12 October, 2015 by The TZ Newswire Staff Comments Off on China September trade balance due at 0200GMT … but beware the early leak
China September trade balance due at 0200GMT … but beware the early leak
Just a heads up for the September trade balance, imports and exports data due from China at 0200GMT
i.e. in a few minutes
And … be aware its often out a little early. Of course, its not unheard of that its out late either!
12 October, 2015 by The TZ Newswire Staff Comments Off on Why the Dell/EMC merger might not work
Why the Dell/EMC merger might not work
The gargantuan merger sparked debate among skeptical industry watchers, who pointed to multiple roadblocks for the deal’s success.
12 October, 2015 by The TZ Newswire Staff Comments Off on Asian shares slip from two-month high, oil regroups after slide
Asian shares slip from two-month high, oil regroups after slide
Asian shares stepped back from two-month highs on profit-taking on Tuesday and oil prices regrouped after Monday’s big fall, while the dollar was on the defensive as expectations of an imminent U.S. rate hike receded. MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.2 percent in early trade from their two-month high touched on Monday, though it was still up 8.6 percent so far this month. Japan’s Nikkei (.N225) fell 0.6 percent.
12 October, 2015 by The TZ Newswire Staff Comments Off on Exclusive: Pepsi, Coca-Cola competing for investment in Chobani
Exclusive: Pepsi, Coca-Cola competing for investment in Chobani
Chobani is exploring selling a minority stake, including warrants owned by private equity firm TPG Capital LP that account for between 10 percent and 20 percent of the yogurt maker’s equity depending on its financial performance, the people said. Chobani is looking for a strategic investor to help expand its supply chain, distribution, manufacturing base and geographic footprint for its popular yogurts like Flip, which combine yogurt with flavors such as peanut butter and coffee, the people added.
12 October, 2015 by The TZ Newswire Staff Comments Off on Exclusive: U.S. probes allegations AB InBev seeking to curb craft beer distribution
Exclusive: U.S. probes allegations AB InBev seeking to curb craft beer distribution
The U.S. Justice Department is probing allegations that Anheuser-Busch InBev (ABI.BR) is seeking to curb competition in the beer market by buying distributors, making it harder for fast-growing craft brewers to get their products on store shelves, according to three people familiar with the matter. In the past few months, the world’s largest brewer has rattled the craft beer world by striking deals for five distributors in three states.
12 October, 2015 by The TZ Newswire Staff Comments Off on Exclusive: U.S. airlines hit Justice Department hurdle in Gulf trade dispute
Exclusive: U.S. airlines hit Justice Department hurdle in Gulf trade dispute
The U.S. Justice Department has raised concern about demands by U.S. airlines that the government limit flights of three Middle Eastern rivals to the United States, three sources familiar with the matter have said. Justice Department antitrust officials warned of higher fares and fewer choices for consumers if the Obama administration blocks new flights by Emirates [EMIRA.UL], Etihad Airways and Qatar Airways, the sources told Reuters on condition of anonymity. The U.S.
12 October, 2015 by The TZ Newswire Staff Comments Off on Barclays set to name ex-JPMorgan banker Staley as new CEO
Barclays set to name ex-JPMorgan banker Staley as new CEO
Barclays offered the position to Staley, currently managing partner of U.S. hedge fund firm BlueMountain Capital Management, and he accepted the offer, according to the person. A second person familiar with the matter said Staley was on a shortlist of potential successors, but could not confirm the appointment. Staley, who was on the shortlist when Barclays looked for a CEO in 2012, had left JPMorgan in early 2013 after 34 years at the bank to join Blue Mountain Capital.