31 October, 2015 by The TZ Newswire Staff Comments Off on Mylan N.V. Posts Strong Q3 Ahead of Attempted Perrigo Buyout
Mylan N.V. Posts Strong Q3 Ahead of Attempted Perrigo Buyout
Previous acquisitions were important in the generic drugmaker’s third-quarter success as it looks to buy again.
31 October, 2015 by The TZ Newswire Staff Comments Off on ECB reveals capital hole in Greek banks as unpaid loans soar
ECB reveals capital hole in Greek banks as unpaid loans soar
Greece’s banks need to raise more than 14 billion euros (10 billion pounds) of extra capital to cover mounting unpaid loans, the European Central Bank said on Saturday as it announced the results of stress tests intended to rehabilitate Greek lenders. The capital hole has emerged chiefly due to the rising number of Greeks unable or unwilling to repay their debt, after a dispute over reforms between the leftist government and international lenders almost saw Greece leave the euro. Almost 57 percent of the loans made by Piraeus Bank (BOPr.AT), the bank which fared worst, are at risk.
31 October, 2015 by The TZ Newswire Staff Comments Off on Is it time to blow up the New Keynesian model?
Is it time to blow up the New Keynesian model?
This is from a paper by Gauti Eggertsson, a very distinguished New Keynesian economist:
31 October, 2015 by The TZ Newswire Staff Comments Off on Did The PBOC Just Exacerbate China’s Credit & Currency Peg Time Bomb?
Did The PBOC Just Exacerbate China’s Credit & Currency Peg Time Bomb?
31 October, 2015 by The TZ Newswire Staff Comments Off on Boeing Had a Roller-Coaster Day on Tuesday
Boeing Had a Roller-Coaster Day on Tuesday
On the day the House of Representatives finally voted to reauthorize the Export-Import Bank, Boeing lost a major arms deal.
31 October, 2015 by The TZ Newswire Staff Comments Off on Greek Bad Debt Rises Above 50% For The First Time, ECB Admits
Greek Bad Debt Rises Above 50% For The First Time, ECB Admits
It was almost exactly one year ago, on October 26, 2014, when the ECB concluded its latest European Stress Test. As had been pre-leaked, some 25 banks failed it, although the central bank promptly added that just €9.5 billion in net capital shortfall had been identified.
31 October, 2015 by The TZ Newswire Staff Comments Off on 5 Things Yelp Inc.’s Management Wants You to Know
5 Things Yelp Inc.’s Management Wants You to Know
Advertisers generate around $3.00 for every $1.00 they spend with Yelp.