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World News

  • German ZEW Economic Sentiment unexpectedl.. 13 Dec 2017 | 12:48 | Dion Global

    Germany's ZEW Indicator of Economic Sentiment fell 1.3 points to 17.4 in December, the Mannheim...more...

  • US producer prices up 0.4% in November 13 Dec 2017 | 12:42 | Dion Global

    The Labor Department said its producer price index in the US for final demand climbed by 0.4 per ce...more...

  • Education, skills training vital for acce.. 13 Dec 2017 | 12:38 | Dion Global

    South Asia’s education and skills training remain binding constraints as the subregion’...more...

  • ADB raises developing Asia's growth o.. 13 Dec 2017 | 12:34 | Dion Global

    The Asian Development Bank (ADB) forecasts that economic expansion in developing Asia will accelera...more...

  • Fiserv announces partnership with TransUn.. 13 Dec 2017 | 12:30 | Dion Global

    Fiserv, Inc., a leading global provider of financial services technology solutions, announced a par...more...

  • Noble Midstream Partners forms JV to buy .. 13 Dec 2017 | 12:20 | Dion Global

    Noble Midstream Partners LP and Greenfield Midstream, LLC announced the formation of a joint ventur...more...

  • Knoll announces plan to acquire Muuto 13 Dec 2017 | 12:17 | Dion Global

    Knoll, Inc. and Muuto announced that Knoll, Inc. has signed a definitive agreement to acquire Muuto...more...

  • Campbell completes acquisition of Pacific.. 13 Dec 2017 | 12:14 | Dion Global

    Campbell Soup Company announced it has completed the acquisition of Pacific Foods of Oregon (Pacifi...more...

  • BCC downgrades UK growth forecast for nex.. 12 Dec 2017 | 12:07 | Dion Global

    The British Chambers of Commerce downgraded its UK growth projection for 2017 was cut to 1.5 per ce...more...

  • Employers report strong hiring across man.. 12 Dec 2017 | 11:59 | Dion Global

    Employers globally are reporting positive hiring intentions as those in 41 of 43 countries forecast...more...

  • T-Mobile and FreeMove announce an expande.. 12 Dec 2017 | 11:48 | Dion Global

    Europe and the US just got a little closer together, at least in mobile terms. T-Mobile and FreeMov...more...

  • Lear to acquire GPS technology company EX.. 12 Dec 2017 | 11:36 | Dion Global

    Lear Corporation, a leading global supplier of automotive seating and electrical systems, today ann...more...

  • FS Investments to create JV with EIG Glob.. 12 Dec 2017 | 11:30 | Dion Global

    FS Investments, a leading alternative investment manager with more than USD 20 billion in assets un...more...

  • 3M to sell all of its Communication Marke.. 12 Dec 2017 | 11:25 | Dion Global

    3M announced that it has entered into agreements related to the sale of substantially all of its Co...more...

  • Aramark completes purchase of Avendra 12 Dec 2017 | 11:22 | Dion Global

    Marriott International announced that the owners of Avendra, LLC have completed the sale of Avendra...more...

  • Wintrust announces veterans first mortgag.. 12 Dec 2017 | 11:20 | Dion Global

    Wintrust Financial Corporation announced that its subsidiary, Barrington Bank & Trust Company, N.A....more...

  • Japan business sentiment improves in Q4 11 Dec 2017 | 12:44 | Dion Global

    Japan's business survey index of large manufacturers strengthened again in the fourth quarter, ...more...

  • UK house prices to increase 1% in 2018: R.. 11 Dec 2017 | 12:03 | Dion Global

    UK house prices are expected to rise at a slower pace next year, property website Rightmove reporte...more...

  • US wholesale inventories down 0.5% October 11 Dec 2017 | 11:59 | Dion Global

    A report released by the US Commerce Department said wholesale inventories fell by 0.5 per cent in ...more...

  • General Electric to cut 1100 jobs in Brit.. 11 Dec 2017 | 11:08 | Dion Global

    General Electric Co plans to cut around 1,100 jobs or 6 per cent of its workforce across its power ...more...

