Google Inc May End its Operations in China, the Largest Internet Market Following a “Sophisticated and Targeted” Cyber Attack Which Originated in the Country German Economy Posts Biggest Post-War Contraction Last Year, Falling 5% from 2008 as the Country’s Key Export Sectors Were Hurt by the Global Downturn Ex-Chief Executive of Kyocera Corp Kazuo Inamori [...]
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Tagged German Economy, German Economy Contraction, Google, Google China, Japan Corporate Bankruptcies, Joe Price, Kazuo Inamori, Overnight Market News, Overnight Markets, Societe Generale SA, Societe Generale SA Profit
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Heineken NV to Purchase Fomento Economico Mexicano SAB’s (FEMSA) Beer Unit for USD 7.7B to Expand in Mexico Chinese Exports Climb 17.7% in December 2009, Allowing the Country to Surpass Germany as the World’s Biggest Exporter China Overtakes US as Globe’s Largest Automobile Market as 2009 Vehicle Sales Rise 46% Venezuela’s President, Hugo Chavez Threatens [...]
India’s Reliance Industries Ltd Increases Bid for Bankrupt Chemical-Maker LyondellBasell Industries AF to USD 13.5B Compared With Previous Offer of USD 12B US Jobless Data Which is to be Released Later this Morning is Forecasted to Show that US Jobs Remained Flat in December After Falling by 11k in the Previous Month Formula One Tycoon [...]
China’s Central Bank Unexpectedly Raises Interest Rate on its Three-Month Bills as it Looks to Keep a Tighter Reign on Credit Growth Costco Wholesale Corp’s December Same-Store Sales Climb 9% Year-Over-Year, Trumping Analysts’ Expectations for a 7.5% Increase Samsung Electronics Co Expects to Rebound with a Fourth-Quarter Operating Profit of up to USD 3.44B Versus [...]
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Tagged China Interest Rates, Continental AG, Continental AG Stock Sale, Costco, Costco Same-Store Sales, Eurozone Retail Sales, Eurozone Retail Sales Decline, J Sainsbury, Overnight Market News, Overnight Markets, Samsung Electronics, Samsung Electronics Loss
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Smartphone Manufacturer, HTC Corp Reports a 31% Fall in Fourth Quarter Profit to USD 175mm, Marking its Sixth Consecutive Decline in Quarterly Profits European Central Bank Official, Juergen Stark Says that the Central Bank Will Not Help to Bailout Greece as the Country Faces Fiscal Deterioration and Worsening Debt Dynamics Goldman Sachs Group Inc is [...]
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Tagged Goldman Sachs Group, Greece Bailout, Hershey Cadbury, Hirohisa Fujii, HTC Corp, HTC Corp Profit, Naoto Kan, Overnight Market News, Overnight Markets, Sumitomo Mitsui Financial Group, Sumitomo Mitsui Financial Group Preferred Shares, Yukio Hatoyama
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Kraft Foods Inc Sells US Frozen Pizza Business to Nestle SA for USD 3.7B, Raising Funds to Improve its Bid for Cadbury Plc South Korean Conglomerate, Kumho Asiana Group Plans to Raise USD 1.1B Via Asset Sales and Job Restructuring in Effort to Repay Debt UAL Corp’s United Airlines Division Plans to Sell USD 500mm [...]
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Tagged Biogen Idec CEO, Ford Motor, Ford Motor China, German Unemployment, James Mullen, Kraft Foods, Kraft Foods Frozen Pizza, Kraft Foods Nestle, Kumho Asiana Group, Overnight Market News, Overnight Markets, UAL Corp’s United Airlines Division, UAL Corp’s United Airlines Division Senior Notes, Unemployment In Germany
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Novartis AG Plans Complete Takeover of Alcon, Inc; to Buy Out Remainder of Shares from Nestle SA and Minority Shareholders for USD 39.3B China Manufacturing Grows at Fastest Pace in 5 Years, HSBC Purchasing Manager Index Rises to 56.1 in December 2009 from 55.7 in November 2009 Kraft Foods Inc to Raise its GBP 10B [...]