7 April, 2015 by The TZ Newswire Staff Comments Off on Next from Google: Teleconferencing?
Next from Google: Teleconferencing?
Google could be working on a teleconferencing platform in the latest push by the U.S. search giant into the enterprise space.
7 April, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Shell to buy BG Group in $69.6 billion deal
The Wall Street Journal: Shell to buy BG Group in $69.6 billion deal
Royal Dutch Shell has agreed to buy BG Group PLC for £47 billion ($69.6 billion) in cash and shares, the latest sign of how tumbling energy prices are shaking up the global oil-and-gas industry.
read more
7 April, 2015 by The TZ Newswire Staff Comments Off on Futures Movers: Oil prices ease ahead of U.S. inventory data, record Saudi output
Futures Movers: Oil prices ease ahead of U.S. inventory data, record Saudi output
Crude-oil futures pull back from a fell over 1% on trade Wednesday ahead of U.S.
7 April, 2015 by The TZ Newswire Staff Comments Off on German Factory Orders Tumble By Most In 9 Months, Spanish Bond Yields Turn Negative
German Factory Orders Tumble By Most In 9 Months, Spanish Bond Yields Turn Negative
Bad news is even better news in Europe. “Core” Germany saw its powerhouse economy suffer the biggest drop in Factory Orders since June (-1.3% YoY) missing expectations for the 2nd month in a row – the first consecutive drop since may 2013 (despite German business confidence rising for the 5th month in a row) as apparently devaluing the EU’s currency is not encouraging business. The result… DAX futures surging, bond yields tumbling and Spanish bond yields to 6 months are now negative…
Not pretty…
7 April, 2015 by The TZ Newswire Staff Comments Off on Shell to buy BG for $70 billion
Shell to buy BG for $70 billion
Royal Dutch Shell (RDSa.L) said on Wednesday it had agreed to buy BG Group (BG.L) for $70 billion in a bid to close the gap on the world’s biggest oil company, U.S. ExxonMobil (XOM.N). In a joint statement, the two firms said that as part of the recommended deal Shell would pay a mix of cash and shares that would value each BG share at around 1,350 pence($20). Anglo-Dutch Shell also expects to start a share buyback program in 2017 of at least $25 billion for the period 2017 to 2020.
7 April, 2015 by The TZ Newswire Staff Comments Off on European Derivatives Market Breaks… And Futures Surge
European Derivatives Market Breaks… And Futures Surge
Because nothing says “liquid and efficient” market like yet another broken market. Just as we saw yesterday afternoon as US equities collapsed into the close, Euronext has broken in the pre-open European markets…
7 April, 2015 by The TZ Newswire Staff Comments Off on Market Extra: This unorthodox plan may keep Greece in the eurozone
Market Extra: This unorthodox plan may keep Greece in the eurozone
Promises of repayment backed by future tax revenue could provide the fiscal flexibility that Greece’s economy so sorely needs.
read more