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Market News

Location American Market News for 3 September 2017

Why Delphi Could Become a Tech Takeover Target

Wall Street Journal - 3 Sep 2017 18:00
Automotive parts supplier Delphi is transforming itself into a pure play on the digital car.
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Sebi weighs barring auditors if audit fails to give a true picture The proposal from Sebi's panel on corporate governance comes after some listed banks reported bad loans that diverged widely from RBI's assessment
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Indigestion in China's Economy Spells Trouble for Coal

Wall Street Journal - 3 Sep 2017 22:21
After a red-hot 12 months, China's industrial economy is slowing again. That spells trouble for heavily indebted coal firms like Yanzhou Coal, and could mean renewed stress on China's rickety financial system next year.
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For the ECB, There's Only So Much Time to Play For

Wall Street Journal - 3 Sep 2017 20:03
The European Central Bank has emphasized persistence and patience on its monetary policy. But with the path of its bond-purchase program set only until the end of December, the pressure to lay out 2018 plans is building.
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Uptick for Smartwatches Ahead

Wall Street Journal - 3 Sep 2017 19:00
Smartwatches haven't exactly proven to be must-have devices yet, but lower prices and expanded functions may convince more consumers to strap one on.
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The Italian fans' seven-year wait for a Ferrari victory at Monza continues, after Lewis Hamilton cruised to victory in the sun to take the overall championship lead from Sebastian Vettel.
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Aditya Birla group market valuation crosses $50 billion mark The Aditya Birla group has entered the top valuation league with a market cap of over $50 billion after the listing of financial services arm Aditya Birla Capital (ABCL)
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Infosys promoters offer shares worth Rs2,038 crore for buyback Infosys promoters have offered to sell as many as 1.77 crore shares in the company's buyback offer
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RBI rate cuts key to economic revival: BofAML report Bank of America Merrill Lynch said lending rate cuts are key to economic growth recovery and banks should lower rates by 25 bps before the start of the busy season in October
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