27 February, 2015 by The TZ Newswire Staff Comments Off on Moscovici says ‘Grexit’ would raise question – who’s next?
Moscovici says ‘Grexit’ would raise question – who’s next?
The European Union’s financial affairs chief Pierre Moscovici told German radio on Friday, just before a Bundestag vote on a bailout extension for Greece, that allowing any country to leave the euro zone would simply raise the question “who’s next?”. “If a country, any country, leaves, the question will arise: who is leaving next?” the European Commissioner for Economic and Financial Affairs told Deutschlandfunk in an interview.
27 February, 2015 by The TZ Newswire Staff Comments Off on After Indonesia retreat, GM retrenches in Thailand, too
After Indonesia retreat, GM retrenches in Thailand, too
While GM will still sell cars like the Cruze sedan in parts of Southeast Asia, an emerging markets battleground for global automakers, it is shifting focus to push the ‘American heritage’ of its SUVs and pickups such as the Trailblazer and Colorado. The restructuring – under Executive Vice President Stefan Jacoby, who oversees markets beyond the Americas, Europe and China – marks a retrenchment in Asia by the U.S. automaker. While business grows in China, the world’s biggest autos market, GM has struggled in other parts of its international operations unit, which doesn’t include China.
27 February, 2015 by The TZ Newswire Staff Comments Off on Metals Stocks: Gold gets cold feet in the shadow of a strong dollar
Metals Stocks: Gold gets cold feet in the shadow of a strong dollar
Gold pulls back on Friday as dollar strength lingers, putting $1,200-an-ounce in a battle position.
read more
27 February, 2015 by The TZ Newswire Staff Comments Off on Asia Markets: Hong Kong stocks retreat, with property developers weak
Asia Markets: Hong Kong stocks retreat, with property developers weak
Hong Kong stocks erase earlier gains and close lower, with local property shares weaker amid concerns about possible tightening measures on Hong Kong’s housing markets..
read more
27 February, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: German lawmakers set to back Greece’s bailout extension
The Wall Street Journal: German lawmakers set to back Greece’s bailout extension
The lower house of Germany’s parliament votes on the four-month extension of Greece’s bailout on Friday, and looks likely to approve it despite mounting irritation in Berlin at the tone of the left-wing government in Athens.
read more
27 February, 2015 by The TZ Newswire Staff Comments Off on Germans fed up with Greece’s ‘insults’
Germans fed up with Greece’s ‘insults’
As Germany prepares to vote on a four-month extension to Greece’s bailout on Friday, frustration with Greece’s financial demands is palpable.
27 February, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Google to start selling ads in Play Store
The Wall Street Journal: Google to start selling ads in Play Store
Google is pulling an important new sales lever, saying it will let software developers pay to promote their apps in the Play store for the first time.
read more