Financial news on September 01, 2014

Business and Financial news
Amazon Bets on Content in Deal for Twitch

David Carr The Media Equation column analyzes Amazon's decision to buy Twitch, streaming platform for gamers; notes that purchase is part of Amazon's media ambitions, and Twitch acquisition positions company in complicated media future where traditional television competes with Internet media. Read more..

By DAVID CARR - The New York Times

Covering the Skill Basics at Big Companies

Silvio Denz is founder and chairman of Art & Fragrance, a developer and producer of perfumes. The company also owns the crystal maker Lalique. Read more..

By SONIA KOLESNIKOV-JESSOP - The New York Times

Drone Developers Consider Obstacles That Cannot Be Flown Around

Google's demonstration of Project Wing, drone delivery system, shows that tech industry's enthusiasm for drones continues undimmed, but plenty of issues with delivery-by-drone services have yet to be resolved. Read more..

By CONOR DOUGHERTY - The New York Times

Hal Finney, Cryptographer and Bitcoin Pioneer, Dies at 58

Hal Finney, cryptographer and one of the earliest users and developers of the virtual currency Bitcoin, dies at age 58. Read more..

By NATHANIEL POPPER - The New York Times

Heineken to Sell Mexican Packaging Unit to Crown Holdings

The deal values the container unit Empaque at about $1.2 billion and would make Crown Holdings the second-largest beverage can producer in North America. Read more..

By CHAD BRAY - The New York Times

Irish Panel to Pick a Regulator With Global Reach in Overseeing Data Privacy

Irish government committee is set to pick country's new data privacy regulator, who will have large say in how Internet giants including Facebook and Apple use online information from roughly billion users; regulator has power to police any company in Ireland, and many of world's largest technology companies have moved their headquarters there in the last two decades. Read more..

By MARK SCOTT - The New York Times

School Daze

We’re preparing to transition to fall in the September 2014 Times Premier Puzzle Pack. Read more..

By DEB AMLEN - The New York Times

Seeing Just One Way for Greece to Go: Up

Greek Finance Minister Gikas Hardouvelis expresses his optimism about country's economic future; is the first finance minister since onset of country's four-year economic crisis to assume his role in face of predictions that things will get better rather than worse. Read more..

By NIKI KITSANTONIS - The New York Times

The Hot Pursuit of Kale and Its Trendy Friends, and Rumors of Shortages

Concerns have arisen about shortage of almonds, production of which has suffered due to drought in California as well as colony collapse disorder among bees that pollinate almond trees; other crops that have high demand but low supply are so-called ancient grains like quinoa, although warnings about shortage of kale was vastly overblown. Read more..

By STEPHANIE STROM - The New York Times

Exchange Rates of September 01, 2014
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 104.320 JPY1 JPY = 0.010 USD
US DollarCanadian Dollar1 USD = 1.088 CAD1 CAD = 0.919 USD
US DollarSwiss Franc1 USD = 0.920 CHF1 CHF = 1.087 USD
US DollarChinese Yuan1 USD = 6.142 CNY1 CNY = 0.163 USD
EuroJapanese Yen1 EUR = 136.950 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.790 GBP1 GBP = 1.265 EUR
EuroAustralian Dollar1 EUR = 1.407 AUD1 AUD = 0.711 EUR
EuroCanadian Dollar1 EUR = 1.427 CAD1 CAD = 0.701 EUR
EuroSwiss Franc1 EUR = 1.207 CHF1 CHF = 0.829 EUR
EuroChinese Yuan1 EUR = 8.062 CNY1 CNY = 0.124 EUR
Japanese YenPound Sterling1 JPY = 0.577 GBP1 GBP = 1.734 JPY
Japanese YenAustralian Dollar1 JPY = 1.026 AUD1 AUD = 0.974 JPY
Japanese YenCanadian Dollar1 JPY = 1.042 CAD1 CAD = 0.960 JPY
Japanese YenSwiss Franc1 JPY = 0.881 CHF1 CHF = 1.135 JPY
Pound SterlingAustralian Dollar1 GBP = 1.779 AUD1 AUD = 0.562 GBP
Pound SterlingCanadian Dollar1 GBP = 1.806 CAD1 CAD = 0.554 GBP
Pound SterlingSwiss Franc1 GBP = 1.527 CHF1 CHF = 0.655 GBP
Pound SterlingChinese Yuan1 GBP = 10.200 CNY1 CNY = 0.098 GBP
Australian DollarCanadian Dollar1 AUD = 1.015 CAD1 CAD = 0.985 AUD
Australian DollarSwiss Franc1 AUD = 0.858 CHF1 CHF = 1.165 AUD
Australian DollarChinese Yuan1 AUD = 5.732 CNY1 CNY = 0.174 AUD
Canadian DollarSwiss Franc1 CAD = 0.845 CHF1 CHF = 1.183 CAD
Canadian DollarChinese Yuan1 CAD = 5.646 CNY1 CNY = 0.177 CAD
Swiss FrancChinese Yuan1 CHF = 6.678 CNY1 CNY = 0.150 CHF

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