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Senin, 02 Januari 2012

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European Stock-Index Futures Drop; Porsche, Rio Tinto May Move
Bloomberg
European (SXXP) stocks gained on the first trading day this year, following the Stoxx Europe 600 Index's first annual loss since 2008, as gauges of carmakers and chemical producers advanced. Asian shares fell. Siemens AG increased 1.2 percent for the ...
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Teva Says Jeremy Levin Named to Succeed Shlomo Yanai as CEO
BusinessWeek
By Naomi Kresge Jan. 2 (Bloomberg) -- Teva Pharmaceutical Industries Ltd. named Jeremy Levin of Bristol-Myers Squibb Co. to replace Shlomo Yanai as chief executive officer as the world's biggest generic- drug maker seeks to diversify its portfolio of ...
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South Korea Manufacturing Falls
Wall Street Journal
By SE YOUNG LEE SEOUL—South Korea's manufacturers ratcheted back sharply on production in December, the HSBC Purchasing Managers' Index showed on Monday, the latest evidence of a slowdown in the nation's primary economic engine as the government ...
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Asian Shares End Mixed; Korea Shares Inch Up As Taiwan Drops
Wall Street Journal
By V. Phani Kumar in Hong Kong HONG KONG (MarketWatch) - South Korean shares ended with fractional gains after a choppy first trading session of 2012, as data showing a stronger-than-expected growth in December exports supported the market despite a ...
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Spain public deficit may even top 8 pct-econ min
Reuters
* Econ minister sees recession this quarter * Govt planning aggressive reform agenda By Paul Day MADRID, Jan 2 (Reuters) - Spain's public deficit for 2011 may be even higher than the above-target 8 percent of gross domestic product forecast by the new ...
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Bank Leumi CEO Maor to step down
MarketWatch
By Robert Daniel TEL AVIV (MarketWatch) -- Bank Leumi le'Israel BM, /quotes/zigman/191445 BLMIF -2.08% /quotes/zigman/191444 IL:LUMI -0.36% Israel's largest bank by assets, said that Chief Executive Galia Maor would step down sometime in the second ...
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Hyundai Heavy warns of 'very difficult' 2012
MarketWatch
By MarketWatch By Kyong-Ae Choi and Min Jeong Lee SEOUL -(MarketWatch)- Hyundai Heavy Industries Co. , the world's largest shipbuilder by order value, is targeting $30.6 billion in orders and sales of KRW27.6 trillion ($23.85 billion) in 2012, ...
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Hyundai, Kia Target Sales of 7 Million Vehicles in 2012
BusinessWeek
By Rose Kim Jan. 2 (Bloomberg) -- Hyundai Motor Co. and affiliate Kia Motors Corp., South Korea's two largest automakers, aim to increase global sales by 6.1 percent this year by improving quality and investing in research and development. ...
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Exxon wins $908m from Venezuela in oil dispute
BBC News
Oil giant Exxon Mobil has won $908m (£586m) from an arbitration panel after the nationalisation of its Venezuelan oil project in 2007. However, this is less than 10% of what the oil giant had reportedly sought. The International Chamber of Commerce ...
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BBC News
European shares inch higher after dismal year
Reuters
| LONDON Jan 2 (Reuters) - European shares edged higher on Monday after making their biggest annual fall since 2008, with trading light due to British markets being shut for a bank holiday and defensive safe haven stocks the main performers on the ...
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Striking Freeport workers delay their return to work
BBC News
Workers at the Freeport-McMoran copper and gold mine in Indonesia have delayed their return to work after a three-month strike. The delay occurred amid claims that 500 striking employees working for Freeport's contractors had been threatened with ...
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Guide: Coal country has tourism potential in W.Va.
Cecil Whig
ASSOCIATED PRESS PHOTODoug Estepp, left, talks about the assassination of Matewan Chief of Police Sid Hatfield and his friend Ed Chamber in front of the McDowell County Courthouse during a Coal Country tour in Welch, W. Va. ...
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India to allow individual foreign investors access to its stock market
Chicago Tribune
NEW DELHI (AP) — India will allow individual foreign nationals to invest directly in its stock market in a bid to attract more funds and reduce market volatility. The announcement late Sunday follows a year of large losses on the Sensex, ...
