26 November, 2015 by The TZ Newswire Staff Comments Off on BTG Pactual redemptions rise in day after CEO arrest: source
BTG Pactual redemptions rise in day after CEO arrest: source
Clients stepped up withdrawals from Grupo BTG Pactual SA’s money management unit on Thursday, according to a source with knowledge of the bank’s strategy, as Latin America’s largest independent investment bank tries to contain fallout from the arrest of its top executive. Outflows reached a cumulative 3.5 percent of assets under management over the past two days, the source said. Redemptions had hit around 1 percent on Wednesday, when Chief Executive Officer André Esteves was arrested on suspicion of obstructing a sweeping corruption investigation.
26 November, 2015 by The TZ Newswire Staff Comments Off on Merck plans to sell its allergy business unit to cut debt: Bloomberg
Merck plans to sell its allergy business unit to cut debt: Bloomberg
German drugs and chemicals maker Merck KGaA is planning to sell its allergy business, Allergopharma, Bloomberg reported, citing sources. The sale, which could fetch about 600 million euros , is an attempt …
26 November, 2015 by The TZ Newswire Staff Comments Off on Japan October CPI: 0.3% y/y (expected 0.2%)
Japan October CPI: 0.3% y/y (expected 0.2%)
Inflation data from Japan for October (& November, Tokyo)
National CPI 0.3% y/y for October,
– expected 0.2%, prior was 0.0%
National CPI -0.1% y/y excluding Fresh Food
26 November, 2015 by The TZ Newswire Staff Comments Off on A Look At The Coming Collapse Of The European Union
A Look At The Coming Collapse Of The European Union
Submitted by Jeff Thomas via InternationalMan.com,
When I was a boy, a carnival would come through town annually, with a Ferris wheel, a merry-go-round and, of course, a midway: rows of makeshift stalls where fairgoers might win a prize by throwing a ball at weighted milk bottles, shooting a rifle at metal ducks, or pitching pennies at small glass bowls.
26 November, 2015 by The TZ Newswire Staff Comments Off on Japan data – Household Spending, Jobless Rate Job-To-Applicant Ratio
Japan data – Household Spending, Jobless Rate Job-To-Applicant Ratio
Japan data (the October and November CPI data is on a separate post)
Overall Household Spending -2.4% y/y for October,
– expected 0.0%, prior was -0.4%
Jobless Rate for October, 3.1%
26 November, 2015 by The TZ Newswire Staff Comments Off on Victory Nickel Announces Debt Restructuring Package
Victory Nickel Announces Debt Restructuring Package
26 November, 2015 by The TZ Newswire Staff Comments Off on Aussie press: Citi says slowing housing market could force further RBA cuts
Aussie press: Citi says slowing housing market could force further RBA cuts
Comments from Citi economists on the Australian housing market and what could force the Reserve Bank of Australia to cut again
This is via the Australian Financial Review today