29 August, 2015 by The TZ Newswire Staff Comments Off on Suzuki Motor says it will buy back VW stake as court settles feud
Suzuki Motor says it will buy back VW stake as court settles feud
Japan’s Suzuki Motor Corp said on Sunday it will buy back the 19.9 percent stake it sold to Volkswagen AG after an international arbitration court settled a dispute between the automakers over their failed partnership. Suzuki filed for international arbitration in November 2011, after Volkswagen (VOWG_p.DE) refused to sell back the shares in Suzuki it acquired in January 2010 for 1.7 billion euros ($1.90 billion).
29 August, 2015 by The TZ Newswire Staff Comments Off on mREITs Impacted By Enormous Price To Book Swing – MORL Yielding 27.6%
mREITs Impacted By Enormous Price To Book Swing – MORL Yielding 27.6%
29 August, 2015 by The TZ Newswire Staff Comments Off on Buffett’s Berkshire builds $4.5B stake in Phillips 66
Buffett’s Berkshire builds $4.5B stake in Phillips 66
Berkshire Hathaway disclosed a $4.48B stake in oil refiner Phillips 66, rebuilding a bet it had made in the energy industry before oil prices fell.
29 August, 2015 by The TZ Newswire Staff Comments Off on Weekend comments from SNB’s Jordan – confirms intervention in FX market
Weekend comments from SNB’s Jordan – confirms intervention in FX market
Swiss National Bank Chairman Thomas Jordan, in an interview with Swiss NZZ am Sontag on the weekend
More:
– Swiss interest rates will stay negative “for some time”
On moves towards policy normalization in other coutnries: