Search Results for: NEX Group
Europe Index Futures Tumble With Asian Stocks; Kiwi Drops
August 6th, 2014
European index futures (SPA) dropped with the euro and stocks in Asia amid escalating tensions over Ukraine and concern that stronger U.S. growth will lead to sooner-than-projected interest-rate increases. New Zealand’s dollar and emerging-market currencies weakened. Futures on the ...
Bulgarian Government Urged to Solve Banking Crisis
August 5th, 2014
Bulgaria is dealing with its worst banking crisis since the 1990’s as the European Union and international investors have issued warnings about the fate of one of the country’s largest banks. The Bulgarian government is struggling to find a ...
Walgreens CFO exits ahead of tax inversion news
August 5th, 2014
Walgreens announced Monday that the company is replacing Chief Financial Officer Wade Miquelon, a move that comes just as the Deerfield, Ill., drugstore chain plans to announce a decision on whether they will nominally move its headquarters overseas to ...
Will Europe start to lend again?
August 4th, 2014
The European Central Bank will take over supervising banks in Helsinki and Lisbon in November after finding out unprecedented scrutiny to their books. The reason for doing so is to restore confidence in the euro zone’s banks, battered by ...
Microsoft must provide foreign customer’s e-mails
August 1st, 2014
Microsoft Corp must turn over a customer’s emails stored in a data center in Ireland to the US government, a US judge ruled on Thursday in a case that has drawn concern from privacy groups and major technology companies. ...
Alibaba Is Investing big in U.S. Tech Companies
August 1st, 2014
Chinese Internet retailer, Alibaba Group, is going to America with plans for big investment. In March, Alibaba made a $215 million investment in Tango, a messaging app. It recently contacted Snapchat, another messaging app that this year turned down a $3 ...
Markets fell for July, but Analysts Are Upbeat
August 1st, 2014
The stock market remarked the sharpest decline in the Standard & Poor’s 500-stock index since April for the month of July, while the Dow Jones industrial index dropped more than 300 points, eliminating all of its gains for the ...
Deutsche Bank, Fitschen Try to Avoid Ackermann Juggling
July 30th, 2014
Deutsche Bank AG (DBK) Co-Chief Executive Officer Juergen Fitschen is seeking to keep prosecutors from filing charges against him. If he fails, he may have to juggle his duties with his defense as his predecessor did a decade ago. ...
Asian Equities Extend Six Year High
July 30th, 2014
Asian stocks rose for a fourth day, with the regional benchmark index extending a six-year high, before the Federal Reserve updates markets on monetary policy today and as the U.S. and European Union strengthened sanctions against Russia. Honda Motor ...
Flipkart Indian e-commerce, raises $1 Billion
July 29th, 2014
India’s largest e-commerce firm, Flipkart, has confirmed that it managed to raise $1 billion in its latest round of fund-raising, thus becoming by far the largest venture investment ever received by an Indian Internet company. Globally, the amount raised would ...
