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| Commodities Snap Best Winning Streak Since 1980 on European Debt, China Bloomberg By Chanyaporn Chanjaroen - Tue May 31 08:57:15 GMT 2011 Commodities headed for the worst month in a year, snapping the longest winning streak since 1980, as accelerating inflation in China and a sovereign-debt crisis in Europe fanned concern the ... See all stories on this topic » | ||
| Economy gains, yet housing spirals downward Boston Globe By David Streitfeld SAN FRANCISCO — The desire to own your own home, long a bedrock of the American Dream, is fast becoming a casualty of the worst housing downturn since the Great Depression. Even as the economy began to fitfully recover in the last ... See all stories on this topic » | ||
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| Fitch: Greece Ability To Deliver Targets Increasingly Doubtful IMarketnews.com LONDON (MNI) - Ratings Agency Fitch has said that signs that Greece was struggling to meet its fiscal targets and the increasing likelihood that Athens will need more EU/IMF money to meet funding shortfalls were key factors behind the its downgrade of ... See all stories on this topic » | ||
| Goldman Gave Libya Chance To Be Big Shareholder TheStreet.com By Joseph Woelfel 05/31/11 - 04:37 AM EDT NEW YORK (TheStreet) -- Goldman Sachs(GS) was given $1.3 billion by Libya's sovereign-wealth fund in early 2008 to make currency bets and other trades. But when the investments lost 98% of their value, Goldman, ... See all stories on this topic » | ||
| Eurozone inflation eases to 2.7 percent The Associated Press FRANKFURT, Germany (AP) — Inflation eased to an annual rate of 2.7 percent in May for the 17 countries that use the euro, surprising markets and taking some pressure off the European Central Bank to keep raising interest rates. ... See all stories on this topic » | ||
| Moody's Puts Japan Debt on Review Wall Street Journal By WILLIAM SPOSATO Moody's Investors Service is placing Japan's sovereign debt rating on review for a potential downgrade as a raft of economic indicators exposes the fragility of Asia's second-biggest economy. WSJ's Yumiko Ono and William Sposato ... See all stories on this topic » | ||
| Japan recovery takes hold, but debt downgrade looms Reuters By Stanley White and Linda Sieg TOKYO, May 31 (Reuters) - Japan's economy offered more signs of recovery from the deadly March earthquake on Tuesday, but Moody's ratings agency warned both growth and government action may fall short of what is ... See all stories on this topic » | ||
| Greek Bond Spreads Tighten Sharply Wall Street Journal By NICK CAWLEY And NEELABH CHATURVEDI LONDON—Greek bond spreads against German bunds tightened sharply Tuesday after a report in the Wall Street Journal said that Germany is considering dropping its push for a rescheduling of Greek debt in order to ... See all stories on this topic » | ||
| SKorea's Ticket Monster acquires Malaysian site Danbury News Times SEOUL, South Korea (AP) â€" Fast-growing South Korean daily deal website Ticket Monster has acquired a Malaysian company in the first move of its expansion to other countries in Asia. Ticket Monster works with merchants to sell consumers coupons that ... See all stories on this topic » | ||
| China Yuan Hits Fresh Record High Late; Traders See More Gains Ahead Wall Street Journal SHANGHAI (Dow Jones)--China's yuan rose to a fresh record high against the US dollar late Tuesday after the central bank guided the yuan higher using its reference exchange rate in response to a globally weak dollar. The yuan broke a psychological ... See all stories on this topic » | ||
| Seagate, Western Digital Merger Deals Face EC Probe PCWorld By Agam Shah, IDG News Moves by Seagate and Western Digital to acquire hard-drive companies are being probed by European regulators because of "competition concerns", the European Commission said on Monday. The proposed acquisitions will "further ... See all stories on this topic » | ||
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| Indian growth slows for fifth quarter Financial Times India's economic growth slowed for the fifth consecutive quarter as rising interest rates and paralysis in the scandal-plagued government curbed company investment. The economy grew more slowly than expected – 7.8 per cent in the fourth quarter of the ... See all stories on this topic » | ||
| Airbnb booking a $100+ million round? VatorNews Valued at over a billion dollars by Andreessen and DST: person-to-person travel accommodations site? Airbnb, which enables people to provide accommodations to travelers, is currently closing a funding round of at least $100 million at a $1 billion ... See all stories on this topic » | ||
