20 December, 2015 by The TZ Newswire Staff Comments Off on Panasonic to buy refrigeration firm Hussmann for over $1.2 billion: sources
Panasonic to buy refrigeration firm Hussmann for over $1.2 billion: sources
Japanese electronics maker Panasonic Corp has agreed to buy a majority stake in U.S. refrigeration systems maker Hussmann from a private equity firm for over 150 billion yen ($1.2 billion), people familiar with the matter said on Monday. Panasonic agreed to buy the stake from Clayton Dubilier & Rice, said the people, who declined to be identified as they were not authorized to speak with media on the matter. Clayton Dubilier & Rice bought the stake from industrial conglomerate Ingersoll-Rand PLC (IR.N) in 2011.
20 December, 2015 by The TZ Newswire Staff Comments Off on Asia Markets: Japan stocks fall on easing worries; China gains
Asia Markets: Japan stocks fall on easing worries; China gains
Chinese stocks got a boost from a surge in property shares as a fight unfolded between Wang Shi, chairman of China Vanke .
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20 December, 2015 by The TZ Newswire Staff Comments Off on Currencies: Dollar stuck in a rut in the wake of BOJ steps
Currencies: Dollar stuck in a rut in the wake of BOJ steps
The dollar managed to stay above ¥121.00-mark in a sign that dip buying was kicking in, but failed to go up further with no fresh trading cues and many investors away ahead of the holiday season.
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20 December, 2015 by The TZ Newswire Staff Comments Off on ForexLive Asia FX news wrap: PBOC strengthens the yuan today
ForexLive Asia FX news wrap: PBOC strengthens the yuan today
Forex news for Asia trading Monday 21 December 2015
Currency movements in Asia to open the week on Monday were fairly subdued, as they so often are.
EUR/JPY has been a notable gainer on the session at 30-40 odd points or so higher than where we left it on Friday. USD/JPY has gained as has EUR/USD, but again, the moves are subdued as as I update we are seeing some retracement.
20 December, 2015 by The TZ Newswire Staff Comments Off on Latest: Crude oil prices hit 2004 low; Spain eyed
Latest: Crude oil prices hit 2004 low; Spain eyed
Squawk Box Live in Europe is watching as crude oil prices fall further, with Brent touching lows last seen in 2004.
20 December, 2015 by The TZ Newswire Staff Comments Off on We Love a Good Story
We Love a Good Story
Sometimes more than we love facts.
20 December, 2015 by The TZ Newswire Staff Comments Off on Brent crude falls almost 2 percent to 2004 low
Brent crude falls almost 2 percent to 2004 low
Oil fell to levels last seen in 2004 on Monday, dropping below the lows hit during the 2008 financial crisis on worries over a global oil glut.