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Senin, 23 Mei 2011

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News30 new results for Business
 
Oil falls more than $2 on dollar at 2-month high
Reuters
An employee holds a gas pump to refill a car at a petrol station in central Seoul April 6, 2011. By Ikuko Kurahone LONDON (Reuters) - Crude oil futures slipped more than $2 on Monday as the dollar surged to a two-month high versus euro due to debt ...
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Reuters
Greek, Italian, Spanish Bonds Fall on Europe Sovereign Crisis; Bunds Rally
Bloomberg
By Garth Theunissen and Keith Jenkins - Mon May 23 08:24:57 GMT 2011 Italian and Greek bonds led declines amongst indebted euro-area nations while German bunds rallied as concern Europe's sovereign-debt crisis may be spreading curbed demand for the ...
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Sony Expects Big Net Loss
Wall Street Journal
By JURO OSAWA TOKYO—After gauging the damage that the devastating March 11 earthquake and tsunami had on its operations, Sony Corp. said Monday that it expects to post a massive net loss for the just-ended fiscal year. Sony will report its earnings ...
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Euro-Zone Growth Slows to 7-Month Low
Wall Street Journal
By NICHOLAS WINNING LONDON—Growth in the euro zone's private sector eased more than expected to its weakest pace in seven months in May, led by a sharp slowdown in manufacturing, the preliminary results of a survey by financial-information firm Markit ...
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HK Shares End Lower On Decline In China Shares; Milan Station Jumps
Wall Street Journal
HONG KONG (Dow Jones)--A spectacular stock market debut by retailer Milan Station wasn't enough to buoy Hong Kong shares Monday, which fell after manufacturing data from China indicated the world's second-largest economy is slowing. ...
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CEO Calls for Marshall Plan for Greece
CNBC.com
The CEO of Europe's largest insurer by gross premiums and market capitalization has called for more aid for Greece and a plan to help the country's growth, according to German media reports. "Greece cannot be rescued by debt restructuring. ...
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Hon Hai Says All Polishing Facilities In China Closed After Blast, Shares Fall
Wall Street Journal
By Aries Poon TAIPEI (Dow Jones)--Hon Hai Precision Industry Co. (2317.TW), the world's largest contract electronics maker by revenue, said Monday all of its workshops that handle polishing for electronic products in China are closed following a blast ...
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Toyota, Salesforce.com Build Social Network
TheStreet.com
By Joseph Woelfel 05/23/11 - 04:14 AM EDT TOKYO (TheStreet) -- Toyota(TM) said Monday it was forming a private social network with Salesforce.com (CRM) for Toyota's customers and their cars. "Toyota Friend" will be powered by Salesforce Chatter, ...
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Commerzbank Shares Drop After Capital Increase
Wall Street Journal
By KLAUS BRUNE FRANKFURT—Shares in Germany's Commerzbank AG opened sharply lower Monday after the bank set conditions for the second step of its capital increase, but the shares later pared their losses as analysts said the decline was exaggerated by ...
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China's Yuan Snaps Four-Day Rally as Greek Debt Crisis Worsens
Bloomberg
By Lilian Karunungan - Mon May 23 09:13:57 GMT 2011 China's yuan weakened, snapping a four-day rally, as Greece's worsening debt crisis prompted investors to favor safe-haven assets such as the dollar. Yuan forwards fell by the most in a week as the ...
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Project Merlin Lending Falls Short of Target
Wall Street Journal
By JASON DOUGLAS LONDON—Five of the UK's biggest banks agreed to lend UK businesses £47.3 billion ($76.86 billion) in the first quarter of 2011, according to Bank of England figures published Monday. The Bank of England said the five banks provided ...
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Jimmy Choo shoe maker is bought
BBC News
UK shoe maker and retailer Jimmy Choo has been bought from TowerBrook Capital Partners by luxury goods group Labelux. The size of the deal, which should be completed in June, has not been disclosed. Jimmy Choo was founded in 1996 in London by current ...
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BBC News
China Shares End Sharply Lower On Weak Manufacturing Data, Inflation Concerns
Wall Street Journal
SHANGHAI (Dow Jones)--China's shares ended sharply lower Monday in a broad sell-off after the latest manufacturing data suggested a slowing economy, while concerns over unabated inflationary pressures remain widespread. The benchmark Shanghai Composite ...
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British Land Posts Increase In Profit, Net Asset Value
Wall Street Journal
By Michael Haddon LONDON (Dow Jones)--The UK's second largest real-estate investment trust British Land Co PLC (BLND.LN) Monday posted a 3% rise in underlying pretax profit and said its net asset value had increased by 13%, adding that the company ...
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Mexican contests Lagarde for IMF
BBC News
Mexico's finance ministry has said it will nominate the country's central bank boss, Agustin Carstens, to head the International Monetary Fund (IMF). France's finance minister, Christine Lagarde, is favourite to take the job. However, Mr Carstens may ...
