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NZ dollar falls to 2-month low vs euro as Draghi stokes ECB action talk
By Jonathan Underhill Sept. 4 (BusinessDesk) – The New Zealand dollar fell to its lowest against the euro since late June after European Central Bank chief Mario Draghi gave more details of his bond-buying plans, stoking expectations the ECB will take action this week. The kiwi...
Guinness Peat to start 10M pound share buyback this week
By Paul McBeth Sept. 4 (BusinessDesk) - Guinness Peat Group, which now counts billionaire George Soros as a substantial shareholder, will kick off its share buyback this week. The investment firm will buy back up to 10 million pounds of stock, having signalled its intention to...
While you were sleeping Weak manufacturing signals help
By Margreet Dietz Sept 4 (BusinessDesk) - European equities advanced as data on manufacturing output from both the euro zone and China bolstered hopes that policy makers will act soon to help accelerate economic activity. The final Purchasing Managers' Index reading for the fac...
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