Archives
Nokia Agrees to $16.6 Billion Takeover of Alcatel-Lucent
April 15th, 2015
The Finnish telecommunications company Nokia said Wednesday that it had agreed to an all-share takeover of Alcatel-Lucent that valued its French rival at 15.6 billion euros, or about $16.6 billion. The combined company is expected to become the world’s second-largest telecom equipment manufacturer ...
India is world’s fastest growing major economy. Can it last?
April 15th, 2015
India is looking like the success story of 2015. Its economy is growing faster than China‘s this year, and the most of any major economy in the world. It will surpass Russia‘s this year in size and nearly equal ...
Greece confident of reaching agreement in make-or-break 24 April deadline
April 15th, 2015
Eurozone finance ministers to pass judgment next week on reform-for-cash deal that would unlock €7.2bn (£5.2bn) of financial assistance Greece has vigorously rebutted speculation that it will declare a debt default and plunge out of the eurozone if it fails ...
Europe to Pull Trigger on Google Antitrust Charges
April 15th, 2015
Case would be EU’s biggest competition battle since pursuit of Microsoft a decade ago Europe’s antitrust regulator plans to file formal charges against Google Inc.for violating antitrust laws, a person familiar with the matter said Tuesday, stepping up a five-year investigation ...
China’s growth slows to 7% in the first quarter
April 15th, 2015
China‘s economic growth slowed further in the three months to March this year, expanding 7% compared to a year earlier, its slowest pace since the global financial crisis in 2009. The rate was lower than the 7.3% posted for ...
Shale Output Is Falling Faster Than Expected
April 15th, 2015
Shale drillers will see production drop sooner than expected under a U.S. government forecast, a momentum change that hints at an eventual price rally. Just five months after Saudi Arabia put the market into a tailspin by refusing to ...
Wednesday April 15: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
April 15th, 2015
OSB Commodities & Equity Indices Cheat Sheet & Key Levels April 15. Gold Open 1198.80, High 1201.30, Low 1183.50, Close 1192.60, -0.56% Change. Silver Open 16.28, High 16.34…View table below
Wednesday April 15: OSB G10 Currency Pairs Cheat Sheet & Key Levels
April 15th, 2015
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for April 15. EURUSD Open 1.0566, High 1.0706, Low 1.0531, Close 1.0654, 0.83% Change. GRBUSD Open 1.4673, High 1.4801… View table below
Asian markets stumble over China
April 15th, 2015
Asian markets stumbled on Wednesday as relief China had matched its own growth target was soured by poor readings on consumer demand and industrial activity, underlining the need for more policy action by Beijing. Growth in China’s colossal economy did slow ...
OECD Taxing Wages 2015 Report
April 14th, 2015
Taxes on wages have risen by about one percent for the average worker in OECD countries between 2010 and 2014, even though the majority of governments did not increase statutory income tax rates, according to the Organisation for Economic ...
