October 20, 2014 2:57 pm
This Monday Apple Inc. launched Apple Pay in the U.S., its new digital payment service, as the phone maker takes on a new market. The iPhone has already taken the place of many devices, including music players, GPS systems, watches, cameras, calendars and many more. Now the tech-giant found another target, the wallet. With the […]
Read moreOctober 20, 2014 12:53 pm
A group of investors including Hong Kong-based Jynwel Capital and funds related to the Abu Dhabi government has made an offer to buy Adidas AGs Reebok unit. Jynwel Capital, owned by Jho Low, and funds connected to the government of Abu Dhabi planned to send a letter to Adidas directors including an offer to purchase […]
Read moreOctober 20, 2014 9:37 am
On Monday Australias Transfield said it had received a takeover bid from Spanish infrastructure group Ferrovial. The Spanish group has offered A$1.95 per share for the Australian company, valuing it at A$1 billion. Transfield management advised shareholders to restrain from action regarding the offer from Ferrovial. Chairman of the Sydney-based company, Diane Smith-Gander said: “The […]
Read moreOctober 20, 2014 8:01 am
Friday’s trade saw AUD/CAD within the range of 0.9822-0.9900. The pair closed at 0.9860, gaining 0.03% on a daily basis. At 7:55 GMT today AUD/CAD was up 0.06% for the day to trade at 0.9868. The pair broke the first key daily resistance and touched a daily high at 0.9902 during early Asian trade. Fundamentals […]
Read moreOctober 20, 2014 7:57 am
On Monday SAP SE cut down its yearly earnings forecast and reported an increase in Q3 net profit as more customers preferred purchasing products online rather than in conventional packages. The worlds largest supplier of software business solutions predicted yearly operating profit for 2014 to be in the range of €5.6 billion to €5.8 billion. […]
Read moreOctober 20, 2014 7:34 am
Friday’s trade saw AUD/JPY within the range of 92.69-93.73. The pair closed at 93.45, gaining 0.37% on a daily basis. At 7:27 GMT today AUD/JPY was up 0.39% for the day to trade at 93.83. The pair broke the first key daily resistance and touched a daily high at 94.22 at 4:00 GMT. Fundamentals Aussie […]
Read moreOctober 20, 2014 7:01 am
Friday’s trade saw EUR/JPY within the range of 135.69-136.73. The pair closed at 136.40, gaining 0.14% on a daily basis. At 6:58 GMT today EUR/JPY was up 0.16% for the day to trade at 136.62. The pair touched a daily high at 137.01 at 3:45 GMT. Fundamentals Euro zone Euro zone current account The surplus […]
Read moreOctober 20, 2014 6:33 am
Friday’s trade saw EUR/GBP within the range of 0.7922-0.7983. The pair closed at 0.7930, losing 0.40% on a daily basis. At 6:29 GMT today EUR/GBP was down 0.09% for the day to trade at 0.7922. The pair touched a daily low at 0.7916 at 6:13 GMT. Fundamentals Euro zone Euro zone current account The surplus […]
Read moreOctober 19, 2014 7:48 am
Friday’s trade saw EUR/HKD within the range of 9.8856-9.9595. The pair closed at 9.9007, losing 0.38% on a daily basis, while gaining 1.06% for the whole week. Fundamentals Euro zone Euro zone current account The surplus on Euro zones current account probably shrank to 18.3 billion EUR in August from 32.3 billion EUR in July. […]
Read moreOctober 18, 2014 9:24 am
Friday’s trade saw EUR/CAD within the range of 1.4317-1.4433. The pair closed at 1.4393, losing 0.18% on a daily basis, while gaining 1.77% for the whole week. Fundamentals Euro zone Euro zone current account The surplus on Euro zones current account probably shrank to 18.3 billion EUR in August from 32.3 billion EUR in July. […]
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