10 May, 2015 by The TZ Newswire Staff Comments Off on London Markets: FTSE 100 gains as mining shares advance
London Markets: FTSE 100 gains as mining shares advance
U.K.
10 May, 2015 by The TZ Newswire Staff Comments Off on Airbus shares fall after A400M military plane crash
Airbus shares fall after A400M military plane crash
Shares in Airbus Group (AIR.PA) fell on Monday after the weekend crash of an A400M military plane increased investors’ anxieties over Europe’s largest and heavily delayed defense project, while the planemaker pledged to overcome the tragedy. Shares in Europe’s largest aerospace group, which hit a record high in April, fell 3.8 percent to 61 euros in morning trading, erasing gains seen in the previous week. The military plane crashed outside Seville on Saturday, killing four crew and prompting Britain, Germany and Malaysia to ground their fleets of Europe’s new troop and cargo carrier..
10 May, 2015 by The TZ Newswire Staff Comments Off on Has Krugman been proved wrong on austerity?
Has Krugman been proved wrong on austerity?
Election results in the U.K. have reignited a debate that has been raging ever since the global financial crisis: spending vs. austerity.
10 May, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Uber looking to raise up to $2 billion
The Wall Street Journal: Uber looking to raise up to $2 billion
The funding could value the company at $50 billion or higher.
10 May, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: IMF draws up contingency plans for Greek default
The Wall Street Journal: IMF draws up contingency plans for Greek default
It’s a rare public admission that regulators are preparing for the potential failure to agree on continued aid for Athens.
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10 May, 2015 by The TZ Newswire Staff Comments Off on Futures Movers: Crude-oil futures struggle for direction after U.S. jobs data, supply rise
Futures Movers: Crude-oil futures struggle for direction after U.S. jobs data, supply rise
Crude moves in tight ranges on Monday, as investors assess last week’s U.S.
10 May, 2015 by The TZ Newswire Staff Comments Off on China becomes world’s top crude buyer despite economy stuttering
China becomes world’s top crude buyer despite economy stuttering
China overtook the United States as the world’s top importer of crude oil for the first time in April, and its purchases are expected to remain strong despite a slowing economy, with far-reaching consequences for global oil and commodities markets. China’s crude oil imports hit a record of almost 7.4 million barrels a day (bpd) last month, putting it ahead of the United States’ estimated imports of 7.2 million bpd for April, Reuters data show.