The European markets are retreating on Friday, remaining on course for a weekly loss, as mixed messages about Greece's debt talks added fuel to investor anxiety.
Greece's creditors have reportedly demanded the debt-laden country to make hard commitments and overhaul its finances in order to seal...
Stock index futures indicate a lower open for Wall Street shares on Friday, as investors look ahead to the release of some key data for further clues on the economy and the rate trajectory. Global cues remain lackluster, with Asian stocks turning in a mixed performance, while the European markets edged...
Equinix Inc., a US based data centre services provider, Friday said it reached an agreement to acquire London-based Telecity Group plc, a provider of carrier-neutral data centres, in a cash and stock deal valued at approximately 1,145 pence per share or 2.35 billion pounds. Equinix expects the deal to enable accelerated deployment of cloud service provider nodes.
Switzerland's economy contracted at the fastest pace in six years in the first quarter as the strong franc weighed heavily on exports. Gross domestic product fell unexpectedly by 0.2 percent sequentially in the first quarter, reversing the prior quarter's 0.5 percent increase, data published by the State Secretariat for Economic Affairs revealed Friday.
The European markets are seen opening slightly higher on Friday, mirroring firm Asian markets. Asian stocks are mostly higher as Chinese shares rebounded from the previous session's sell-off. However, gains remain capped in the wake of a softer lead from Wall Street overnight and a mixed bag of economic...
After showing a notable move to the downside in early trading on Thursday, stocks regained some ground over the course of the session but still closed modestly lower. With the drop on the day, the tech-heavy Nasdaq pulled back off yesterday's record closing high.
U.S. crude oil snapped a three-day loss to settle higher Thursday in a last minute rally, after official data from the Energy Information Administration showed crude stockpiles in the U.S. to have declined more than expected last week, although production continued to remain firm.
Earlier today, a...
While the Senate remains adjourned for its Memorial Day break, the Democratic leadership released a statement Thursday urging Senate Majority Leader Mitch McConnell, R-Ken., to pursue passage of the bill known as USA Freedom Act.
Gold futures snapped a four-day loss to end higher on Thursday, as the dollar trended lower against a basket major currencies, coupled with the financial uncertainties in Greece and some soft data showing initial claims for unemployment benefits in the U.S. rose more than expected last week.
A crowded Republican presidential field has received two more long-shot candidates, as former Senator Rick Santorum, R-Penn., and former New York Gov. George Pataki have both thrown their hats into the ring.
After coming under pressure earlier in the session, stocks remain mostly lower in mid-day trading on Thursday. The losses on the day come after the Nasdaq ended the previous session at a record closing high.
Scientists at the Massachusetts Institute of Technology and University of California have developed specially engineered bacteria to detect cancerous tumors in liver at its early stage itself. The special bacteria were used in lab studies to detect diabetes also.
With the field widening just about every day, the results of a new Quinnipiac University National poll released on Thursday showed there remains no clear front-runner in the race for the Republican presidential nomination.
Avago Technologies Ltd. will acquire Broadcom Corp. for $37 billion in cash and stock, the two chipmakers said Thursday. The deal marks further consolidation in the semiconductor industry as rising costs and weak revenue growth force chipmakers to combine. Avago also reported a profit for the second quarter that more than doubled from last year. Earnings per share beat analysts' estimates.
Stocks have moved moderately lower in early trading on Thursday after showing big swings back and forth over the course of the two previous sessions. The major averages have slid into negative territory but remain well off Tuesday's lows.