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Noble Energy finds 5-8 tcf of gas offshore Cyprus
Oil & Gas Journal
By Eric Watkins The government of Cyprus said Noble Energy Inc. made a natural gas discovery offshore Cyprus on Block 12 with the Cyprus A-1 well, which encountered 310 ft of net gas pay. Initial data emerging from exploratory drilling and evaluation ...
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Gas Prices For The Week of January 1st
WSAV-TV
Motorists will start the New Year paying a national average of $3.27 a gallon for gasoline—nearly 20 cents more than they did on January 1, 2011. Retail gas prices increased throughout last week as tensions with Iran escalated and the country ...
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After Three Decades, Tax Credit for Ethanol Expires
New York Times
WASHINGTON — A federal tax credit for ethanol expired on Saturday, ending an era in which the federal government provided more than $20 billion in subsidies for use of the product. The tax break, created more than 30 years ago, had long seemed ...
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New York Times
As Ford plant waned, many workers slow to prepare
KTTC
ST. PAUL, Minn. (AP) -- Ford announced it would close its St. Paul assembly plant in 2006, but when the fateful day arrived last month, many of the 800 workers there still didn't have a plan for their next job. The state has offered help for workers to ...
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An Ad Blocker Opens the Gate, Ever So Slightly
New York Times
ADBLOCK PLUS became the most popular piece of "add-on" software for the Firefox Web browser, in part, because it had a simple mission: see online ad, block online ad. The name said it all — and each day 10 million people or so surf the Internet with ...
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US is top 2012 property investment pick
Reuters
By Ilaina Jonas | NEW YORK (Reuters) - The United States will remain the top choice of most global commercial real estate investors in 2012, but the country has lost ground to Brazil which ranked No. 2 this year, according to a survey released Sunday. ...
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Global economy week ahead: US consumer in slow lane
ABS CBN News
It's up to the consumer to drive the US economy and lift world growth in 2012, and the outlook is far from encouraging. Over the past three and half years, growth in US consumer spending has averaged a paltry 0.2 percent adjusted for inflation, ...
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Crisis talk, austerity calls mark euro anniversary
Reuters
By Alexandra Hudson | BERLIN (Reuters) - Policymakers marked the 10th anniversary on Sunday of the introduction of euro notes and coins by urging governments in the currency bloc to save and consolidate to overcome their debt crisis. ...
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Washington is first state with $9 minimum wage
MarketWatch
By MarketWatch TEL AVIV (MarketWatch) – Washington on Sunday became the first state to mandate a $9-an-hour minimum wage, weekend media reports say. An avalanche of new laws take effect, including a ban on minors from tanning indoors and making it ...
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Utility may cut off power to solar plant
Daily Mail - Charleston (blog)
Idaho Power plans to cut off electricity on Tuesday to plant in Pocatello, Idaho, that makes material for solar energy, because the factory owes $1.9 million in unpaid utility bills. The dispute is with Honolulu-based Hoku Scientific, Inc., ...
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US ethylene producers plan shutdowns for Q1-2012
plastemart.com
Ethylene prices in USA have closed the last week of 2011 on a higher note amid shutdowns planned in the region in Q1-2012, and higher upstream costs as oil prices hover around US$100/barrel, as per ChemOrbis. In the closing week of 2011, spot ethylene ...
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Parent of Peoples Bank raises dividend
CanadianBusiness.com
By AP | January 02, 2012 BILOXI, Miss. (AP) — The board of directors of Peoples Financial Corp. has declared a semiannual dividend of 10 cents per common share. The company, which is the parent of Peoples Bank, said the dividend is an 11.1 percent ...
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Swiss Preparing for 'Mild Recession,' President Tells Sonntag
Bloomberg
Switzerland is making plans to "stabilize" the nation's economy if there is a recession this year, Der Sonntag said, citing an interview with Finance Minister Eveline Widmer-Schlumpf. "We're operating on the presumption that we could move into a mild ...
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Delaware Commissioner OKs Blues-Highmark Affiliation
Insurance News Net (press release)
Delaware Insurance Commissioner Karen Weldin Stewart has approved the proposed affiliation of Blue Cross Blue Shield of Delaware with Highmark Inc. There is a catch, though -- 49 of them. Stewart imposed 49 conditions on the transaction, ...
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Verizon scraps $2 fee plan
ITworld.com
By John P. Mello Jr., PC World | Networking, Verizon 4 comments January 01, 2012, 8:51 PM — Less than a day after announcing plans to charge customers a $2 convenience fee for every online transaction, Verizon Wireless has announced that it will back ...
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