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Market News for 25 July 2015
Gold regains sheen on robust stockists buying
livemint.com - 25 Jul 2015 17:44
Standard gold rose by Rs405 on Saturday after falling by Rs445 on Friday
Pearson In Talks To Sell Economist After Financial Times Sale
IBTimes - 25 Jul 2015 17:12
U.K. publishing and education company Pearson is locked in negotiations to sell its 50 percent stake in the Economist Group, which publishes weekly news magazine The Economist. The talks over a potential sale are with ot...
Hamilton revels in searing heat to claim Hungary pole
CNN - 25 Jul 2015 16:38
Lewis Hamilton claims his ninth pole of the Formula One season with a commanding performance in qualifying for the Hungary Grand Prix.
Former Banco Espírito Santo Head Placed Under House Confinement
Wall Street Journal - 25 Jul 2015 14:11
Richard Salgado, the former head of Banco Espírito Santo, has been placed under house confinement after being officially named a suspect in an investigation into the lender's and its parent's collapse, his lawyer said.
Global Growth Worries Pummel Commodities
Wall Street Journal - 25 Jul 2015 04:53
Investors are bailing on commodities amid mounting worries about the pace of global growth. Copper sank to six-year lows, gold fell to a five-year low, and U.S. oil prices sank further below $50 a barrel.
Advisers' Stock Recommendations Drag Down Clients' Portfolios: Study
Wall Street Journal - 25 Jul 2015 03:37
Investors trading stocks with the assistance of financial advisers are more diversified and overcome some common pitfalls, but their stock purchases underperform, the new study shows.
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