9 November, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: OPEC’s strategy could backfire, keep prices low: IEA
The Wall Street Journal: OPEC’s strategy could backfire, keep prices low: IEA
OPEC’s unwillingness to limit its oil output could help usher in a sustained period of low prices and more pain for its members’ budgets, the International Energy Agency says.
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9 November, 2015 by The TZ Newswire Staff Comments Off on Blablacar: Share a ride based on how talkative you are
Blablacar: Share a ride based on how talkative you are
Blablacar co-founder Nicolas Brusson explains how he made carpooling a billion dollar business.
9 November, 2015 by The TZ Newswire Staff Comments Off on China deflation, Aussie business confidence plunges … M’eh, could be worse
China deflation, Aussie business confidence plunges … M’eh, could be worse
China deflation!
Aussie business confidence from 5 to 2
It could be worse, you might have this on the radio! 😀
(OK, I’ll admit it … secretly liking it)
9 November, 2015 by The TZ Newswire Staff Comments Off on Why Alphabet Inc. Stock Popped 15.5% in October
Why Alphabet Inc. Stock Popped 15.5% in October
The parent company of Google is now up more than 40% year to date. Here’s what investors need to know.
9 November, 2015 by The TZ Newswire Staff Comments Off on Asian shares at one-month low on Fed, global growth concerns
Asian shares at one-month low on Fed, global growth concerns
Asian shares slipped to one-month lows on Tuesday as the specter of higher borrowing costs in the United States and slower global economic growth prompted investors to trim their exposure to riskier assets. Focus now turns to consumer and wholesales price data from China later in the day. The OECD said in a report on Monday that global trade flows have fallen dangerously close to levels usually associated with a global recession, although steps taken by China and others should ensure a pick-up in 2016.
9 November, 2015 by The TZ Newswire Staff Comments Off on U.S. government, Electrolux argue at trial over GE appliance deal
U.S. government, Electrolux argue at trial over GE appliance deal
The government argued Monday that U.S. consumers would pay 5 percent more for ranges and wall ovens if AB Electrolux (ELUXb.ST) was allowed to buy General Electric’s (GE.N) appliance business but the companies accused antitrust enforcers of failing to acknowledge powerful and growing competition from overseas manufacturers. The Department of Justice asked a federal court in July to stop Sweden’s Electrolux, which makes Frigidaire, Kenmore and Tappan appliances, from buying GE’s appliance business for $3.3 billion.
9 November, 2015 by The TZ Newswire Staff Comments Off on Oil price to rise only gradually to $80 by 2020: IEA
Oil price to rise only gradually to $80 by 2020: IEA
Oil is unlikely to return to $80 a barrel before the end of the next decade, despite unprecedented declines in investment, as yearly demand growth struggles to top 1 million barrels per day, the International Energy Agency said on Tuesday. In its World Energy Outlook, the IEA said it anticipates demand growth under its central scenario will rise annually by some 900,000 barrels per day to 2020, gradually reaching demand of 103.5 million bpd by 2040.