4 May, 2015 by The TZ Newswire Staff Comments Off on London Markets: FTSE 100 higher, but Glencore comes under pressure
London Markets: FTSE 100 higher, but Glencore comes under pressure
U.K.
4 May, 2015 by The TZ Newswire Staff Comments Off on Why the dollar rally isn’t over
Why the dollar rally isn’t over
It is arguably the most important question for global markets right now: is the historic dollar rally over and done? The short answer: not likely.
4 May, 2015 by The TZ Newswire Staff Comments Off on Glencore first-quarter copper output falls 9%
Glencore first-quarter copper output falls 9%
Miner and commodity trader Glencore on Tuesday reported a 9 percent fall in first-quarter copper production mostly due to lower copper grades.
4 May, 2015 by The TZ Newswire Staff Comments Off on Futures Movers: Oil prices slip for second day
Futures Movers: Oil prices slip for second day
Crude-oil futures fall for the second consecutive day, as concerns about higher supplies as well as a firmer outlook for the U.S.
4 May, 2015 by The TZ Newswire Staff Comments Off on Koreans become stars by live-streaming dinner
Koreans become stars by live-streaming dinner
What happens when you combine the power of live online broadcasting with extreme-eating contests?
4 May, 2015 by The TZ Newswire Staff Comments Off on Australia’s RBA cuts rates, markets wonder if that’s all
Australia’s RBA cuts rates, markets wonder if that’s all
Australia’s central bank cut interest rates for the second time this year on Tuesday, seeking to buttress the economy against sliding mining investment while heading off a harmful increase in the local dollar. The currency did initially drop after the Reserve Bank of Australia (RBA) trimmed its cash rate a quarter point to a fresh all time trough of 2.0 percent. “The Board judged that the inflation outlook provided the opportunity for monetary policy to be eased further, so as to reinforce recent encouraging trends in household demand,” said RBA Governor Glenn Stevens.
4 May, 2015 by The TZ Newswire Staff Comments Off on Cisco looks to salesman Robbins for tech leadership
Cisco looks to salesman Robbins for tech leadership
Chuck Robbins, the veteran salesman chosen by Cisco Systems Inc to succeed legendary CEO John Chambers, must prove he has the technical knowledge to chart a new course and lead the network equipment maker into the new world of cloud-based computing. Cisco, like tech stalwarts Hewlett-Packard Co and IBM, is trying to branch out from its core business into software, security and datacenters to capitalize on the explosion of remote computing.