14 December, 2015 by The TZ Newswire Staff Comments Off on Kerry in Russia talks to explore Syria peace process
Kerry in Russia talks to explore Syria peace process
U.S. Secretary of State John Kerry arrived in Moscow on Tuesday to try and narrow differences with Russian leader Vladimir Putin over Syria’s future.
14 December, 2015 by The TZ Newswire Staff Comments Off on Fed’s Yellen: an orthodox economist for unorthodox times
Fed’s Yellen: an orthodox economist for unorthodox times
Janet Yellen is guiding the Federal Reserve towards its first rate rise in a decade armed with traditional economic models that some economists worry could fail her in a world of massive money printing and near zero rates. If she is right, Yellen, who has already presided over the end of the Fed’s bond-buying stimulus program, will cement her reputation and that of her “dashboard” that relies on long-established relationships between jobs, wages and prices.
14 December, 2015 by The TZ Newswire Staff Comments Off on Russia’s agency says 6,635 Jeep Grand Cherokee cars recalled
Russia’s agency says 6,635 Jeep Grand Cherokee cars recalled
Russian state standards agency Rosstandart said on Tuesday it had been informed about the recall of 6,635 Fiat Chrysler Automobiles’ Jeep Grand Cherokee cars over a pump relay issue. It said the recall …
14 December, 2015 by The TZ Newswire Staff Comments Off on Exclusive: StanChart axes top bankers in energy M&A team – sources
Exclusive: StanChart axes top bankers in energy M&A team – sources
Standard Chartered plc (STAN.L) has axed at least half a dozen oil and gas advisory banking roles in recent weeks, ending an eight-year attempt to build a global energy M&A team, people familiar with the matter told Reuters. Asia-focused lender Standard Chartered (2888.HK) expanded its energy M&A advisory team just before the global financial crisis by acquiring Harrison Lovegrove, a well regarded boutique advisory firm for oil and gas. At that time, more than two dozen bankers came over to Standard Chartered from Harrison Lovegrove.
14 December, 2015 by The TZ Newswire Staff Comments Off on Hyundai Motor chairman says auto market 2016 outlook ‘not bright’
Hyundai Motor chairman says auto market 2016 outlook ‘not bright’
The outlook for the global auto market is “not bright” next year, Hyundai Motor Group Chairman Chung Mong-koo said on Tuesday, indicating 2016 will be another challenging year for the world’s fifth-largest automaker. Speaking to the heads of the automaker’s overseas units, Chung said growth this year was constrained by a weak global economy, the economic slowdown in the world’s second-largest auto market China and a decline in emerging market demand. “Considering many leading indicators, the outlook for next year’s auto market is also not bright,” he said.
14 December, 2015 by The TZ Newswire Staff Comments Off on Currencies: Dollar lays in wait for Fed meeting that could swing it either way
Currencies: Dollar lays in wait for Fed meeting that could swing it either way
Concerns about a slow pace of U.S.
14 December, 2015 by The TZ Newswire Staff Comments Off on Futures Movers: Crude struggles on, waiting for direction from the Fed
Futures Movers: Crude struggles on, waiting for direction from the Fed
A U.S.