December 31, 2014 12:04 pm
BMW AG faces difficulties to maintain a healthy relationship with its China dealers as more car distributors threaten to not purchase any new vehicles unless the German auto giant decrease its sales target and offer subsidies. According to executives at two BMW dealerships, the car sellers will stop taking BMW vehicles starting as early as […]
Read moreDecember 30, 2014 3:17 pm
In a regulatory filling on Monday Shake Shack Inc said it is looking to raise a place holder amount of $100 million, more than 10 years after the restaurateur Danny Meyer opened its first location in New York. The company has gone a long way since Mr. Meyer set up a single hog dog cart […]
Read moreDecember 30, 2014 1:06 pm
TalkTalk Telecom Group Plc is set to purchase Tescos unprofitable Blinkbox and the deal is expected to be announced next week when Tescos CEO Dave Lewis unveils its new strategy plan. In his attempts to turn around the struggling UK retailer, Mr. Lewis is planning to dispose of the online video streaming service, according to […]
Read moreDecember 30, 2014 12:21 pm
Yesterday’s trade saw EUR/USD within the range of 1.2141-1.2221. The pair closed at 1.2152, losing 0.13% on a daily basis. At 12:18 GMT today EUR/USD was down 0.02% for the day to trade at 1.2152. The pair broke the first key weekly support level and touched a daily low at 1.2124 at 6:02 GMT. Fundamentals […]
Read moreDecember 30, 2014 10:10 am
BAE Systems PLC unveiled intentions to double its customer base as Europes largest defense company plans to sell its NetReveal anti-tax evasion software to several of Europes governments. “Digital defense is the new frontier. It is a reality now,” said George Robbins, senior director and general manager at NetReveal, cited by the Financial Times. “For […]
Read moreDecember 30, 2014 9:45 am
Yesterday’s trade saw USD/CAD within the range of 1.1602-1.1650. The pair closed at 1.1634, gaining 0.01% on a daily basis. At 9:42 GMT today USD/CAD was down 0.09% for the day to trade at 1.1627. The pair touched a daily low at 1.1622 at 8:10 GMT. Fundamentals United States Consumer Confidence by the CB Confidence […]
Read moreDecember 30, 2014 8:39 am
Walgreen Co. announced on Monday that after a special meeting shareholders gave the green light to the deal with Alliance Boots GmbH and the following switch to a holding company structure. Under the deal Walgreen, the largest US drugstore chain by revenue, will acquire the remaining 55% of Alliance Boots which it doesnt already own. […]
Read moreDecember 30, 2014 8:11 am
Yesterday’s trade saw USD/SEK within the range of 7.7795-7.8913. The pair closed at 7.8585, gaining 0.31% on a daily basis. At 8:09 GMT today USD/SEK was down 0.44% for the day to trade at 7.8212. The pair touched a daily low at 7.8144 at 8:07 GMT. Fundamentals United States Consumer Confidence by the CB Confidence […]
Read moreDecember 30, 2014 7:58 am
Yesterday’s trade saw EUR/SEK within the range of 9.4845-9.6266. The pair closed at 9.5496, gaining 0.17% on a daily basis. At 7:56 GMT today EUR/SEK was down 0.09% for the day to trade at 9.5379. The pair touched a daily low at 9.5078 during early Asian trade. Fundamentals Euro zone Spanish Harmonized Consumer Price Index […]
Read moreDecember 30, 2014 7:43 am
Yesterday’s trade saw EUR/GBP within the range of 0.7818-0.7855. The pair closed at 0.7833, gaining 0.12% on a daily basis. At 7:42 GMT today EUR/GBP was up 0.01% for the day to trade at 0.7833. The pair touched a daily high at 0.7840 during early Asian trade. Fundamentals Euro zone Spanish Harmonized Consumer Price Index […]
Read more
