4 December, 2014 by The TZ Newswire Staff Comments Off on Asian shares, dollar awaits U.S. jobs report
Asian shares, dollar awaits U.S. jobs report
Asian shares drifted while the dollar marked time on Friday ahead of the key U.S. jobs report later in the session that could help it retake ground lost to the euro overnight. MSCI’s broadest index of …
4 December, 2014 by The TZ Newswire Staff Comments Off on Brent extends losses below $70 after Saudi price cut
Brent extends losses below $70 after Saudi price cut
Brent crude extended losses below $70 a barrel on Friday and was set for a second weekly fall, with top oil exporter Saudi Arabia cutting prices in another indication it would maintain output in an oversupplied …
4 December, 2014 by The TZ Newswire Staff Comments Off on RadioShack to stop matching for 401(k) retirement plans: Bloomberg
RadioShack to stop matching for 401(k) retirement plans: Bloomberg
Electronics retailer RadioShack Corp will stop matching employees’ retirement-fund contributions and review health benefits to help cut costs, Bloomberg reported on Thursday, citing an internal memo. RadioShack …
4 December, 2014 by The TZ Newswire Staff Comments Off on Barnes & Noble, Microsoft end Nook Media pact
Barnes & Noble, Microsoft end Nook Media pact
Barnes & Noble Inc struck a deal to buy Microsoft Corp’s stake in Nook Media LLC, ending a two-year partnership and clearing the way for the bookseller to spin off its loss-making e-reader and digital …
4 December, 2014 by The TZ Newswire Staff Comments Off on Mazda expands recall for U.S. cars with Takata passenger air bags
Mazda expands recall for U.S. cars with Takata passenger air bags
Mazda Motor Corp said on Thursday it will expand to additional states its recall of vehicles with Takata Corp passenger-side air bags after U.S. regulators requested it. Mazda was among 10 automakers that …
4 December, 2014 by The TZ Newswire Staff Comments Off on GM’s Cadillac aims to increase global annual sales to over 500,000 by 2020: senior executive
GM’s Cadillac aims to increase global annual sales to over 500,000 by 2020: senior executive
General Motors Co’s Cadillac aims to increase its global annual sales to over 500,000 cars by 2020, a senior executive said on Friday. Cadillac President Johan de Nysschen made the comments at an event …
4 December, 2014 by The TZ Newswire Staff Comments Off on Fiat Chrysler launches $2.5 billion mandatory convertible bond, share offer
Fiat Chrysler launches $2.5 billion mandatory convertible bond, share offer
Fiat Chrysler Automobiles said on Thursday it had launched an expected share offer and a $2.5 billion mandatory convertible bond as it seeks to reduce its mounting debt pile and fund an ambitious five-year …