German firms unveil plan to recruit more female executives
October 18th, 2011 - 1:23 pm ICT by IANS
Berlin, Oct 18 (IANS) The 30 major German companies listed on the blue-chip stock DAX stock index have announced a plan to recruit more female executives.The plan calls for voluntary ... Read more...
Posted in Business |
US to keep interest rates low until 2013; stocks zoom
August 10th, 2011 - 10:41 am ICT by IANS
Washington, Aug 10 (IANS) Painting a much gloomier picture of the economy, the US central bank has indicated it would take no new steps to stimulate the economy other ... Read more...
Posted in Business |
US markets suffer sharpest drop since 2008
August 9th, 2011 - 10:59 am ICT by IANS
Washington, Aug 9 (IANS) In Wall Street's worst day since the 2008 financial crisis, all three major US stock indexes sank between 5 percent and 7 percent as fearful ... Read more...
Posted in Business |
Brazil’s ready if financial crisis worsens: Minister
August 5th, 2011 - 3:26 pm ICT by IANS
Rio De Janeiro, Aug 5 (IANS) Brazil is well prepared to deal with a possible worsening of the global financial crisis, Finance Minister Guido Mantega said.
"In case of escalation ... Read more...
Posted in Business |
Amid volatile trading, key Indian stock index dips
March 9th, 2011 - 1:24 pm ICT by IANS
Mumbai, March 9 (IANS) Indian equities opened higher Wednesday after a patch up between two key allies in the United Progressive Alliance (UPA) government but fell sharply on little ... Read more...
Posted in Business |
Dow Jones Index Takes Massive Plunge, Retail Investors Rake In Profits
May 7th, 2010 - 7:09 pm ICT by GD
By Ranjan Bhaduri
New York, May 7, (THAINDIAN NEWS) Yesterday was a shocking day for the New York stock market veterans. They witnessed the Dow Jones Industrial Average taking a massive downslide quickly ... Read more...
Posted in Business |
Diwali And Dhanteras Boost Indian Economy
October 16th, 2009 - 9:16 pm ICT by GD
By Meena Kar,
October 16, (THAINDIAN NEWS) Like every year, this year too the Indian festival of Dhanteras which is celebrated at the time of Diwali brought good business for the gold ... Read more...
Posted in India |
Bankers’ strike marginally hits business at Dalal Street
August 7th, 2009 - 9:56 pm ICT by ANI
Mumbai, Aug. 7 (ANI): Trading was light at the Dalal Street for the second consecutive day following a two-day strike that has been called by about one million employees of state-run banks, ... Read more...
Posted in National |
Chip Hornsby Steps Down As CEO
June 30th, 2009 - 11:50 pm ICT by GD
The renowned British building supplies company Wolseley Plc. announced on Tuesday that the CEO of the company, Chip Hornsby will step down from his post following a 6 percent surge in its ... Read more...
Posted in Business |
Standard and Poor’s launches Canadian sharia-compliant index
May 28th, 2009 - 4:15 pm ICT by ANI
Ottawa (Canada), May 28 (ANI): Standard and Poor's is launching a Canadian stock index to give investors who follow Islamic law a guide to the country's equity market.According to the Globe and ... Read more...
Posted in Business |
Brazil’s main stock index hits highest level in six months
April 10th, 2009 - 1:08 pm ICT by IANS
Rio de Janeiro, April 10 (Xinhua) The Sao Paulo Stock Exchange's Ibovespa index was up 3.07 points Thursday, reaching 45,538 points, the highest level registered since October 2008.
The volume negotiated topped ... Read more...
Posted in World |
Chinese stocks plunge as rate cut fails to materialise
November 24th, 2008 - 6:19 pm ICT by IANS
Beijing, Nov 24 (Xinhua) China's benchmark stock index finished 3.67 percent lower Monday, declining for a third straight day after an expected lending rate cut failed to materialize over the weekend. The ... Read more...
Posted in World |
At peak, Volkswagen is world’s most expensive company
October 28th, 2008 - 8:56 pm ICT by IANS
Frankfurt, Oct 28 (DPA) A shortage of shares in Volkswagen drove the stock price so high Tuesday that the German carmaker was theoretically the world's most valuable corporation.If every voting share in ... Read more...
Posted in Business |
Chidambaram advises investors not to sell in panic
October 23rd, 2008 - 7:33 pm ICT by ANI
New Delhi, Oct 23 (ANI): Finance Minister P. Chidambaram on Thursday advised investors not to indulge in panic sale of stocks.Chidambarams comment came after Sensex (the countrys main stock index) plunged ... Read more...
Posted in National |
Germany in new bid to rescue Hypo Real Estate bank
October 5th, 2008 - 6:08 pm ICT by IANS
Berlin, Oct 5 (DPA) Germany's finance ministry said Sunday it is working on a new attempt to save Hypo Real Estate (HRE), the German mortgage lender caught up in the wave of ... Read more...
Posted in Business |
Citibank urges Pakistan to seek IMF help to avoid default
August 28th, 2008 - 9:50 pm ICT by IANS
Karachi, Aug 28 (DPA) The US-based Citibank has advised Pakistan to secure help from the International Monetary Fund (IMF) to avoid default on its foreign debt repayments in the face of an ... Read more...
Posted in Uncategorized |
Murdoch launches Dow Jones index for India
August 4th, 2008 - 4:53 pm ICT by IANS
Mumbai, Aug 4 (IANS) News Corporation chairman and chief executive Rupert Murdoch, who last year acquired global business news and information services firm Dow Jones in a $5 billion buyout, launched the ... Read more...
Posted in Business |
US stocks down on record oil prices
May 6th, 2008 - 8:56 am ICT by admin
DPA
New York, May 6 (DPA) US stocks closed lower Monday, led by retailers as crude oil climbed above $120 per barrel. Shares in Yahoo plummeted 15 percent, the most in nearly two ... Read more...
Posted in World |
Chinese shares open sharply higher Monday
April 21st, 2008 - 12:46 pm ICT by admin
XinhuaBeijing, April 21 (Xinhua) Boosted by the regulator's measures to stabilise the market announced late Sunday, China's major stock index opened more than six percent higher Monday. The Shanghai Composite Index rose ... Read more...
Posted in World |
China index sinks 5.6 percent on Wall Street sell-off
April 14th, 2008 - 4:39 pm ICT by admin
Xinhua
Beijing, April 14 (Xinhua) China's benchmark stock index plunged 5.62 percent Monday, the biggest one-day loss since late January, as sell-offs on Wall Street and regional markets further undermined investor confidence. As ... Read more...
Posted in World |
Key Indian stock index surges 500 points on opening
April 2nd, 2008 - 12:28 pm ICT by admin
Mumbai, April 2 (IANS) The Indian equities market opened Wednesday with a huge positive gap in line with its global peers. Realty and banking stocks registered gains in initial trade. The 30-share ... Read more...
Posted in Business |