VIDEO: Wall Street, Europe Buoyed by GOP Senate Win
Republicans had a sweep in the midterm elections and the markets are reacting. WSJ’s Polya Lesova has the details on the News Hub with Simon Constable. Photo: AP
05
Nov
2014
Tagged: United States
29
Aug
2014
VIDEO: BP Says Whiting Refinery Still In Production After Fire
BP said its largest U.S. oil refinery in Whiting, Indiana, continued to operate on Thursday morning following a blaze the night before that was expected to have a minimal impact on production. The company said one worker was taken to an area hospital for treatment, but was later released. BP...
25
Aug
2014
VIDEO: Pressure Builds Within Fed To Signal New Policy Course
Pressure is building within the Federal Reserve for officials to move as early as next month to more clearly acknowledge improvements in the U.S. economy and lay the groundwork for the central bank’s first interest rate hike in nearly a decade. According to some U.S. central bankers and their close...
23
Aug
2014
VIDEO: HSBC Is Sued In U.S. For $250 Million Over Alleged Role In ‘death Bonds’
HSBC was sued for $250 million on Friday for allegedly ignoring red flags that a colorful British entrepreneur, the late David Elias, was committing fraud through an investment vehicle he controlled. According to the complaint, HSBC had been a custodian of life insurance policies used as collateral for bonds that...
04
Aug
2014
VIDEO: Toyota Dreams Of Green Car Future, But Tied To Gas-guzzler Present
Toyota Motor Corp is hitching its future to green cars, investing billions of dollars in gasoline-electric hybrids and fuel-cell vehicles, but for now its record profit performance is being powered largely by a gas-guzzling U.S. market. In the United States, relatively cheap gasoline prices helped to spur brisk 9 percent...
24
Jul
2014
VIDEO: Can China Replicate America’s Shale Revolution?
On the sidelines of Heard on the Street Live in Hong Kong, Neil Beveridge, senior oil analyst at Sanford C. Bernstein, gives his take on how America’s energy bonanza will affect China, and whether China can create its own shale revolution.
13
Jul
2014
VIDEO: Shire Seeks AbbVie Bid Of Close To 53 Pounds Per Share: Sources
According to people familiar with the matter, Shire Plc is seeking a higher takeover offer from U.S. drugmaker AbbVie that would value the company at about 31 billion pounds. Shire, which on Friday confirmed it has met with AbbVie to discuss a takeover, had asked AbbVie to sweeten its offer...
05
Jul
2014
VIDEO: BMW’s $1 Billion Plant Surfs Mexican Investment Wave
Luxury car maker BMW revealed a $1 billion Mexican plant investment on Thursday, becoming the latest major automaker to take advantage of the country’s growing industrial base and tariff-free access to the U.S. market. The automaker outlined plans to build a factory in the central Mexican city of San Luis...
01
Jun
2014
VIDEO: Great News For The Auto Industry: The Average Trade-In Has Stopped Aging So Fast
Growth in the age of the average trade-in has started to slow. That suggests one of the lessons of the Great Recession continues to wear off – the one where people realized they didn’t actually need to buy a new car anywhere near as often as they did in the...
19
May
2014
VIDEO: India’s New Party Election Could Lure U.S. Firms
The sweeping victory of India’s opposition party and its pro-business leader will likely create a more stable, tax-friendly investment climate for U.S. companies, analysts say. On Friday, the Bharatiya Janata Party and its allies won more than the 272 seats needed for a majority in Parliament, pushing the long-dominant Congress...
13
May
2014
VIDEO: Pfizer Boss Enters Lion’s Den Of UK Politics To Sell AstraZeneca Deal
The boss of U.S. drugmaker Pfizer faces UK lawmakers on Tuesday with a promise and a threat to protect British jobs in his proposed joint creation with AstraZeneca of a global powerhouse upon which he says the latter’s future depends. Ian Read faces hostile questions in parliament over his proposed...
11
May
2014
VIDEO: Pakistan Making Progress In Economic Reforms, Says IMF
Pakistan has made progress in its economic reforms and the International Monetary Fund’s board will likely meet in late June to decide whether to clear the way for the latest installment in a $6.6 billion loan. Jeffrey Franks, IMF mission chief for Pakistan said “i’m encouraged by the overall progress...
Recent Comments