Tag Archives: tuesday

Supply glut pushing oil prices lower

An oversupply of oil from new sources across North America is keeping crude prices depressed, the International Energy Agency said in a report Tuesday. Continue reading

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Australian Dollar Edges Down Against Yen

CANBERA (dpa-AFX) – The Australian dollar dropped against the Japanese yen in Asia on Wednesday.The aussie weakened to 101.01 against the yen, down from Tuesday’s close of 101.17. The aussie is li… Continue reading

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Brazil’s Itau to Buy Citigroup’s Consumer Finance Unit for BRL2.77 Billion

Brazilian bank Itau Unibanco Holding SA (ITUB, ITUB4.BR) has agreed to buy the Brazilian consumer finance unit of Citigroup Inc. (C) for 2.77 billion Brazilian reais ($1.38 billion), Itau said in a statement Tuesday Continue reading

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UBS Hires LaBianca to Lead for Commercial Loan Post

UBS AG (UBS, UBSN.VX) on Tuesday said it hired Wall Street veteran Christopher LaBianca from RCG Longview as its new head of commercial real-estate loan originations, marking the Swiss bank’s latest bid to preserve its footing in a rapidly expanding market. Continue reading

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Boats carrying fleeing Rohingya minority capsize

SITTWE, Myanmar (AP) — An overcrowded boat capsized while trying to escape a cyclone bearing down on Myanmar, tossing dozens of people into the sea. Eight bodies were found and more than 50 people were missing and feared dead, the United Nations said Tuesday. Continue reading

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Nigeria president declares state of emergency

LAGOS, Nigeria (AP) — Admitting Islamic extremists now control some of his nation's villages and towns, Nigeria's president declared a state of emergency Tuesday across the country's troubled northeast, promising to send more troops to fight what he said is now an open rebellion. Continue reading

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A look at how Russia, US still spy on each other

The Cold War is long over, but espionage is forever. Continue reading

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When Minnesota approves gay marriage, does Supreme Court listen? Maybe

In the past two weeks the number of states recognizing same-sex marriages has risen from nine to 12, with new marriage bills signed into law in Rhode Island, Delaware, and – on Tuesday – in Minnesota. Continue reading

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Panasonic to Boost Capital Ratio

Panasonic Corp. (6752.TO) will raise its capital ratio to at least 30% by the year through March 2016 from 23.4% as of this past March 31, according to Managing Director Hideaki Kawai, the Nikkei reported in its Tuesday morning edition Continue reading

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New stock market milestone: Dow 15,000

NEW YORK (AP) — The Dow Jones industrial average punched through another milestone Tuesday, closing above 15,000 for the first time just two months after recovering the last of its losses from the 2008 financial crisis. Continue reading

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