2 October, 2014 by The TZ Newswire Staff Comments Off on London Markets: EasyJet jumps in London; FTSE 100 off 10-month low
London Markets: EasyJet jumps in London; FTSE 100 off 10-month low
Shares in budget airline EasyJet fly higher following a raised profit forecast, helping the U.K.
2 October, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Salix, Cosmo cancel merger amid inversion crackdown
The Wall Street Journal: Salix, Cosmo cancel merger amid inversion crackdown
Salix and the Italian parent of drug maker Cosmo have ended a merger deal that had been structured as a so-called inversion, which has come under increased scrutiny in Washington and elsewhere.
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2 October, 2014 by The TZ Newswire Staff Comments Off on U.S. hiring seen rebounding in September
U.S. hiring seen rebounding in September
Hiring had faltered in August but a range of signs from robust retail sales to optimism among factory managers point to a level of economic vigor unseen since before the 2007-09 recession. The business sector is now much more likely to hire even before there is a fall in their inventories,” said Patrick O’Keefe, an economist at CohnReznick and a former U.S. The Labor Department will release its monthly employment report at 8:30 a.m. on Friday. The report regularly sets the tone for financial markets worldwide.
2 October, 2014 by The TZ Newswire Staff Comments Off on Futures Movers: Oil futures attempt to rebound from string of sharp losses
Futures Movers: Oil futures attempt to rebound from string of sharp losses
Crude-oil and Brent prices nudge up after this week’s sharp selloff.
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2 October, 2014 by The TZ Newswire Staff Comments Off on Pimco: ‘Bonds are meant to be boring’
Pimco: ‘Bonds are meant to be boring’
Gross’s unusual behavior have been well documented, but what is as remarkable is how Pimco came to believe Gross was a liability. The FT reports.
2 October, 2014 by The TZ Newswire Staff Comments Off on Currencies: Dollar recovers some ground ahead of U.S. jobs data
Currencies: Dollar recovers some ground ahead of U.S. jobs data
The gains for the greenback follow a sharp slide in the past two days, but investors are refraining from major moves ahead of nonfarm-payrolls data later today.
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2 October, 2014 by The TZ Newswire Staff Comments Off on Garage-sized apartment: Yours for $1.5M
Garage-sized apartment: Yours for $1.5M
A studio apartment the size of a parking space has gone on sale in London for more than five times the average U.K. house price.