18 December, 2014 by The TZ Newswire Staff Comments Off on Currencies: Dollar gains as market digests Fed statement
Currencies: Dollar gains as market digests Fed statement
Dollar rises as investors continue to view the latest Fed meeting and statement as another boon for the greenback.
read more
18 December, 2014 by The TZ Newswire Staff Comments Off on Asia stocks boast biggest rise in 15 months, BOJ brightens
Asia stocks boast biggest rise in 15 months, BOJ brightens
Asian shares enjoyed their best day in 15 months on Friday, after Wall Street boasted its biggest two-day advance since late 2011 amid relief the Federal Reserve was in no rush to withdraw stimulus from …
18 December, 2014 by The TZ Newswire Staff Comments Off on Brent steady below $60, heads for fourth weekly decline as glut persists
Brent steady below $60, heads for fourth weekly decline as glut persists
Brent crude held below $60 a barrel, near a 5-1/2-year low, on Friday as a global oversupply of oil showed little sign of receding, even as companies cut upstream investments next year. Oil prices were …
18 December, 2014 by The TZ Newswire Staff Comments Off on Amazon’s cloud business a harder sell in post-Snowden era
Amazon’s cloud business a harder sell in post-Snowden era
This spring, Taser International Inc won a small but high-profile contract to supply body cameras to the London police. But the deal nearly collapsed over one issue: where the video footage would be stored. …
18 December, 2014 by The TZ Newswire Staff Comments Off on JPMorgan report to outline improved controls: activist
JPMorgan report to outline improved controls: activist
JPMorgan Chase & Co will soon issue a report outlining improved controls it has been enacting in the wake of recent missteps, including its role in the 2008 financial crisis, according to a shareholder …
18 December, 2014 by The TZ Newswire Staff Comments Off on U.S. to sell final $1.25 billion shares of Ally Financial from bailout
U.S. to sell final $1.25 billion shares of Ally Financial from bailout
The U.S. Treasury Department will sell its remaining 54.9 million shares of Ally Financial Inc acquired under the government’s bailout of the auto lender, Ally said on Thursday. The stake is worth about …
18 December, 2014 by The TZ Newswire Staff Comments Off on China revises up size of 2013 economy, sees no effect on 2014 growth
China revises up size of 2013 economy, sees no effect on 2014 growth
China revised up the size of its economy in 2013 but sees that having little effect on economic growth this year, amid expectations that Beijing may roll out more stimulus to support the slowing economy. …