2 December, 2014 by The TZ Newswire Staff Comments Off on Exclusive: Takata CEO called to explain air bag crisis to Japan’s industry ministry – sources
Exclusive: Takata CEO called to explain air bag crisis to Japan’s industry ministry – sources
Japan’s powerful industry ministry has summoned Shigehisa Takada, chairman and CEO of Takata Corp, to explain what the company is doing to resolve a crisis over potentially deadly air bags, two people …
2 December, 2014 by The TZ Newswire Staff Comments Off on Currencies: Dollar flat against yen after setting fresh 7-year high
Currencies: Dollar flat against yen after setting fresh 7-year high
Hawkish comments by fed members helped to push the dollar to a fresh seven-year high against the yen, though the currency flattened out in Asia.
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2 December, 2014 by The TZ Newswire Staff Comments Off on French bank tells investors to dump UK assets
French bank tells investors to dump UK assets
French bank Societe General has told investors to steer clear of U.K. assets.
2 December, 2014 by The TZ Newswire Staff Comments Off on Sony Pictures struggles to recover after cyber attack
Sony Pictures struggles to recover after cyber attack
Eight days after a massive cyber attack on Sony Pictures Entertainment, the studio was still struggling to recover.
2 December, 2014 by The TZ Newswire Staff Comments Off on Morgan Stanley snaffles $4.7B deal
Morgan Stanley snaffles $4.7B deal
Morgan Stanley is being credited with the most audacious “deal steal” seen in years by Hong Kong bankers, the FT reports.
2 December, 2014 by The TZ Newswire Staff Comments Off on Asian shares edge down, oil rises as crude inventories decline
Asian shares edge down, oil rises as crude inventories decline
The dollar marked a fresh seven-year high against the yen on Wednesday, which helped lift the Nikkei to a similar closing record, while oil prices recovered on news of a drop in U.S. supply. MSCI’s broadest …
2 December, 2014 by The TZ Newswire Staff Comments Off on U.S. November auto sales pace best since 2003
U.S. November auto sales pace best since 2003
The top six automakers sold more cars and trucks in November than analysts expected, with a healthy economy, generous discounts and low fuel prices luring consumers into U.S. showrooms. The industry’s …