22 November, 2015 by The TZ Newswire Staff Comments Off on How a China slowdown could spark a shipping M&A wave
How a China slowdown could spark a shipping M&A wave
The shipping industry is set for consolidation on the back of a collapse in freight rates as growth in China slows.
22 November, 2015 by The TZ Newswire Staff Comments Off on Most holiday shoppers plan to pay in cash
Most holiday shoppers plan to pay in cash
Credit cards and mobile payments won’t be popular this year.
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22 November, 2015 by The TZ Newswire Staff Comments Off on Brother of Paris suspect urges him to turn himself in
Brother of Paris suspect urges him to turn himself in
The brother of Salah Abdeslam — a suspected accomplice to the deadly Paris attacks — urged him to turn himself in and face jail, NBC reports.
22 November, 2015 by The TZ Newswire Staff Comments Off on Mali deepens probe into deadly attack on luxury hotel
Mali deepens probe into deadly attack on luxury hotel
Investigators in Mali were following “several leads” after 19 people were killed in an attack on a hotel claimed by three militant groups.
22 November, 2015 by The TZ Newswire Staff Comments Off on Pfizer set to buy Allergan for more than $150 billion: sources
Pfizer set to buy Allergan for more than $150 billion: sources
The deal, the largest ever in the healthcare sector, will be announced on Monday and is sure to draw political ire in a U.S. presidential election year because Pfizer would redomicile to Ireland, where Allergan is registered, in a so-called “inversion” that would slash its corporate tax rate. It will also reignite debate in the pharmaceutical industry over the role of research and development, with Allergan Chief Executive Brent Saunders, a prolific dealmaker and a skeptic of in-house drug discovery, joining the combined company in a position to influence its strategy.
22 November, 2015 by The TZ Newswire Staff Comments Off on ForexLive Asia FX news wrap: USD higher, commodities lower
ForexLive Asia FX news wrap: USD higher, commodities lower
Forex news for Asia trading Monday 23 November 2015
Monday
Weekend
Sharp moves lower in metals prices on Monday here in Asia, but also for commodities more generally. For example:
22 November, 2015 by The TZ Newswire Staff Comments Off on India’s Rajan wants firms to go bankrupt … and that’s good
India’s Rajan wants firms to go bankrupt … and that’s good
India’s Sisyphean bankruptcy system is in the sights of the country’s central bank chief, who says reform is desperately needed.