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| Global Airline Group Cuts 2011 Profit Forecast New York Times By REUTERS SINGAPORE — Global airlines cut their 2011 profit forecast by more than half to $4 billion on Monday as high oil prices and turmoil in Japan, North Africa and the Middle East weigh on the industry's recovery. The International Air Transport ... See all stories on this topic » | ||
| Asian Shares End Lower; Tepco Down In Tokyo On Delisting Fears Wall Street Journal SINGAPORE (Dow Jones)--Asian share markets ended down Monday, pressured by last week's disappointing US economic data, while Tokyo Electric Power Co. shares plunged after a report that the firm is facing a massive fiscal-year loss. ... See all stories on this topic » | ||
| GLOBAL MARKETS-Amid debt crisis and slowdown, euro may still rise Reuters * Will central banks come to the rescue of global economy? (Recasts, updates prices, adds TEPCO) By Kevin Plumberg SINGAPORE, June 6 (Reuters) - The euro hit a one-month high on Monday, heading toward $1.50 ahead of a European Central Bank policy ... See all stories on this topic » | ||
| Prada HK listing to raise up to $2.6bn Financial Times By Robert Cookson in Hong Kong Prada has set a price range for an up to $2.6bn Hong Kong initial public offering that would value the group at a premium to rival fashion houses listed on European bourses. The Italian group started meeting Asian ... See all stories on this topic » | ||
| Total's De Margerie Says No Shortage of Crude Oil Globally Bloomberg By Ann Koh - Mon Jun 06 08:54:20 GMT 2011 Total SA (FP)'s Chief Executive Officer Christophe de Margerie said there's "no shortage" of oil in the market as OPEC remains prepared to supply crude. "It is important that OPEC maintains its commitment to ... See all stories on this topic » | ||
| Statoil to Sell Pipeline Stake for $3.2 Billion New York Times By CHRIS V. NICHOLSON Statoil, the Norwegian oil and gas giant, said Monday that it would sell a 24.1 percent stake in the joint pipeline venture Gassled, for 17.35 billion Norwegian kroner, or $3.2 billion dollars. The deal is part of "further ... See all stories on this topic » | ||
| Plosser Advocates Plan for Ending Fed Stimulus to Avoid Market Confusion Bloomberg By Joshua Zumbrun - Mon Jun 06 07:30:00 GMT 2011 Federal Reserve Bank of Philadelphia president and chief executive officer Charles Plosser. Photographer: Michael Nagle/Bloomberg June 3 (Bloomberg) -- Bill Gross, manager of the world's biggest bond ... See all stories on this topic » | ||
| JPMorgan Executives Todd Maclin, Heidi Miller Said to Plan Leaving Posts Bloomberg By Dawn Kopecki - Mon Jun 06 06:27:39 GMT 2011 JPMorgan Chase & Co. commercial-banking chief Todd Maclin and international operations head Heidi Miller are likely to step down from their posts within months, according to a person close to the bank. ... See all stories on this topic » | ||
| TransCanada Restarts Keystone Pipeline Wall Street Journal By BEN LEFEBVRE HOUSTON—TransCanada Corp. successfully restarted its Keystone pipeline Sunday after US government officials reversed their Friday decision barring the company from reopening the line. The 1300-mile Keystone pipeline, which transports ... See all stories on this topic » | ||
| Schumer Attacks Black Market Drug Website FOX 40 News WICZ TV Senator Charles Schumer asked the DEA and the Department of Justice on Sunday to launch an immediate crackdown on the underground website "Silk Road." The website allows users to buy and sell illegal drugs and have them delivered right to their ... See all stories on this topic » | ||
| Goldman Plans to Fight Report on Mortgage Bets Wall Street Journal Goldman Sachs Group Inc. plans to accuse the US Senate Permanent Subcommittee on Investigations of drastically overstating Goldman's bets against the housing market in 2007, according to people familiar with the situation, in an attempt to counter a ... See all stories on this topic » | ||
| Tesla Model S 'Alpha' Build Mega-Gallery Motor Authority The Tesla Model S electric sedan is on track for a market debut in the middle of next year, although the production version of the car is scheduled to be revealed at the end of this year. We say production version as we've already seen a number of ... See all stories on this topic » | ||
| Initializing IPO's Fast Company BY FC Expert Blogger Shawn Baldwin Sun Jun 5, 2011 This blog is written by a member of our expert blogging community and expresses that expert's views alone. After a long hiatus the recently revitalized IPO (Initial Public Offering) market seems to ... See all stories on this topic » | ||
| NFC is more than just mobile money VentureBeat [This post by Rachel Youens of mobile app consultancy and developer Mutual Mobile, was originally published at mutualmobile.com and is republished here with permission.] Once upon a time, a phone was just a phone. Then it became our camera, radio, ... See all stories on this topic » | ||
