26 February, 2017 by The TZ Newswire Staff Comments Off on Australia data: Q4 Company profits: +20.1% q/q (expected +8.0%)
Australia data: Q4 Company profits: +20.1% q/q (expected +8.0%)
Company Operating Profit for the October to December quarter
Inventory data on a separate post
Yes, up 20.1% q/q, not a typo
– Up 26.2% y/y
– Mining company profits are up with surging commodity prices
As part of this data release is ‘Wages and salaries’ for Q4
26 February, 2017 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Merger between London Stock Exchange, Deutsche Börse in doubt
The Wall Street Journal: Merger between London Stock Exchange, Deutsche Börse in doubt
The planned megamerger between Deutsche Börse AG and London Stock Exchange Group PLC to create Europe’s largest exchange is at risk after the LSE said late Sunday it wouldn’t sell its majority-owned fixed-income trading platform in Italy to appease antitrust concerns over the deal.
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26 February, 2017 by The TZ Newswire Staff Comments Off on Crude is screwed, man.
Crude is screwed, man.
This is NOT going to be a fun two-year cycle in the crude markets.
My spidey-sense is tingling that volatility is going to slowly grow and grow as OPEC and the US battle for regional market dominance, along with this monster on the horizon, looming, hovering. Peering at us in the past, from the future.
26 February, 2017 by The TZ Newswire Staff Comments Off on White House Launches Surprise Phone Checks On Staffers To Find "Leaker"
White House Launches Surprise Phone Checks On Staffers To Find "Leaker"
In yet another ironic twist, the process (including random phone checks overseen by White House lawyers) by which Sean Spicer is cracking down on leaks from The White House has been leaked to Politico.
26 February, 2017 by The TZ Newswire Staff Comments Off on Trump Nominee For Navy Secretary Withdraws
Trump Nominee For Navy Secretary Withdraws
Another Trump nominee for a critical government role has decided to withdraw. After two prior Trump nominees, Army Secretary choice Vincent Viola and Labor nominee Andy Puzder, both removed themselves from consideration for their appointed role in recent weeks citing insurmountable opposition or conflicts, moments ago financier Philip Bilden, a senior advisor at HarbourVest Asia and President Trump’s pick to lead the Navy, was said to become the third Trump appointee to withdraw his nomination.
26 February, 2017 by The TZ Newswire Staff Comments Off on Kasich: GOP may need Democrats to ensure health coverage for millions
Kasich: GOP may need Democrats to ensure health coverage for millions
Ohio Gov. John Kasich thinks House Republicans will need to reach out to Democrats in order to pass health-care reform that won’t cut off coverage for millions of people.
26 February, 2017 by The TZ Newswire Staff Comments Off on NYT reports: Trump to Ask for Sharp Increases in Military Spending, Officials Say
NYT reports: Trump to Ask for Sharp Increases in Military Spending, Officials Say
Breaking from the New York Times
– Trump will instruct federal agencies on Monday to assemble a budget for the coming fiscal year that would include sharp increases in Defense Department spending
NYT quoting four senior administration officials