Rod Drury, co-founder and CEO of Xero, explains how the company became a leading accounting global cloud platform and discusses the company¿s hiring strategy.» Read More
SINGAPORE, Aug 27- Brent crude nudged up towards $103 a barrel on Wednesday, recovering from a 14- month low hit last week although bountiful global supplies are checking gains. Still, both Brent and West Texas Intermediate remain on track to post a second monthly fall against a backdrop of lower U.S. crude imports and slowing demand in China and Europe.
SYDNEY/ SINGAPORE, Aug 27- The dollar hit a 13- month peak against a basket of major currencies on Wednesday, with the euro still struggling amid expectations of further policy easing from the European Central Bank.
*Newmont withdraws international arbitration against Indonesia. SYDNEY, Aug 27- London copper was steady on Wednesday after hitting a three-week high in the previous session on signs of growing strength in the U.S. economic recovery, although expectations of higher supply curbed gains.
WELLINGTON, New Zealand— New Zealand dairy giant Fonterra said Wednesday it's forming a partnership with China's Beingmate to help meet growing demand for infant formula in the world's most populous nation. Fonterra said its total investment in the partnership would be up to 615 million New Zealand dollars.
Speakers:- Polish National Bank Governor Marek Belka, Bank of Finland Governor Erkki Liikanen and ECB Governing Council member Ewald Nowotny. ATHENS- French Former Finance Minister Pierre Moscovici is expected to meet Greek Prime Minister Antonis Samaras, Deputy Prime Minister Evangelos Venizelos and Finance Minister Gikas Hardouvelis.
WELLINGTON, New Zealand— New Zealand's national airline on Wednesday posted a 45 percent increase in annual profit and said it expects to benefit from the fuel efficiency of 787-9 Dreamliners it is adding to its fleet. Air New Zealand announced a net profit of 262 million New Zealand dollars for the financial year ended June.
*Alcoa to shut Sardinian ops, cut aluminium capacity by 150,000 T. LONDON, Aug 26- Aluminium touched a 18- month peak on Tuesday, boosted by a big long position and declining available stocks, with metals markets also supported by hopes the European Central Bank would implement stimulus measures.
*Alcoa to shut Sardinian ops, cut aluminum capacity by 150,000 T. LONDON, Aug 26- Aluminum touched a 18- month peak on Tuesday, boosted by a big long position and a shortage of available stocks, with metals markets also supported by hopes the European Central Bank would implement stimulus measures.
LONDON, Aug 26- Copper prices rose to three-week highs on Tuesday, as hopes of stimulus measures by the European Central Bank gathered pace following signs of a weakening European economy.
BEIJING— China is wooing filmmakers at the same time as it's cracking down on them. But while China is avidly pursuing what it considers serious content to replace popular dating, reality and game shows, it is also stifling material with any whiff of challenging the Communist Party line.
Speakers:- Polish National Bank Governor Marek Belka, Bank of Finland Governor Erkki Liikanen and ECB Governing Council member Ewald Nowotny. LUGANO, Switzerland- Swiss National Bank Vice President Jean-Pierre Danthine speaks at the UBS Session: The Role of Finance in Society- 1130 GMT. LJUBLJANA- Bled Strategic Forum 2014 in Slovenia.
CHICAGO, Aug 25- CME Group Inc, the world's largest futures exchange operator, said it halted trading on its electronic platform for four hours on Monday because of a technical issue resulting from planned software reconfigurations.
LONDON, Aug 25- European stocks rallied and the euro fell to a near one-year trough against the dollar on Monday as investors saw rising chances of further policy easing by the European Central Bank. ECB President Mario Draghi said late on Friday that the bank was prepared to respond with all its available tools should inflation in the euro zone drop further.
LONDON, Aug 25- The euro fell to a near one-year low against the dollar and euro zone stocks and bonds rallied on Monday as investors positioned for rising chances of further policy easing by the European Central Bank.
*Copper to fall to $6,500/ T by year-end as supply improves-SocGen. SYDNEY, Aug 25- Shanghai copper hit its highest in around seven weeks on Monday, underpinned by steady consumer demand and after London prices logged the biggest weekly rise in 11 months last week. "We're bearish copper," said Mark Keenan, analyst at Societe Generale in Singapore.
Aug 25- CME Group delayed the start of trade on its electronic platform by four hours on Monday due to technical problems, the latest glitch to hit the world's largest futures market operator.
JACKSON HOLE, United States- Bank of England Deputy Governor Ben Broadbent, Bank of Japan Governor Haruhiko Kuroda and Central Bank of Brazil Governor Alexandre Antonio Tombini take part in a panel discussion on "Labor markets and monetary policy" at Kansas Fed's annual Jackson Hole symposium.
LONDON, Aug 22- Copper hit its highest in a fortnight on Friday and was on track for its biggest weekly rise since early July as brightening U.S. economic prospects and the prospect of extended low interest rates eclipsed concerns over China and Europe.
LONDON, Aug 22- London copper hit its highest price in a fortnight on Friday and was on track for its biggest weekly rise since early July as brightening U.S. economic prospects eclipsed concerns over China and Europe.
SINGAPORE, Aug 22- Asian feed grain importers expect an influx of cheap feed wheat from Ukraine and France as heavy rain in Europe damages the quality of crops, leaving them fit for only animal consumption.