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Senin, 04 Juli 2011

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EURO GOVT-Bunds up, S&P warns against Greek debt rollover
Reuters
LONDON, July 4 (Reuters) - The German Bund future snapped five days of losses on Monday and peripheral bonds were expected to come under pressure as a rating agency warning on Greek debt plans highlighted risks surrounding Greece's crisis. ...
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McDonald's UAE Forms Venture to Make Biodiesel From Recycled Vegetable Oil
Bloomberg
By Vivian Salama - Sun Jul 03 11:05:56 GMT 2011 McDonald's UAE and privately held Neutral Fuels LLC formed a venture to produce biodiesel using recycled vegetable oil from the fast-food retailer's outlets in the United Arab Emirates, the companies said ...
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Asian Stocks Advance on US Manufacturing
Bloomberg
By Anna Kitanaka and Toshiro Hasegawa - Mon Jul 04 08:35:45 GMT 2011 A Honda Motor Co. Odyssey vehicle is displayed outside the company's headquarters in Tokyo. Honda Motor Co., the automaker which receives 84 percent of its sales outside Japan gained ...
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China's Hsu Fu Chi in talks with firms, including Nestle
Reuters
HONG KONG, July 4 (Reuters) - China's Hsu Fu Chi International Ltd , which makes candies and pastries, is in talks with overseas companies, including the world's largest food company, Nestle SA , as global names try to grab a bigger slice of China's ...
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European shares steady, S&P Greek debt deal view hits banks
Reuters
By Simon Jessop LONDON, July 4(Reuters) - European share prices were flat on Monday and on course to snap a five-session rally after credit rating agency Standard & Poor's raised fresh concerns over private sector involvement in a second Greek bailout ...
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HK, China shares jump on robust volumes
Reuters
By Vikram Subhedar and Clement Tan HONG KONG, July 4 (Reuters) - Hong Kong and China shares moved above their 250-day moving averages in robust turnover on Monday, on anticipation that reduced inflation pressures in the Chinese economy and favourable ...
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Oil rises above $95 after Greece gets loan tranche
The Associated Press
KUALA LUMPUR, Malaysia (AP) — Oil edged above $95 a barrel Monday in Asia, bolstered by news that Greece was saved from near collapse after obtaining a vital loan installment. Benchmark crude for August delivery was up 23 cents to $95.23 per barrel at ...
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BOJ Report Shows Japan Economy Quickly Recovering From Quake
Wall Street Journal
By Megumi Fujikawa and Tatsuo Ito Of DOW JONES NEWSWIRES TOKYO (Dow Jones)--Japan's economy is quickly recovering from the impact of the March 11 earthquake and tsunami, a Bank of Japan report on local economies showed Monday, with most regions ...
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VW Takes Majority Stake in MAN
Wall Street Journal
By CHRISTOPH RAUWALD FRANKFURT—Volkswagen AG took a major step toward forging a European truck alliance that could take on the world's biggest truck makers—Daimler AG and Volvo AB—by obtaining a 55.9% voting stake and 53.7% of the share capital in MAN ...
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Baidu says Microsoft's Bing to power its English search
Reuters
SHANGHAI, July 4 (Reuters) - China's Baidu , which has three-quarters of China's search market, has signed a deal with Microsoft's Bing to offer English-language search to Baidu users, as Baidu looks to expand overseas and Microsoft to increase its ...
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Spanish official unemployment shrinks in June
AFP
MADRID — Spain's jobless queue shrank in June for the third month running, the government said on Monday. The number of unemployed slipped by 1.62 percent from the previous month to 4.12 million people in June, the Labour Ministry said, ...
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AFP
Greece needs Herculean reforms to secure bailout
Reuters
A man speaks on the phone next to smashed shop windows following two days of violent demonstrations around Syntagma square in Athens June 30, 2011. By Angeliki Koutantou ATHENS (Reuters) - Greece is set for an uphill struggle this week launching ...
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HTC jumps on record sales but overhang seen remaining
Reuters
TAIPEI, July 4 (Reuters) - Shares in the world's No.5 handset maker HTC (2498.TW) jumped on Monday after it posted record monthly sales in June, clearing some of the worries that led to a correction starting early last month. ...
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Power One Is a Solar Play That's Poised to Pop
Seeking Alpha
After suffering a severe beat-down earlier in the year and sideways action through spring and early summer, Power-One Inc. (PWER) looks like a solar sector play with potential for rapid price appreciation and sustainable long-term growth prospects. ...
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German Government To Borrow Less In 2012, Cut Taxes
Wall Street Journal
BERLIN (Dow Jones)--Germany's government plans to borrow less next year than previously expected, thanks to higher privatization and tax revenues, but will borrow more in the following years, according to a planning document for the 2012 budget seen by ...