  • SoftBank considering $300-mn investment i.. 11 Dec 2017 | 11:00 | Dion Global

    SoftBank Group Corp plans to invest around USD 300 million into DoorDash, a San Francisco-based foo...more...

  • Toshiba and Western Digital on track to s.. 11 Dec 2017 | 10:28 | Dion Global

    Toshiba Corp and Western Digital Corp have agreed in principle to settle a dispute over the Japanes...more...

  • Bitcoin futures start trading on CBOE exc.. 11 Dec 2017 | 10:17 | Dion Global

    Bitcoin has begun trading on the Cboe Futures Exchange in Chicago in what is being regarded as a st...more...

  • China's Tencent Music to swap minorit.. 11 Dec 2017 | 10:12 | Dion Global

    Spotify and China's Tencent Music Entertainment will buy minority stakes in each other, the com...more...

  • Apple 'to buy Shazam for $400-mn' 11 Dec 2017 | 09:59 | Dion Global

    Apple is reportedly close to acquiring music recognition app Shazam for about USD 400 million. A...more...

  • US weekly jobless claims edge down to 236.. 08 Dec 2017 | 11:46 | Dion Global

    The Labor Department released a report stating that the initial jobless claims in the US edged down...more...

  • US consumer credit jumps $20.5 bn in Oct 08 Dec 2017 | 11:40 | Dion Global

    The Federal Reserve said consumer credit spiked by USD 20.5 billion in October after surging up by ...more...

  • ICL to sell two low synergy businesses fo.. 08 Dec 2017 | 11:34 | Dion Global

    ICL, a leading global specialty minerals and specialty chemicals company, announced that it has agr...more...

  • Nexstar Media to acquire LKQD Technologies 08 Dec 2017 | 11:24 | Dion Global

    Nexstar Media Group, Inc. announced that it entered into a definitive agreement to acquire LKQD Tec...more...

  • BlackBerry and Qualcomm extend strategic .. 08 Dec 2017 | 11:20 | Dion Global

    BlackBerry Limited and Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, announce...more...

  • Arthur J. Gallagher & Co. acquires SouthC.. 08 Dec 2017 | 11:16 | Dion Global

    Arthur J. Gallagher & Co. announced the acquisition of Glenview, Illinois-based SouthCap Brokerage ...more...

  • Sierra Wireless completes acquisition of .. 08 Dec 2017 | 11:09 | Dion Global

    Sierra Wireless, Inc., the leading provider of fully integrated device-to-cloud solutions for the I...more...

  • Coca-Cola elects Jim Dinkins as SVP 08 Dec 2017 | 11:08 | Dion Global

    The Board of Directors of The Coca-Cola Company elected James L. “Jim” Dinkins as a Sen...more...

  • KKR completes acquisition of PharMerica 08 Dec 2017 | 11:03 | Dion Global

    PharMerica Corporation announced the completion of the acquisition of PharMerica by a newly formed ...more...

  • Gilead Sciences and Kite to acquire Cell .. 08 Dec 2017 | 11:01 | Dion Global

    Gilead Sciences, Inc. and its cell therapy subsidiary Kite announced that they have entered into a ...more...

  • Callon Petroleum appoints James Ulm as CFO 08 Dec 2017 | 11:00 | Dion Global

    Callon Petroleum Company announced that James "Jim" Ulm, II has been named Senior Vice President an...more...

  • Singapore top destination for Chinese inv.. 07 Dec 2017 | 14:34 | Dion Global

    India has slipped six notches to 37th position among 60 major economies in the world in terms of th...more...

  • US private sector employment increases in.. 07 Dec 2017 | 12:25 | Dion Global

    Payroll processor ADP said private sector employment climbed by 190,000 jobs in November after surg...more...

  • US labor productivity jumps 3% in Q3 07 Dec 2017 | 12:22 | Dion Global

    The US Labor Department said that the labor productivity jumped by 3 per cent in the third quarter,...more...

  • Adobe names Scott Belsky as chief product.. 07 Dec 2017 | 12:17 | Dion Global

    Adobe announced the appointment of Scott Belsky as chief product officer and executive vice preside...more...

  • First Mobil-branded Service Stations to O.. 07 Dec 2017 | 12:14 | Dion Global

    ExxonMobil announced a partnership with retailer Grupo Orsan to open eight Mobil-branded service st...more...

