December 18, 2014 2:05 pm
IBM announced a plan to increase its data center numbers across the world in order to better compete with other technology companies for a share in the fast-growing demand for online services. IBM said on Wednesday it had reached a deal with Equinix, provider of carrier-neutral data centers, to boost its international network by nine […]
Read moreDecember 18, 2014 11:04 am
Sony Pictures Entertainment canceled the release of its Kim Jong Un comedy “The Interview” after five of the biggest US cinema chains said they would not display the movie. Cinemark, AMC, Regal Entertainment and Cineplex followed Carmikes decision to not screen the comedy, which was set to be released at Christmas Day. However, it wont […]
Read moreDecember 18, 2014 10:04 am
Natural gas fell for a third session out of four on Thursday, despite weather agencies warnings for a colder end of the year. On the New York Mercantile Exchange, natural gas for delivery in January fell 0.35% to $3.689 per million British thermal units by 9:48 GMT, having shifted in a daily range between $3.715 […]
Read moreDecember 18, 2014 8:55 am
Gold gained on Thursday after the US Federal Reserve announced it would not immediately raise interest rates despite signs of strengthening US economy. Comex gold for delivery in February gained 0.51% to $1 200.6 per troy ounce by 08:38 GMT, having shifted in a daily range of $1 202.0-$1 188.5 an ounce. The precious metal […]
Read moreDecember 18, 2014 8:11 am
Yesterday’s trade saw USD/MXN within the range of 14.3689-14.7903. The pair closed at 14.5604, losing 1.25% on a daily basis. At 8:09 GMT today USD/MXN was up 0.02% for the day to trade at 14.5476. The pair touched a daily high at 14.5993. Fundamentals United States Initial, Continuing Jobless Claims The number of people in […]
Read moreDecember 18, 2014 7:55 am
Yesterday’s trade saw GBP/USD within the range of 1.5541-1.5752. The pair closed at 1.5575, losing 1.09% on a daily basis. At 7:50 GMT today GBP/USD was down 0.06% for the day to trade at 1.5563. The pair broke the first key weekly support level and touched a daily low at 1.5549. Fundamentals United Kingdom BoE […]
Read moreDecember 18, 2014 7:36 am
Yesterday’s trade saw EUR/HKD within the range of 9.5543-9.7037. The pair closed at 9.5719, plunging 1.35% on a daily basis. At 7:27 GMT today EUR/HKD was down 0.35% for the day to trade at 9.5373. The pair touched a daily low at 9.5217. Fundamentals Euro zone German IFO Business Climate Index Business climate in Germany […]
Read moreDecember 18, 2014 7:16 am
Yesterday’s trade saw EUR/GBP within the range of 0.7910-0.7954. The pair closed at 0.7924, losing 0.24% on a daily basis. At 7:14 GMT today EUR/GBP was down 0.32% for the day to trade at 0.7898. The pair broke the first key daily support and touched a daily low at 0.7896. Fundamentals Euro zone German IFO […]
Read moreDecember 17, 2014 3:47 pm
FedEx Corp reported increased quarterly profit, but below expectations due to higher aircraft maintenance expenses as the US delivery giant restated its full-year earnings outlook. For the fiscal second quarter ended November 30, Memphis-based FedEx reported a 5% increase in revenue to $11.9 billion, compared to last years $11.4 billion. The companys performance benefited from […]
Read moreDecember 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 […]
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