1 July, 2015 by The TZ Newswire Staff Comments Off on London Markets: FTSE 100 wavers, but Dixons Carphone climbs
London Markets: FTSE 100 wavers, but Dixons Carphone climbs
U.K.
1 July, 2015 by The TZ Newswire Staff Comments Off on Is This Why ‘Europe’ Is Now Trying To Crush Greece?
Is This Why ‘Europe’ Is Now Trying To Crush Greece?
To the Editor:
If, as Paul Krugman suggests, Greece leaves the euro and returns to the drachma, and if it is then successful at reconfiguring its economy and managing to re-establish a functional government that collects taxes and pays debts, wouldn’t this encourage other economically struggling states like Italy, Ireland, Portugal and even France to abandon the union?
1 July, 2015 by The TZ Newswire Staff Comments Off on Worker at VW plant killed in robot accident
Worker at VW plant killed in robot accident
A technician was killed by a robot at a Volkswagen plant in Germany, in a rare accident that touches on concerns about automation.
1 July, 2015 by The TZ Newswire Staff Comments Off on Saudi Prince to give away $32B fortune
Saudi Prince to give away $32B fortune
Billionaire Saudi Arabian Prince Alwaleed bin Talal has announced plans to give away his $32-billion fortune to charity.
1 July, 2015 by The TZ Newswire Staff Comments Off on Greece’s Tsipras digs in against bailout
Greece’s Tsipras digs in against bailout
ATHENS/BRUSSELS (Reuters) – A defiant Prime Minister Alexis Tsipras urged Greeks on Wednesday to reject an international bailout deal, wrecking any prospect of repairing broken relations with European Union partners before a referendum on Sunday that may decide Greece’s future in Europe. Less than 24 hours after he wrote a conciliatory letter to creditors asking for a new bailout that would accept many of their terms, Tsipras abruptly switched back into combative mode in a television address.
1 July, 2015 by The TZ Newswire Staff Comments Off on Asia stocks rise for third day though Greece, China concerns weigh
Asia stocks rise for third day though Greece, China concerns weigh
Asian stocks rose for a third consecutive day on Thursday though widening cracks in Chinese stocks and Greece’s standoff with its creditors capped gains while the dollar was bolstered by upbeat U.S. economic data. Investor sentiment globally was remain cautious in the coming weeks amid uncertainty over whether Greece can step back from an economic abyss after its debt default to the International Monetary Fund, and growing doubts over its future in the euro zone.
1 July, 2015 by The TZ Newswire Staff Comments Off on U.S. probing whether airlines collude to keep airfares high
U.S. probing whether airlines collude to keep airfares high
WASHINGTON/NEW YORK (Reuters) – The U.S. Department of Justice said on Wednesday it is investigating whether U.S. airlines worked together illegally to keep airfares high by signaling plans to limit flights. The Justice Department wrote to major U.S. air carriers demanding that they detail decisions to limit the number of seats they offer, and what they’ve said about those plans to investors, securities analysts and the public. The top four U.S.