4 February, 2015 by The TZ Newswire Staff Comments Off on Shell, U.S. oil workers to talk more on fourth day of refineries strike
Shell, U.S. oil workers to talk more on fourth day of refineries strike
Negotiations will resume on Wednesday between Royal Dutch Shell Plc (RDSa.L) and union leaders as they haggle over a new wage contract for striking U.S. refinery workers, the company said. The two camps have been at an impasse since the United Steelworkers union (USW) called walkouts early on Sunday for the first time since 1980 at nine plants with about 10 percent of U.S. refining capacity, saying Shell left the negotiating table when talks broke down.
4 February, 2015 by The TZ Newswire Staff Comments Off on Saudi’s Kingdom Holding sells 5.6 percent stake in News Corp
Saudi’s Kingdom Holding sells 5.6 percent stake in News Corp
Saudi Arabia’s Kingdom Holding , the investment firm owned by billionaire Prince Alwaleed bin Talal, sold most of its stake in media giant News Corp (NWSA.O) as part of a portfolio review, it said on Wednesday. The sale of a 5.6 percent stake in News Corp generated 705 million riyals ($188 million) of cash for Kingdom and leaves it with a one percent holding, according to a bourse statement. Kingdom has held a stake in Rupert Murdoch’s media conglomerate since 1997, according to its website.
4 February, 2015 by The TZ Newswire Staff Comments Off on Greek leader starts talks with EU debt supervisor
Greek leader starts talks with EU debt supervisor
Greece’s prime minister began talks Wednesday with one of his country’s main debt supervisors, as the EU awaits a clear signal from the new government on how it intends to repay its massive bailout loans. …
4 February, 2015 by The TZ Newswire Staff Comments Off on China moves to boost lending, reverse slowdown
China moves to boost lending, reverse slowdown
China on Wednesday cut the minimum level of reserves its banks are required to hold in a new move to reverse a deepening economic slowdown. The reduction will make more money available for lending and …
4 February, 2015 by The TZ Newswire Staff Comments Off on Frontrunning: February 4
Frontrunning: February 4
4 February, 2015 by The TZ Newswire Staff Comments Off on Market Snapshot: U.S. stocks futures struggle as oil gives back gains; ADP data ahead
Market Snapshot: U.S. stocks futures struggle as oil gives back gains; ADP data ahead
Stock futures ease a day after monster gains for Wall Street, as investors wait on private-sector payrolls data, ISM services and a whole bunch of data.
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