6 October, 2014 by The TZ Newswire Staff Comments Off on Europe Markets: European stocks slump after German data confirm soft patch
Europe Markets: European stocks slump after German data confirm soft patch
European stock markets post sharp losses on Tuesday after another round of disappointing German data confirm that the eurozone’s largest economy is losing steam.
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6 October, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Rio Tinto confirms it rebuffed Glencore’s takeover bid
The Wall Street Journal: Rio Tinto confirms it rebuffed Glencore’s takeover bid
Miner Rio Tinto says it rejected the deal, which would make Glencore the second-biggest iron-ore producer, because it wasn’t in the best interests of shareholders.
6 October, 2014 by The TZ Newswire Staff Comments Off on Seasonal demand unlikely to halt gold’s slide
Seasonal demand unlikely to halt gold’s slide
Even an army of discount-hungry Indian matriarchs won’t be enough to arrest gold’s slide in the fourth quarter, a CNBC survey of traders showed.
6 October, 2014 by The TZ Newswire Staff Comments Off on Fiat says merger with Chrysler effective as of October 12
Fiat says merger with Chrysler effective as of October 12
Italian car maker Fiat said on Tuesday the merger with its U.S. unit Chrysler will be effective as of Oct. 12 after all conditions for the tie-up to go through were met. Fiat said no creditors had opposed …
6 October, 2014 by The TZ Newswire Staff Comments Off on Currencies: Dollar trims gains after PM Abe talks about ‘demerits’ of yen weakness
Currencies: Dollar trims gains after PM Abe talks about ‘demerits’ of yen weakness
Japanese Prime Minister Shinze Abe triggers some dollar gains after discussing how the yen is affected households and small companies.
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6 October, 2014 by The TZ Newswire Staff Comments Off on Metals Stocks: Gold dips as dollar pushes toward 4-year high
Metals Stocks: Gold dips as dollar pushes toward 4-year high
Gold held above the $1,200-an-ounce level but still struggled to gain a foothold on positive territory as the dollar rallied toward a four-year high.
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6 October, 2014 by The TZ Newswire Staff Comments Off on Metals Stocks: Gold dips as dollar pushes toward 4-year high
Metals Stocks: Gold dips as dollar pushes toward 4-year high
Gold held above the $1,200-an-ounce level but still struggled to gain a foothold on positive territory as the dollar rallied toward a four-year high.
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