2015
stocks-shave-tuesdays-gains-after-fed-minutes

Stocks shave Tuesday's gains after Fed minutes

The Dow and S&P 500 ticked slightly lower Wednesday - investors trying to sort out the minutes from the last Federal Reserve meeting which highlighted policymakers' desire to keep interest rates lower Feb 19, 2015
hsbc-swiss-office-raided

HSBC Swiss office raided

This won't be the most dramatic raid on a bank you'll ever see - but the implications of it could be enormous. Geneva's public prosector, Yves Bertossa, making his way to the lakeside offices of HSBC Feb 18, 2015
greece-alone-on-loan-agreement

Greece alone on ''loan agreement''?

Greek prime minister Alexis Tsipras meets with the country's president Karolos Papoulias. It comes ahead of a Greek vote for a new president. But Tsipras had more pressing issues on his mind. Feb 18, 2015
profit-surges-at-hilton-hyatt

Profit surges at Hilton, Hyatt

More travelers paying higher rates for rooms drove revenue and profit sharply higher at HIlton Worldwide. Business travel spurred by the strong U.S. economy drove up occupancy at the owner of the Feb 18, 2015
sachin-tendulkar-launches-bmw-i8-sports-car

Sachin Tendulkar launches BMW i8 sports car

Mumbai, Feb 18 (ANI): Cricket legend, Sachin Tendulkar, launched the new BMW i8 hybrid sports car in showbiz capital Mumbai on Wednesday. The i8 is the first car from BMW 'I' series that is introduced to the Indian car market. The car will be sold in Mumbai, New Delhi and Chennai only and is the first BMWs sports and hybrid car. The car is powered by a 1.5 -litre turbo petrol engine (231bhp) and a 131bhp electric motor, which together produce 362bhp of power. This engine comes mated to a six-speed StepTronic transmission. Running on battery power, it achieves a top speed of 120 km/hr and will travel only for 35 kilometres at one go. Feb 18, 2015
record-migration-tests-eu-policy-stance

Record migration tests EU policy stance

A helping hand for migrants arriving in Sicily after a dangerous voyage from North Africa. Europe must give refuge where it's needed. That's one argument. The other is that it's a burden too big to Feb 18, 2015
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