2 April, 2015 by The TZ Newswire Staff Comments Off on Darrell Delamaide’s Political Capital: Euro-skeptic’s resignation exposes Merkel to more dissent
Darrell Delamaide’s Political Capital: Euro-skeptic’s resignation exposes Merkel to more dissent
The resignation of one of Germany’s staunchest euro-skeptics won’t make life easier for Angela Merkel.
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2 April, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Concessions fueled Iran nuclear talks
The Wall Street Journal: Concessions fueled Iran nuclear talks
The White House decided a less ambitious agreement would be pursued.
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2 April, 2015 by The TZ Newswire Staff Comments Off on Currencies: Dollar bides time against rivals ahead of U.S. jobs data
Currencies: Dollar bides time against rivals ahead of U.S. jobs data
Investors were already sitting on the sidelines ahead of the nonfarm payrolls data later today, finding no fresh cues to provide trading direction.
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2 April, 2015 by The TZ Newswire Staff Comments Off on Solid U.S. job growth anticipated despite weak economy
Solid U.S. job growth anticipated despite weak economy
U.S. job growth likely remained solid in March, which should allay fears over recent economic weakness and keep the Federal Reserve on course to start raising interest rates this year.
2 April, 2015 by The TZ Newswire Staff Comments Off on Asian shares rise as U.S. jobs data awaited
Asian shares rise as U.S. jobs data awaited
The dollar stuck to its recent ranges in holiday-thinned trading on Friday and stocks edged up as investors awaited key U.S. employment figures for clues on when the Federal Reserve will hike interest rates. MSCI’s broadest index of Asia-Pacific shares outside Japan rose about 0.3 percent, while Japan’s Nikkei stock average (.N225) was added 0.2 percent. Most U.S. markets will be closed on Friday, when non-farm payrolls are expected to show an increase of 245,000 jobs in March, following a gain of 290,000 in February.
2 April, 2015 by The TZ Newswire Staff Comments Off on China’s services sector expands in March, job growth at 10-month low: survey
China’s services sector expands in March, job growth at 10-month low: survey
China’s services sector expanded in March even as growth in employment and new business fell to their lowest in at least eight months, a private survey showed on Friday, in yet another sign that the weak Chinese economy may need more policy aid. The HSBC/Markit China Services Purchasing Managers’ Index (PMI) inched higher to 52.3 in March, compared with February’s 52.0, and above the 50-point level that separates growth from a contraction in activity on a monthly basis.
2 April, 2015 by The TZ Newswire Staff Comments Off on McDonald’s wage plan renews debate on independence of franchisees
McDonald’s wage plan renews debate on independence of franchisees
NEW YORK/LOS ANGELES (Reuters) – McDonald’s Corp’s (MCD.N) announcement that it will raise the average pay at its company-operated U.S. restaurants threatens to complicate an ongoing labor dispute that turns on whether McDonald’s can be held responsible for the labor violations of its franchisees. The decision to hike wages to around $10 an hour will affect only 90,000 of the roughly 750,000 McDonald’s restaurant workers in the United States, because almost 90 percent of McDonald’s restaurants are run by franchisees.