24 March, 2015 by The TZ Newswire Staff Comments Off on Airbus sells further 15 percent stake in Dassault Aviation
Airbus sells further 15 percent stake in Dassault Aviation
Airbus Group (AIR.PA) said it is selling a further 15 percent stake in business and fighter jet maker Dassault Aviation (AVMD.PA) as it continues to unwind its 16-year-old link to its defense market rival. The move will see Airbus’ stake drop to around 27 percent from 42 percent, it said in a statement on Wednesday. Dassault Aviation, which has asked Euronext to suspend trading in its shares, said it will take part in the placement by purchasing a maximum of 5 percent of its share capital at a maximum price of 980 euros a share.
24 March, 2015 by The TZ Newswire Staff Comments Off on US tech giants face fresh privacy fight with Europe
US tech giants face fresh privacy fight with Europe
A law student contested the “safe harbour” agreement that allows Facebook and others to store data from EU citizens in the U.S. The FT reports.
24 March, 2015 by The TZ Newswire Staff Comments Off on Matthew Lynn’s London Eye: 4 ways robo-advisers will change investing
Matthew Lynn’s London Eye: 4 ways robo-advisers will change investing
Robo-advisers will be managing more of investors’ money.
24 March, 2015 by The TZ Newswire Staff Comments Off on Metals Stocks: Gold’s winning streak could be about to end
Metals Stocks: Gold’s winning streak could be about to end
Gold lost its grip on its recent winning streak, but the damage was minimal as investors mulled the onset of rate hikes.
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24 March, 2015 by The TZ Newswire Staff Comments Off on Futures Movers: Oil futures choppy ahead of U.S. crude stockpile data
Futures Movers: Oil futures choppy ahead of U.S. crude stockpile data
Crude-oil futures choppy as investors wait for fresh numbers on US.
24 March, 2015 by The TZ Newswire Staff Comments Off on Currencies: Dollar stays weak as investors look for fresh clues on direction
Currencies: Dollar stays weak as investors look for fresh clues on direction
The dollar drifts lower against the euro and the yen in Asia on Wednesday, but trade is thin as investors look for fresh clues on market direction..
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24 March, 2015 by The TZ Newswire Staff Comments Off on Asia stocks stall after Wall Street slips, dollar holds gains
Asia stocks stall after Wall Street slips, dollar holds gains
Asian stocks stalled on Wednesday following declines on Wall Street, while the dollar held on to modest gains after a rise in U.S. inflation. MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.2 percent after a small bounce the previous day.