25 March, 2015 by The TZ Newswire Staff Comments Off on Is Yemen the new catalyst for oil?
Is Yemen the new catalyst for oil?
Oil prices ratcheted up on Thursday on news that Saudi Arabia launched a military operation in neighboring Yemen.
25 March, 2015 by The TZ Newswire Staff Comments Off on Currencies: Yen higher versus rivals as risk aversion strengthens
Currencies: Yen higher versus rivals as risk aversion strengthens
Investors buying the Japanese currency after overnight U.S.
25 March, 2015 by The TZ Newswire Staff Comments Off on The Margin: When just eating a Big Mac isn’t enough
The Margin: When just eating a Big Mac isn’t enough
McDonald’s isn’t taking its recent slump lying down.
25 March, 2015 by The TZ Newswire Staff Comments Off on Asia shares skid; oil climbs on Yemen escalation
Asia shares skid; oil climbs on Yemen escalation
Asian shares slipped on Thursday as tensions in the Middle East and losses on Wall Street soured sentiment, while the dollar’s bull run looked to have stalled for the time being. Risk appetite took a knock from news Saudi Arabia and its Gulf Arab allies had launched air strikes in Yemen against Houthi fighters who have tightened their grip on the southern city of Aden.
25 March, 2015 by The TZ Newswire Staff Comments Off on Nutritionists warn diners to be wary of Warren Buffett’s ‘junk-food’ portfolio
Nutritionists warn diners to be wary of Warren Buffett’s ‘junk-food’ portfolio
Following Warren Buffett’s investment advice may be smart but nutritionists say that eating too many of the “junk-food” products made by companies he has invested in isn’t quite as wise. His move on Wednesday to inject Velveeta cheese, Jell-O, Lunchables, Oscar Mayer wieners, and Kool-Aid into his portfolio, stuffs an already amply supplied larder. The additions came from the acquisition of Kraft Foods Group Inc (KRFT.O) by H.J. Heinz Co, which is controlled by 3G Capital and Buffett’s Berkshire Hathaway (BRKa.N).
25 March, 2015 by The TZ Newswire Staff Comments Off on Oil prices surge after Saudi air strikes in Yemen
Oil prices surge after Saudi air strikes in Yemen
SINGAPORE/TOKYO (Reuters) – Brent crude oil shot up nearly 6 percent on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen, but the benchmark later came off its high near $60 as importers saw no immediate threat to supplies. The strike against Houthi rebels, who have driven the president from Yemen’s capital Sanaa, could stoke concerns about the security of Middle East oil shipments. The risk from the attack in Yemen was heightened because the Houthis have received some support from Iran, Saudi Arabia’s long-time rival for dominance in the Middle East.
25 March, 2015 by The TZ Newswire Staff Comments Off on Employer incentives for U.S. worker wellness programs set record
Employer incentives for U.S. worker wellness programs set record
Employers have ratcheted up the financial incentives they offer workers to participate in wellness programs to a record $693 per employee, on average, this year from $594 in 2014 and $430 five years ago, found a report released on Thursday. The Equal Employment Opportunity Commission took legal action last year against three companies, including Honeywell International Inc (HON.N), alleging their wellness programs violated federal anti-discrimination laws.