16 February, 2015 by The TZ Newswire Staff Comments Off on Coca-Cola: What’s The 2015 Dividend Raise?
Coca-Cola: What’s The 2015 Dividend Raise?
16 February, 2015 by The TZ Newswire Staff Comments Off on The Margin: China’s weather service blames inaccuracy on Russian ruble
The Margin: China’s weather service blames inaccuracy on Russian ruble
In an unusual move, China’s national weather service is warning that its forecasting may lose some precision due to Russia’s economic problems, including a depreciation in the ruble.
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16 February, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: U.S. regulators revive work on incentive-pay rules
The Wall Street Journal: U.S. regulators revive work on incentive-pay rules
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16 February, 2015 by The TZ Newswire Staff Comments Off on Canada’s Fairfax to buy insurer Brit Plc for $1.88 billion
Canada’s Fairfax to buy insurer Brit Plc for $1.88 billion
Fairfax said it expects Brit to pay a final dividend of 25 pence per share for the year ended Dec. 31. The offer price of 305 pence per share represents a premium of 11.2 percent to Brit’s closing price on Feb. 16. Investor Prem Watsa-led Fairfax said it has received hard irrevocable undertakings to accept the offer from entities managed by Apollo Global and CVC Capital Partners [CVC.UL], which together hold about 73 percent of Brit’s issued share capital.
16 February, 2015 by The TZ Newswire Staff Comments Off on Shares, euro in retreat as Greek debt talks break down
Shares, euro in retreat as Greek debt talks break down
Asian share markets and the euro retreated on Tuesday as talks between Greece and euro zone finance ministers broke down after Athens rejected a proposal to request a six-month extension of its international bailout program. U.S. stock futures fell 0.5 percent in Asian trade while Japan’s Nikkei share average shed 0.3 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.2 percent.
16 February, 2015 by The TZ Newswire Staff Comments Off on Brent crude extends rally, but analysts warn prices could drop
Brent crude extends rally, but analysts warn prices could drop
Brent crude extended its rally on Tuesday, moving further away from six-year lows hit in January, but some analysts warned that prices had risen too far and could face a downward correction. Benchmark Brent crude futures were trading up 50 cents at $61.90 a barrel by 0420 GMT (11.20 p.m. EST), while U.S. WTI crude had risen 26 cents to $53.04 a barrel. “The recent bullishness is not heavily backed by technical and fundamental analysis, and so should not last,” said Daniel Ang of Singapore-based Phillip Futures.
16 February, 2015 by The TZ Newswire Staff Comments Off on Ford guns for China’s app addicts, seeks WeChat tie-up
Ford guns for China’s app addicts, seeks WeChat tie-up
Ford Motor Co (F.N) wants Tencent Holdings Ltd to tailor its popular chatting app for the firm’s cars in China, as automakers in the world’s largest market vie for drivers that care about high-tech features as much as engine size. Rivals including Daimler (DAIGn.DE) and Nissan Motor Co Ltd are also looking at ways to give drivers safe, hands-free access to mobile apps in China, home to the world’s largest number of smartphone users. WeChat is China’s most prevalent chatting app, with about half a billion active monthly users.