| Daimler, Rolls-Royce clinch control of Tognum Reuters FRANKFURT (Reuters) - Daimler and Rolls-Royce have secured a 60 percent stake in engine maker Tognum with a sweetened takeover bid, expanding their footprint in the growing industrial diesel engine sector. Last month Daimler and Rolls were forced to ... See all stories on this topic » | ||
| Russia exporting wheat and weather AG Week Wheat started the short trading week lower and extended session losses. Early selling was tied to weekend reports from Russia stating its intent to lift the export ban on wheat. The news pushed wheat lower and into sell stops, which only accelerated ... See all stories on this topic » | ||
| Aegis Confirms Talks With Ipsos On Possible Synovate Sale Wall Street Journal By Margot Patrick LONDON (Dow Jones)--UK-based advertising and marketing firm Aegis Group PLC (AGS.LN) Monday confirmed it is in discussions with Ipsos (IPS.FR) about a potential sale of its Synovate market research unit, after a weekend press report ... See all stories on this topic » | ||
| Prospect of 2nd Greek Bailout Worries Economists New York Times By LIZ ALDERMAN VENICE — As European leaders move toward a second bailout for Greece, some economists are warning that a new rescue would merely kick the country's problems further down the road and might not avert a default that could strain Europe's ... See all stories on this topic » | ||
| News of the Day From Across the Nation San Francisco Chronicle 1 Buffett lunch: The annual online auction for lunch with Warren Buffett, Berkshire Hathaway's billionaire chairman, started Sunday and runs through Friday evening. The auction benefits the Glide Foundation, which provides social services to the poor ... See all stories on this topic » | ||
| Gas prices are falling again WXXA The average cost of a regular gallon of gas is $3.87 right now, down a nickel from this time last week. Prices have been steadily falling over the past month. Just a few weeks ago, the local average was at $4.09. Nationally, prices are continuing to ... See all stories on this topic » | ||
| Ramp opening latest improvement to I-95 in Conn San Antonio Express NEW HAVEN, Conn. (AP) â€" The state Department of Transportation has opened another piece of the construction project designed to make driving on Interstate 95 through New Haven much easier. A new flyover ramp connecting I-95 northbound to Route 34 ... See all stories on this topic » | ||
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| Vermont insulated from housing double dip WCAX Realtors in our region say the housing market here is fairing better than other parts of the country. Sunday was the final day of National Open House weekend, an event where realtors around the US open properties to first time buyers and the general ... See all stories on this topic » | ||
| State, local layoffs to hit record levels CNN By Tami Luhby @CNNMoney June 5, 2011: 8:58 PM ET State and local government job losses are expected to soar this summer as teachers are laid off. NEW YORK (CNNMoney) -- Don't look to state and local governments to prop up the job market. ... See all stories on this topic » | ||
| Strange portents in the storage world Register By Chris Mellor • Get more from this author Big changes are afoot in the storage world, with IDC's storage tracker showing NetApp outgrowing everybody, Dell fading and HDS coming on strong. EMC is still top dog but HP and IBM are faltering. ... See all stories on this topic » | ||
| Tullow Says Ugandan Wells Found Oil In Line With Pre-Drilling Expectations Bloomberg By Kari Lundgren - Mon Jun 06 06:52:34 GMT 2011 Tullow Oil Plc (TLW), the UK-based operator of Ghana's Jubilee field, said it found oil in line with pre-drill expectations at sites off the coast of Ghana and onshore in Uganda. ... See all stories on this topic » | ||
| Fire Damages Revlon Facility In Venezuela Wall Street Journal CARACAS (Dow Jones)-- A fire Sunday destroyed a "substantial portion" of the Revlon Inc. (REV) facility in Venezuela, according to a statement posted on the company's website. The cosmetics maker said it was evaluating the damage and the impact on its ... See all stories on this topic » | ||
| Barclays's Garcia Says Portugal Faces `Reform Fatigue' Washington Post June 6 (Bloomberg) -- Antonio Garcia Pascual, chief southern European economist at Barclays Capital, talks about the austerity program facing Portugal's new government and Greek politics. He speaks with Owen Thomas and Francine Lacqua on Bloomberg ... See all stories on this topic » | ||
| Lutzka wins Maloof Money Cup NY, pockets $160K Wall Street Journal AP NEW YORK — Greg Lutzka won the Maloof Money Cup New York and $160000, the biggest payday in pro skateboarding, beating Dennis Busenitz in the head-to-head final Sunday. Ryan Decenzo was third at the Maloof Skate Park at Flushing Meadows Corona Park ... See all stories on this topic » |
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