hedge

USD400m Trump Towers Istanbul opened

by on April 21, 2012

menafn.com…

(MENAFN) US real estate tycoon Donald Trump inaugurated Trump Towers Istanbul, and said he will partner Turkish owner and billionaire businessman Aydin Dogan in more real estate in the city, …

Read more:
USD400m Trump Towers Istanbul opened

Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Southwest Airlines’ revenues up 29% in Q1

by on April 20, 2012

menafn.com…

(MENAFN) Southwest Airlines reported that revenues witnessed an increase of 29 percent in the first quarter, thus hitting earnings worth USD98 million, reported AP. The main contributor to the …

Read the original:
Southwest Airlines’ revenues up 29% in Q1

Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Nokia loses USD1.2b in Q1

April 20, 2012

(MENAFN) Nokia said that unforeseeable tough competition led to a dip in sales, which subsequently caused the company a net loss of USD1.2 billion in the first quarter of 2012, reported AP. This …

Read the full article →

US AMD posts USD590m loss in Q1

April 20, 2012

(MENAFN) Advanced Micro Devices Inc. said that it incurred a net loss of USD590 million in the first quarter, compared with net income of USD510 million in 2011′s same period, reported AP. The …

Read the full article →

US DuPont records USD1.5b profit in Q1

April 19, 2012

(MENAFN) US chemicals maker DuPont reported USD1.49 billion net profit in the first quarter from USD1.43 billion made a year earlier, AP reported. The firm said its positive results were driven …

Read the full article →

Ford to build a new plant in China to boost output

April 19, 2012

(MENAFN) Ford Motor Co. disclosed plans to set an auto assembly plant in China to boost its output capacity in China in a bid to catch up with rivals, AP reported. The carmaker will set up a …

Read the full article →

Chinese steelmakers post USD164.1m loss in Q1

April 19, 2012

(MENAFN) China Iron and Steel Association (CISA) said that the country’s steelmakers incurred USD164.1 million losses during the first quarter, reported Xinhua News. The CISA attributed the first …

Read the full article →

IMF says Europe’s economy may undergo mild recession in 2012

April 19, 2012

(MENAFN) The International Monetary Fund (IMF) said that Europe’s economy may go through a mild recession in 2012, as European banks are expected to reduce lending in order to save more capital, …

Read the full article →

Stanley Black & Decker says Q1 profit drops to USD121.8m

April 19, 2012

(MENAFN) Stanley Black & Decker Inc. said that profit in the first quarter fell to USD121.8 million, compared with USD158.7 million in the same period a year ago, reported AP. The New …

Read the full article →

First Solar Lays Off 2,000 Workers

April 19, 2012

(MENAFN – Saudi Press Agency) The biggest U.S. solar-panel manufacturer is laying off 2,000 workers and closing factories in response to declining demand and increased competition from …

Read the full article →

Canada Seeks Entry to Pacific Trade Pact

April 19, 2012

(MENAFN – Saudi Press Agency) Canada hopes to join a pan-Pacific trade pact in the first half of this year, but Ottawa is committed to maintaining contentious tariffs that help is farmers, Trade …

Read the full article →

U.S. Lifts Sanctions on Some Aid Projects on Myanmar

April 19, 2012

(MENAFN – Saudi Press Agency) The United States Treasury relaxed sanctions onØ¢ MyanmarØ¢ on Tuesday to permit financial transactions to support certain humanitarian and development projects in the …

Read the full article →

Fischer hails OFID role in offering energy to poor countries

April 19, 2012

(MENAFN – Kuwait News Agency (KUNA)) The Austrian President Heinz Fischer expressed his deep appreciation to the role played by the OPEC Fund for International Development (OFID) in helping …

Read the full article →

U.S. economy gradually healing

April 19, 2012

(MENAFN – Kuwait News Agency (KUNA)) U.S. Secretary of Treasury Timothy Geithner affirmed here Wednesday that the U.S. economy is “gradually healing” and “gradually getting stronger.” Speaking …

Read the full article →

Iran’s nuclear grass eaters

April 19, 2012

(MENAFN – Jordan Times) After long years of failed international efforts to end Iran’s cunning drive to develop nuclear weapons, the question today is no longer whether the West can prevent the …

Read the full article →

Japan’s trade deficit grows to record high of USD54b

April 19, 2012

(MENAFN) Japanese Finance Ministry said that the country recorded a USD54 billion trade deficit for the fiscal year that ended March 31, reported AP. The ministry added that the figure …

