11 May, 2015 by The TZ Newswire Staff Comments Off on Fed’s Dudley applauds 2015 rate hike consensus
Fed’s Dudley applauds 2015 rate hike consensus
A Federal Reserve official said Tuesday he does not know when rates will rise, but applauded a consensus that it will happen later in 2015.
11 May, 2015 by The TZ Newswire Staff Comments Off on GE mulls concessions to win approval of Alstom deal
GE mulls concessions to win approval of Alstom deal
General Electric said it would be willing to consider concessions in order to win European approval to acquire the power equipment unit of Alstom.
11 May, 2015 by The TZ Newswire Staff Comments Off on Morgan Stanley sells oil business for $1 billion
Morgan Stanley sells oil business for $1 billion
Castleton Commodities will buy Morgan Stanley’s physical oil business, vaulting the merchant into the big leagues of global crude and fuel traders.
11 May, 2015 by The TZ Newswire Staff Comments Off on US, Saudis play down King’s meeting ‘snub’
US, Saudis play down King’s meeting ‘snub’
Both the US and Saudi Arabia insisted on Monday that King Salman’s absense from a regional meeting was not a snub
11 May, 2015 by The TZ Newswire Staff Comments Off on Get ready for another oil price dip: Goldman Sachs
Get ready for another oil price dip: Goldman Sachs
A rally in the price of oil over the last couple of months has derailed a rebalancing of the commodity’s price, Goldman Sachs warned.
11 May, 2015 by The TZ Newswire Staff Comments Off on The Tell: 4 ways Greece’s epic debt drama may play out
The Tell: 4 ways Greece’s epic debt drama may play out
With Athens rapidly running out of cash, talks between the government and its lenders have entered a “crucial phase”, UBS says.
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11 May, 2015 by The TZ Newswire Staff Comments Off on Ahold, Delhaize confirm merger talks; shares rise
Ahold, Delhaize confirm merger talks; shares rise
Supermarket groups Ahold and Delhaize said they were in the early stages of merger talks Tuesday, confirming reports.