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toshiba

Toshiba may book loss of several hundreds of billion yen; stock tumbles 12 percent

27/12/2016(0)
Toshiba Corp (6502.T) said it may book a goodwill impairment loss of several hundreds of billion yen on a U.S. nuclear power acquisition – a shock warning that sent ... Read More
year-2017-image

Outlook for 2017

26/12/2016(0)
We exit 2016 on a tide of investor optimism. At long last, there will be a businessman in charge of the US economy in the form of a new ... Read More
monte-dei-paschi-di-siena

Italy creates $20 billion fund to back troubled banks

24/12/2016(0)
Italy’s government has set up a backstop fund to shore up troubled banks, setting the stage for the rescue of troubled Italian lender Banca Monte dei Paschi di Siena ... Read More
volkswagen-scandal

Volkswagen reaches compensation deal with 80,000 US owners

23/12/2016(0)
A federal judge said on Thursday that Volkswagen has reached an agreement in principle to provide “substantial compensation” to the owners of about 80,000 3.0 liter polluting diesel vehicles, ... Read More
financial-services

Crude Oil Price Falls on Shock Inventory Increase

23/12/2016(0)
The U.S. Energy Department’s inventory release showed that crude stockpiles recorded an unexpected build. This weighed on oil prices , sending West Texas Intermediate (WTI) crude futures down 1.5% ... Read More
oil

Oil prices fall as US inventories, Libya output weigh

22/12/2016(0)
Oil prices slipped in tepid Asian trading today, dragged down by an unexpected rise in US crude inventories last week and moves by Libya to boost output over the ... Read More
monte-dei-paschi-di-siena

Italy to bailout Monte dei Paschi di Siena bank with €20bn rescue fund

22/12/2016(0)
A €20bn (£17bn) rescue fund for Italy’s banking sector has been approved by the country’s parliament, heralding a bailout of the world’s oldest bank, Monte dei Paschi di Siena ... Read More
A motorist holds a fuel pump at a Gulf petrol station in London

Oil prices rise on weaker dollar, optimism on output cuts

22/12/2016(0)
Oil prices nudged higher in tepid Asian trading on Thursday, supported by a weaker dollar and optimism that crude producers would abide by an agreement to curb output to ... Read More
adam-messinger

Twitter’s Chief Technology Officer to Leave Company

21/12/2016(0)
Adam Messinger, Twitter’s chief technology officer, said in a Twitter message on Tuesday that he was leaving the company. His departure follows that of Adam Bain, Twitter’s chief operating ... Read More
Coca-cola drink

Coca-Cola buys AB InBev equity stake in CCBA for $3.2 Billion

21/12/2016(0)
The Coca-Cola Company (NYSE: KO) and Anheuser-Busch InBev  (“AB InBev”) (Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB) (JSE: ANH)  have reached an agreement regarding the transition of AB InBev’s 54.5% ... Read More
Broker Cyprus TopFX