| Merged South American bourses off to slow start Reuters By Felipe Iturrieta and Anthony Boadle SANTIAGO/BOGOTA (Reuters) - The stock markets of Chile, Peru and Colombia merged on Monday to become Latin America's second-largest exchange, but trading was limited and faces tax hurdles coupled with political ... See all stories on this topic » | ||
| LinkedIn Opens Asia-Pacific Headquarters in Singapore Wall Street Journal By CHUN HAN WONG SINGAPORE—LinkedIn Corp. has established its Asia-Pacific headquarters in Singapore and plans to set up a Japan office later this year, as the company seeks to grow its regional footprint. The headquarters will serve as a gateway for ... See all stories on this topic » | ||
| Now more than ever, Fond du Lac area nonprofits need donations Fond du Lac Reporter Joyce Keyes, a volunteer at Fond du Lac Red Cross, shows care packages delivered to survivors from natural disasters and residential fires. Keyes recently returned from volunteering in the tornado-ravaged South. The American Red Cross, ... See all stories on this topic » | ||
| Alstom, Hermes, LVMH, Renault, Schneider: French Equity Preview Bloomberg By Alan Katz - Tue May 31 06:03:38 GMT 2011 The following is a list of companies whose stocks may have unusual changes in Paris. Symbols are in parentheses after company names and prices are from the last close. France's CAC 40 Index (CAC) fell 8.45 ... See all stories on this topic » | ||
| Forex - EUR/CHF up in Asian trading hours Benzinga By Forexpros.com The pair was likely to find support at 1.2104, Friday's low, and resistance at 1.2360, Thursday's high. Meanwhile, the Euro was up against the US Dollar and the Japanese Yen, with EUR/USD gaining 0.71% to hit 1.4383 and EUR/JPY rising ... See all stories on this topic » | ||
| India Stocks Gain Before Growth Report; Set For Monthly Drop Bloomberg By Shikhar Balwani - Tue May 31 05:26:19 GMT 2011 Indian stocks advanced ahead of a government report that's expected to show economic growth exceeded 8 percent in the three months ended March 31, paring the benchmark index's biggest monthly loss since ... See all stories on this topic » | ||
| Payback, sort of Worcester Telegram Chrysler Group LLC last week announced that it had paid back the US and Canadian governments $7.6 billion in loans that saved the company from bankruptcy two years ago. President Obama called the action a "significant milestone" in the company's ... See all stories on this topic » | ||
| VW Bids To Tighten Grip On MAN Despite Compliance Woes Wall Street Journal By Christoph Rauwald Of DOW JONES NEWSWIRES FRANKFURT (Dow Jones)--Volkswagen AG (DAI.XE) Tuesday confirmed the terms of its mandatory bid for MAN SE (MAN.XE) as it seeks to tighten its grip on the German truck maker and foster cooperation with its ... See all stories on this topic » | ||
| Fortis Buys $470M US Electric Utility Emii.com Fortis is acquiring Central Vermont Public Service (CVPSC) in a deal worth $470 million, The Wall Street Journal reports. Fortis will pay $35.10 per share in cash for each share of the biggest electric utility in Vermont. The deal, which is worth $700 ... See all stories on this topic » | ||
| Suspicious house fires investigated in Troup Co. WXIA-TV Troup County sheriff's deputies are investigating five predawn house fires in the Mountville area north of LaGrange. (Photo by: Jerry Carnes, 11Alive News) Joey McCartney looks over the devastation after an arsonist destroys his home. LAGRANGE, Ga. ... See all stories on this topic » | ||
| Carney Different From Central Bank Peers With Listing Loonie BusinessWeek By Chris Fournier and Allison Bennett May 31 (Bloomberg) -- Canada's currency is poised to weaken as investors bet Bank of Canada Governor Mark Carney will keep interest rates low to protect the economy instead of fighting inflation by raising interest ... See all stories on this topic » | ||
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| Australia Slump Could Be Biggest in 20 Years Wall Street Journal By JAMES GLYNN SYDNEY—Australia's economy may have suffered its biggest economic contraction in 20 years in the first quarter of 2011, data are indicating, as a string of natural disasters savaged exports in crucial industries such as coal. ... See all stories on this topic » | ||
| Poland economy grows 4.4 percent in first quarter Boston Globe WARSAW, Poland—Polish government data show that the economy grew 4.4 percent in the first quarter of this year over the same period in the previous year. The GDP figure released Tuesday was in line with economists' expectations and marked only a small ... See all stories on this topic » | ||
| AT&T's Critics on Deal Growing Wall Street Journal By SHAYNDI RAICE and THOMAS CATAN Opposition is steadily growing to AT&T Inc.'s proposed $39 billion takeover of T-Mobile USA, as competitors, state regulators and elected officials have come out in recent days expressing concerns about the acquisition ... See all stories on this topic » |
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