21 September, 2014 by The TZ Newswire Staff Comments Off on Market Snapshot: Stronger dollar could put squeeze on earnings
Market Snapshot: Stronger dollar could put squeeze on earnings
A rallying U.S.
21 September, 2014 by The TZ Newswire Staff Comments Off on G20 says nearing growth goal, but more needed from Europe
G20 says nearing growth goal, but more needed from Europe
The Group of 20 leading nations say they are tantalisingly close to adding an extra $2 trillion to the global economy and creating millions of new jobs, but Europe’s extended stagnation remains a major stumbling block. The finance ministers and central bank chiefs gathered in the Australian city of Cairns claimed progress on fireproofing the world’s financial system and on closing tax loopholes exploited by giant multinationals.
21 September, 2014 by The TZ Newswire Staff Comments Off on Microsoft delays launch of its Xbox One console in China
Microsoft delays launch of its Xbox One console in China
Microsoft Corp (MSFT.O) has delayed the launch of its Xbox One game console in China, which had been set for release on Tuesday, but the world’s biggest software company said it would be released by the end of the year. Microsoft did not give a reason for the delay in a statement on Sunday. The delay is the latest in a series of setbacks for Microsoft in China, where it is under investigation for suspected anti-trust violations related to the Windows operating system and Microsoft Office. The Chinese government lifted a 2000 ban on gaming consoles earlier this year.