19 August, 2014 by The TZ Newswire Staff Comments Off on Gold ticks up on fund inflows, safe-haven demand
Gold ticks up on fund inflows, safe-haven demand
Gold snapped a two-day losing streak on Tuesday as geopolitical tensions and fund inflows boosted the safe-haven metal, but gains were kept in check by strength in equities and the dollar. Equity markets rose after Russian Foreign Minister Sergei Lavrov said all issues around a humanitarian convoy sent by Moscow to relieve needy areas of eastern Ukraine had been resolved. Spot gold rose 0.2 percent to $1,299.35 an ounce by 0332 GMT, after dropping 0.6 percent in the previous session.
19 August, 2014 by The TZ Newswire Staff Comments Off on US won’t reveal records on health website security
US won’t reveal records on health website security
WASHINGTON (AP) — After promising not to withhold government information over “speculative or abstract fears,” the Obama administration has concluded it will not publicly disclose federal records that could shed light on the security of the government’s health care website because doing so could “potentially” allow hackers to break in.
19 August, 2014 by The TZ Newswire Staff Comments Off on Global stocks up on US housing, Ukraine diplomacy
Global stocks up on US housing, Ukraine diplomacy
BEIJING (AP) — Global stock markets rose Tuesday on improved U.S. housing sentiment and news of diplomatic efforts to broker a cease-fire in Ukraine.
19 August, 2014 by The TZ Newswire Staff Comments Off on BHP unveils spin-off but disappoints with no buyback
BHP unveils spin-off but disappoints with no buyback
Top global miner BHP Billiton (BHP.AX)(BLT.L) will spin off a roughly $16 billion company to shareholders, mostly offloading assets acquired in its 2001 merger with Billiton, as it looks to focus on its strongest businesses. Chief Executive Andrew Mackenzie, in the top job for just over a year, said the move to simplify BHP to its “four pillars” of iron ore, copper, coal and petroleum would rev up growth in cash flow and boost returns.
19 August, 2014 by The TZ Newswire Staff Comments Off on Home Depot quarterly sales rise 5.7 percent
Home Depot quarterly sales rise 5.7 percent
Home Depot Inc , the world’s largest home improvement chain, reported a 5.7 percent rise in quarterly sales as customers spent more on home repairs after a severe North American winter. Home Depot’s net …
19 August, 2014 by The TZ Newswire Staff Comments Off on Slide Show: 7 companies hurt by bad publicity
Slide Show: 7 companies hurt by bad publicity
The Sultan of Brunei is under fire for his decision to introduce Islamic laws that are widely viewed as cruel and homophobic.
19 August, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Merkel to visit Kiev Saturday in clear sign of support for Ukraine
The Wall Street Journal: Merkel to visit Kiev Saturday in clear sign of support for Ukraine
German Chancellor Angela Merkel will travel to Kiev at the invitation of President Petro Poroshenko.
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