19 April, 2015 by The TZ Newswire Staff Comments Off on London Markets: Miners lead gains on FTSE 100 as China moves to stimulate growth
London Markets: Miners lead gains on FTSE 100 as China moves to stimulate growth
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19 April, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Raytheon takes control of Websense as it invests $1.7 billion in cyber unit
The Wall Street Journal: Raytheon takes control of Websense as it invests $1.7 billion in cyber unit
Raytheon plans to announce it has bought control of data security provider Websense to form the core of a cyber joint venture aimed at banks and retailers
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19 April, 2015 by The TZ Newswire Staff Comments Off on VW supervisory board seeks to smooth leadership crisis – report
VW supervisory board seeks to smooth leadership crisis – report
The leaders of Volkswagen’s (VOWG_p.DE) supervisory board plan to meet soon to try to iron out an effective working relationship between Chairman Ferdinand Piech and Chief Executive Martin Winterkorn amid a leadership crisis at the automaker, a German newspaper reported on Monday. Several key members of the supervisory board including Piech are to meet ahead of VW’s annual shareholder meeting on May 5, Handelsblatt newspaper reported, citing sources close to the supervisory board.
19 April, 2015 by The TZ Newswire Staff Comments Off on Morgan Stanley, NY in $500M settlement talks: Report
Morgan Stanley, NY in $500M settlement talks: Report
Morgan Stanley is in talks to pay $500 million to settle a probe by New York’s attorney general, the Wall Street Journal (WSJ) reported late Sunday.
19 April, 2015 by The TZ Newswire Staff Comments Off on Saudi Bourse to Give Foreigners Access Starting June 15
Saudi Bourse to Give Foreigners Access Starting June 15
Saudi Arabia plans to allow foreigners direct access to its stock market, one of the world’s most restricted, from June 15.
19 April, 2015 by The TZ Newswire Staff Comments Off on Norway Wealth Fund Wants Utility-Like Dark Pools for Big Trades
Norway Wealth Fund Wants Utility-Like Dark Pools for Big Trades
Norway’s $890 billion wealth fund will work to promote the rise of “utility-like” venues to make its biggest trades to avoid front-running and bring down the costs of stock transactions.
19 April, 2015 by The TZ Newswire Staff Comments Off on Trader Charged With Spoofing Market Loses Dismissal Bid
Trader Charged With Spoofing Market Loses Dismissal Bid
The first high-speed trader charged with a method of market manipulation known as spoofing lost a bid to dismiss the case based on an argument the new law is too vague to be enforced.