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BBC News
Aussie dollar falls out of favour
Sydney Morning Herald
The best-performing currencies of 2011 are falling out of favour, including the Australian dollar, as the US Federal Reserve plans its exit from record monetary stimulus just as the global economy shows signs of slowing, buffeting commodities and ...
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Gas prices to drop slowly this summer
KXRM
According to AAA, the national average was $3.85 per gallon Sunday, about 10 cents less than the week before. Yet prices at the pump are still at least one dollar more per gallon than the same time last year. High gas prices have a history of ...
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Bayer unveils a faster-acting aspirin
Boston Globe
AP / May 23, 2011 TRENTON, NJ — Bayer AG is looking for a speedy remedy for stagnant aspirin sales. The company is introducing a reformulated aspirin today that works in half the time of its regular aspirin. Bayer says it needed to revitalize the brand ...
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Boston Globe
Ryanair Drops as Rising Fuel Bill Forces Seating Cut
Bloomberg
By Steve Rothwell - Mon May 23 07:23:53 GMT 2011 May 23 (Bloomberg) -- Michael O'Leary, chief executive officer of Ryanair Holdings Plc, discusses the outlook for full-year results. He talks with Francine Lacqua on Bloomberg Television's "Countdown. ...
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Thailand Economic Growth Accelerates, Maintaining Pressure for Rate Rises
Bloomberg
By Suttinee Yuvejwattana and Supunnabul Suwannakij - Mon May 23 04:06:54 GMT 2011 A shopper examines a handbag inside a department store at a shopping center in Bangkok. Photographer: Dario Pignatelli/Bloomberg Abhisit Vejjajiva, Thailand's prime ...
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Spyker investor to enter talks with authorities
MarketWatch
By Anna Marij AMSTERDAM (MarketWatch) -- Saab Automobile owner Spyker Cars NV (SPYKR.AE) Monday said its Chinese fund provider Pang Da Automobile Trade Co. Ltd. (601258.SH) has entered into discussions with the Chinese authorities to get regulatory ...
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Cash Crunch May Lead To Ticket Tax
BengalsInsider.com (subscription)
By BengalsInsider.com One Hamilton County commissioner says it is unfair to have taxpayers defray costs for Cincinnati's multibillion-dollar professional sports business, including Mike Brown's Bengals. Another commissioner says a new tax plan could ...
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BengalsInsider.com (subscription)
Australian Dollar Down Late On China PMI, Europe Worries
Wall Street Journal
SYDNEY (Dow Jones)--The Australian dollar plummeted in Asian trade Monday, damped by sweeping concern about ongoing debt issues in Europe and a weak reading of China's manufacturing industry. Australian bonds were lifted by the developments, ...
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As Lenders Hold Homes in Foreclosure, Sales Are Hurt
New York Times
Jayson Meyerovitz, a broker in the Phoenix area, is concerned about bank-owned foreclosures: "If so many houses hit the market, what is going to happen then?" By ERIC DASH EL MIRAGE, Ariz. — The nation's biggest banks and mortgage lenders have steadily ...
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New York Times
Mizuho Financial head to step down after ATM problem
Reuters
TOKYO, May 23 (Reuters) - Mizuho Financial Group said on Monday its president, Takashi Tsukamoto, would step down and be replaced by its corporate banking chief as Japan's second-largest bank grapples with persistent system troubles, ...
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Police: Teens involved in Detroit riverfront shooting
Detroit Free Press
They say there are nine planets in the solar system. But that is not true. There is a 10th.- 1:09 am TODAY'S SUBJECT: Detroit-based Lakeshore Engineering Services helps Detroit by participating in the... Friends used to be those you bond with. ...
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UK lawmakers criticize Kraft's Cadbury deal
Economic Times
LONDON : British lawmakers said Monday they still have ``significant concerns'' about the takeover of chocolate maker Cadbury by Kraft Foods Inc. more than a year after the controversial deal. The Business, Innovation and Skills Select Committee also ...
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Evoque Live Lady
Land Rover Owner International Magazine
Vanessa Minnillo was chosen to host the Range Rover brand's latest launch event for the Evoque Live in New York City on Saturday May 21. The global interactive music event was held as part of the Pulse of the City Campaign to launch the all-new 2012 ...
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Land Rover Owner International Magazine
Washington area bankruptcy filings
Washington Post
Under Chapter 11 of the federal bankruptcy code, a company is protected from claims by creditors while it attempts to reorganize its finances under a plan approved by the court. In a Chapter 7 liquidation, a court trustee sells assets to pay creditors' ...
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Yandex Offers Shares at Twice Google Valuations on Surging Ads in Russia
Bloomberg
By Maria Levitov - Mon May 23 08:13:48 GMT 2011 Yandex NV, the owner of Russia's most popular Internet search engine, is offering shares at about twice the price of Google Inc. relative to earnings. The Moscow-based company, which has almost triple ...
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