11 March, 2015 by The TZ Newswire Staff Comments Off on Target pressured on wages by group with focus but little to spend
Target pressured on wages by group with focus but little to spend
The non-profit advocacy group launched its campaign on Tuesday. It is also likely the first time that Wal-Mart, which announced its pay hike last month, has been used as leverage to pressure another retailer since campaigns to boost worker pay across the service sector started to gain traction in the United States three years ago. UltraViolet purchased a few weeks worth of banner ads through Google, Microsoft and other networks.
11 March, 2015 by The TZ Newswire Staff Comments Off on Brent climbs above $58 on contract covering, geopolitical tension
Brent climbs above $58 on contract covering, geopolitical tension
Brent crude climbed above $58 a barrel on Thursday for the second straight session as speculators covered their positions ahead of the April contract’s expiry, while a strengthening dollar and a build in U.S. crude stocks capped prices. West Texas Intermediate (CLc1) climbed 29 cents to $48.46, after closing the previous session down 12 cents. Brent will move upwards,” said Victor Shum, vice president of IHS Energy in Singapore.
11 March, 2015 by The TZ Newswire Staff Comments Off on New Credit Suisse boss faces stiff challenge in Asia
New Credit Suisse boss faces stiff challenge in Asia
HONG KONG/LONDON (Reuters) – Incoming Credit Suisse boss Tidjane Thiam is expected to focus on private banking in Asia while aggressively cutting jobs at its investment bank, as he aims to repeat the success in the region of his old employer, Prudential. Thiam could slash 3,000 jobs from Credit Suisse’s investment bank, or 15 percent of staff globally, and cut 150 billion Swiss francs ($149 billion) of assets from the bank’s fixed income, commodities and currencies business as part of that shift, analysts at JPMorgan said.
11 March, 2015 by The TZ Newswire Staff Comments Off on Rate Hikes Already Priced into the US Dollar Index
Rate Hikes Already Priced into the US Dollar Index
11 March, 2015 by The TZ Newswire Staff Comments Off on Two officers shot outside Ferguson police headquarters
Two officers shot outside Ferguson police headquarters
Two police officers were shot during a protest outside the Ferguson, Missouri police headquarters early on Thursday, police said.
11 March, 2015 by The TZ Newswire Staff Comments Off on Currencies: Euro hits fresh 12-year low against dollar
Currencies: Euro hits fresh 12-year low against dollar
The euro hits a fresh 12-year low against the dollar in Asia as the FOMC meeting looms for next week.
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11 March, 2015 by The TZ Newswire Staff Comments Off on Futures Movers: Oil higher, but choppy as U.S. supplies weigh on WTI prices
Futures Movers: Oil higher, but choppy as U.S. supplies weigh on WTI prices
Oil prices higher, but action is choppy as markets weigh up a surprise South Korea rate cut and field pressures from rising oil-supply levels.
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