U.S. dollar posts 2016 gain on Trump victory, Fed forecasts
December 30, 2016 by publisher · Leave a Comment
The dollar index , which measures the greenback against a basket of six major rivals, gained about 3.7 percent for the year. The index rose about 7.1 percent during the fourth quarter, more than half that gain coming since the Nov. 8 U.S. presidential election on expectations that U.S. President-elect Donald Trump's plan to boost fiscal stimulus would benefit the currency. A faster projected pace of rate hikes from the Federal Reserve next year also contributed.
See the original post:
U.S. dollar posts 2016 gain on Trump victory, Fed forecasts
China’s Midea receives U.S. green light for Kuka takeover
December 30, 2016 by publisher · Leave a Comment
China's Midea said it will complete its takeover of German robotics maker Kuka in the first half of January after the United States authorities gave the deal a green light. The bid for Kuka, a high-tech robotics manufacturer, sparked controversy in Germany amid fears that key technologies were falling into foreign hands at a time when China protects its own companies against foreign takeovers. “The United …
View original post here:
China’s Midea receives U.S. green light for Kuka takeover
Foxconn joint venture to build $8.8 billion LCD plant in China
December 30, 2016 by admin · Leave a Comment
A joint venture between Hon Hai Precision Industry Co , known as Foxconn, and Sharp Corp plans to build a 61 billion yuan ($8.8 billion) factory in China to produce liquid-crystal displays (LCDs). Sakai Display Products Corp's plant will be a so-called Gen-10.5 facility specializing
Read the original here:
Foxconn joint venture to build $8.8 billion LCD plant in China
FTC seeks more info on Bass Pro-Cabela’s deal
December 30, 2016 by creative · Leave a Comment
(Reuters) – U.S. fishing and hunting equipment retailer Cabela's Inc , which is being bought by privately held rival Bass Pro Shops, said the Federal Trade Commission had sought more information from the companies about the deal. Cabela's shares were down 7.6 percent at $56.98
Read more from the original source:
FTC seeks more info on Bass Pro-Cabela’s deal
Oil down, but ends year with biggest gain since 2009
December 30, 2016 by publisher · Leave a Comment
U.S. benchmark West Texas Intermediate (WTI) crude futures were down 5 cents, or 0.1 percent, at $53.72 a barrel, while Brent fell 3 cents, or 0.1 percent, to $56.82. Oil prices have slumped since
Continued here:
Oil down, but ends year with biggest gain since 2009
Start, switch, stop: How to regroup your IT projects to prepare people for change
December 29, 2016 by admin · Leave a Comment
As an IT leader, explaining your tech projects can be difficult. Here's how you can group your IT projects to better prepare users for what they entail.
See more here:
Start, switch, stop: How to regroup your IT projects to prepare people for change
U.S. FTC requires divestitures in $13.53 billion Boehringer-Sanofi deal
December 29, 2016 by creative · Leave a Comment
German pharmaceutical company Boehringer Ingelheim agreed to divest five types of animal health products to settle charges that a proposed asset swap with Sanofi would harm competition, the U.S. Federal Trade Commission…
See original here:
U.S. FTC requires divestitures in $13.53 billion Boehringer-Sanofi deal
Takata could settle U.S. criminal probe next month: source
December 29, 2016 by admin · Leave a Comment
Part of a settlement would include Takata pleading guilty to criminal misconduct, the source told Reuters. The Justice Department has investigated whether Takata hid information from safety regulators and issued misleading statements about the dangers posed by the air bags. Any deal would likely include a monitor to ensure Takata's compliance with the agreement, the source said.
See more here:
Takata could settle U.S. criminal probe next month: source
U.S. refiners face severe labor shortage for deferred maintenance
December 29, 2016 by publisher · Leave a Comment
(Reuters) – After years of running flat out, U.S. Gulf Coast refiners are lining up repairs to plants in 2017 – but facing a severe labor shortage that could delay work, drive up costs and raise accident risks.
See the original post:
U.S. refiners face severe labor shortage for deferred maintenance
Sprint, OneWeb say 8,000 jobs announced by Trump are part of SoftBank pledge
December 29, 2016 by elegant · Leave a Comment
By Richard Cowan PALM BEACH, Fla. (Reuters) – U.S. President-elect Donald Trump on Wednesday said telecommunications group Sprint Corp and a U.S. satellite company OneWeb will bring 8,000 jobs to the United States, and the companies said the positions were part of a previously disclosed pledge by Japan's SoftBank Group Corp. SoftBank holds stakes in both companies and its chief, billionaire…
Read the original:
Sprint, OneWeb say 8,000 jobs announced by Trump are part of SoftBank pledge