Chinese Stock Markets Valued Above $10 Trillion
Chinese stock markets have been the best performers in the world this year. At the end of trading on Friday the Chinese stock market value rose above $10 trillion for the first time, the latest record following a year of tremendous gains. The Chinese stock market has seen an increase of $6.7 trillion in the last 6 months; this has taken the SSE Composite More...
Airline Profits Expected To Soar In 2015
The forecast improvements are mostly due to lower fuel costs for airlines. Fueled by the low cost of oil and a smarter use of plane loads, the global industry forecasts that profits will take off in 2015. The International More...
Lawsuit Filed Against Bulgarian Man Involved In Avon Stock Manipulation
Shares in Avon rose by 20 percent last month following a fake takeover bid. On Thursday The U.S. Securities and Exchange Commission accused a Bulgarian man and several other people from Sofia of submitting More...
Wendy’s Raises Earnings Target And Announces $1.4 Billion Buy Back
Whilst many fast food restaurants are struggling Wendy’s has raised its long-term earnings target. Wendy’s, the US’s third largest fast food store on Wednesday raised its long-term earnings growth More...
Intel Seals It’s Biggest Deal Ever of $16.7 Billion To Acquire Altera
The merge of the companies will help develop improved microchips. Intel Corp on Monday agreed to acquire Altera, the manufacturer of programmable chips, in a $16.7 billion deal which is the largest in its history. Altera More...
CBI Surveys Show The UK’s Economy Is Growing Better Than Expected
Following a tough first quarter the CBI’s recent surveys show better than expected growth. The UK’s economy is growing at its fastest speed in over a year, says the Confederation of British Industry More...