December 29, 2014 3:27 pm
A month after Caesars Entertainment Corp. inked an all-stock deal to merge with affiliate Caesars Acquisition Co, announced additional information related to its restructuring plan. Caesars Entertainment Operating Co. will be transformed into an operating and a property company, managed and owned by a real-estate investment trust. Earlier this month the company said it would […]
Read moreDecember 29, 2014 1:12 pm
Roche Holding AG announced that its Ebola test virus got approved by US health regulators and it would be used in emergencies to fight the deadly disease outbreak in West Africa. The Swiss drugmaker said that the US Food and Drug Administation has authorized the use of its LightMix Ebola Zaire rRT-PCR Test on patients […]
Read moreDecember 29, 2014 10:51 am
Zalando SE, Europe’s biggest online retailer, shifts poor-selling products to its brick-and-mortar outlets as the end of the holiday shopping craze approaches. Germany’s Zalando offers discounts of up to 70% for its low-demanted items that the six-year-old company took down from its website and moved to one of its two large warehouses in Frankfurt and […]
Read moreDecember 29, 2014 9:11 am
Sony Pictures “The Interview” generated more than $15 million after it was released last Wednesday for online viewing, despite threats of cyber attacks. The controversial comedy, starring Seth Rogen and is about a television host who gets an interview with Kim Jong Un and is later recruited by the CIA to assassinate the North Korean […]
Read moreDecember 29, 2014 9:10 am
Friday’s trade saw USD/JPY within the range of 120.01-120.46. The pair closed at 120.37, gaining 0.30% on a daily basis. At 9:03 GMT today USD/JPY was up 0.08% for the day to trade at 120.44. The pair touched a daily high at 120.60. Fundamentals Japan The yen managed to regain certain ground against the US […]
Read moreDecember 29, 2014 8:16 am
Friday’s trade saw EUR/USD within the range of 1.2169-1.2225. The pair closed at 1.2179, losing 0.26% on a daily basis. EUR/USD has plunged 11% during the second six months of the year. At 8:00 GMT today EUR/USD was up 0.02% for the day to trade at 1.2179. The pair touched a daily high at 1.2202 […]
Read moreDecember 29, 2014 8:03 am
Gold was little changed on Monday, maintaining its overnight gains, amid expectations that the precious metal would fall due to a stronger dollar and weaker investor interest. Comex gold for delivery in February gained 0.03% to $1 195.6 per troy ounce by 07:36 GMT, having shifted in a daily range of $1 197.5 -$1 192.4 […]
Read moreDecember 29, 2014 7:29 am
Friday’s trade saw EUR/GBP within the range of 0.7817-0.7870. The pair closed at 0.7827, losing 0.50% on a daily basis. At 7:27 GMT today EUR/GBP was down 0.07% for the day to trade at 0.7824. The pair touched a daily low at 0.7822. Fundamentals Euro zone Italian Consumer Confidence Index Confidence among consumers in Italy […]
Read moreDecember 28, 2014 6:43 pm
LG Electronics said that prosecutors raided its headquarters in Seoul on Friday amid accusations that executives from the South Korean company damaged rival Samsungs products while attending a trade fair in Germany. Samsung claims that LG employees, including Jo Seong-jin, president of the companys home appliance division, vandalized several of its premium washing machines, which […]
Read moreDecember 28, 2014 1:56 pm
Friday’s trade saw EUR/CHF within the range of 1.2008-1.2036. The pair closed at 1.2028, losing 0.03% on a daily basis, while showing no change for the whole week. On Monday (December 29th) the cross may be influenced by the fundamentals listed below. Fundamentals Euro zone Italian Consumer Confidence Index Confidence among consumers in Italy probably […]
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