1 October, 2015 by The TZ Newswire Staff Comments Off on Spanish unemployment rises by 26.1k in Sept vs 21.1k exp
Spanish unemployment rises by 26.1k in Sept vs 21.1k exp
Data just out
– 21.7k prev
Not great but seasonally affected
Euro a tad lower as European equities open firmer
1 October, 2015 by The TZ Newswire Staff Comments Off on EURUSD orders 2 Oct
EURUSD orders 2 Oct
Currently stuck around 1.1175 also waiting for NFPs but keep an eye on European equity markets opening now
Offers 1.1185
1.1200 1.1220
1.1245 1.1260
Bids:
1 October, 2015 by The TZ Newswire Staff Comments Off on Don’t rule out more Glen-gore: Investec
Don’t rule out more Glen-gore: Investec
The firm that triggered a massive share price crash for Glencore this week believes it’s too early to relax over the commodity giant’s financing.
1 October, 2015 by The TZ Newswire Staff Comments Off on Greek banks need to boost provisions by €10bln
Greek banks need to boost provisions by €10bln
Livesquawk reporting an item from Katherimini
Searching for more deets now
1 October, 2015 by The TZ Newswire Staff Comments Off on Capitol Report: If the global economy were a living organism, this is what it might look like
Capitol Report: If the global economy were a living organism, this is what it might look like
If the global economy were a living, breathing organism, it might look a lot like the dynamic Voronoi diagram that HowMuch.net put together this week.
read more
1 October, 2015 by The TZ Newswire Staff Comments Off on Drought woes in California town highlight thirsty poultry industry
Drought woes in California town highlight thirsty poultry industry
LIVINGSTON, CALIF/CHICAGO (Reuters) – Residents of Livingston, California have sharply reduced their water usage during the state’s severe drought, now in its fourth year. Responsibility for the poor showing, city officials said, lies with Livingston’s biggest water user, Foster Farms, the largest poultry producer west of the Rocky Mountains. The company’s sprawling chicken processing complex employs about 3,200 people and is the backbone of Livingston’s economy.
1 October, 2015 by The TZ Newswire Staff Comments Off on Novartis copycat product takes aim at Amgen’s Enbrel
Novartis copycat product takes aim at Amgen’s Enbrel
The U.S. Food and Drug Administration has accepted Novartis AG (NOVN.VX) unit Sandoz’s regulatory submission for approval of a biosimilar to Amgen Inc’s (AMGN.O) blockbuster Enbrel drug, the Swiss drugmaker said on Friday. Etanercept, the drug’s generic name, is a tumor necrosis factor alpha (TNF-alpha) inhibitor. Sandoz is seeking approval for all indications included in the label of the reference product, which is used to treat a range of autoimmune diseases including rheumatoid arthritis and psoriasis, it said in a statement.