Posted 16 minutes ago
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Cash Corn, Soybean Premiums Are Unchanged After US Farmers Reduce SalesBloombergCash premiums for corn and soybeans shipped to export terminals near New Orleans were unchanged relative ... and more » [Link]
Posted 20 minutes ago
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Mattel Sues MGA, CEO Larian Claiming Illegal Transfer after Bratz VerdictBloombergMattel Inc. sued MGA Entertainment Inc., claiming the rival toy company and its chief executive officer ... and more » [Link]
Posted 31 minutes ago
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BP Said to Plan Shutdown of Cat Cracker at Indiana RefineryBloombergBP Plc will shut a fluid catalytic cracker at its Whiting, Indiana, refinery around the middle of September ... [Link]
Posted 31 minutes ago
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Warburg Invests $125 Million in Cortview After Lehman Demise Spurs ShiftBloombergWarburg Pincus LLC is investing $125 million in a new broker-dealer as private-equity firms seek to profit ... and more » [Link]
Posted 34 minutes ago
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Spain, Netherlands, England Easily Win to Open Qualifying for Euro 2012BloombergWorld Cup winner Spain, England and the Netherlands easily won to open qualifying for soccer's 2012 European ... and more » [Link]
Posted 50 minutes ago
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General Growth Settles Class-Action Suit Over 401(k) Savings Plan LossesBloombergGeneral Growth Properties Inc., the second-largest US mall owner, reached a $5.75 million settlement ... and more » [Link]
Posted 50 minutes ago
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Romer Says August Payrolls Report Shows US Won't Relapse Into RecessionBloomberg“I think it does erase that worry,” Romer said in an interview today with Carol Massar on Bloomberg Television's “Street Smart.” “That's one of the reasons ... and more » [Link]
Posted 59 minutes ago
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Missing Corot's Co-Owner and Sued Sales Agent Were Prison MatesBloombergSource: Nassau County District Attorney via Bloomberg "Portrait of a Girl" by Jean-Baptiste-Camille Corot. The painting is missing after a man hired to help ... and more » [Link]
Posted 61 minutes ago
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U.S. Stocks Rise as Jobs Report Boosts Economic Optimism: VideoBloomberg3 (Bloomberg) -- Bloomberg's Elizabeth Faublas reports on the performance of the US equity market today. US stocks rose, with the Standard & Poor's 500 ... and more » [Link]
Posted 70 minutes ago
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Crafting a Career in Eco-Chic JewelryBloombergGoldman Sachs (GS) may not have a lot of friends in the White House these days, but one of its former employees has made a good impression. ... and more » [Link]
Posted 71 minutes ago
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Jobless Grads Bet on Custom-Made ChocolatesBloombergWill chocolate weather the recession better than the finance industry? Eric Heinbockel is betting it will. ... [Link]
Posted 78 minutes ago
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AMR, Excel Maritime Carriers, National Fuel, Titan: US Equity PreviewBloombergShares of the following companies may have unusual moves in US trading on Sept. 7. ... and more » [Link]
Posted 90 minutes ago
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TNK-BP May Be Interested in Buying BP Algeria Assets, WSJ SaysBloombergTNK-BP Holding may be interested in acquiring BP Plc assets in Algeria, the Wall Street Journal reported on ... and more » [Link]
Posted 94 minutes ago
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Obama Sets Summit With Southeast Asian Leaders During UN General AssemblyBloombergUS President Barack Obama has scheduled a summit later this month with leaders from Southeast Asia, ... and more » [Link]
Posted 2 hours ago
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Corn Extends Rally to 14-Month High on US Crop Concern, Informa ForecastBloombergCorn rose, extending a rally to a 14-month high, after hot, dry weather last month in the Midwest increased ... and more » [Link]
Posted 2 hours ago
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Johnson & Johnson Sued Over Recalled Implanted Hip-Replacement DevicesBloombergJohnson & Johnson was sued by a California construction worker over an implanted hip-replacement device that ... and more » [Link]
Posted 3 hours ago
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Ex-Googler Lee Backs Mobile, 11 Other China StartupsBloombergThe software will be offered this year on mobile phones made by three manufacturers, Lee, 48, said in an interview with Bloomberg Businessweek.com. ... [Link]
Posted 3 hours ago
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GN, TDC Awarded $502 Million in Arbitration With Poland's TelekomunikacjaBloombergDPTG I/S, owned by GN Store Nord A/S and TDC A/S, was awarded about 2.9 billion ... and more » [Link]
Posted 3 hours ago
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Wheat Advances as Russia Extends Export Ban, FAO Calls Emergency MeetingBloombergWheat rose to the highest level in three weeks on signs of increased demand for US supplies as world ... and more » [Link]
