9 April, 2015 by The TZ Newswire Staff Comments Off on Putin to back nationalist McDonald’s replacement?
Putin to back nationalist McDonald’s replacement?
Two Russian directors have requested $18.5 million from president Vladimir Putin to roll out “an alternative to McDonald’s.”
9 April, 2015 by The TZ Newswire Staff Comments Off on Airlines’ latest headache: Religious seating
Airlines’ latest headache: Religious seating
Passengers share stories of conflicts among men trying to follow their faith and women hoping to sit, the NYT reports.
9 April, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Samsung faces supply shortages for curved-screen Galaxy S6 Edge
The Wall Street Journal: Samsung faces supply shortages for curved-screen Galaxy S6 Edge
Samsung Electronics mobile chief warns there could be limited supplies of its new curved-screen Galaxy smartphone because of difficulties in manufacturing the screens.
9 April, 2015 by The TZ Newswire Staff Comments Off on Gauging the timing of a US rate hike
Gauging the timing of a US rate hike
David Roche, global strategist at Independent Strategy, says the minutes from the previous FOMC meeting contain no message about when the Fed could lift interest rates.
9 April, 2015 by The TZ Newswire Staff Comments Off on Ahead of the Bell: US jobless aid applications likely rose
Ahead of the Bell: US jobless aid applications likely rose
The U.S. Labor Department reports on the number of people who applied for unemployment benefits last week at 8:30 a.m. Eastern Thursday. REBOUND AFTER SHARP DROP: Economists forecast that weekly applications …
9 April, 2015 by The TZ Newswire Staff Comments Off on Alibaba finance arm Ant Financial to launch online bank in June
Alibaba finance arm Ant Financial to launch online bank in June
Alibaba Group Holding Ltd’s affiliate Ant Financial will launch its planned online bank called MYbank in June, a group executive said on Thursday, as China’s internet companies increasingly encroach upon the turf of traditional banks. The June launch was disclosed by Yuan Leiming, Ant’s general manager of its finance division, in an interview with Reuters. It comes after Alibaba’s arch-rival Tencent Holdings Ltd’s own internet bank, WeBank, began trial operations in January this year.
9 April, 2015 by The TZ Newswire Staff Comments Off on India not out of inflation woods – Rajan
India not out of inflation woods – Rajan
India’s central bank will continue to focus on targeting inflation and cannot drop guard, Reserve Bank of India Governor Raghuram Rajan said in an interview to CNBC-TV18 on Thursday. “This is where we cannot relax our guard quickly, we cannot say we are out of the inflation woods,” Rajan said, referring to the central bank’s achievement over bringing down retail inflation sharply from double digit level. India’s consumer prices index fell to 5.37 percent in February from a high of 11.16 percent in November 2013, a few months after Rajan assumed office.