Tag Archives: New York
European shares mostly drop, euro rises
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Apollo Tyres eyeing Cooper Tire
REUTERS – Tire manufacturer Apollo Tyres is in early talks to acquire a majority stake in U.S.-based Cooper Tire & Rubber Co in a deal valued at around $600 million, a source with direct knowledge of the situation told Reuters.
Shares...
Gold up with riskier assets, snaps four-day decline
* Higher commodities, U.S. equities lift gold
* US jobless claims data fell to 4-1/2 year low
* Gold in euro terms rises for fourth straight day
* Coming up: U.S. producer price index Friday (Recasts, updates comment, market activity, adds...
Asian markets hit by IMF growth revision
AFP – Asian markets mostly fell Wednesday as investors reacted to losses on Wall Street after the IMF cut its global growth forecast, predicting the slowest rate in three years.
Japanese shares were also hit by the strong yen, with selling...
Gold hit by largest 2-day fall since August
* Buyers wary of gold near-term after Sept US jobs data
* Bulls see price at above $1,800/oz in coming months
* ETP holdings at record highs
* S. African labour unrest continues, but platinum dips (Updates market activity to U.S. session, adds...
IRCo – Rubber Market Watch: 1 – 5 October 2012
By Yium Tavarolit
The Movements of Global Stocks, Finance and Energy
Asian stock markets closed higher on Friday as risk sentiment improved on the back of positive U.S. economic data, which would be released late Friday. Japan’s Nikkei...
Asian markets lose ground on Europe fears
AFP – Asian markets fell on Monday as concerns over the eurozone debt crisis overshadowed surprisingly good jobs data from the United States showing unemployment almost at a four-year low.
An underwhelming return for Shanghai after a...
Titan gets acceptance for 87% of Titan Europe
Titan International Inc. says it has received valid acceptances for 87.24% of the offer in respect of Titan Europe plc shares.
Titan says all remaining conditions to the offer, as set out in the offer document, have been satisfied and that...
U.S. Jobless Rate Declines to 7.8%; 114,000 Jobs Added
The unemployment rate in the U.S. unexpectedly fell to 7.8 percent in September, giving President Barack Obama’s re-election campaign a boost a month before the election.
The economy added 114,000 workers last month after a revised 142,000...
Tokyo stocks up 0.42% in morning trade
Tokyo stocks rose 0.42 percent Friday morning, propped up by a weaker yen and better-than-expected US economic data.
The Nikkei 225 index at the Tokyo Stock Exchange was up 37.36 points at 8,861.95 by the break, while the Topix index of all...
