13 December, 2015 by The TZ Newswire Staff Comments Off on Shell says China clears merger with BG
Shell says China clears merger with BG
China has given unconditional clearance to a proposed merger between Royal Dutch Shell (RDSa.L) and BG Group (BG.L), clearing the final key regulatory hurdle for the $70-billion tie-up, Shell said on Monday. The clearance means the pre-conditional approval process is complete, the Anglo-Dutch company said in a statement. Prior to the approval, industry sources told Reuters that Chinese authorities were pressing Shell to sweeten long-term gas supply contracts as the world’s top energy consumer faces a large surplus of the supplies as a demand boom at home falters.
13 December, 2015 by The TZ Newswire Staff Comments Off on Trump calls Cruz a ‘little bit of a maniac’
Trump calls Cruz a ‘little bit of a maniac’
Republican presidential front-runner Donald Trump had a new target Sunday, calling fellow White House contender Ted Cruz “a little bit of a maniac.”
13 December, 2015 by The TZ Newswire Staff Comments Off on Asian funds responsible for GBP falling from highs
Asian funds responsible for GBP falling from highs
Bloomberg citing Asian trading desk sources
– macro funds sold GBPUSD and also bought some EURGBP
– option related bids though from contracts nearby at 1.5200
GBPUSD currently 1.5198 after holding around 1.5180 support lines. EURGBP 0.7208
13 December, 2015 by The TZ Newswire Staff Comments Off on Chinese equity markets close firmer. Eurostoxx showing early gains
Chinese equity markets close firmer. Eurostoxx showing early gains
A solid afternoon session for Chinese equities giving respite elsewhere
– Shanghai Comp Index closes up +2.5%
– CS 1300 Index +2.9%
– Eurostoxx 50 futures +0.1%
13 December, 2015 by The TZ Newswire Staff Comments Off on StatPro Revolution reaches version 65 but has no plans for retirement!
StatPro Revolution reaches version 65 but has no plans for retirement!
13 December, 2015 by The TZ Newswire Staff Comments Off on Currencies: Dollar rises as investors focus on Fed meeting
Currencies: Dollar rises as investors focus on Fed meeting
Weak stock markets and expectations that the Fed will hike this week are working to drive the dollar higher on Monday.
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13 December, 2015 by The TZ Newswire Staff Comments Off on Futures Movers: Oil hovers at multiyear lows; analysts see no bottoming out of prices
Futures Movers: Oil hovers at multiyear lows; analysts see no bottoming out of prices
Crude prices hover at multiyear low in wake of IEA report last week and as investors brace for Fed meeting.
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