Beijing court rules in Apple’s favor
Author: AFPSun, 2017-03-26ID: 1490464627573012400BEIJING: A Beijing court has overturned a ruling that Apple’s iPhone 6 violated a Chinese manufacturer’s patent, which saw the US tech giant ordered to cease selling the smartphone in China.In May last year the Beijing Intellectual Property Office (BJIPO) had ruled that Apple violated design patents of Chinese maker Shenzhen Baili with its […]
Week Ahead: Market likely to see some wild swings
The Indian stock market is likely to see some volatility in the coming week, as traders are set to roll over positions in the derivatives segment ahead of expiry of March series contracts.The market will track global economic data and the rupee’s movements against the U.S. dollar for direction. After rising to a 17-month high […]
Weekly Wrap: Sensex shed 0.8% on profit taking
The Indian stock market saw some profit taking in the week ended 24 March 2016, after having rallied to record highs a week earlier. Largely muted global cues and a lack of positive triggers from the domestic front rendered price movements quite sluggish for most part of the week.After recording losses in the first three […]
South Africa's Gordhan to court investors in Britain, U.S.
JOHANNESBURG (Reuters) – South African Finance Minister Pravin Gordhan embarks on a week-long non-deal investor roadshow in Britain and the United States on Monday as weak economic growth and ruling party tensions put the country’s investment grade at risk. Africa’s most industrialised economy escaped being downgraded to junk status last year. S&P Global Ratings and […]
U.S. shares, dollar pare losses after healthcare bill pulled
By Sam Forgione NEW YORK (Reuters) – U.S. shares pared losses to end slightly lower on Friday after Republicans pulled their bill to overhaul the U.S. healthcare system due to a shortage of votes, dealing a blow to U.S. President Donald Trump, while European shares fell ahead of the decision. The benchmark U.S. S&P 500 […]
US STOCKS-Wall St dips in dramatic session as health bill pulled
* Republicans pull healthcare plan in blow to Trump * S&P 500 posts biggest weekly decline of the year * Micron jumps after forecasts beat estimates, helps Nasdaq * Dow down 0.29 pct, S&P up 0.08 pct, Nasdaq up 0.19 pct (Updates with close of U.S. market) By Lewis Krauskopf March 24 (Reuters) – A […]
US STOCKS SNAPSHOT-S&P 500 cuts losses as healthcare bill pulled
NEW YORK, March 24 (Reuters) – Major U.S. stock indexespared losses in late Friday afternoon trading after theRepublican bill to dismantle Obamacare was pulled by U.S. HouseRepublican leadership. Investors have been concerned about how the healthcarebill’s potential failure might affect President Donald Trump’sbroader economic agenda, including tax reform. The Dow Jones Industrial Average fell 59.7 […]
US STOCKS SNAPSHOT-Wall St ends little changed after healthcare bill yanked
NEW YORK, March 24 (Reuters) – A dramatic session on WallStreet ended little changed on Friday as stocks pared lossesafter Republicans pulled their bill to overhaul the U.S.healthcare system. The Dow Jones Industrial Average fell 58.62 points,or 0.28 percent, to 20,597.96, the S&P 500 lost 1.88points, or 0.08 percent, to 2,344.08 and the Nasdaq Composite […]
US STOCKS SNAPSHOT-U.S. stocks at session lows as healthcare vote nears
NEW YORK, March 24 (Reuters) – Major U.S. stock indexesturned negative and sank to session lows on Friday as a highlyanticipated vote in Congress on a healthcare bill neared. Republicans in Congress said they lacked the votes neededfor passage of their U.S. healthcare system overhaul. The WhiteHouse said the vote was set for about 3:30 […]
US STOCKS-Wall St edges up as healthcare bill in doubt
* Vote on legislation set for 3:30 pm ET, White House says * S&P 500 on track for biggest weekly decline of the year * Micron jumps after forecasts beat estimates, helps Nasdaq * Dow down 0.13 pct, S&P up 0.05 pct, Nasdaq up 0.32 pct (Updates to late afternoon) By Lewis Krauskopf March 24 […]
