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Market View
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Dollar Edged Lower After Investors Reacted Negatively to Bailout Package for Cyprus
Mar 19, 2013The dollar edged lower after investors reacted negatively to an international bailout package for Cyprus that raised concerns about fresh upheaval in the eurozone. The eurozone has taken the unprecedented step of proposing a new levy on ...
Tags: Dollar, eurozone, risk assets
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Clements Worldwide Launched Its Dubai Office,Its First Location in The MENA Region
Mar 19, 2013Global insurance services provider Clements Worldwide has launched its Dubai office, which the company claims to be its first location in the MENA region. The US insurer manages offices in Washington DC and London, and with the addition ...
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Legal & General Agreed to Purchase a 46.5% Equity Stake in CALA Group
Mar 19, 2013British insurer Legal & General has agreed to purchase a 46.5% equity stake in CALA Group (CALA), from Lloyds Banking, in a deal valued at nearly 210m. Based on the term of the agreement, the underwriter will acquire the stake as an equal ...
Tags: insurer Legal, Legal&General, CALA Group
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Warta Selected Guidewire Software's Guidewire ClaimCenter as Its Claims Management System
Mar 19, 2013Poland-based Warta Insurance and Reinsurance Company has selected Guidewire Software’s Guidewire ClaimCenter as its new claims management system, to achieve their strategic business and customer service objectives. Warta will use ...
Tags: Warta Insurance, Reinsurance, claims service
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We Need to Remember Things Feeding and Clothing Us
Mar 19, 2013Most people in this country, when they sit down to eat one of the several meals they are likely to enjoy tomorrow, will never think about where the protein, vegetables and grains they consume came from. Many will probably pause a few ...
Tags: Agriculture, Food
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Through Rigorous Testing IIHS Has Found That Significant Risks Still Exist
Mar 18, 2013Big-rig trailers are required to have underride guards on the back, essentially "bumpers" to prevent cars from running beneath the trailer in a collision. Through rigorous testing, the Insurance Institute for Highway Safety (IIHS) has found ...
Tags: Auto Parts
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Korean Dongbu Steel's Sales Volumes of CR Steel Products in February,Decreasing by 16.3%
Mar 18, 2013It’s reported that Korean Dongbu Steel’s sales volumes of cold rolled (CR) steel products totaled 168,000 tons in February, decreasing by 16.3% from a month ago. Among them, 101,000 tons were for domestic market, decreasing by ...
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Hydro One Announced a New Partnership with Ryerson University
Mar 18, 2013Hydro One announced a new partnership with Ryerson University, University of Ontario Institute of Technology, University of Waterloo and Western University to increase enrolment and career opportunities for female students pursuing Science, ...
Tags: Consumer Electronics, Engineering
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S&P/ASX200 Closed up 1.8 Per Cent at 5120.2 After Hitting a Seven-Day Low
Mar 18, 2013The sharemarket roared back to life today with its biggest rise in the past eight months as investors snapped up bargains after a three-day decline. The benchmark S&P/ASX200 closed up 1.8 per cent at 5120.2 after hitting a seven-day low ...
Tags: Stocks, sharemarket, benchmark
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Yet The Struggle Against Protectionism Continues
Mar 18, 2013The Commission is today able to report about some success in its strategy to fight global trade barriers. The efforts of the European Commission to fight protectionism over the last year bear fruit and could create better trade and ...
Tags: EU Reports, economy
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The EU and The United States Will Have Their Eyes on More Than Just Removing Tariffs
Mar 18, 2013The European Commission today agreed the draft mandate for the Transatlantic Trade and Investment Partnership Agreement with the United States, effectively firing the starting gun for what is hoped to be a relatively quick negotiation. The ...
Tags: Service, Free Trade Agreement
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Sharemarket Rose with Consumer Staples and Financials Leading a Broad-Based Recovery
Mar 18, 2013The sharemarket rose this morning, with consumer staples and financials leading a broad-based recovery following lower-than-expected US jobless claims data. At 11.30am AEDT, the benchmark S&P/ASX200 was up 1 per cent at 5081.9 points. The ...
Tags: Stocks, sharemarket, benchmark
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Australia's Sharemarket Roared Back to Life with Its Biggest Rise as Stocks Rebound
Mar 18, 2013Australia's sharemarket roared back to life with its biggest rise in the past eight months as investors snapped up bargains after a three-day decline. The benchmark S&P/ASX 200 closed up 1.8 per cent at 5120.2 after hitting a seven-day ...
Tags: stocks, sharemarket, benchmark
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Afterglow Effect From Australia's Stellar Jobs Numbers Helped Support Dollar in Trade
Mar 18, 2013An afterglow effect from Australia's stellar jobs numbers helped support the dollar in quiet trade today, although traders cautioned that further significant gains for the currency are unlikely in the near term. "Today the Australian ...
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Australian Dollar Rose After Traders Welcomed Surprisingly Strong Domestic Jobs Figures
Mar 18, 2013The Australian dollar rose after traders in the US and Europe welcomed surprisingly strong domestic jobs figures. At 6.30am AEDT the currency was trading at 103.77 US cents, up from 103.64 cents at yesterday’s local close. The ...
Tags: Australian dollar, currency, US cents
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