25 October, 2014 by The TZ Newswire Staff Comments Off on AT&T: Never Look A High-Yield Gift Horse In The Mouth
AT&T: Never Look A High-Yield Gift Horse In The Mouth
25 October, 2014 by The TZ Newswire Staff Comments Off on ECB faces test of its own as Europe braces for landmark banking review
ECB faces test of its own as Europe braces for landmark banking review
After putting the euro zone’s top 130 banks through their paces, the European Central Bank will face a test of its own on Sunday – will its landmark health check succeed in convincing investors the region’s lenders are safe? The ECB will announce the names of 25 banks that held too little capital at the end of last year, along with details of around 10 banks that have not yet made up the shortfall.
25 October, 2014 by The TZ Newswire Staff Comments Off on Panasonic says to transfer Sanyo TV unit in U.S. to Funai Electric
Panasonic says to transfer Sanyo TV unit in U.S. to Funai Electric
Panasonic Corp said it is transferring its Sanyo television unit in the U.S., which supplies sets to Wal-Mart Stores, to Funai Electric Co. of Japan in return for annual royalty payments. The move allows Panasonic to exit an unprofitable business. The transfer of the unit will likely be completed before the end of March, a spokesman for Panasonic said on Sunday, after the Nihon Keizai newspaper reported it would sell the business to Funai Electric . Shedding the Sanyo business fits with Panasonic’s strategy of pulling back for consumer electronics in a bid to improve profitability.