3 May, 2015 by The TZ Newswire Staff Comments Off on Greece aims for deal with lenders, IMF hard on reforms: minister
Greece aims for deal with lenders, IMF hard on reforms: minister
Greece intends to meet debt payments this month and reach a deal with its international lenders to unlock remaining bailout aid, but the International Monetary Fund insists on tough labor reforms, the country’s labor minister said on Monday. It has been borrowing from municipalities and government entities to meet obligations. Asked whether it will be in a position to make the IMF payment, Labor Minister Panos Skourletis told Mega TV: “The country has chosen to pay its obligations and reach an agreement (with lenders).
3 May, 2015 by The TZ Newswire Staff Comments Off on ANZ to sell loans worth $6.5 billion in dealer finance biz
ANZ to sell loans worth $6.5 billion in dealer finance biz
Australia and New Zealand Banking Group on Monday said it plans to sell its Esanda dealer finance business, which includes A$8.3 billion ($6.51 billion) in loans to motor vehicle dealers. “The sale of the Esanda Dealer Finance business is part of a broader group priority to actively manage our portfolio of businesses to ensure we use capital efficiently, as well as a focus on ANZ-branded products,” ANZ Australia CEO Mark Whelan said in a statement. The sale does not include the ANZ commercial broker, commercial asset finance or direct-to-consumer asset finance businesses, it added.
3 May, 2015 by The TZ Newswire Staff Comments Off on TomTom CEO says its maps destined for use in self-driving cars
TomTom CEO says its maps destined for use in self-driving cars
Dutch navigation company TomTom aims to become a main provider of technology for self-driving cars as it charts its way back to success after seven lean years, chief executive Harold Goddijn said. Goddijn told Reuters that an overhaul of TomTom’s digital mapping architecture lies behind a renaissance that has seen its automotive division win big contracts in recent months, prompting analyst upgrades and a 40 percent surge in its shares.
3 May, 2015 by The TZ Newswire Staff Comments Off on Kate Middleton effect: Brands get royal boost
Kate Middleton effect: Brands get royal boost
After the birth the Duke and Duchess of Cambridge’s second child, CNBC takes a look at which brands been boosted by “the Kate Middleton effect.”
3 May, 2015 by The TZ Newswire Staff Comments Off on Two gunmen shot dead at cartoons exhibition
Two gunmen shot dead at cartoons exhibition
Texas police shot dead two gunmen who opened fire on Sunday outside an exhibit of caricatures of the Prophet Mohammad.
3 May, 2015 by The TZ Newswire Staff Comments Off on Baltimore lifts curfew, to withdraw National Guard
Baltimore lifts curfew, to withdraw National Guard
The mayor said the Maryland National Guard would begin withdrawing from the streets over the next week.
3 May, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Two gunmen killed outside Muhammad cartoon contest in Texas
The Wall Street Journal: Two gunmen killed outside Muhammad cartoon contest in Texas
The men drove up to the Curtis Culwell Center in Garland, Texas, the site of the event, and began shooting at an unarmed security officer.
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