16 November, 2015 by The TZ Newswire Staff Comments Off on GE, Textron plan to develop new turboprop engine, plane
GE, Textron plan to develop new turboprop engine, plane
LAS VEGAS (REUTERS) – – GE Aviation (GE.N) said on Monday it had teamed up with Textron (TXT.N) to produce an all-new turboprop aircraft and engine for the general aviation market, part of an effort GE expects will generate more than $1 billion in annual sales of engines by 2020. GE Aviation said its so-called advanced turboprop engine takes aim at a widely used engine by United Technologies (UTX.N) unit Pratt & Whitney known as the PT6, which has dominated the market for 50 years, producing 51,000 units.
16 November, 2015 by The TZ Newswire Staff Comments Off on Why the FedEx-TNT deal will succeed
Why the FedEx-TNT deal will succeed
FedEx is confident it will successfully take over Dutch peer TNT Express following a failed bid by rival United Parcel Service (UPS) three years ago.
16 November, 2015 by The TZ Newswire Staff Comments Off on What drives FX rate change? EUR/USD drivers shift and change – case study
What drives FX rate change? EUR/USD drivers shift and change – case study
Morgan Stanley on the changing drivers for currency markets, via a look at what has been driving the euro
Currency markets are fast moving, making it difficult to keep
track of what is driving exchange rates. Even over just the
past year there have been many regime shifts. We have seen
currencies driven by the rapid fall in oil prices, falling Bund
yields as well as a rapid rise in bond and equity volatility this
year.
The graphs MS are referring to:
16 November, 2015 by The TZ Newswire Staff Comments Off on "It’s Getting Worse" – Visualizing 14 Years Of Terror In Western Europe
"It’s Getting Worse" – Visualizing 14 Years Of Terror In Western Europe
16 November, 2015 by The TZ Newswire Staff Comments Off on USD keeps on climbing in Asia
USD keeps on climbing in Asia
I’ve been posting piecemeal comments on some currency movements, EUR down, AUD & NZD down, metals down …
I probably shoulda taken the lazy, and arguably more accurate, route … the USD is higher nearly across the board here in Asian today.
16 November, 2015 by The TZ Newswire Staff Comments Off on Belgium-Spain soccer match called off for security reasons
Belgium-Spain soccer match called off for security reasons
A soccer friendly between Belgium and Spain scheduled for Brussels on Tuesday has been postponed for security reasons after the Paris attacks.
16 November, 2015 by The TZ Newswire Staff Comments Off on Copper Is Crashing In China
Copper Is Crashing In China
Shanghai Copper is down 4.6%, hitting fresh cycle lows not seen since March 2009. No clear catalyst is evident for now aside from stronger USDollar, Codelco’s cuts, and more chatter of CCFD unwinds. If COMEX Copper holds these losses, it will be down for 10 straight days – the longest on record from what we could tell.
Copper is crashing in China…