World Business

World Business

Pakistan To Ink USD50-Billion Deals With China

ISLAMABAD, PAKISTAN - China, the world's second-largest economy, is set to sign deals worth USD50 billion with Pakistan under the China-Pakistan Economic Corridor (CPEC),...

Commercial International Bank (Egypt) Concludes Sale of Insurance Stakes to AXA

CAIRO, Egypt – The Commercial International Bank (Egypt) has informed the Egyptian Exchange that it has finalized the procedures of selling the bank stake...

Cox Employee Relief Fund Surpasses USD4m in Employee Grants

ATLANTA - More than 1,700 employees have received direct assistance from the Cox Employee Relief Fund (CERF) since it was established a decade ago. CERF...

Abbot Laboratories (NYSE:ABT) Gets Lower Price Target

BMO Capital Markets has lowered the price target for Abbot Laboratories (NYSE:ABT) to US$48.00 from US$56.00 a share before Monday's market opening. Abbott Laboratories (NYSE:ABT)...

Student Housing Specialist Xior Lists on Euronext Brussels

BRUSSELS – Student housing specialist Xior Student Housing (XIOR) has officially listed on Euronext Brussels, a report published on Euronext’s website said. With an issue...

US Services Sector PMI Hits 7-Month High in March

NEW YORK - Global financial information and services firm Markit Ltd said the final reading of its Purchasing Managers Index for the US services...

Zynga To Cut 364 Jobs in Cost Cutting Move

San Francisco-based video-game maker Zynga announced that it will cut about 18 percent of its workforce by the fourth quarter of this year, a...
Mackenzie Investments

Mackenzie Investments Joins TSX

Toronto Stock Exchange (TSX) welcomes Mackenzie Financial Corporation (Mackenzie Investments), one of Canada's largest independent asset managers, to open trading this morning to celebrate...

Company Shares of Bank of America Corporation (NYSE:BAC) Trade Higher

Bank of America Corporation (NYSE:BAC)'s stock closed higher last week at $15.89 a share, up 2.19% from the previous close of $15.55. The question...

Domino’s Pizza Inc (NYSE:DPZ) Slightly Down As Company Misses Revenue Estimate

Domino's Pizza, Inc (NYSE:DPZ)'s stock was slightly down in premarket trading on Thursday after the company reported its quarterly revenue that missed estimates for...

Shares of Johnson Controls Inc (NYSE:JCI) Up In Early Trading As Company Celebrates Golden...

NEW YORK - Johnson Controls Inc (NYSE:JCI)'s stock was trading slightly higher in the early session at the New York Stock Exchange as the...

Microsoft Corporation (NASDAQ:MSFT) Reiterated To Buy by Deutsche Bank

Equities researchers at Deutsche Bank has reiterated its Buy rating on Microsoft Corporation (NASDAQ:MSFT) in a report released before the market opening on Monday. The...

Landsbankinn Signs EUR-Denominated Loan Facility With Nordic Investment Bank

Landsbankinn, an Icelandic bank headquartered in Reykjavík, and the Nordic Investment Bank (NIB) have signed a five-year loan agreement in the amount of EUR...

Bridgestone Canada Expanding Joliette Plant with USD300M Investment

Bridgestone Canada is expanding its Canadian passenger and light truck tire manufacturing facility in Joliette with a USD300 million investment. In a statement, the company...

US: Aegon NV Upgraded by Goldman Sachs to Buy But Will Investors Do...

Aegon NV (NYSE:AEG), which provides life insurance, pensions and asset management products and services in the US, Europe and Asia, is upgraded by Goldman...

American Airlines Names Operations Officers to Leadership Team

TEXAS, USA – American Airlines Group Inc. announced the appointment of two Air Operations officers to its leadership team. Kimball Stone has been named Vice...

11 Canadian Stocks Hit 52-Week Highs on Friday at Toronto Stock Exchange

TORONTO, CANADA - Even as the S&P/TSX Composite Index was down by 14.30 points at the close on Friday, 11 stocks trading at the...