India's Infosys Rejects Allegations Of Discrimination In Its US Hiring Practices In Reaction To Lawsuit
Infosys rejected claims of discrimination after a job applicant in the U.S. filed a lawsuit alleging bias toward South Asians.
Japanese Government To Support Tepco's Efforts To Contain Fukushima Contaminated Water Leak
Japan's government will help Tepco contain radioactive water leak from the Fukushima nuclear power plant, including raising public funds.
Italy's Economy Contracts Less-Than-Expected; UK Industrial Output, Germany Factory Orders Beat Expectations
The latest stat is another sign of recovery in an economy that is clawing back from an 8-quarter-long recession.
US Stock Futures Signal Mixed Open Ahead Of Trade Balance Data, Corporate Earnings
Flat stock futures on Tuesday morning indicate markets could stay in a tight range ahead of trade data and more corporate earnings.
Contaminated Water Leak From Fukushima Plant Is "An Emergency", Which Tepco Alone Cannot Handle: Japan's Nuclear Regulator
Japan's nuclear watchdog says radioactive water leaking out of crippled Fukushima plant cannot be contained by Tepco alone.
Euro Zone Business Expands First Time In 18-Months, Led By Strong Growth In Germany; UK Service Sector Grows Fastest In 6.5 Years
EU business activity expands indicating signs that economies in the region are clawing back from months of economic decay.
US Stock Futures Signal Flat Open Ahead Of ISM’s Non-Manufacturing PMI, Corporate Earnings, And PMI Data From Asia And Europe
However, low trading volumes due to summer vacations may increase market volatility -- typical for August.
China Services Sector PMI, As Reported By HSBC, Posts Modest Expansion, While Composite PMI Contracts
China's service sector shows resilience even as the economy struggles to maintain growth momentum, HSBC's latest reading of PMI shows.
Weird Thefts: Russian Police Arrest Man For Stealing An Entire Road
In Russia, Police arrest a man who allegedly stole an entire road.
US Court Rejects Class Action Certification Sought By Wal-Mart's Women Employees In Gender Bias Case
A U.S. court dismissed a plea from female employees of Wal-Mart seeking class action certification for their gender bias case against the company.
China's Human Rights Record Worsening, US Claims After Two-Day Summit On The Issue
The U.S., citing examples of famous Chinese dissidents, has expressed deep concerns over China's deteriorating human rights policies.
US Stock Futures Point To Flat Open Ahead Of Nonfarm Payrolls, Unemployment Figure, Corporate Earnings Reports, Spending And Income Trends Reports
Friday’s jobs data may help determine if the economy is creating jobs fast enough for the Fed to consider winding down its stimulus program.
New York Attorney General Probes Unfair Use Of Credit Bureau Databases By Top US Banks To Deny Banking Access To Americans
New York's attorney general is probing allegations that top U.S. banks unfairly use credit reports to deny banking access to Americans.
Pre-Market Movers (E Commerce China Dangdang, Yelp, J.C. Penney, Lloyds Banking, NII Holdings, LivePerson, Tower Semiconductor Ltd, ArcelorMittal)
Pre-market movers include E Commerce China Dangdang, Yelp, J.C. Penney, LivePerson, Lloyds Banking, ArcelorMittal, NII Holdings.
US Stock Futures Point To Higher Open Ahead Of Manufacturing PMI Data From ISM, Markit; Jobless Claims; Strong EU Data
A continuation of the Fed's stimulus and a rise in factory activity in the EU and China to keep sentiment upbeat, pending U.S. economic data.
HSBC's China Manufacturing PMI Drops to 11-Month Low In July, While Official PMI Stays In Expansion Territory
Official and private estimates of the state of China's factory sector differ, making it harder to judge the true health of the country's economy.
US Stock Futures Point To Lower Open Ahead of GDP Data, FOMC Meeting Outcome, Corporate Earnings, ADP Non-Farm Payroll
Investors opt for caution ahead of key economic data, with bulls and bears still unconvinced regarding the Fed's tapering timetable.
Pre-Market Movers (Vanda, Array, Nuance, Herbalife, American Capital Agency, Potash Corp./Saskatchewan, Mosaic Co, Barclays PLC, BP plc, Lightbridge)
Pre-market movers for Tuesday include Vanda, Array, Nuance, Herbalife, American Capital Agency, Potash Corp./Saskatchewan, Mosaic Co and Barclays.
US Stock Futures Point To Flat Open Ahead Of Consumer Sentiment Index, Corporate Earnings, GDP Data, FOMC Minutes
Investors have one eye on a consumer confidence report and corporate earnings today, and another on Wed.'s GDP data and Fed decision.
India's Central Bank Keeps Rates Unchanged To Help Falling Rupee Despite Slowdown Concerns; Revises Growth Estimate Downward
India's central bank expressed concerns about a slow global recovery and the impact of the Federal Reserve winding down its stimulus program.
Pre-Market Movers (Elan Corporation, Yingli Green, JinkoSolar, Trina Solar, Saks, Tower Semiconductor, Fortuna Silver Mines, RF MICRO DEVICES, SHANDA GAMES, AVEO)
Pre-market movers for Monday include Elan Corporation, Yingli Green, JinkoSolar,Tower Semiconductor, Fortuna Silver and RF MICRO DEVICES.
US Stock Futures Point To Lower Open Ahead Of Pending Home Sales Report, Corporate Earnings Report, Federal Reserve Meeting Beginning Tuesday
Investors will focus on 3 key data points this week: the Fed meeting, Q2 GDP, and the July U.S. jobs report.
Perrigo To Buy Ireland's Elan Corporation For $8.6B In Cash, Stock Deal
Perrigo hopes to capitalize on Elan’s multiple sclerosis drug, and save on operating costs and taxes by acquiring the Dublin-based firm.
Driver Of Derailed Spanish Train Released Pending Trial; Blames Accident On Momentary Lapse
The driver of a Spanish train, which derailed on Wednesday killing scores, was released pending trial on 79 counts of homicide.
FDA Warns Consumers To Avoid Vitamin B Supplement With Steroid Content
The FDA is warning consumers that they should avoid using a vitamin B dietary supplement that contains potentially dangerous anabolic steroids.
UN Says Agreement Reached With Syria On Inquiry Into Chemical Weapon Use
The UN said it has reached an accord with Syria's government on its alleged use of chemical weapons in the country.
Biocon Posts Strong Q1 Earnings, Which Reflect Indian Biotech Industry's Rapid Growth; Innovation And IP Remain Sticking Points
Biotech in India is growing, aided by strong private ventures and government funds, while concerns over innovation and IP protection remain.
US Stock Futures Point To Flat Open Ahead Of Consumer Sentiment Report, Corporate Earnings
Investors will weigh mediocre earnings growth vs. signs that Europe's economy may be recovering.
Pre-Market Movers (Facebook, Baidu.com, Tripadvisor, Logitech, F5 Networks, Sequenom, Crocs, USEC, ABB, Western Digital)
Pre-market movers on Thursday include Facebook, Baidu.com, Tripadvisor, Logitech, Sequenom, Crocs, USEC, ABB, Western Digital.
US Stock Futures Point To Lower Open Ahead Of Jobless Claims, Durable Goods Orders Data, Corporate Earnings
Wall Street's bulls received a boost Wed.: a solid Facebook earnings report - but does it suggest a strengthening recovery?