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Apr 14, 2015

Cronut creator plans more sweet ventures in New York, Tokyo

NEW YORK (Reuters) – Dominique Ansel, whose Cronut hybrid of a doughnut and croissant caused a food sensation two years ago, is expanding on his success with new shops in New York and Tokyo and customized desserts.

The 37-year-old enjoyed a banner 2014 when the James Beard Foundation named him the top U.S. pastry chef and he launched his first cookbook “Dominique Ansel: The Secret Recipes.”

Apr 14, 2015

World Chefs: Cronut creator plans more sweet ventures in New York, Tokyo

NEW YORK, April 14 (Reuters) – Dominique Ansel, whose Cronut
hybrid of a doughnut and croissant caused a food sensation two
years ago, is expanding on his success with new shops in New
York and Tokyo and customized desserts.

The 37-year-old enjoyed a banner 2014 when the James Beard
Foundation named him the top U.S. pastry chef and he launched
his first cookbook “Dominique Ansel: The Secret Recipes.”

Apr 10, 2015

Global Markets – World stocks reach milestones, dollar gains

NEW YORK (Reuters) – World equity markets tested record highs on Friday on hopes of more stimulus from top central banks, while the dollar strengthened on favourable government debt yields compared to those of most other developed countries.

Wall Street scored solid gains after U.S. conglomerate General Electric Co. (GE.N: Quote, Profile, Research) said it plans to sell assets and buy back up to $50 billion of its stock. This propelled GE shares to their highest since September 2008, ending up 10.8 percent at $28.51 in heavy volume. [.N]

Apr 10, 2015

World stocks reach milestones, dollar gains

NEW YORK (Reuters) – World equity markets tested record highs on Friday on hopes of more stimulus from top central banks, while the dollar strengthened on favorable government debt yields compared to those of most other developed countries.

Wall Street scored solid gains after U.S. conglomerate General Electric Co. said it plans to sell assets and buy back up to $50 billion of its stock. This propelled GE shares to their highest since September 2008, ending up 10.8 percent at $28.51 in heavy volume.

Apr 10, 2015

GE plan further shrinks its money market presence

NEW YORK (Reuters) – General Electric Co.’s plan to retrench from the finance business will further reduce its already diminishing presence in the U.S. money market, which it has leaned on to fund consumer and business loans.

This development from a major issuer of U.S. commercial paper comes at time when tighter regulations have caused money market funds, which own most of the $1 trillion of ultra short-dated debt issued by banks, brokerages and commercial lenders, to cut their holdings.

Apr 9, 2015

U.S. yields rise on jobless data, weak auction

NEW YORK, April 9 (Reuters) – U.S. Treasuries yields rose on
Thursday due to poor demand at a $13 billion auction of 30-year
bonds and a smaller-than-expected rise in weekly jobless claims
that soothed some worries about domestic jobs growth.

Greece making a 450 million euro loan payment to the
International Monetary Fund also reduced earlier safety bids for
U.S. government debt, as it supported the view the cash-strapped
nation will obtain further aid from its lenders.

Apr 9, 2015

U.S. yields rise before 30-year auction

NEW YORK, April 9 (Reuters) – U.S. Treasuries yields rose on
Thursday as investors made room for $13 billion in supply of an
older 30-year bond issue and a smaller-than-expected rise in
weekly jobless claims soothed some worries about domestic labor
conditions softening.

Greece making a 450 million euro loan payment to the
International Monetary Fund also reduced earlier safety bids for
U.S. government debt, supporting the view the cash-strapped
nation will obtain further aid from its lenders.

Apr 7, 2015

José Andrés serves up Peruvian cuisine with Asian accent

NEW YORK (Reuters) – Award-winning chef José Andrés’ China Chilcano restaurant in Washington D.C. showcases Peruvian dishes influenced by Chinese and Japanese immigrants who moved to the South American country in the 19th century.

Andrés, who helped popularize Spanish tapas in America, added another eatery to his 20 restaurants with Beefsteak, which focuses on vegetables.

Apr 7, 2015

World Chefs: José Andrés serves up Peruvian cuisine with Asian accent

NEW YORK, April 7 (Reuters) – Award-winning chef José
Andrés’ China Chilcano restaurant in Washington D.C. showcases
Peruvian dishes influenced by Chinese and Japanese immigrants
who moved to the South American country in the 19th century.

Andrés, who helped popularize Spanish tapas in America,
added another eatery to his 20 restaurants with Beefsteak, which
focuses on vegetables.

Apr 1, 2015

Dollar retreats on weak data as new quarter begins

NEW YORK (Reuters) – The dollar fell on Wednesday at the start of the second quarter as disappointing data on U.S. manufacturing and jobs growth raised bets the Federal Reserve might refrain from raising interest rates until late 2015 at the earliest.

The soft readings reinforced the notion that the recent surge in the greenback has hurt exporters and dragged on the economy, which would worry Fed policymakers.

    • About Richard

      "I am currently part of the U.S. Treasuries group based in New York, which covers the government debt market as well as interest rate derivatives. Previously, I was a specialist in housing and structured finance. Prior to joining the fixed income team, I had written extensively about the U.S. energy industry with focus on market and regulatory issues."
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