Category Archives: business

U.S. factory orders fall more than expected on transportation

WASHINGTON (NEWS.GNOM.ES) – New orders for U.S. factory goods fell more than expected in May on weak demand for transportation and electrical equipment, a sign that manufacturing remained mired in a soft patch. Continue reading

Animal charity celebrates July 4 to raise funds

A STAR-spangled July 4 dinner has been organised by animal charity PADs (Protection Animales Domestico) which will take place in the picturesque Hotel Tamisa Golf. This promises to be a great night and in aid of a very needy cause. The theme is true American style, with drinks and canapés served on the terrace from 7.30pm onwards Continue reading

US factory orders fell 1 percent in May

By MARTIN CRUTSINGER, AP Economics Writer WASHINGTON (AP) — Orders to U.S. Continue reading

Christie can’t win New Jersey. Does that matter?

New Jersey Gov. Continue reading

Thousands evacuated after Tennessee train fire

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Dixons Carphone in deal with Sprint to open U.S. stores

LONDON (NEWS.GNOM.ES) – British electrical goods and mobile phone retailer Dixons Carphone has sealed a deal with Sprint Corp. , the U.S Continue reading

Exclusive: ING on course to win auction for HSBC’s Turkish bank – sources

By Asli Kandemir, Nevzat Devranoglu and Steve Slater By Asli Kandemir, Nevzat Devranoglu and Steve Slater ISTANBUL/LONDON (NEWS.GNOM.ES) – Dutch lender ING Group is set to win the auction to buy HSBC’s Turkish business, people familiar with the matter said on Thursday. Four people familiar with the situation said HSBC had narrowed down the field to one suitor, and two of the sources said that was ING, though they added a deal had yet to be finalised. ING, which already has a presence in Turkey, was one of three banks to submit a non-binding bid in May, sources previously told NEWS.GNOM.ES. Continue reading

Electrolux CEO seeks to rescue GE deal after legal blow

STOCKHOLM (NEWS.GNOM.ES) – Buying only parts of the GE Appliances business would not make sense, the head of Sweden’s Electrolux said on Thursday, fighting to salvage a $3.3 billion deal after the United States moved to block it. The U.S. Justice Department filed a lawsuit on Wednesday to stop the Swedish company from buying General Electric Co’s appliance unit, saying a deal that has underpinned gains in Electrolux shares since it was announced last September would hurt competition Continue reading

Boom times for healthcare mergers bring bankers 59 percent rise in fees

LONDON (NEWS.GNOM.ES) – A surge in mergers and acquisitions in the healthcare sector has been a windfall for investment bankers, with fees from activity in the sector up 59 percent in the first half of 2015, according to Thomson NEWS.GNOM.ES data. Goldman Sachs commanded 11.8 percent of all healthcare fees, followed by JP Morgan with 11.2 percent and Morgan Stanley with 6.9 percent. Continue reading

Traders now betting Fed to wait until 2016 for first rate hike

(NEWS.GNOM.ES) – U.S. short-term interest-rate futures contracts rose on Thursday as a weaker than expected government report on jobs prompted traders to put on bets the Federal Reserve will wait to raise interest rates until next year. Futures contracts show that traders now see January as the first Fed meeting when a rate hike is more likely than not, based on CME FedWatch, which tracks expectations using its Fed funds futures contracts Continue reading