6 January, 2015 by The TZ Newswire Staff Comments Off on Euro hits fresh low before inflation trial, bonds boom
Euro hits fresh low before inflation trial, bonds boom
The euro hit a nine-year trough on Wednesday as collapsing oil prices and worries about the world economy drove skittish investors into the arms of safe-haven sovereign debt. From Japan to Germany to Australia, …
6 January, 2015 by The TZ Newswire Staff Comments Off on Oil prices hit fresh lows, no end in sight to slump
Oil prices hit fresh lows, no end in sight to slump
Oil prices hit fresh five-and-a-half-year lows on Wednesday as global business growth slowed to its weakest level in a year and analysts said a building supply glut meant that more falls were likely before …
6 January, 2015 by The TZ Newswire Staff Comments Off on Audio equipment maker Monster sues Beats over alleged fraud
Audio equipment maker Monster sues Beats over alleged fraud
Audio equipment maker Monster LLC has sued Beats Electronics LLC, owned by Apple Inc , over alleged “fraud and deceit” in the way that Beats acquired control of the rights to the popular “Beats …
6 January, 2015 by The TZ Newswire Staff Comments Off on Intel Corp chief shows wrist-worn drone; promises to employ more women
Intel Corp chief shows wrist-worn drone; promises to employ more women
Intel Corp Chief Executive Brian Krzanich showed off a computer built into a jacket button and a wristband that transforms into a selfie-snapping flying camera, as the chipmaker extends its push into smart …
6 January, 2015 by The TZ Newswire Staff Comments Off on U.S. recalls may climb this year says car safety chief
U.S. recalls may climb this year says car safety chief
A recent wave of auto recalls may lead to even more flaws being discovered this year as drivers become alert to design faults, the top U.S. car safety official said on Tuesday. Recalls of air bags and …
6 January, 2015 by The TZ Newswire Staff Comments Off on Shell to pay out $83 million to settle Nigeria oil spill claims
Shell to pay out $83 million to settle Nigeria oil spill claims
Royal Dutch Shell will pay out 55 million pounds in compensation for two oil spills in Nigeria in 2008 after agreeing a settlement with the affected community. The largest ever out-of-court settlement …
6 January, 2015 by The TZ Newswire Staff Comments Off on Harold Hamm offers $975 million divorce check; ex-wife rejects it
Harold Hamm offers $975 million divorce check; ex-wife rejects it
Harold Hamm, the chief executive of oil driller Continental Resources who is embroiled in a bitter divorce, offered to pay his former wife $974.8 million, but she rejected a hand-written check, lawyers …