November 25, 2014 12:51 pm
Sony Corp released an updated view of its electronics businesses financial targets for the 2018 fiscal year, betting on strong performance of the PlayStation 4. The company projected revenue from its video game segment to range between ¥1.4 trillion and ¥1.6 trillion in the fiscal year ending March 31, 2018, an increase compared to the […]
Read moreNovember 25, 2014 10:23 am
Tesla Motors Incs CEO Elon Musk told the German weekly magazine Der Spiegel that the electric car manufacturer is negotiating with BMW over a probable co-operation in batteries and lightweight components. In an interview published on Sunday, Mr. Musk said that the two companies have engaged in talks about a potential collaboration in developing battery […]
Read moreNovember 25, 2014 10:03 am
Natural gas swung between gains and losses as forecasting agencies predicted a mild start to December, followed by the return of colder-than-usual weather. Investors also eyed this weeks EIA inventory report, projected to show a triple-digit withdrawal. Natural gas for delivery in December gained 0.37% to $4.320 per million British thermal units by 9:37 GMT. […]
Read moreNovember 25, 2014 8:58 am
Both West Texas Intermediate and Brent were little changed on Tuesday amid OPEC disagreements on production cuts and speculations of a possible countries exemption from the reductions. January US crude was unchanged for the day at $75.78 per barrel at 08:42 GMT. Prices held in a daily range of $75.95-$75.47 a barrel. The contract lost […]
Read moreNovember 25, 2014 8:14 am
Yesterday’s trade saw USD/CAD within the range of 1.1225-1.1313. The pair closed at 1.1289, gaining 0.51% on a daily basis. At 8:11 GMT today USD/CAD was up 0.13% for the day to trade at 1.1297. The pair touched a daily high at 1.1308 at 7:45 GMT. Fundamentals United States Gross Domestic Product – second estimate […]
Read moreNovember 25, 2014 7:55 am
Yesterday’s trade saw USD/ZAR within the range of 10.9234-11.0510. The pair closed at 11.0132, gaining 0.62% on a daily basis. At 7:52 GMT today USD/ZAR was up 0.44% for the day to trade at 11.0556. The pair touched a daily high at 11.0657 at 8:00 GMT. Fundamentals United States Gross Domestic Product – second estimate […]
Read moreNovember 25, 2014 7:37 am
Yesterday’s trade saw GBP/SEK within the range of 11.6631-11.7025. The pair closed at 11.6793, losing 0.01% on a daily basis. At 7:33 GMT today GBP/SEK was up 0.05% for the day to trade at 11.6731. The pair broke the first key daily resistance and touched a daily high at 11.7029. Fundamentals United Kingdom The number […]
Read moreNovember 25, 2014 7:19 am
Yesterday’s trade saw EUR/GBP within the range of 0.7902-0.7934. The pair closed at 0.7918, gaining 0.19% on a daily basis. At 7:17 GMT today EUR/GBP was up 0.09% for the day to trade at 0.7924. The pair touched a daily high at 0.7927. Fundamentals Euro zone French Business confidence Business climate in France probably remained […]
Read moreNovember 24, 2014 2:44 pm
BT Group Plc announced it is in talks to acquire either O2 or EE in order to expand its services and create a dominant fixed and wireless business. The London-based group said it had seen interest by shareholders in two different UK mobile operators – EE, a joint venture by Orange and Deutsche Telekom, and […]
Read moreNovember 24, 2014 1:00 pm
Aviva Plc, Britains second largest insurer by market capitalization, lost nearly 5% of its value after it announced it had reached a preliminary deal to acquire rival Friends Life. Last Friday, after the trading session in London ended, Aviva announced it had reached an agreement of £5.4 billion, or GBX 398.9 a share, in an […]
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