5 October, 2015 by The TZ Newswire Staff Comments Off on Oil prices: Headwinds looming?
Oil prices: Headwinds looming?
Comments from ANZ Research on oil, via Dow Jones news:
– Prices higher on the back of lower U.S. drilling activities and Russia’s planned meetings with members and non-members of the Organization of Petroleum Exporting Countries to discuss the persistent supply glut
(ps. more on this from yesterday, here: )
5 October, 2015 by The TZ Newswire Staff Comments Off on Gary Dorsch: “Hundreds of Billions” in Defaults if Commodity Crash Continues
Gary Dorsch: “Hundreds of Billions” in Defaults if Commodity Crash Continues
“We’re talking about hundreds of billions of dollars that could be potentially defaulted on if commodity prices remain weak. Whereas we all remember that Lehman Brothers defaulted on about $360 billion of debt and preferred stock and that triggered a massive collapse…”
5 October, 2015 by The TZ Newswire Staff Comments Off on Dollar climbs as central bank meetings come into focus
Dollar climbs as central bank meetings come into focus
The dollar climbed on Tuesday as the Japanese yen gets under pressure from the prospect of the Bank of Japan eventually easing monetary policy.
5 October, 2015 by The TZ Newswire Staff Comments Off on How Domino’s plans to sell pizza to Italians
How Domino’s plans to sell pizza to Italians
Already a pizza titan in the US, Domino’s Pizza is taking a shot at opening in the birthplace of pizza: Italy.
5 October, 2015 by The TZ Newswire Staff Comments Off on Asian shares rise on fading Fed tightening view
Asian shares rise on fading Fed tightening view
The prospect of a delay in the U.S. Federal Reserve’s plan to raise interest rates and signs of some stability in oil and commodity markets boosted Asian stocks on Tuesday. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.7 percent to two-week high. Japan’s Nikkei (.N225) extended the rebound from eight-month low hit a week ago, helped by speculation that the Bank of Japan might adopt stimulus to support the flagging economy.
5 October, 2015 by The TZ Newswire Staff Comments Off on Historic Pacific trade deal faces skeptics in Congress
Historic Pacific trade deal faces skeptics in Congress
Twelve Pacific Rim countries on Monday reached the most ambitious trade pact in a generation, aiming to liberalize commerce in 40 percent of the world’s economy in a deal that faces skepticism from U.S. lawmakers. The Trans-Pacific Partnership (TPP) pact struck in Atlanta after marathon talks could reshape industries, change the cost of products from cheese to cancer treatments and have repercussions for drug companies and automakers. New Zealand’s demand for greater access for its dairy exports was only settled at 5 a.m. EDT on Monday.
5 October, 2015 by The TZ Newswire Staff Comments Off on DuPont CEO Kullman steps down; veteran executive Breen named interim CEO
DuPont CEO Kullman steps down; veteran executive Breen named interim CEO
Shares of DuPont, officially known as E.I. du Pont de Nemours & Co, rose 5.6 percent to $54.17 in extended trading. Kullman, 59, joined the company more than 27 years ago and has been its CEO since 2009. Earlier this year, she fended off an attempt by activist investor Nelson Peltz’s Trian Fund Management to land board seats.