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2 push for English on NYC store signs
Boston Globe
By AP NEW YORK - Two New York City council members want foreign-language store signs to be rewritten in English. Peter Koo and Dan Halloran say store signs should be mostly in English so police officers, firefighters, and consumers can correctly ...
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Storm cleanup continues; some still without power
St. Cloud Times
Happy birthday, America! It's never easy getting a year older, especially when you're approaching...- 12:10 am Ground Round Grill & Bar has closed its St. Cloud location.- 12:01 am The president and chief executive of St. Cloud-based Coborn's Inc.- ...
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Australian Dollar Pairs Earlier Gain On Weak Sales Data
Wall Street Journal
SYDNEY (Dow Jones)--The Australian dollar gave back nearly all of a late Friday and early Monday gain on signs of economic weakness in the country. Just a day before Australia's central bank is set to decide on interest rates for July, two sets of data ...
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Treasury Wine Shares Rise by Record in Sydney as Bright Food Considers Bid
Bloomberg
By Bloomberg News - Mon Jul 04 07:08:59 GMT 2011 Shiraz grapes reach maturity at Treasury Wine Estates's Seppelt vineyard in Great Western, Australia. Photographer: Carla Gottgens/Bloomberg Treasury Wine Estates Ltd. rose by a record in Sydney trading ...
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Freeport's Grasberg Mine Workers Start Strike Over Contracts
Bloomberg
By Bambang Djanuarto and Yoga Rusmana - Mon Jul 04 07:03:21 GMT 2011 Workers at Freeport-McMoran Copper & Gold Inc. (FCX)'s Grasberg mine in Indonesia's Papua province started a seven-day strike demanding wage increases, a spokesman said. ...
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To Keep Parking Lots Full, Retailers Offer Gas Deals
New York Times
By STEPHANIE CLIFFORD With gas prices locked at well above $3 a gallon, some retailers and manufacturers are trying to get more shoppers back on the road by picking up some costs at the pump. The CVS on Lexington Avenue at 53rd Street is offering a ...
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In Arkansas, July 4 without local ice cream won't be the same
Reuters
By Suzi Parker LITTLE ROCK, Ark (Reuters) - The bad news couldn't have come at a worse time. Yarnell's Ice Cream of Searcy, Arkansas -- a staple at Fourth of July celebrations across the state -- announced shortly before the holiday weekend it was ...
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Nikkei touches 10000 for first time in two months
Reuters
By Ayai Tomisawa TOKYO, July 4 (Reuters) - The Nikkei stock average climbed above 10000 for the first time in two months on Monday, boosted by buying from Asian investors, but traders said the rally may be short-lived without more signs of stability in ...
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Northville Man Sues, Wants Chevron Stock at 2004 Price
Patch.com
By John McKay | Email the author | July 3, 2011 The meteroric rise of San Ramon, CA-based Chevron's stock has created an interesting predicament for a former lawyer from Northville, according to a story by the Associated Press. ...
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Greek yogurt feeds upstate NY economy
Wall Street Journal
AP SOUTH EDMESTON, NY — When Kraft Foods decided to close its yogurt plant in Chenango County in 2005, it shut down an 85-year-old dairy processing operation, threw 55 employees out of work and added a new chapter to the story of fading economic ...
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Officials monitor flooding risk amid rain
Kansas City Star
Officials are monitoring water levels on the Missouri River after recent rains caused renewed flooding concerns in some areas. The State Emergency Management Agency says a heavier-than-expected rainfall of 1½ to 2 inches fell overnight in the Missouri ...
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Delay in rate rise likely: economists
Sydney Morning Herald
Homeowners could enjoy an even longer reprieve from an eventual rise in interest rates, with one major bank suggesting an increase could be put off until early next year. This will be music to the ears of the federal government as it flounders in ...
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Double Drowning at Hotel Pool in Branson
OzarksFirst.com
Branson Police say a couple from Columbia, Missouri went for a swim in the Days Inn pool around 9:45 Saturday night. They were found dead in the pool shortly after midnight. The cause of the drowning isn't apparent at this time; however, ...
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Peabody, China, Russia teams to win Mongolia mine bid
Reuters
Peabody Energy's CEO Gregory Boyce speaks to delegates at the 21st World Energy Congress in Montreal, September 14, 2010. By Fayen Wong SHANGHAI (Reuters) - Peabody Energy (BTU.N), a venture between China's -Shenhua (1088.HK) and Japan's Mitsui & Co ...
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Ex-Gartmore managers reappear at Eden
Reuters
LONDON, July 4 (Reuters) - Two former Gartmore fund managers who left after the merger with Henderson in March have joined Eden Financial, an investment manager based in London, where they will run a pair of new funds. Leigh Himsworth, previously head ...
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