Read the full article →

International Monetary fund increased Global economy’s growth forecast for 2012

April 18, 2012

International Monetary fund raised its forecasted global growth for 2012 for the first time since a year, adding signs to recovery of American economy which supported the global economy’s …

Read the full article →

IMF welcomes pledges by Nordic countries to increase commitment

April 18, 2012

(MENAFN – Kuwait News Agency (KUNA)) Chief of the International Monetary Fund (IMF) Christine Lagarde welcomed here Tuesday the announcements made by Denmark, Norway and Sweden that they will …

Read the full article →

IMF sees Italy missing budget deficit targets

April 18, 2012

(MENAFN – Saudi Press Agency) The International Monetary Fund is predicting that Italy will miss its budget deficit targets this year and next and won’t balance its budget until at least 2018 – …

Read the full article →

World Bank chief

April 18, 2012

(MENAFN – Arab News) The appointment of Asian-American Jim Young Kim as head of the World Bank is a welcome news. His non-financial background can be an advantage at a time when most …

Read the full article →

Intel says Q1 income down 13%

April 18, 2012

(MENAFN) Intel Corp. said that net income dropped 13 percent in the first quarter to USD2.74 billion, compared with USD3.16 billion in 2011′s same period, reported AP. The Santa Clara, …

Read the full article →

Ahmadinejad’s days appear numbered

April 18, 2012

(MENAFN – Arab News) The election result is an indicator of Iranian president’s imminent political downfall THE March 2012 elections to the Majlis (Parliament) have not only pushed Iranian …

Read the full article →

Yahoo posts 28% jump in Q1 earnings

April 18, 2012

(MENAFN) Yahoo Inc said that first-quarter net income jumped 28 percent from the USD223 million recorded in 2011′s same period to USD286 million, reported AP. The company added that in the …

Read the full article →

Coca-Cola posts USD2.05b Q1 profit

April 17, 2012

(MENAFN) Coca-Cola Co said that profit for the first quarter grew to USD2.05 billion, compared with USD1.90 billion in last year’s same period, reported Reuters. The world’s largest soft drink …

Read the full article →

Toshiba Tec to acquire an IBM business in USD850m deal

April 17, 2012

(MENAFN) Toshiba Tec Corp said that in the second half of June or in July, the company plans to acquire IBM Corp’s point-of-sale terminal business for USD850 million, reported Reuters. The …

Read the full article →

Burberry posts 15% rise in Q4 sales

April 17, 2012

(MENAFN) Burberry Group PLC said that in the fourth quarter, sales jumped 15 percent to USD721 million, from USD618 million in 2010′s same period, reported AP. The luxury goods company added that …

Read the full article →

Danone first-quarter revenue rises on higher bottled water sales

April 17, 2012

Danone, the world’s biggest yoghurt producer, said its first quarter revenue climbed to 5.12 billion euros compared with 4.76 billion euros a year earlier thanks to the rise in bottled water sales, …

Read the full article →

USD/CHF Classical Technical Report 04.17

April 17, 2012

USD/CHF: Our core constructive outlook remains well intact with the latest setbacks very well supported by psychological barriers at 0.9000. It now looks as though the market could be looking to …

Read the full article →

Caterpillar to sell Peruvian distribution business for USD75m

April 17, 2012

(MENAFN) Caterpillar Inc. said that it would sell its distribution and support business in Peru to Peruvian Ferreyros SAA in a USD75 million deal, reported AP. The heavy equipment maker added …

Read the full article →

India’s CB slashes repurchase rate to 8%

April 17, 2012

(MENAFN) The Reserve Bank of India (RBI) said that it lowered its repurchase rate by 50 basis points to 8 percent, reported Xinhua News. The central bank added that the move, which was the first …

Read the full article →

China’s overseas direct investment soars 94.5% in Q1

April 17, 2012

(MENAFN) China’s Ministry of Commerce (MOC) said that the country’s overseas direct investment (ODI) in the first quarter soared 94.5 percent from a year earlier to USD16.55 billion, reported Xinhua …

Read the full article →

China trade to improve in Q2

April 17, 2012

(MENAFN) China’s Ministry of Commerce said that the country’s trade in the second quarter is forecasted to improve from that in the first quarter, reported Reuters. The ministry added that the …

Read the full article →

Russia’s Industrial Output Up 4% in 2012 Q1

April 17, 2012

(MENAFN – Qatar News Agency) Russia’s industrial output increased by 4% in the first quarter of 2012 compared to the same period last year, the Russian Federal Statistics Service said on Monday. …

