13 May, 2015 by The TZ Newswire Staff Comments Off on Saudi claims oil price strategy success
Saudi claims oil price strategy success
Saudi Arabia says its strategy of squeezing high-cost rivals such as US shale producers is succeeding.
13 May, 2015 by The TZ Newswire Staff Comments Off on Takata air bag troubles deepen as Honda, Daihatsu add recalls
Takata air bag troubles deepen as Honda, Daihatsu add recalls
Honda Motor Co and Daihatsu Motor Co said on Thursday they would recall more than 5 million cars to replace potentially fatal air bag inflators made by Japan’s Takata Corp, already at the center of one of the biggest automotive recalls to date. The recalls come a day after Toyota Motor Corp and Nissan Motor Co said they were taking back some 6.5 million vehicles worldwide after investigations showed the Takata airbag inflators were not properly sealed and so could be damaged by moisture.
13 May, 2015 by The TZ Newswire Staff Comments Off on U.S. companies rush to insulate themselves against Venezuela’s currency, economic woes
U.S. companies rush to insulate themselves against Venezuela’s currency, economic woes
CARACAS/NEW YORK (Reuters) – A growing number of U.S. companies say they can’t cope with Venezuela’s sinking bolivar currency, prompting some of them to remove their operations in the South American nation from their consolidated financial reports. Many of those recently taking such action are medium-sized or small companies, which means that the tumbling currency and a deeply troubled Venezuelan economy have tended to have a disproportionately greater impact on their results than suffered by bigger entities with business in the country.
13 May, 2015 by The TZ Newswire Staff Comments Off on Uber poaches Google’s Rachel Whetstone
Uber poaches Google’s Rachel Whetstone
Rachel Whetstone, the longtime head of Google’s powerful public policy and communications unit, is taking on a similar job at Uber. Re/code reports.
13 May, 2015 by The TZ Newswire Staff Comments Off on Just how is broke Greece paying its bills?
Just how is broke Greece paying its bills?
The Greek government’s coffers are almost empty – here, we take a look at the desperate measures it is resorting to pay its bills.
13 May, 2015 by The TZ Newswire Staff Comments Off on Futures Movers: Oil dips after IEA report points to oversupply
Futures Movers: Oil dips after IEA report points to oversupply
Oil prices were under pressure despite U.S.
13 May, 2015 by The TZ Newswire Staff Comments Off on Johnny Depp’s dogs face deportation – or death
Johnny Depp’s dogs face deportation – or death
Australian authorities are threatening to put down two dogs belonging to Johnny Depp unless the actor returns them to the U.S.