Posted 3 hours ago
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Devils Star Kovalchuk's $100 Million, 15-Year Deal Wins Approval From NHLBloombergThe National Hockey League approved Ilya Kovalchuk's latest contract with the New Jersey Devils, ... and more » [Link]
Posted 3 hours ago
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EOG Puts Gulf of Mexico Assets Up for Sale, Retains BMO Capital MarketsBloombergEOG Resources Inc., the second-best performer in the Standard & Poor's 500 index of energy explorers and ... [Link]
Posted 3 hours ago
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Cotton Falls From Highest Price Since March 2008 on US Economy ConcernsBloombergCotton fell from the highest price since March 2008 on signs the US economic recovery will be fragile. ... and more » [Link]
Posted 3 hours ago
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3Par Investor Menlo Ventures Said to Seek as Much as $800 Million for FundBloombergMenlo Ventures, the biggest investor in 3Par Inc., is raising capital for a new fund, said two people familiar ... and more » [Link]
Posted 3 hours ago
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US Companies Buy Back Stock at Almost Fourth-Fastest Pace, Birinyi SaysBloombergCorporate buybacks may be headed for their fourth-largest year, recovering a slump in 2009 following the ... and more » [Link]
Posted 3 hours ago
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Magnitude 7.2 Quake Hits New Zealand's South Island, USGS SaysBloombergA magnitude 7.0 earthquake struck New Zealand's South Island this morning, knocking out power, damaging buildings and rupturing pipes in Christchurch, ... and more » [Link]
Posted 4 hours ago
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Too Early to 'Declare Victory' as Housing Revives, Donovan SaysBloomberg“It is too early to certainly declare victory,” Donovan said in an interview for Bloomberg Television's “Political Capital with Al Hunt,” airing this ... and more » [Link]
Posted 4 hours ago
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Meirelles Says He's `Comfortable' With Pace of Economic Growth in BrazilBloombergEconomists surveyed by Bloomberg expected growth to slow to 0.7 percent in the second quarter from the first three months of 2010, according to the median ... and more » [Link]
Posted 4 hours ago
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Higher Carbon Price Needed to Drive Innovations, EU Connie Hedegaard SaysBloombergThe European Union Climate Commissioner said higher carbon prices are needed to drive innovations as nations ... and more » [Link]
Posted 4 hours ago
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Drop in Self-Employment Shows US Recovery Has Yet to Spur New BusinessesBloomberg3 (Bloomberg) -- Constance Hunter, chief economist at Aladdin Capital Management LLP, talks with Mark Crumpton about the outlook for the US economy and ... and more » [Link]
Posted 4 hours ago
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Coinstar Builds Apple Relationship as It Seeks Online Partner for MoviesBloombergCoinstar Inc., owner of the Redbox DVD rental kiosks, is expanding ties with Apple Inc. as ... and more » [Link]
Posted 4 hours ago
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Kim Clijsters Wins 12 Straight Games to Reach Fourth Round of US OpenBloombergDefending women's champion Kim Clijsters advanced to the fourth round at the US Open, dropping her first ... and more » [Link]
Posted 4 hours ago
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Netanyahu, Abbas Will Seek Accord on Compromises Needed for Peace TreatyBloombergPalestinian Authority President Mahmoud Abbas and Israeli Prime Minister ... and more » [Link]
Posted 4 hours ago
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UPS 747 Freighter Crashes on Takeoff in Dubai, Kills TwoBloombergA United Parcel Service Inc. cargo plane crashed near Dubai's airport, killing both ... and more » [Link]
Posted 4 hours ago
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`Cult of Equity' Is Dead, Citigroup's Buckland Proclaims: Chart of the DayBloombergThe “cult of the equity” that prompted investors to favor stocks at the expense of bonds is dead, ... [Link]
Posted 5 hours ago
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Nigeria 'Unwavering' in Pursuit of Oil Jobs Law, Jonathan SaysBloombergTo contact the reporter on this story: Elisha Bala -Gbogbo in Abuja via Johannesburg at pmrichardson@bloomberg.net. and more » [Link]
Posted 5 hours ago
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Chile's Pinera Prepares Oil Drill to Rescue MinersBloombergChile's President Sebastian Pinera said the government will set up an oil drill to rescue 33 ... and more » [Link]
Posted 5 hours ago
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ConocoPhillips' Rodeo Refinery Flares on Unit StartupBloomberg... products to Rodeo to upgrade into finished products. The refinery can process 128000 barrels of oil a day, according to data compiled by Bloomberg. and more » [Link]
Posted 5 hours ago
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Natural-Gas Futures Rise After Jobs Report Signals Increase in Fuel DemandBloombergThe median estimate of economists surveyed by Bloomberg News called for a gain of 40000. Traders project that natural- gas demand will rise because it's ... and more » [Link]
