13 November, 2014 by The TZ Newswire Staff Comments Off on Asia slips in wake of soft data, oil stuck near lows
Asia slips in wake of soft data, oil stuck near lows
Asian stocks fell on Friday following fresh signs of slowing Chinese growth, with energy stocks depressed across the region as crude oil hovered near a four-year low in an oversupplied market. Spreadbetters …
13 November, 2014 by The TZ Newswire Staff Comments Off on Buffett’s Berkshire Hathaway buys P&G’s Duracell
Buffett’s Berkshire Hathaway buys P&G’s Duracell
Berkshire Hathaway Inc has agreed to acquire Procter & Gamble Co’s Duracell battery unit in a complex transaction that lets Berkshire Chairman Warren Buffett buy a business he has supported for two decades …
13 November, 2014 by The TZ Newswire Staff Comments Off on U.S. judge upholds BP ‘gross negligence’ Gulf spill ruling
U.S. judge upholds BP ‘gross negligence’ Gulf spill ruling
A U.S. judge weighing how much BP Plc should be punished for the 2010 Gulf of Mexico oil spill on Thursday refused to overturn his own finding that the oil company’s conduct was “grossly negligent.” …
13 November, 2014 by The TZ Newswire Staff Comments Off on Royal Bank of Scotland to exit U.S. mortgage business
Royal Bank of Scotland to exit U.S. mortgage business
Royal Bank of Scotland Plc’s securities unit will now exit its U.S. mortgage trading business after originally planning to shrink it by two-thirds. Exiting mortgage backed-security, commercial real estate …
13 November, 2014 by The TZ Newswire Staff Comments Off on Herbalife board member a target in long-running Brazilian fraud case
Herbalife board member a target in long-running Brazilian fraud case
A director of U.S. nutrition company Herbalife is among 12 people charged in a years-old Brazilian embezzlement case that has never been mentioned in Herbalife public disclosures, according to court documents …
13 November, 2014 by The TZ Newswire Staff Comments Off on Exclusive: U.S. FTC asking Apple about health data protection
Exclusive: U.S. FTC asking Apple about health data protection
The U.S. Federal Trade Commission is seeking assurances from Apple Inc that it will prevent sensitive health data collected by its upcoming smartwatch and other mobile devices from being used without owners’ …
13 November, 2014 by The TZ Newswire Staff Comments Off on Takata says it is subject of U.S. criminal probe on air bags
Takata says it is subject of U.S. criminal probe on air bags
Takata Corp is the subject of a U.S. criminal investigation over defective car air bags that have been linked to five deaths, and executives from the Japanese company and its major client Honda Motor Co …