Mon Mar 21, 2016/Reuters By Abhirup Roy U.S.-based IHS Inc (IHS.N) agreed to buy Markit Ltd (MRKT.O) to create a $13 billion London-based data and business research provider, in the latest example of a U.S. company moving its domicile overseas where corporate tax rates are lower. The companies said IHS […]
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Dow closes positive for year as commodities rally, dollar dives
Thu March 17, 2016/Reuters By Laila Kearney Wall St moved higher on Thursday, pushing the Dow Jones industrial average into positive territory for the year, as commodity prices rose on the back of a weaker U.S. dollar to boost shares in the energy and materials sectors. The Dow’s move into […]
Oil rallies to 2016 highs, U.S. crude hits $40 on producer meeting
Thu Mar 17, 2016/Reuters By Barani Krishnan Oil prices hit 2016 highs on Thursday, with U.S. crude piercing the $40 psychological barrier, on optimism that major producers will strike an output freeze deal next month amid soaring gasoline demand in the United States. A weaker dollar .DXY after a Federal […]
