February 24, 2015 12:57 pm
BHP Billiton Plc announced on Monday a sharp fall in first-half profit as the worlds biggest miner is struggling to cope with plunging commodity prices. The Anglo-Australian company reported a net profit of $4.27 billion in the six months ended December, down 47% compared to the $8.11 billion it stated a year earlier, but better […]
Read moreFebruary 24, 2015 10:49 am
Google Inc reached a deal with mobile-payment service provider Softcard on Monday as the technology giant is looking to bolster its Google Wallet application to better compete with Apple Pay. The Mountain View, California-based company said in its official blog that it had acquired technologies and intellectual property from struggling Softcard for an undisclosed amount. […]
Read moreFebruary 24, 2015 9:40 am
Natural gas fell on Tuesday to extend losses into a second session as forecasting agencies projected temperatures to warm up by late next week. Natural gas for delivery in April traded 1.52% lower at $2.849 per million British thermal units at 9:22 GMT, holding within a daily range of $2.906 and $2.840. The contract dropped […]
Read moreFebruary 24, 2015 8:43 am
Yesterday’s trade saw USD/CAD within the range of 1.2535-1.2624. The daily high has also been the highest level since February 12th, when a high of 1.2648 was recorded. The pair closed at 1.2574, gaining 0.31% on a daily basis. At 8:39 GMT today USD/CAD was up 0.39% for the day to trade at 1.2623. The […]
Read moreFebruary 24, 2015 8:21 am
Gold hovered near the key level of $1 200 on Tuesday, extending losses into a third session, as investors awaited the testimony of Federal Reserve Chair Janet Yellen. Comex gold for delivery in April lost 0.12% to $1 199.4 per troy ounce by 07:57 GMT, having shifted in a daily range of $1 204.4 and […]
Read moreFebruary 24, 2015 8:18 am
Yesterday’s trade saw EUR/USD within the range of 1.1295-1.1394. The pair closed at 1.1334, losing 0.41% on a daily basis. At 8:14 GMT today EUR/USD was down 0.10% for the day to trade at 1.1319. The pair touched a daily low at 1.1314 at 8:15 GMT. Fundamentals Euro area Harmonized consumer inflation – final estimate […]
Read moreFebruary 24, 2015 7:53 am
Yesterday’s trade saw EUR/CHF within the range of 1.0690-1.0792. The pair closed at 1.0777, gaining 0.67% on a daily basis. At 7:47 GMT today EUR/CHF was down 0.02% for the day to trade at 1.0763. The pair touched a daily low at 1.0756 at 7:10 GMT. Fundamentals Euro area Harmonized consumer inflation – final estimate […]
Read moreFebruary 24, 2015 7:26 am
Yesterday’s trade saw EUR/GBP within the range of 0.7326-0.7405. The daily low has also been the lowest level in over six years. The pair closed at 0.7335, losing 0.82% on a daily basis. At 7:22 GMT today EUR/GBP was down 0.04% for the day to trade at 0.7332. The pair touched a daily low at […]
Read moreFebruary 23, 2015 4:11 pm
Honda Motor Co announced on Monday it had appointed one of its experienced engineers as a future replacement for Chief Executive Takanobu Ito. Takahiro Hachigo, who has been with the company for more than 30 years and has vast international experience, will takeover in late June, the worlds third-biggest car maker said in a statement. […]
Read moreFebruary 23, 2015 2:30 pm
Apple Inc announced on Monday it plans to complete the construction of its first European data centers, which will be powered entirely by renewable energy, by 2017. The iPhone maker said it would spent €1.7 billion on the construction of two separate data centers, located in Denmark and Ireland. The facilities are expected to begin […]
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