November 17, 2014 8:25 am
Kenneth Feinberg, compensation expert hired by General Motors, extended by one month the time frame to file death and injury claims related to the companys faulty ignition switches. Originally, the program, which started August 1, was supposed to end December 31. However, under heavy pressure from families, politicians, safety advocates and lawyers, the deadline was […]
Read moreNovember 17, 2014 8:21 am
Friday’s trade saw GBP/SEK within the range of 11.5626-11.6828. The pair closed at 11.5732, losing 0.85% on a daily basis. At 8:19 GMT today GBP/SEK was down 0.01% for the day to trade at 11.5741. The pair touched a daily low at 11.5669 at 2:35 GMT. Fundamentals BoE Carneys statement Bank of England Governor Mark […]
Read moreNovember 17, 2014 7:56 am
Friday’s trade saw EUR/NOK within the range of 8.4226-8.4857. The pair closed at 8.4590, losing 0.21% on a daily basis. At 7:53 GMT today EUR/NOK was up 0.14% for the day to trade at 8.4687. The pair touched a daily high at 8.4728 at 7:54 GMT. Fundamentals Euro zone Italian Balance of trade The surplus […]
Read moreNovember 17, 2014 7:21 am
Friday’s trade saw EUR/GBP within the range of 0.7931-0.8003. The pair closed at 0.7992, gaining 0.64% on a daily basis. At 7:17 GMT today EUR/GBP was down 0.17% for the day to trade at 0.7980. The pair touched a daily low at 0.7978 at 6:21 GMT. Fundamentals Euro zone Italian Balance of trade The surplus […]
Read moreNovember 16, 2014 8:58 am
Friday’s trade saw EUR/AUD within the range of 1.4279-1.4356. The pair closed at 1.4318, gaining 0.08% on a daily basis, while losing 0.73% for the whole week. Fundamentals Euro zone Italian Balance of trade The surplus on Italys trade balance probably contracted to EUR 1.5 billion in September, according to market expectations. Nations trade surplus […]
Read moreNovember 15, 2014 9:43 am
Friday’s trade saw EUR/JPY within the range of 144.26-145.88. The pair closed at 145.62, gaining 0.83% on a daily basis and 2.08% for the whole week. Fundamentals Euro zone Italian Balance of trade The surplus on Italys trade balance probably contracted to EUR 1.5 billion in September, according to market expectations. Nations trade surplus rose […]
Read moreNovember 15, 2014 9:26 am
Amazon.com Inc. struck a new multi-year publishing deal with Hachette Book Group over print and digital books, bringing to an end a dispute started in early May. The main problem lied in the disagreement on how e-books should be priced and what part of their revenue should each party involved get. In line with the […]
Read moreNovember 14, 2014 2:12 pm
Alibaba Group Holding Ltd. unveiled its first U.S. bond sale, following a significant stock price increase since its record $25 billion initial public offering. Asia’s largest Internet company will try to raise as much as $8 billion in the upcoming weeks, according to people with knowledge on the matter. An initiative of that size would […]
Read moreNovember 14, 2014 1:38 pm
United Parcel Service Inc. unveiled a five-year plan, including aggressive cost-cutting measures, as the company tries to grasp aspiring growth goals. UPS said the boom in online retailing is an opportunity for the company and not a threat. In line with this view, the company projected full-year earnings per share to range between $4.90 and […]
Read moreNovember 14, 2014 11:31 am
Twitter Inc has received junk rating for its bonds from Standard & Poors as the company faces investor pressure due to slowing user growth and management turnover. The company and its $1.8 billion in convertible notes were rated BB-, three levels below investment grade, by the credit rating agency. S&P also said Twitters financial risk […]
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