6 December, 2015 by The TZ Newswire Staff Comments Off on Alphabet Inc’s New Google Glass Is Bound to Be Another Flop
Alphabet Inc’s New Google Glass Is Bound to Be Another Flop
Two reasons to believe that a new Google Glass aimed at businesses won’t be a success.
6 December, 2015 by The TZ Newswire Staff Comments Off on A Beleaguered Wal-Mart Sues A Broke Puerto Rico For "Astonishing" Tax Hike
A Beleaguered Wal-Mart Sues A Broke Puerto Rico For "Astonishing" Tax Hike
It’s always amusing when unforeseen circumstances conspire to bring two previously disparate stories together in one hilarious boondoggle.
As regular readers are no doubt aware, Puerto Rico is broke. “Let us be clear: We have no cash left,” governor Alejandro Garcia Padilla told Congress last week, after the commonwealth used an absurd revenue clawback end-around to avoid defaulting on some $345 million in debt that came due on Tuesday.
6 December, 2015 by The TZ Newswire Staff Comments Off on SocGen says EUR/USD has limited upside – levels and targets
SocGen says EUR/USD has limited upside – levels and targets
After breaching below the flag formation, EUR/USD has retested March
lows of 1.05/1.04 which more importantly correspond with the multi
decadal channel lower limit, notes SocGen.
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6 December, 2015 by The TZ Newswire Staff Comments Off on China’s budget airlines spread wings, add routes
China’s budget airlines spread wings, add routes
BEIJING/SINGAPORE (Reuters) – Xia Lili, marketing chief at a privately-owned Shanghai software firm switched to flying with Spring Airlines after China’s first low-cost carrier took off in 2010. Xia and her colleagues are among an increasing number of Chinese who are fuelling fast growth in what is often called the “last” big market ripe for low-cost carrier penetration. Since late 2013, the Civil Aviation Administration of China has encouraged budget airlines as Beijing has seen how they have taken off elsewhere.
6 December, 2015 by The TZ Newswire Staff Comments Off on Big city land-grab sowing seeds of next China property boom
Big city land-grab sowing seeds of next China property boom
In the Chaoyang district of northeast Beijing, a nondescript wall covered in patriotic posters protects one of the city’s most valuable treasures: a dirt field containing nothing but a few scattered trees. Last month the block sold for 3.3 billion yuan ($515 million), according to Beijing Municipal Bureau of Land and Resources data, meaning the cost to the developer of each apartment built will be above the price at which nearby homes currently change hands, once a commitment to build a quota of affordable housing is factored in.
6 December, 2015 by The TZ Newswire Staff Comments Off on Aerojet Rocketdyne Propulsion Helps Deliver Resupply Mission to International Space Station
Aerojet Rocketdyne Propulsion Helps Deliver Resupply Mission to International Space Station
6 December, 2015 by The TZ Newswire Staff Comments Off on Australia – AiG Construction PMI for November: 50.7 (prior 52.1)
Australia – AiG Construction PMI for November: 50.7 (prior 52.1)
Australian Industry Group Performance of Construction Index for November
‘Key findings’ on the report from AiG:
– The national construction industry … the pace of growth was marginal and the slowest since overall conditions returned to growth in August
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