3 December, 2014 by The TZ Newswire Staff Comments Off on Pilot strike grounds half of long-haul flights at Lufthansa
Pilot strike grounds half of long-haul flights at Lufthansa
Pilots at Lufthansa started their second strike this week on Thursday, grounding about half of scheduled long-haul flights at the German flagship carrier, in a drawn-out dispute over an early retirement …
3 December, 2014 by The TZ Newswire Staff Comments Off on Dark-Pool Trading in Europe Sets Records as Rule Overhaul Looms
Dark-Pool Trading in Europe Sets Records as Rule Overhaul Looms
Some European dark pools are setting records for volume as the operators and users of the markets await regulations aimed at increasing transparency.
3 December, 2014 by The TZ Newswire Staff Comments Off on British pound: Time to worry ahead of election?
British pound: Time to worry ahead of election?
Geoffrey Yu, FX strategist at UBS, says he likes sterling in the short term but an “adverse” outcome in a referendum on EU membership would create worries for the currency.
3 December, 2014 by The TZ Newswire Staff Comments Off on Asia cheered by U.S. economic resilience, euro struggles
Asia cheered by U.S. economic resilience, euro struggles
Asian stocks rose on Thursday amid fresh signs of resilience in the U.S. economy, while the euro wallowed near two-year lows before a much-anticipated European Central Bank meeting that could open the …
3 December, 2014 by The TZ Newswire Staff Comments Off on Toyota to recall 190,000 cars in Japan, China over Takata air bags
Toyota to recall 190,000 cars in Japan, China over Takata air bags
Toyota Motor Corp will recall 190,000 vehicles in Japan and China to replace potentially defective front passenger-side air bags made by Takata Corp , the latest in a long line of recalls for the embattled …
3 December, 2014 by The TZ Newswire Staff Comments Off on U.S. jobs, services sector data underscore economy’s resilience
U.S. jobs, services sector data underscore economy’s resilience
U.S. private companies added workers at a fairly brisk clip in November and the services sector grew strongly, suggesting a slowing global economy is having a limited impact on domestic activity. Strengthening …
3 December, 2014 by The TZ Newswire Staff Comments Off on AvantCredit raises $225 million from Tiger Global, Peter Thiel
AvantCredit raises $225 million from Tiger Global, Peter Thiel
For proof financial-services startups are having something of an investor moment, consider AvantCredit, a startup that said Thursday it has closed $225 million in funding from Tiger Global Management, …