Business news

bse-closes-points-289-83-up-on-feb-13 Play

BSE closes points 289.83 up on Feb 13

New Delhi, Feb 13 (ANI): Trading at the Bombay Stock Exchange today closed 289.83 points up to stand at 29,094.93. At the National Stock Exchange the Nifty closed 93.95 points up to stand at 8,805.50. PIIND and MCLEOD RUSSEL INDIA LTD. were among the top gainers of Group A with an increase of 11.31% and 9.38% along with MRPL and GITANJALI with an increase of 9.05% and 8.82% respectively, while the top losers of Group A include OIL and RASOYA PROTEINS LTD. with a decrease of 5.33% and 4.62% along with INDIA CEMENTS LTD. and GAIL with a decrease of 4.36% and 3.96% at the close of the markets. The Auto sector is up 208.66 points at 19,586.94 while the banking sector is up 289.73 points at 22,187.50 and the reality sector is down at 16.44 points at 1,721.09. The Indian currency is down 0.2% at Rs 62.18 per dollar. Feb 13, 2015
xiaomi-takes-its-first-steps-into-apples-turf Play

Xiaomi takes its first steps into Apple's turf

Watch your home turf, Apple! China's largest smartphone company Xiaomi is about to begin selling its accessories online in the United States. The company's colorful wrist bands - called mi bands - Feb 13, 2015
nasdaq-hits-15-year-high Play

Nasdaq hits 15-year high

Thursday's after hours earnings report included: CBS, owner of the most watched TV network, reporting better-than-expected earnings results including higher revenue thanks to its Thursday night Feb 13, 2015
gas-savings-stay-in-consumers-pockets Play

Gas savings stay in consumers' pockets

It should have been a slam dunk for retailers - massive savings at the pump - gas prices are down almost 40 percent since June setting up what many thought would be a rebound after a weak December for Feb 13, 2015
swedens-negative-interest-rate-shock Play

Swedens negative interest rate shock

It's not often Sweden shocks markets but the central bank's decision to introduce negative interest rates wasn't expected. Neither was the launch of a bond buying programme. The moves are a response Feb 12, 2015
valentines-gift-for-flower-powers Play

Valentines gift for flower powers

It's the size of Monaco and sends flowers around the world. But FloraHolland doesn't own any of the flowers in its warehouses in the Dutch town of Aalsmeer - it simply manages their distribution. Feb 12, 2015
no-way-forward-yet-for-greece Play

No way forward yet for Greece

Seven hours of talks in Brussels on the future of Greece's debts, and the only outcome - a statement about not being able to reach a statement. (SOUNDBITE) (English) EUROGROUP CHAIRMAN, JEROEN Feb 12, 2015
uk-close-to-deflation Play

UK close to deflation

Deflation is close - but don't worry. That was the message from Bank of England governor Mark Carney, as he explained why UK inflation is at its lowest level in nearly 15 years. (SOUNDBITE) (English Feb 12, 2015
putin-poroshenko-shake-on-ceasefire Play

Putin, Poroshenko shake on ceasefire

Could this be the handshake that clinches peace in eastern Ukraine? Hopes are certainly higher after a marathon night of talks between President Petro Poroshenko - and Vladimir Putin. SOUNDBITE ( Feb 12, 2015
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