The Traderszone Network

5 March, 2015 by The TZ Newswire Staff Comments Off on Who plays and who pays for mobile gaming?

Who plays and who pays for mobile gaming?

When it comes to paying for games on smartphones and tablets, the demographic breakdown between men and women is far from even.

5 March, 2015 by The TZ Newswire Staff Comments Off on London Markets: FTSE 100 wobbles as Aviva rises, Admiral falls; BOE statement on tap

London Markets: FTSE 100 wobbles as Aviva rises, Admiral falls; BOE statement on tap

U.K.

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5 March, 2015 by The TZ Newswire Staff Comments Off on Asia Markets: Chinese stocks decline amid fears of an economic slowdown

Asia Markets: Chinese stocks decline amid fears of an economic slowdown

Hong Kong and Shanghai stocks both post solid losses, amid investor anxiety over “intensifying” economic slowdown in China as the Chinese premier lowers the nation’s growth target to about 7% for this year.
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5 March, 2015 by The TZ Newswire Staff Comments Off on Citigroup’s past losses may have helped it win Costco business

Citigroup’s past losses may have helped it win Costco business

Citigroup Inc had at least one advantage in its successful bid for the exclusive right to issue credit cards for Costco Wholesale Corp, rivals and tax specialists say: it lost so much money during the financial crisis that it has billions of dollars of tax credits.     Citigroup and Costco have not disclosed terms of the deal, and outsiders can only speculate about the reasons Citigroup bid aggressively enough to win the business.

5 March, 2015 by The TZ Newswire Staff Comments Off on Costco’s quarterly profit tops estimates on tax benefit

Costco’s quarterly profit tops estimates on tax benefit

Costco Wholesale Corp reported a better-than-expected quarterly profit, helped by a tax benefit related to its special cash dividend last month. Costco, the third-largest U.S. retailer, said net income …

5 March, 2015 by The TZ Newswire Staff Comments Off on Citigroup sells stake in Turkey’s Akbank for $1.2 billion

Citigroup sells stake in Turkey’s Akbank for $1.2 billion

Citigroup (C.N) has sold its nearly 10 percent stake in Turkey’s Akbank (AKBNK.IS) for $1.2 billion, the U.S. lender said on Thursday, its latest disposal of overseas assets to cut costs and boost profits. New York-based Citi has been paring back in international markets in recent years, pulling out of retail banking in Turkey as well as long-established businesses such as Japan. Citi, which had been the second-largest shareholder in Akbank, said the sale would not have a material impact on its finances.

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5 March, 2015 by The TZ Newswire Staff Comments Off on Apple delays larger iPad production till September: reports

Apple delays larger iPad production till September: reports

Apple suppliers have been told to start production of the larger-screen iPad in the second half of this year as the company explores new designs and features for the enterprise market, the Wall Street Journal reported. Apple is now considering adding USB ports and adopting a faster technology that promises to transfer data up to 10 times faster than current USB ports, the Journal said, citing people familiar with the matter.