Search Results for: First Data
Gold Prices Steady Ahead of Federal Reserve Minutes
August 20th, 2014
The US economy has been moving in the right direction, but inflation numbers in the US remain at very low levels. On Tuesday, CPI and Core CPI, the primary gauges of consumer inflation, both posted paltry gains of 0.1%. ...
Asian Stocks Fall as BHP Billiton Drags Index Lower
August 20th, 2014
Asian stocks fell after valuations reached the highest level this year and as BHP Billiton Ltd. (BHP) slumped, dragging materials shares to the largest decline on the regional gauge. BHP, the world’s largest miner, tumbled 3.9 percent in Sydney ...
Rich Russians in U.K. Think About Sanctions, but Keep Buying Mansions
August 20th, 2014
A lunchtime crowd of around 60 real-estate agents and property developers tucked into champagne, caviar and canapés last week at a new six-bedroom mansion in St. George’s Hill, a gated community in London’s leafy suburbs popular with ultrawealthy foreigners. ...
Microsoft Cloud Service Azure Experienced Global Outage
August 19th, 2014
Microsoft Corp. (MSFT)’s Azure cloud-computing service, a critical part of Chief Executive Officer Satya Nadella’s plan to remake the software company, experienced a major global outage yesterday that lasted for around five hours. Azure, which lets businesses access computing ...
Albertsons and SuperValu are hacked
August 18th, 2014
The US retail chain Albertsons, which has 1,060 department stores in the United States, and its former owner SuperValu say their computer systems have been raided by hackers seeking credit card data. Both companies acknowledged the intrusion in statements ...
Asia shares up as investors bank on more stimulus
August 14th, 2014
Asian shares pushed higher on Thursday after a flood of soft economic data led investors to wager on a ceaseless fountain of stimulus from major central banks, sending bond yields tumbling across the globe. An economic contraction in Japan, ...
Brent Oil up to $104 Despite Inventory Surge
August 14th, 2014
Crude rose in choppy trading on Wednesday, with Brent recovering from a 13-month low as turmoil in Iraq and Libya kept concerns about potential supply disruptions in focus. Separately, U.S. crude prices rose despite the U.S. Energy Information Administration ...
New Tax Threatens to Destroy Gas Production in Ukraine
August 13th, 2014
Independent gas producers in Ukraine are joining forces to pressure the government in Kiev to re-think its new gas tax before everyone makes a run for the border in search of new assets in a more stable environment. Private ...
Japan suffers biggest economic slump since 2011 quake as tax hike bites
August 13th, 2014
A sales tax hike last quarter drove Japan’s economy into its biggest contraction since the March 2011 earthquake and tsunami, Cabinet Office data showed on Wednesday, keeping policymakers under pressure to expand fiscal and monetary stimulus should recovery falter ...
Pound Bulls Face Day of Reckoning as BOE Inflation Report Looms
August 12th, 2014
This week’s economic forecasts from the Bank of England are shaping up to be decisive for the remaining sterling bulls. The pound strengthened against the euro today as investors prepared for clues from projections due in the central bank’s ...
