6 October, 2015 by The TZ Newswire Staff Comments Off on Renault-Nissan discussing change in alliance structure to counter French control: paper
Renault-Nissan discussing change in alliance structure to counter French control: paper
Renault SA (RENA.PA) and Nissan Motor Co have entered discussions to reorganize their capital alliance structure in a bid to water down Paris’s control of the French automaker, the Nikkei business daily reported on Wednesday. The paper said a plan being floated was for Renault to lower its stake in Nissan below 40 percent from the current 43.4 percent – a move that would, under French law, allow the Japanese partner’s stake in Renault to carry voting rights.
6 October, 2015 by The TZ Newswire Staff Comments Off on Tesco first-half profit more than halves
Tesco first-half profit more than halves
Britain’s biggest supermarket Tesco (TSCO.L) on Wednesday posted a 55 percent slump in first-half profit, showing the scale of the financial damage wrought by discount groups and raising questions over boss Dave Lewis’ turnaround plan. In line with recent market data, Tesco showed a steady improvement in trading in its home business and it reiterated its full-year outlook, however it said the market remained challenging and it stood ready to invest more if needed.
6 October, 2015 by The TZ Newswire Staff Comments Off on AB-InBev raises bid for SABMiller
AB-InBev raises bid for SABMiller
Brewing giant Anheuser-Busch InBev on Wenesday raised its bid for SABMiller, proposing to buy the group for for £42.15 per share in cash.
6 October, 2015 by The TZ Newswire Staff Comments Off on BOJ’s Kuroda says Tankan survey shows firms are clearly prepared to invest
BOJ’s Kuroda says Tankan survey shows firms are clearly prepared to invest
Mr Yawnfest now on stage
– virtuous economic cycle working in Japan
– expects Japanese industrial output to recover gradually
– corp sentiment at favourable level
I think he’s picked up the notes he used last time, and the time before, and the time before that and…
6 October, 2015 by The TZ Newswire Staff Comments Off on Eurostoxx 50 futures up +0.3% in early European trading
Eurostoxx 50 futures up +0.3% in early European trading
Firmer tones so far
– DAX futures +0.2%
– CAC40 +0.2%
EURUSD still near session lows at 1.1258
6 October, 2015 by The TZ Newswire Staff Comments Off on Trading Ideas – European session 7 Oct
Trading Ideas – European session 7 Oct
Ok, good people of ForexLive land what’s on your hit-list today?
Still holding positions? Still waiting for better levels?
Busy jobbing the tight ranges ?
Share all and illuminate the community here
6 October, 2015 by The TZ Newswire Staff Comments Off on Currencies: Dollar weakens against yen after BOJ keeps monetary policy unchanged
Currencies: Dollar weakens against yen after BOJ keeps monetary policy unchanged
The central bank’s inaction prompted some short-term players to unwind their speculative positions, putting downward pressure on the U.S.