  • William Hill and Scientific Games reach a.. 07 Dec 2017 | 12:10 | Dion Global

    William Hill PLC announced it has reached agreement with Scientific Games Corporation to unconditio...more...

  • Maxim, CoreStaff sign catalog distributio.. 07 Dec 2017 | 12:01 | Dion Global

    Maxim Integrated Products, Inc. announced that it has signed a catalog distribution agreement with ...more...

  • Duke Energy assumes full ownership of REC.. 07 Dec 2017 | 12:00 | Dion Global

    Duke Energy, one of the largest energy companies in the country, announced today it has acquired fu...more...

  • Independent Bank announces closing of com.. 07 Dec 2017 | 11:58 | Dion Global

    Independent Bank Group, Inc., the holding company for Independent Bank, today announced the closing...more...

  • ICL Signs a Contract with Energean 07 Dec 2017 | 11:36 | Dion Global

    ICL, a leading global specialty minerals and specialty chemicals company, announced today that furt...more...

  • US trade deficit widens to $44.9-bn in Se.. 06 Dec 2017 | 12:55 | Dion Global

    The US Commerce Department said that the country's trade deficit widened to USD 48.7 billion in...more...

  • US ISM non-manufacturing PMI drops to 57... 06 Dec 2017 | 12:51 | Dion Global

    The Institute for Supply Management said its non-manufacturing index for USA dropped to 57.4 in Nov...more...

  • Inflation in OECD area eases to 2.2% in O.. 06 Dec 2017 | 12:47 | Dion Global

    Inflation in the OECD area eased to 2.2 per cent in October from 2.3 per cent in September, data fr...more...

  • Apple wins the EU trademark lawsuit again.. 06 Dec 2017 | 11:52 | Dion Global

    Apple Inc has prevented Chinese smartphone maker Xiaomi Inc from registering its “Mi Pad&rdqu...more...

  • Arthur J. Gallagher acquires Gatehouse Co.. 06 Dec 2017 | 11:31 | Dion Global

    Arthur J. Gallagher & Co. announced the acquisition of London-based Gatehouse Consulting Limited. T...more...

  • Bank of America to repurchase addl. $5 bn.. 06 Dec 2017 | 11:18 | Dion Global

    Bank of America Corporation today announced plans to repurchase an additional USD 5 billion in comm...more...

  • Intuit signs agreement to acquire TSheets 06 Dec 2017 | 11:10 | Dion Global

    Intuit Inc. is taking the next step in making the QuickBooks platform the smarter way to do busines...more...

  • Intuit signs agreement to acquire TSheets 06 Dec 2017 | 11:10 | Dion Global

    Intuit Inc. is taking the next step in making the QuickBooks platform the smarter way to do busines...more...

  • Digerati completes acquisition of Synergy.. 06 Dec 2017 | 11:01 | Dion Global

    Digerati Technologies, Inc. reported that the Company has completed the acquisition of Synergy Tele...more...

  • Bitcoin's market cap surges past $200.. 06 Dec 2017 | 10:54 | Dion Global

    The price of a single bitcoin rose 6.4 per cent on Tuesday, passing USD 12,000 for the first time ...more...

  • Crane Co. to acquire Boston-based Crane &.. 06 Dec 2017 | 10:47 | Dion Global

    Crane Co., a diversified manufacturer of highly engineered industrial products, announced that it h...more...

  • RBA leaves cash rate unchanged at 1.5% 05 Dec 2017 | 13:28 | Dion Global

    The board of the Reserve Bank of Australia, governed by Philip Lowe, maintained the cash rate at 1....more...

  • US factory orders down 0.1% in Oct 05 Dec 2017 | 11:34 | Dion Global

    A report released by the Commerce Department said factory orders edged down by 0.1 per cent in Octo...more...

  • ExxonMobil acquires exploration acreage i.. 05 Dec 2017 | 11:18 | Dion Global

    ExxonMobil announced that its wholly owned affiliate, ExxonMobil Exploration and Production Maurita...more...

