Markets

RBA surprises on interest rate hold

EDITORS' NOTE: THIS EDIT CONTAINS CONVERTED 4:3 MATERIALS Investors' hopes for a rate cut down under dashed. The Reserve Bank of Australia held interest rates steady after cutting to a record low of

Mar 3, 2015

Alibaba down and out in Taiwan

Flying high around the world but booted by its next-door neighbor. Alibaba has been given its marching orders in Taiwan. Officials ordering the Chinese e-trade giant to get out within six months,

Mar 3, 2015

Nasdaq closes above 5,000

U.S. stocks advanced on Monday, pushing the Nasdaq above the 5,000 mark for the first time in fifteen years. The dollar hit an 11-year high on expectations the Federal Reserve might raise interest

Mar 3, 2015

Monday dishes out mixed data

A batch of economic data out Monday underscores a still improving but choppy recovery for the U.S. economy. The manufacturing sector, for example, is expanding but at a slower rate. A final report

Mar 3, 2015

Mobile World looks to 5G

Welcome to the future. A place where you can stream videos as holograms from your phone. HD movies will take a matter of seconds to download. While data speeds reach the giddy heights of 13

Mar 3, 2015

The tech challenges facing automakers

The Volkswagen Passat is Europe's new car of the year. Unveiled at the Geneva International Motor Show, the award is the Oscars for the world's automakers. Heinz-Jakob Neusser is from the Volkswagen

Mar 3, 2015

Why thousands are fleeing Kosovo?

Egzon Bytyci is 18 and from Kosovo. But until a few weeks ago he was planning to leave his home with his parents and his four siblings. The plan - to scale a fence or wade through water on the

Mar 2, 2015

Euro zone optimism despite Greece

Deflation is the big worry in the euro zone at the moment. But the latest data offers a little hope. Consumer prices in the 19 counties sharing the euro fell 0.3% year on year in February - half the

Mar 2, 2015

HP to buy Aruba Networks in $3B deal

Hewlett-Packard is boosting its mobile computing business. It is buying California-based Aruba Networks-- a wi-fi network gear maker for $24.67 per share... that's a 34 percent premium to its closing

Mar 2, 2015

GSK & Novartis try swapping success

There've been several big pharmaceutical takeovers in recent months. But the latest $20-billion deal between Britain's GlaxoSmithKline and Switzerland's Novartis is no merger.

Mar 2, 2015

Europes relief after Estonia election

Another neighbour of Russia has turned towards Europe. Estonia's centre-right prime minister claimed victory in Sunday's election. Taavi Roivas, the leader of the Reform Party, is set to form a

Mar 2, 2015

How can West Africa rebuild after Ebola?

More than 9,500 people in West Africa have died from Ebola - 23,000 more have been infected. Sierra Leone has been worst hit. And although infection rates are now slowing the economy is still

Mar 2, 2015

'Temper' Box Office Collection: Junior NTR Starrer Gross ₹66.75 Crore Worldwide

"Temper" starring Jr NTR and Kajla Aggarwal is continuing with average theater occupancy in Andhra/ Nizam Region

Mar 2, 2015

BSE closes points 97.64 up on March 2

New Delhi, March 2 (ANI): Trading at the Bombay Stock Exchange today closed 97.64 points up to stand at 29,459.14. At the National Stock Exchange the Nifty closed 54.90 points up to stand at 8,956.75. NCC and JK LAKSHMI were among the top gainers of Group A with an increase of 17.47% and 14.77% along with SRE INFRA and HCC with an increase of 14.18% and 10.41% respectively, while the top losers of Group A include MUTHOOT FINANCE LTD. and GMR INFRA with a decrease of 7.08% and 5.60% along with ITC and BAJAJ-AUTO with a decrease of 4.97% and 4.03% at the close of the markets. The Auto sector is down 78.50 points at 19,924.95 while the banking sector is up 408.75 points at 22,981.72 and the reality sector is down at 5.38 points at 1,816.54. The Indian currency is up 0.15% at Rs 61.94 per dollar.

Mar 2, 2015