Wednesday, April 1, 2015
Volvo Cars is planning to build its first-ever U.S. assembly plant as part of a push to increase sales here.
Dutch electronics giant Philips on Tuesday said it was selling a majority stake in its LED and car lighting arm to a consortium led by China-based GO Scale Capital investment fund in a deal worth US$2.8 billion.
Oil prices fell in Asia Tuesday as dealers monitored last-ditch efforts between global powers and Iran to reach a deal on Tehran's nuclear program and ease sanctions imposed on the crude producer.
Global stock markets mostly climbed Tuesday, boosted by positive data from major economies and hopes for stimulus in China.
The euro drifted lower in Asia on Tuesday with investors following talks between debt-hit Greece and its international creditors as Athens looks to reform its bailout obligations.
Tuesday, March 31, 2015
Oil prices eased in Asia Monday but analysts said losses were tempered by supply concerns in the crude-rich Middle East after Saudi-led warplanes struck rebel targets in Yemen.
The euro slipped in Asian trade on Monday, hurt by worries over talks between Greece and its creditors as it prepares to submit reform proposals to secure a bailout.
World stock markets were buoyant Monday as investors cheered Fed chief Janet Yellen's comments signaling that U.S. interest rates would rise only gradually. Chinese stocks soared on hopes for more economic stimulus measures.
Finger-pointing between Germany and Greece will only play into the hands of Europe's enemies, Greek Finance Minister Yanis Varoufakis said on Monday.
Saturday, March 28, 2015
Germany's DAX added 0.1 percent to 11,855.93 and France's CAC-40 rose 0.3 percent to 5,020.27. Britain's FTSE 100 fell 0.4 percent to 6,867.55. Futures pointed to a fifth day of losses on Wall Street. S&P 500 futures were down 0.2 percent at 2,043.70.