  • Messenger Kids is Facebook's new app .. 05 Dec 2017 | 10:26 | Dion Global

    Facebook Inc has rolled out Messenger Kids, an app that lets the world’s biggest social media...more...

  • Wabtec acquires Melett 05 Dec 2017 | 10:23 | Dion Global

    Wabtec Corporation has acquired Melett Limited, a leader in the design, manufacture and supply of h...more...

  • Emerson completes Paradigm acquisition 05 Dec 2017 | 10:12 | Dion Global

    Emerson announced it has completed the purchase of Paradigm®, a leading provider of software so...more...

  • SunTrust finalizes sale of Premium Assign.. 05 Dec 2017 | 10:10 | Dion Global

    SunTrust Banks, Inc. announced it has finalized the sale of the company's commercial lines insu...more...

  • DHI Group announces the sale of Health eC.. 05 Dec 2017 | 10:08 | Dion Global

    DHI Group, Inc., a leading online career resource and talent acquisition platform for technology pr...more...

  • UK manufacturing PMI up to 58.2 in Nov 04 Dec 2017 | 12:22 | Dion Global

    The IHS Markit/Chartered Institute of Procurement & Supply Purchasing Managers' Index for UK ro...more...

  • BlackBerry to pay Nokia $137-mn in paymen.. 04 Dec 2017 | 11:32 | Dion Global

    BlackBerry Limited announced that the International Chamber of Commerce's International Court o...more...

  • Facebook creates 800 jobs as it opens new.. 04 Dec 2017 | 11:28 | Dion Global

    Facebook is opening a new London office and said it would add 800 more jobs in the capital next yea...more...

  • CVS Health to acquire Aetna 04 Dec 2017 | 11:20 | Dion Global

    CVS Health, a company at the forefront of changing the health care landscape, and Aetna, one of the...more...

  • Accenture appoints Wei Zhu as Chairman of.. 04 Dec 2017 | 11:15 | Dion Global

    Accenture has hired financial services executive Wei Zhu as chairman of Accenture Greater China, ef...more...

  • TTM Technologies to acquire Anaren 04 Dec 2017 | 11:12 | Dion Global

    TTM Technologies, Inc. has agreed to acquire Anaren, Inc. for approximately USD 775 million in cash...more...

  • Honeywell acquires privately held SCAME S.. 01 Dec 2017 | 12:47 | Dion Global

    Honeywell announced it has acquired privately held SCAME Sistemi, s.r.l., adding new fire and gas s...more...

  • Verisk to acquire PowerAdvocate 01 Dec 2017 | 11:48 | Dion Global

    Verisk, a leading data analytics provider, has signed a definitive agreement to acquire PowerAdvoca...more...

  • China November Caixin Manufacturing PMI c.. 01 Dec 2017 | 11:41 | Dion Global

    The Caixin Purchasing Managers' Index of China dropped to 50.8 in November from 51.0 in October...more...

  • Cisco chairman John Chambers invests in U.. 30 Nov 2017 | 12:32 | Dion Global

    Speech analytics software company Uniphore said Cisco Executive Chairman John Chambers has picked u...more...

  • UK consumer sentiment slides to a 4-month.. 30 Nov 2017 | 11:17 | Dion Global

    British consumer sentiment index fell to -12 in November from -10 in October. The score was forecas...more...

  • German inflation accelerates in Nov 30 Nov 2017 | 11:13 | Dion Global

    Germany's consumer price index rose 1.8 per cent year-on-year following 1.6 per cent increase i...more...

  • US pending home sales up 3.5% to 109.3 in.. 30 Nov 2017 | 11:07 | Dion Global

    The National Association of Realtors (NAR) released a report and said that its pending home sales i...more...

  • US growth continues at modest to moderate.. 30 Nov 2017 | 10:55 | Dion Global

    The US economy grew at a “slight to moderate” pace over the last several weeks across a...more...

  • Independent Bank Group to acquire Integri.. 30 Nov 2017 | 10:54 | Dion Global

    Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Bank, today announc...more...

  • LSC Communications acquires The Clark Gro.. 30 Nov 2017 | 10:18 | Dion Global

    LSC Communications announced today that it has acquired The Clark Group. Clark is a leading third-p...more...

