December 17, 2014 1:34 pm
WPP has appointed Roberto Quarta to take Philip Laders place as chairman of the board, starting next year. Mr. Quarta will step in as non-executive director and chairman-designate of the worlds biggest advertising group by sales on January 1. He is expected to become chairman after the companys annual general meeting in June. Mr. Quarta […]
Read moreDecember 17, 2014 12:06 pm
Natural gas rose on Wednesday, regaining some of yesterdays losses, as weather agencies predict colder temperatures through December, especially over the north-central and eastern US. On the New York Mercantile Exchange, natural gas for delivery in January rose 0.91% to $3.652 per million British thermal units by 11:53 GMT, having shifted in a daily range […]
Read moreDecember 17, 2014 10:03 am
Chinas technology giant Tencent Holdings Ltd announced on Tuesday that it had reached a distribution deal with Sony Music Entertainment. Asias second biggest Internet company said it had struck a deal with the Japanese company, which would give Tencent the exclusive rights over the online distribution in China of Sony Musics library, which includes artists […]
Read moreDecember 17, 2014 8:29 am
Gold was little changed on Wednesday, holding in a narrow daily range, as investors avoided entering large positions before the conclusion of Feds last policy meeting this year. Comex gold for delivery in February gained 0.37% to $1 198.7 per troy ounce by 07:56 GMT, having shifted in a daily range of $1 199.8-$1 195.3 […]
Read moreDecember 17, 2014 8:08 am
Yesterday’s trade saw NZD/USD within the range of 0.7720-0.7849. The pair closed at 0.7796, gaining 0.72% on a daily basis. At 8:02 GMT today NZD/USD was down 0.86% for the day to trade at 0.7727. The pair touched a daily low at 0.7717. Fundamentals New Zealand Gross Domestic Product New Zealands Gross Domestic Product (GDP) […]
Read moreDecember 17, 2014 7:50 am
Yesterday’s trade saw GBP/USD within the range of 1.5612-1.5785. The pair closed at 1.5748, gaining 0.71% on a daily basis. At 7:47 GMT today GBP/USD was down 0.19% for the day to trade at 1.5715. The pair touched a daily low at 1.5711. Fundamentals United Kingdom Bank of England Minutes At 9:30 GMT Bank of […]
Read moreDecember 17, 2014 7:33 am
Yesterday’s trade saw EUR/CHF within the range of 1.2008-1.2011. The pair closed at 1.2008, unchanged on a daily basis. At 7:30 GMT today EUR/CHF was up 0.01% for the day to trade at 1.2009. The pair touched a daily high at 1.2010. Fundamentals Euro zone Harmonized Consumer Inflation – final estimate The annualized final consumer […]
Read moreDecember 17, 2014 7:21 am
Yesterday’s trade saw EUR/GBP within the range of 0.7935-0.8006. The pair closed at 0.7943, losing 0.10% on a daily basis. At 7:20 GMT today EUR/GBP was down 0.04% for the day to trade at 0.7939. The pair touched a daily low at 0.7937. Fundamentals Euro zone Harmonized Consumer Inflation – final estimate The annualized final […]
Read moreDecember 16, 2014 4:02 pm
Standard Chartered PLC agreed to sell its consumer finance units in Hong Kong and Shenzhen in line with the UK-based lenders plan to dispose of non-core businesses. The consortium which is buying Standard Chartereds PrimeCredit, includes the US hedge fund York Capital Management, the non-bank lender Pepper Australia Pty and it is led by China […]
Read moreDecember 16, 2014 1:56 pm
McDonalds Holdings Co (Japan) Ltd announced it would offer only small-sized frech fries for the near future as the fast-food chains supplies of potatoes are nearly depleted due to import delays. The prolonged labor dispute between 20 000 dockworkers and the Pacific Maritime Association has played its part in the major delays that started in […]
Read more
