16 December, 2014 by The TZ Newswire Staff Comments Off on Euro will fall to $1.10 in 12 months: Pro
Euro will fall to $1.10 in 12 months: Pro
Simon Derrick, chief currency strategist at BNY Mellon, says policy divergence between the European Central Bank and U.S. Federal reserve will see euro/dollar fall to $1.10 in 12 months.
16 December, 2014 by The TZ Newswire Staff Comments Off on What was really behind the ruble’s plummet?
What was really behind the ruble’s plummet?
Simon Derrick, chief currency strategist at BNY Mellon, discusses the catalysts for the rapid decline of the Russian ruble.
16 December, 2014 by The TZ Newswire Staff Comments Off on Brent drops below $60 as OPEC, Russia keep output steady amid glut
Brent drops below $60 as OPEC, Russia keep output steady amid glut
Brent futures fell more than 1 percent on Wednesday, down for a sixth straight session, with persistent worries of a supply glut keeping prices near a 5-1/2 year low under $60 a barrel. Oil prices skidded …
16 December, 2014 by The TZ Newswire Staff Comments Off on Top Democrat says regional banks key to Wall Street win on derivatives
Top Democrat says regional banks key to Wall Street win on derivatives
A top Democrat in the U.S. House of Representatives on Tuesday said unpopular Wall Street banks got a long-sought rollback to Dodd-Frank reforms through Congress last week partly by leveraging the influence …
16 December, 2014 by The TZ Newswire Staff Comments Off on Ruble crisis could shake Putin’s grip on power
Ruble crisis could shake Putin’s grip on power
Russia failed to halt the collapse of the ruble on Tuesday, leaving President Vladimir Putin facing a full-blown currency crisis that could weaken his iron grip on power. A 6.5 percentage point interest …
16 December, 2014 by The TZ Newswire Staff Comments Off on Honda ran tests on fatal air bag flaw, frustrated by Takata reticence: sources
Honda ran tests on fatal air bag flaw, frustrated by Takata reticence: sources
Honda Motor Co was so concerned by mounting recalls for Takata air bags, and frustrated by its supplier’s failure to explain why some have exploded, killing five people with shrapnel, that it bought used …
16 December, 2014 by The TZ Newswire Staff Comments Off on Smoothie maker Jamba counts on Taiwan’s thirst for fruit juice
Smoothie maker Jamba counts on Taiwan’s thirst for fruit juice
Roadside kiosks have sprung up across semi-tropical Taiwan to satisfy residents’ obsession for freshly squeezed juice, and smoothie maker Jamba Inc wants in. The California-based maker of health drinks …