11 December, 2014 by The TZ Newswire Staff Comments Off on Oil slide hits European stocks, safe-haven assets sought
Oil slide hits European stocks, safe-haven assets sought
A relentless slide in crude prices put energy stocks and currencies exposed to oil exports under pressure on Friday, dampening appetite for riskier assets and underpinning flows into the safety of core …
11 December, 2014 by The TZ Newswire Staff Comments Off on Oil hits lowest in more than five years at $63 on supply glut
Oil hits lowest in more than five years at $63 on supply glut
Brent crude oil slipped on Friday to $63 a barrel, its lowest since July 2009, dragged down by persistent concerns over a global supply glut and a sluggish demand outlook. Brent is down 8 percent this …
11 December, 2014 by The TZ Newswire Staff Comments Off on U.S. authorities face new fallout from insider trading ruling
U.S. authorities face new fallout from insider trading ruling
U.S. prosecutors, already smarting from a appeals court ruling that weakens their ability to crack down on future insider trading, on Thursday faced widening fallout from the decision as some existing …
11 December, 2014 by The TZ Newswire Staff Comments Off on Trillion dollar IT trade deal on a knife-edge at the WTO
Trillion dollar IT trade deal on a knife-edge at the WTO
A trillion dollar deal at the World Trade Organization to reduce tariffs in the vast information technology sector will stand or fall in the next 24 hours, trade diplomats said on Thursday. But late on …
11 December, 2014 by The TZ Newswire Staff Comments Off on U.S. corporations winning fight over human rights lawsuits
U.S. corporations winning fight over human rights lawsuits
A landmark U.S. Supreme Court decision in 2013 that made it all but impossible to sue foreign companies in U.S. courts for alleged roles in overseas human rights abuses is proving to be a boon for U.S. …
11 December, 2014 by The TZ Newswire Staff Comments Off on Fiat Chrysler says no plan to move Ferrari’s tax base outside Italy
Fiat Chrysler says no plan to move Ferrari’s tax base outside Italy
Fiat Chrysler Automobiles has denied a media report saying it was considering a move in the tax residence of its Ferrari luxury sportscar unit outside Italy. “These rumors have no grounds,” FCA …
11 December, 2014 by The TZ Newswire Staff Comments Off on China November output, investment data shows further weakness, more stimulus eyed
China November output, investment data shows further weakness, more stimulus eyed
China’s economy showed further signs of fatigue in November, with factory growth slowing more than expected and investment expansion hovering near a 13-year low, putting pressure on policymakers to unveil …