March 6, 2015 1:18 pm
The new wireless service from Google Inc is expected to only be compatible with the technology giants latest smartphone device, the Wall Street Journal reported. Googles new service, which would allow its users to switch between Wi-Fi and cellular networks, will work on the companys Nexus 6, the Journal said citing people familiar with the […]
Read moreMarch 6, 2015 10:57 am
SAP SE plans to reduce its workforce by around 3% as Europe’s largest software developer continue to shift its focus on providing services over the Internet. Around 2 250 of the companys total of 74 000 employees will part ways with SAP, according to Stefan Ries, head of human resources at the company. Mr. Rise […]
Read moreMarch 6, 2015 10:35 am
Yesterday’s trade saw USD/CAD within the range of 1.2405-1.2519. The pair closed at 1.2486, up 0.47% on a daily basis, marking the first gain in three trading days. At 10:33 GMT today USD/CAD was down 0.12% for the day to trade at 1.2472. The pair touched a daily low at 1.2470 at 10:32 GMT. Fundamentals […]
Read moreMarch 6, 2015 9:43 am
Daimler AG is set to invest $500 million in the expansion of its manufacturing facility in South Carolina, according to people familiar with the matter. The factory is set to assemble Mercedes-Benz Sprinter, or one of the German carmakers popular mid-size cargo minivans, only using parts that were made in the U.S. Currently the Charleston […]
Read moreMarch 6, 2015 8:56 am
Yesterday’s trade saw EUR/USD within the range of 1.0986-1.1116. The daily low has also been the lowest level since September 5th 2003, when a low of 1.0914 was recorded. The pair closed at 1.1031, down 0.43% on a daily basis and marking a third consecutive daily loss. At 8:53 GMT today EUR/USD was down 0.13% […]
Read moreMarch 6, 2015 8:14 am
Gold edged up on Friday to end four sessions of declines but headed for a yet another weekly loss as robust U.S. economic data boosted the dollar and speculations about a sooner interest rate hike. Comex gold for delivery in April was up 0.09% at $1 197.3 per troy ounce at 7:45 GMT, shifting in […]
Read moreMarch 6, 2015 7:51 am
Yesterday’s trade saw EUR/GBP within the range of 0.7218-0.7288. The daily low has also been the lowest since mid-December 2007. The pair closed at 0.7238, down 0.28% on a daily basis and marking a third consecutive daily loss. At 7:27 GMT today EUR/GBP was down 0.06% for the day to trade at 0.7232. The pair […]
Read moreMarch 5, 2015 3:53 pm
Betfair Group Plc lifted its full-year profit guidance on Thursday as the online gambling company reported another strong quarter driven by increased demand. The company reported a 20% growth in revenue to £114.6 million in the three months ended January 31, marking the fourth straight quarter of double-digit increases. The strong performance came even as […]
Read moreMarch 5, 2015 2:24 pm
Costco Wholesale Corp reported better-than-anticipated quarterly performance on Thursday as a tax benefit more than offset the negative impact of a ongoing tax matter. The second-largest retailer in the U.S., lagging behind Wal-Mart Stores, reported a net income of $598 million, or $1.35 a share, for the three months ended February 15, compared to $463 […]
Read moreMarch 5, 2015 1:04 pm
Aviva Plc reported higher full-year operating profit and boosted its dividend as the insurer saw better performance of its struggling businesses, but Chief Executive Mark Wilson warned that there is still long way to go. Operating profit for the twelve months ended December came in at £2.17 billion, up 6% compared to the previous year […]
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