29 June, 2015 by The TZ Newswire Staff Comments Off on Willis, Towers Watson to merge in $18B deal
Willis, Towers Watson to merge in $18B deal
Reinsurance group Willis and professional services company Towers Watson announced plans to merge on Tuesday, in a deal valued at $18 billion.
29 June, 2015 by The TZ Newswire Staff Comments Off on June 26 Silver Flash Crash: A Forensic Analysis
June 26 Silver Flash Crash: A Forensic Analysis
by Keith Weiner
On Friday morning, at around midnight (Arizona time), the price of silver had a little crash. It dropped 30 cents in 11 minutes. More importantly, it dropped more than 10 cents in a single second. Then, the price rose above its level before the event. Here is a graph of the event, with each tick representing one minute.
29 June, 2015 by The TZ Newswire Staff Comments Off on ETF Investing: Big winners in 2015’s first half: Chinese and biotech ETFs
ETF Investing: Big winners in 2015’s first half: Chinese and biotech ETFs
While Chinese stocks have slumped this month, they’re still leaders when it comes to year-to-date performance.
29 June, 2015 by The TZ Newswire Staff Comments Off on EU in last-ditch bid to Greece, urges ‘yes’ vote to bailout
EU in last-ditch bid to Greece, urges ‘yes’ vote to bailout
The head of the European Commission made a last-minute offer to try to persuade Greek Prime Minister Alexis Tsipras to accept a bailout deal he has rejected before a referendum on Sunday which EU partners say will be a choice of whether to stay in the euro. EU and Greek government sources said Jean-Claude Juncker had offered to convene an emergency meeting of euro zone finance ministers on Tuesday to approve an aid payment to prevent Athens defaulting, if Tsipras sent a written acceptance of the terms.
29 June, 2015 by The TZ Newswire Staff Comments Off on Greece on verge of default; markets fall
Greece on verge of default; markets fall
Our live blog will keep you up to date with all the new developments in Greece as it heads towards a debt default.
29 June, 2015 by The TZ Newswire Staff Comments Off on Senior Uber executives detained in France
Senior Uber executives detained in France
The two most senior Uber executives in France are in custody after complaints they were conspiring to organize illegal work. The FT reports.
29 June, 2015 by The TZ Newswire Staff Comments Off on Celgene places $1B bet on Juno Therapeutics
Celgene places $1B bet on Juno Therapeutics
Celgene has invested $1 billion in Juno Therapeutics in a move to that backs experimental cancer treatments, the FT reports.