December 8, 2014 3:55 pm
Sony Corp was victimized by another hacker attack, this time the hit was aimed at its PlayStation store, which resulted in two hours of downtime. Todays cyber assault follows last months hacking of Sony Pictures Entertainment’s computer network, the outcome of which was the illegal release of several of its films, including Brad Pits Fury […]
Read moreDecember 8, 2014 2:15 pm
Merck & Co Inc, the second-largest US drugmaker, agreed to purchase Cubist Pharmaceuticals Inc, a biotech company, in a $9.5 billion deal. “Cubist is a global leader in antibiotics and has built a strong portfolio of both marketed and late-stage pipeline medicines,” said Mercks CEO Kenneth Frazier. Under the deal Merck will pay $102 per […]
Read moreDecember 8, 2014 12:46 pm
Insurer esure Group PLC, has agreed to acquire the remaining 50%, which it doesnt already own, of Gocompare.com Holdings Ltd, a website for comparing prices of different financial services. “This is a great opportunity for the esure Group to acquire the remaining share of an important and innovative player in the price comparison market at […]
Read moreDecember 8, 2014 10:35 am
Natural gas is back on the losing streak, after a week of four out of five declines, as forecasts predict milder weather over the most US regions. Natural gas for delivery in January fell 1.58% to $3.742 per million British thermal units by 10:15 GMT. Prices held in a daily range between $3.785 and $3.727. […]
Read moreDecember 8, 2014 9:30 am
Gold edged up on Monday, but traded below $1 200 as stronger US non-farm payrolls report landed support to the already robust dollar. Comex gold for delivery in February gained 0.52% to $1 195.4 per troy ounce by 9:09 GMT, having shifted in a daily range of $1 198.7-$1 187.3 an ounce. The precious metal […]
Read moreDecember 8, 2014 8:44 am
Friday’s trade saw USD/CAD within the range of 1.1380-1.1476. The pair closed at 1.1435, gaining 0.46% on a daily basis. At 8:38 GMT today USD/CAD was up 0.10% for the day to trade at 1.1448. The pair touched a daily high at 1.1459. Fundamentals Canada Housing data Housing starts in Canada probably rose to the seasonally […]
Read moreDecember 8, 2014 8:22 am
Both Brent and West Texas Intermediate started the new week by extending declines to trade near five-year lows as Morgan Stanley cut its forecast amid rising speculations of US production retaliation. January US crude fell 0.96% on Monday to $65.21 per barrel by 08:01 GMT. Prices held in a daily range between $65.55 and $64.63 […]
Read moreDecember 8, 2014 7:47 am
Friday’s trade saw EUR/GBP within the range of 0.7850-0.7923. The pair closed at 0.7882, losing 0.20% on a daily basis. At 7:42 GMT today EUR/GBP was up 0.14% for the day to trade at 0.7895. The pair touched a daily high at 0.7901. Fundamentals Euro zone Sentix Investor Sentiment Confidence among investors in the Euro […]
Read moreDecember 8, 2014 7:32 am
Friday’s trade saw EUR/CHF within the range of 1.2020-1.2030. The pair closed at 1.2021, unchanged on a daily basis. At 7:27 GMT today EUR/CHF was up 0.03% for the day to trade at 1.2026. The pair broke the first key daily resistance and touched a daily high at 1.2029. Fundamentals Euro zone Sentix Investor Sentiment […]
Read moreDecember 7, 2014 7:31 am
Both WTI and Brent futures moderated losses compared to last weeks plunges of 13.54% and 12.71%, respectively, as it became known that OPEC would not support prices and the market has to find its own way to recovery. WTI crude for delivery in January on the New York Mercantile Exchange lost 1.45% on Friday to […]
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