  • Gladstone Capital invests in GrayMatter 30 Nov 2017 | 10:15 | Dion Global

    Gladstone Capital Corporation announced that it has completed a USD 9.5 million subordinated debt i...more...

  • Not preparing offer for Juniper Networks:.. 30 Nov 2017 | 10:12 | Dion Global

    Nokia has said that it was not in talks to buy US network gear maker Juniper Networks Inc despite e...more...

  • US consumer confidence index climbs to 12.. 29 Nov 2017 | 15:48 | Dion Global

    The Conference Board said its US consumer confidence index climbed to 129.5 in November from an upw...more...

  • No banks are too big to fail: Powell 29 Nov 2017 | 15:43 | Dion Global

    The United States no longer has any banks that pose a systemic risk to the entire financial system ...more...

  • BlackRock to buy asset management busines.. 29 Nov 2017 | 15:05 | Dion Global

    BlackRock and Citibanamex, a subsidiary of Citigroup Inc., announced a definitive agreement for Bla...more...

  • ABB and HPE announce strategic global par.. 29 Nov 2017 | 15:02 | Dion Global

    ABB and Hewlett Packard Enterprise (HPE) announced a strategic global partnership that combines ABB...more...

  • Wells Fargo to exit Personal Insurance Bu.. 29 Nov 2017 | 14:59 | Dion Global

    Wells Fargo & Co. announced that it will exit the Personal Insurance business and immediately begin...more...

  • US new home sales rise 6.2% in October 28 Nov 2017 | 12:41 | Dion Global

    The Commerce Department on Monday showed new home sales surged up by 6.2 percent to an annual rate ...more...

  • Unilever to acquire Sundial Brands 28 Nov 2017 | 12:34 | Dion Global

    Unilever today announced an agreement to acquire Sundial Brands, a New York-based personal care pro...more...

  • Akamai completes acquisition of Nominum 28 Nov 2017 | 12:33 | Dion Global

    Akamai Technologies, Inc. announced the company has completed its acquisition of Nominum, a provide...more...

  • Microsoft and SAP join forces to give cus.. 28 Nov 2017 | 12:22 | Dion Global

    Microsoft Corp. and SAP SE announced integrated offerings to provide enterprise customers with a cl...more...

  • ABB and Kawasaki announce collaborative r.. 27 Nov 2017 | 11:25 | Dion Global

    ABB and Kawasaki Heavy Industries, two global industrial automation and robot suppliers, announced ...more...

  • Cash is still the king in Eurozone: ECB s.. 27 Nov 2017 | 10:09 | Dion Global

    Cash is still preferred by the Euro zone consumers to other options for paying for their purchases,...more...

  • Fake data threatening to euro area econom.. 27 Nov 2017 | 10:05 | Dion Global

    Fake statistics are equally threatening to the euro area economy as fake news is to politics, Europ...more...

  • Ctrip and Big Bus Tours signs strategic a.. 27 Nov 2017 | 09:55 | Dion Global

    Ctrip.com International, Ltd. has signed a strategic partnership agreement with Big Bus Tours. Both...more...

  • Eni signs an EPSA for Block 52, Offshore .. 27 Nov 2017 | 09:52 | Dion Global

    The Government of the Sultanate of Oman, Oman Oil Company Exploration and Production (OOCEP), a sub...more...

  • Lyft raises additional $500-mn in funding 27 Nov 2017 | 09:37 | Dion Global

    Lyft Inc is raising an additional USD 500 million in funding, according to a US share authorization...more...

  • BMW to spend $237 mn on battery cell cent.. 27 Nov 2017 | 09:24 | Dion Global

    BMW, the German luxury carmaker said that it would invest 200 million euros (USD 237 million) in a ...more...

  • Meredith to acquire Time Inc in $2.8 bn d.. 27 Nov 2017 | 09:20 | Dion Global

    Time Inc. announced that it has entered into a definitive agreement to be acquired by Meredith Corp...more...

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Commodity

Gold28411-0.11%
Silver36516-1.73%
Copper429.750.57%
Crude Oil3685-1.26%
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Lead162.350.00%
Nickel714.30.08%

Currency

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