28 April, 2015 by The TZ Newswire Staff Comments Off on Bomb threat over controversial bikini billboard ad
Bomb threat over controversial bikini billboard ad
The weight-loss company behind a controversial “beach body ready” campaign in the U.K. has said its head office received a bomb threat.
28 April, 2015 by The TZ Newswire Staff Comments Off on Hollywood’s top 10 art collectors
Hollywood’s top 10 art collectors
Hollywood’s superstars have lots of cash, and these celebrities like to use it to splurge on their art collections.
28 April, 2015 by The TZ Newswire Staff Comments Off on France’s far-right leader: EU is mocking Greece
France’s far-right leader: EU is mocking Greece
Marine Le Pen told CNBC that the tense talks over Greece’s debt deal have revealed the “real face” of European Union.
28 April, 2015 by The TZ Newswire Staff Comments Off on European shares follow Asia lower, dollar weak before Fed
European shares follow Asia lower, dollar weak before Fed
Stocks fell in Europe on Wednesday, following Asian stocks lower, while the dollar held near two-month lows before a Federal Reserve policy statement expected to show the U.S. central bank in no hurry to raise interest rates.
28 April, 2015 by The TZ Newswire Staff Comments Off on Chinese demand for Apple’s big-screen phones fuel sales growth
Chinese demand for Apple’s big-screen phones fuel sales growth
Apple’s large-screen iPhones are a big hit in China, taking market share from Samsung and selling at a pace that may make China a greater source of revenue than the Americas for Apple in coming years, analysts said. The world’s most valuable consumer electronics company reported on Monday a 71 percent increase in sales in China to $16.8 billion, driven by its new, bigger iPhone 6 and 6 Plus. In the first three months of the year, for the first time, Apple sold more iPhones in China than in the United States.
28 April, 2015 by The TZ Newswire Staff Comments Off on Twitter cuts revenue forecast, shares slump
Twitter cuts revenue forecast, shares slump
Twitter forecast 2015 revenue of $2.17 billion to $2.27 billion, down from its earlier forecast of $2.3 billion to $2.35 billion. Twitter said its new direct response ads, intended to encourage actions such as clicking on a link to an advertiser’s website, did not produce the revenue expected. Advertisers limited their spending and the click rate on Twitter’s ads fell, but the company expects improvement in the second half of 2015, Chief Financial Officer Anthony Noto said on a call with analysts.
28 April, 2015 by The TZ Newswire Staff Comments Off on Detroit automakers rely on U.S. truck sales for global profits
Detroit automakers rely on U.S. truck sales for global profits
Detroit automakers have come full circle, relying as they did before the financial crisis on profits from selling trucks and sport utility vehicles in the United States to cover losses overseas. Ford Motor Co’s (F.N) first-quarter results on Tuesday highlight how reliant the Detroit Three have become once again on their biggest, least- fuel-efficient models. Higher costs for materials, manufacturing and engineering dented the results, but Ford’s North American take was more than enough to offset the $404 million in pre-tax losses from other regions.