Read the full article →

EUR/JPY Classical Technical Report 04.17

April 17, 2012

EUR/JPY:The market is finally in the process of correcting following the latest surge to fresh 2012 highs just over 111.00. From here, we see risks for further weakness towards the 103.00 area, …

Read the full article →

USD/CAD Classical Technical Report 04.17

April 17, 2012

USD/CAD: Our constructive outlook remains intact despite the latest interday pullback with the market largely locked in a medium-term consolidation ahead of what we believe will be an eventual …

Read the full article →

AUD/USD Classical Technical Report 04.17

April 17, 2012

AUD/USD: Our bearish outlook in this market is being reaffirmed with the latest pullback and we continue to project deeper setbacks over the coming days and weeks back below parity. A fresh lower …

Read the full article →

Recycling industries thriving in Europe

April 17, 2012

(MENAFN – Kuwait News Agency (KUNA)) Waste management and recycling industries in the European Union had a turnover of 145 billion euro in 2008, representing around 2 million jobs. The European …

Read the full article →

EU exports to major partners up

April 17, 2012

(MENAFN – Kuwait News Agency (KUNA)) The trade balance in goods between the 27-member European Union with the rest of the world in February 2012 was a 9.4 billion euro deficit, compared with a …

Read the full article →

Argentina Plans to Nationalize YPF Oil Company

April 17, 2012

(MENAFN – Saudi Press Agency) Argentinean President Cristina Fernandz said Monday she is proposing legislation to nationalize the YPF oil company controlled by Spain’s Repsol. Fernandez said in a …

Read the full article →

Risk aversion supports the Dollar during the Asian session

April 17, 2012

Dollar started today’s session high against other major currencies in a process called risk aversion from investors what increase the demand on feds currency, while investors are watching …

Read the full article →

Taleban spring offensive

April 17, 2012

(MENAFN – Khaleej Times) The high profile attacks by the Taleban-led insurgents in the heart of Kabul targeting diplomatic missions, Nato headquarters and the Parliament may have been defeated but …

Read the full article →

Afghans at the crossroads

April 17, 2012

(MENAFN – Khaleej Times) The once remarkable gains in protecting and promoting equality between women and men in Afghanistan are now facing their most serious challenges. Two questions must be …

Read the full article →

Australia posts 4% rise in March new car sales

April 17, 2012

(MENAFN) The Australian government said that sales of new vehicles went up 4 percent last month from February to 89,694 units, reported Reuters. The data showed that the increase, compared to an …

Read the full article →

Taleban blitz

April 17, 2012

(MENAFN – Arab News) Well-coordinated series of attacks by the Taleban militia on a number of high profile locations across Kabul and at least three provinces of Afghanistan on Sunday is a highly …

Read the full article →

Japan to provide USD60 billion in loans to IMF

April 17, 2012

(MENAFN) Japanese Finance Minister, Jun Azumi, said that his country would provide the International Monetary Fund (IMF) with USD60 billion in loans, reported AP. Azumi added that the emergency …

Read the full article →

Geithner says Buffett rule will not harm US economy

April 16, 2012

(MENAFN) US Treasury Secretary, Timothy Geithner, said that the Buffett rule, proposed by President Barack Obama, will not harm the country’s economy, reported The Peninsula. Geithner added that …

Read the full article →

Revenue from Iran-Tajikistan trade surpasses USD500m in 2011

April 16, 2012

(MENAFN) Iran’s ambassador to Tajikistan, Ali Asghar Sheardoost, said that revenue from trade between Tehran and Dushanbe surpassed USD500 million in 2011, reported Tehran Times. Sheardoost added …

Read the full article →

Iran to increase oil output in Persian Gulf by 100k bpd

April 16, 2012

(MENAFN) The National Iranian Offshore Oilfields Company’s managing director, Mahmoud Zirakchianzadeh, said that during the current calendar year, Iran would increase total oil output in Persian …

Read the full article →

EUR/JPY Classical Technical Report 04.16

April 16, 2012

EUR/JPY:The market is finally in the process of correcting following the latest surge to fresh 2012 highs just over 111.00. From here, we see risks for further weakness towards the 103.00 area, …

Read the full article →

USD/CHF Classical Technical Report 04.16

April 16, 2012

USD/CHF: Our core constructive outlook remains well intact with the latest setbacks very well supported by psychological barriers at 0.9000. It now looks as though the market could be looking to …

Read the full article →

← Previous Entries