Page 2960 - Business Finance
Dun & Bradstreet to go private for $5.38 billion
(Reuters) - Data and analytics company Dun & Bradstreet Corp said on Wednesday it would be acquired by a group of investors led by CC Capital, Cannae Holdings and funds affiliated with Thomas H. Lee Partners LP, for $5.38 billion in cash.
Canada's Sun Life, Manulife reap benefits of Asia growth
TORONTO (Reuters) - Two of Canada's biggest insurance companies on Wednesday reported second-quarter earnings which beat market expectations, benefiting in part from strong growth in Asia.
Japan says Mazda, Suzuki, Yamaha Motor carried out improper testing
TOKYO (Reuters) - Mazda Motor Corp, Suzuki Motor Corp and Yamaha Motor Co conducted improper fuel economy and emissions tests on their vehicles, Japan's transport ministry said on Thursday.
Market may slide at opening bell
Market is seen opening lower, tracking mixed leads from Asian markets. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 2 points at the opening bell.
BPCL, HPCL in spotlight after Q1 results
Bharat Petroleum Corporation (BPCL) reported 208% rise in net profit to Rs 2293.26 crore on 25.5% increase in net sales to Rs 71696.73 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 8 August 2018.
China's July factory inflation slows but consumer prices accelerate
BEIJING (Reuters) - China's factory price inflation cooled in July but not as much as expected, amid a wider slowdown in economic growth as Beijing remains locked in a heated trade dispute with Washington.
Chances rise of 'no deal' Brexit that would hit sterling: Reuters poll
LONDON (Reuters) - The likelihood Britain crashes out of the European Union without a trade deal has increased, an outcome that would hurt an already weak pound, according to economists and foreign exchange strategists polled by Reuters.
Tesla board of directors evaluate Musk's privatisation plan
US top electric auto maker Tesla has said some members of its Board of Directors discussed the possibility of making Tesla private with its CEO Elon Musk last week.
British pound falls lower against dollar, euro
The pound has fallen below $1.29 for the first time in almost a year on continuing worries Britain will leave the EU without a trade deal.
Gold prices stable as dollar extends losses vs. yen
BENGALURU (Reuters) - Gold prices were steady early Thursday, after gaining for two straight sessions, as the dollar extended losses versus the yen.
Japan machinery orders tumble, stoke doubts on capex
TOKYO (Reuters) - Japan's core machinery orders tumbled in June at the fastest pace in six months, with firms expecting another modest drop in the third quarter in a sign capital expenditure may slow, especially as international trade worries cloud the horizon.
Trade tensions torpedo oil, U.S. sanctions hammer Russian rouble
SYDNEY (Reuters) - Asian shares were subdued on Thursday after a new round of tit-for-tat tariffs in the U.S.-Sino trade conflict torpedoed oil prices, while the Russian rouble tumbled as the U.S. slapped fresh sanctions on the country.
Japan machinery orders tumble, raise doubts on capex
TOKYO (Reuters) - Japan's core machinery orders tumbled in June at the fastest pace in six months, with companies expecting a further modest drop in the third quarter in a discouraging sign that capital expenditure may slow.
US dollar declines amid trade tensions
The US dollar index decreased against most other major currencies as investors monitored the latest development of US-China trade conflicts.
China has many means to counteract U.S. tariffs: Chinese state TV
SHANGHAI (Reuters) - China's state broadcaster CCTV said on Thursday China must counteract tariffs implemented by the United States and that Beijing had the confidence to protect its own interests as well as the means to do so.
Fox tops estimates as 'Deadpool 2,' cable earnings drive gains
(Reuters) - Twenty-First Century Fox Inc's quarterly profit and revenue topped Wall Street targets on Wednesday, thanks to the popularity of edgy superhero movie "Deadpool 2" and as the company's cable unit earned higher fees from distributors.
Lured by higher oil prices, U.S. shale producers boost capex
HOUSTON (Reuters) - U.S. shale producers that spent the last year promising to control capital spending and adhere to strict financial controls are finding the lure of higher oil prices irresistible.
US stocks close mixed amid trade tensions
US stocks closed mixed as investors monitored the latest development of US-China trade conflicts.
Global Markets: Oil drops on China import data, weighing on equities
NEW YORK (Reuters) - Oil prices slumped on Wednesday after Chinese import data showed a slowdown in demand and weighed on world equity markets, which traded near break-even as U.S. technology shares extended recent gains.
S&P 500, Dow edge down as oil prices, trade worries weigh
NEW YORK (Reuters) - The S&P 500 closed slightly lower on Wednesday as falling crude prices and trade jitters held markets in check.