29 July, 2014 by The TZ Newswire Staff Comments Off on Europe Markets: European stocks shrug off Russia sanctions amid solid earnings
Europe Markets: European stocks shrug off Russia sanctions amid solid earnings
Major red flags of the possible fallout from tougher sanctions on Russia came Tuesday, when U.K. oil producer BP warned that further economic restrictions would hurt its business.
29 July, 2014 by The TZ Newswire Staff Comments Off on Slide Show: 5 ways to invest in sex
Slide Show: 5 ways to invest in sex
There are many ways to invest in sex.
29 July, 2014 by The TZ Newswire Staff Comments Off on Sparks fly as OkCupid admits to mismatching users
Sparks fly as OkCupid admits to mismatching users
OkCupid purposely mismatched users to test its technology and the effect of telling people their compatibility.
29 July, 2014 by The TZ Newswire Staff Comments Off on Early movers: UPS, MRK, PFE, MCD, DRI, HLF & more
Early movers: UPS, MRK, PFE, MCD, DRI, HLF & more
Names on the move ahead of the open.
29 July, 2014 by The TZ Newswire Staff Comments Off on ‘Overvalued’ sterling tipped for a fall
‘Overvalued’ sterling tipped for a fall
With the resurgent greenback set to react further to economic data coming from the U.S., many analysts have argued that sterling has reached a tipping point.
29 July, 2014 by The TZ Newswire Staff Comments Off on Airbus terminates sale of six A380 superjumbos to Japan’s Skymark
Airbus terminates sale of six A380 superjumbos to Japan’s Skymark
Airbus Group NV said on Tuesday it has terminated an agreement to deliver six A380 superjumbo jets to Skymark Airlines Inc after the Japanese discount carrier struggled to raise enough cash to pay installments on the aircraft. In a briefing in Tokyo before Airbus’s announcement, Skymark’s CEO and chief investor, Shinichi Nishikubo, said that the European aircraft maker had refused to consider changes to the 2011 purchase agreement, including reducing the number of aircraft or offering smaller jets and had notified it of the termination in a faxed message on Sunday.
29 July, 2014 by The TZ Newswire Staff Comments Off on Deutsche Bank profit rises as investment bank focus pays off
Deutsche Bank profit rises as investment bank focus pays off
Deutsche Bank’s plan to become “the last man standing” in investment banking in Europe is working, the bank said on Tuesday, reporting a 16 percent year-on-year increase in quarterly pretax income. Deutsche Bank faces an array of investigations that ranges from allegations of manipulating the Libor benchmark rate to unfairly favoring some investors in so-called dark pools and has already paid more than 5 billion euros over the past two years in settlements and fines.