2 September, 2015 by The TZ Newswire Staff Comments Off on Wall Street set to bounce after brutal start to the month
Wall Street set to bounce after brutal start to the month
U.S. stock index futures indicated a higher open on Wednesday after the worst start to September in 13 years, with stocks finishing down almost 3 percent as China and interest rate fears dominated.
2 September, 2015 by The TZ Newswire Staff Comments Off on Goldman Sachs Still Bullish on China Stocks
Goldman Sachs Still Bullish on China Stocks
Goldman Sachs Group Inc. is sticking with its bullish view on Chinese stocks in Hong Kong, saying valuations are inexpensive and improving economic data will spur a rebound. “The snapback in China could be fairly meaningful,” Timothy Moe, chief Asia Pacific equity strategist at Goldman, said in an interview Wednesday. The MSCI China Index has slumped more than 30 percent from its April peak as a mainland equity rout rippled across the Hong Kong border and data pointed to a deepening economic slowdown.
2 September, 2015 by The TZ Newswire Staff Comments Off on Court sides with Uber drivers to expand case over pay
Court sides with Uber drivers to expand case over pay
A federal judge granted class-action status to a lawsuit in California against Uber over the payment of its drivers, upping the stakes for the ride-hailing company in the case. Tuesday’s ruling increases …
2 September, 2015 by The TZ Newswire Staff Comments Off on Toy maker Lego sees strong growth, profit in all regions
Toy maker Lego sees strong growth, profit in all regions
Lego says its popular multi-colored toy blocks were in strong demand in the first half of the year, resulting in good growth in profits and revenue and an upbeat outlook for the full year. Net profit in …
2 September, 2015 by The TZ Newswire Staff Comments Off on Citi sells Hungary consumer banking business to Erste Group
Citi sells Hungary consumer banking business to Erste Group
Citigroup Inc agreed to sell its consumer banking business in Hungary to Austria’s Erste Group Bank AG as the third-biggest U.S. bank by assets continues to divest non-core operating businesses. The sale …
2 September, 2015 by The TZ Newswire Staff Comments Off on Brett Arends’s ROI: How to survive a market crash: the lessons from history
Brett Arends’s ROI: How to survive a market crash: the lessons from history
If you want to survive and even profit as markets are falling, follow these three investing rules, says Brett Arends.
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2 September, 2015 by The TZ Newswire Staff Comments Off on CBS bringing limited live NFL to portable devices
CBS bringing limited live NFL to portable devices
CBS will allow viewers to live stream two regular NFL season games on their portable devices, expanding its services to the Internet viewer base.