26 November, 2014 by The TZ Newswire Staff Comments Off on OPEC deadline looms as oil hits fresh 4-year low
OPEC deadline looms as oil hits fresh 4-year low
Oil futures sank to a fresh four-year low overnight as ministers from the Organization of the Petroleum Exporting Countries are set to meet Thursday.
26 November, 2014 by The TZ Newswire Staff Comments Off on Currencies: Yen gains against dollar, euro as Nikkei falls
Currencies: Yen gains against dollar, euro as Nikkei falls
Yen firms up, with a 1% fall in the Nikkei helping out in a day which will see thin trade due to the Thanksgiving Day holiday.
read more
26 November, 2014 by The TZ Newswire Staff Comments Off on Futures Movers: Oil sinks further as OPEC meeting looms
Futures Movers: Oil sinks further as OPEC meeting looms
Comments from Saudi Arabia’s oil minister a day prior continues to sink oil prices and hopes for a cut in production.
read more
26 November, 2014 by The TZ Newswire Staff Comments Off on Ebola vaccine from Glaxo passes early safety test
Ebola vaccine from Glaxo passes early safety test
An experimental Ebola vaccine made by GlaxoSmithKline caused no serious side effects, scientists reported on Wednesday.
26 November, 2014 by The TZ Newswire Staff Comments Off on Oil price fall starts to weigh on banks
Oil price fall starts to weigh on banks
Banks are facing potentially heavy losses on an $850m loan made to two oil and gas companies, the FT reports.
26 November, 2014 by The TZ Newswire Staff Comments Off on Indonesia’s Lion Group buying ATR planes worth $1 billion in Asia expansion
Indonesia’s Lion Group buying ATR planes worth $1 billion in Asia expansion
Indonesia’s Lion Group is buying an additional 40 aircraft from ATR for $1 billion at list prices, the companies said, in a move that will make Lion the biggest customer of the European manufacturer. The …
26 November, 2014 by The TZ Newswire Staff Comments Off on ‘Agressive’ US dollar rally in 2015: Pro
‘Agressive’ US dollar rally in 2015: Pro
The U.S. dollar will see an “aggressive” rally in 2015, Ipek Ozkardaskaya, FX analyst at Swissquote Bank, says with euro/dollar weakening.