22 July, 2014 by The TZ Newswire Staff Comments Off on Poroshenko Demands Ukraine Separatists Be Declared "Terrorists" Under International Law
Poroshenko Demands Ukraine Separatists Be Declared "Terrorists" Under International Law
As the tit-for-tat public relations blitz continues to play out, Ukrainian President Petro Poroshenko has demanded that the self-proclaimed Donetsk People’s Republic (DPR) and Luhansk People’s Republic (LPR) be recognized as terrorist organizations, “so that any cooperation or support the terrorists receive is recognized as such under international law.” Now that the US has ‘proved’ that the separatists shot down MH17, we suspect the calls will grow louder… even as Poroshenko says he opposes martial law.
22 July, 2014 by The TZ Newswire Staff Comments Off on Why Coca-Cola Slipped and Apple Was Steady After Earnings
Why Coca-Cola Slipped and Apple Was Steady After Earnings
The blue chips despite Coca-Cola shedding 3% on an uninspiring earnings report. Meanwhile, Apple delivered mixed earnings and shares were little changed.
22 July, 2014 by The TZ Newswire Staff Comments Off on Asia stocks rise as risk aversion wanes, Aussie spikes
Asia stocks rise as risk aversion wanes, Aussie spikes
Asian stocks edged up on Wednesday as risk aversion triggered by recent geopolitical tensions continued to ebb, while the Australian dollar spiked on stronger-than-expected inflation data. Violence continued in Gaza, but hopes rose for an easing of tension in Ukraine after pro-Russian rebels handed the flight recorders and victims’ remains from a downed Malaysian airliner to international authorities.
22 July, 2014 by The TZ Newswire Staff Comments Off on Apple revenue lags Street’s view despite strong China growth
Apple revenue lags Street’s view despite strong China growth
Apple Inc posted a smaller-than-expected 6 percent rise in quarterly revenue on Tuesday, but revenue surged 28 percent in greater China despite stiff competition in its third-largest market. It sold 35.2 million iPhones in the June quarter, a rise of about 13 percent that was in line with analysts’ projections, helped by a strong performance in an Asian market considered crucial to Apple’s longer-term growth prospects.
22 July, 2014 by The TZ Newswire Staff Comments Off on Violations at McDonald’s, Yum China supplier company-led: regulator
Violations at McDonald’s, Yum China supplier company-led: regulator
Food safety violations at Shanghai Husi Food Co Ltd, a supplier to global brands including McDonald’s Corp and Yum Brands Inc, were company-led and not the acts of individuals, the official Xinhua news agency said, citing the Shanghai food and drug watchdog. McDonald’s and KFC’s parent Yum, along with a number of other global brands, have been pulled into a food safety scandal in China after it emerged that Shanghai Husi Food, a unit of U.S.-based OSI Group LLC, had supplied expired meat to clients.
22 July, 2014 by The TZ Newswire Staff Comments Off on After Bubble Pops, Saudi Arabia Opens Stock Market To Foreign "Greater Fool" Investors
After Bubble Pops, Saudi Arabia Opens Stock Market To Foreign "Greater Fool" Investors
Shortly after we highlighted the utter ridiculousness of the bubble frenzy in Dubai stocks (30x IPO oversubscription for a firm that did not exist), the Dubai General Financial Markets Index tumbled 30% popping an epic 250% rally since The Fed started QE3.
22 July, 2014 by The TZ Newswire Staff Comments Off on Tuesday Market Wrap
Tuesday Market Wrap
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