Posted 5 hours ago
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Soybean Futures Rise as China Imports More to Produce Feed, Cooking OilBloombergSoybeans rose the most in seven weeks on speculation that China, the world largest consumer, will buy more ... and more » [Link]
Posted 5 hours ago
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Swap Market Rules Will Boost Competition, Reduce Bank Profit, Citadel SaysBloombergRegulatory reform of over-the- counter derivatives should open the market to more banks ... and more » [Link]
Posted 5 hours ago
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Cuba's Castro Warns of War in First Public Speech Since Surgery in 2006BloombergFormer Cuban President Fidel Castro gave his first public speech in front of thousands of people since ... and more » [Link]
Posted 5 hours ago
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US Oil, Natural Gas Rig Count Declines by 3 to 1653, Baker Hughes SaysBloombergThe US energy rig count fell by three to 1653, the first decline in 13 weeks, according to data published ... and more » [Link]
Posted 5 hours ago
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JPMorgan CEO Dimon Cuts Chicago Mansion's Asking Price AgainBloombergJamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., sliced about $2.6 million off the ... and more » [Link]
Posted 5 hours ago
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3Par Venture Backers Reap $560 Million by Hanging OnBloomberg3 (Bloomberg) -- Ashok Kumar, senior technology analyst at Rodman & Renshaw LLC in New York, talks about Hewlett-Packard Co.'s agreement to buy 3Par Inc. ... and more » [Link]
Posted 5 hours ago
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3Par Venture Backers Reap $560 Million by Hanging OnBloombergPhotographer: Tony Avelar/Bloomberg Patience paid off for the venture capitalists who backed data-storage supplier 3Par Inc. 3Par's earliest and biggest ... and more » [Link]
Posted 5 hours ago
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Harper Discusses Goldman's Principal Strategies Unit: VideoBloomberg3 (Bloomberg) -- Bloomberg's Christine Harper talks with Mark Crumpton and Julie Hyman about Goldman Sachs Group Inc.'s principal-strategies business. ... and more » [Link]
Posted 5 hours ago
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Shell in Exclusive Talks to Sell Finnish, Swedish Refining Units to St1BloombergRoyal Dutch Shell Plc, Europe's largest oil producer, is in exclusive talks to sell its refining units in Sweden ... and more » [Link]
Posted 5 hours ago
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Magnitude 7.2 Quake Hits New Zealand's South Island, USGS SaysBloombergAn earthquake with a revised magnitude of 7.2 struck New Zealand's South Island about 4:30 am local time ... and more » [Link]
Posted 5 hours ago
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Tronox Shareholders File Bankruptcy Plan Valuing Company at $1.25 BillionBloombergTronox Inc. shareholders filed a competing reorganization plan that values the bankrupt chemical maker at ... and more » [Link]
Posted 5 hours ago
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US Corn, Soy Crops Will Be Smaller Than USDA Forecasts, Allendale SaysBloombergThe US corn and soybean crops will be smaller than the government predicted in August, though still the ... and more » [Link]
Posted 5 hours ago
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Medtronic to Seek `Opportunistic' Deals, CEO SaysBloombergPhotographer: Craig Lassig/Bloomberg Medtronic Inc., the world's largest heart-device maker, will be “opportunistic” in seeking acquisitions of as much as ... and more » [Link]
Posted 6 hours ago
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Goldman Sachs Said to Be Disbanding Principal Strategies UnitBloombergPhotographer: Daniel Acker/Bloomberg Goldman Sachs Group Inc. is shutting its principal-strategies business, a group that makes bets with the firm's own ... and more » [Link]
Posted 6 hours ago
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German Court Limits YouTube's Use of Copyrighted Online Video MaterialBloombergPhotographer: Tomohiro Ohsumi/Bloomberg Google Inc.'s YouTube video service lost a Hamburg court ruling over copyrighted video material that was posted ... and more » [Link]
Posted 6 hours ago
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Chilean Peso Caps Fifth Weekly Gain on Recovery; Rate Swap Yields DeclineBloombergThe peso appreciated 0.8 percent this week and 10 percent so far this quarter, outpacing the six other Latin American currencies tracked by Bloomberg. ... and more » [Link]
Posted 6 hours ago
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European Stocks Have Biggest Weekly Gain Since July on Growth in US JobsBloombergEuropean stocks posted the biggest weekly gain since July as reports from the US and China reassured investors ... and more » [Link]
Posted 6 hours ago
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Southwest, Continental Cancel Flights as Hurricane Earl Skirts US CoastBloombergSouthwest Airlines Co. and Continental Airlines Inc. dropped more than 120 flights in the eastern US ... and more » [Link]
Posted 6 hours ago
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Corn Extends Rally to 14-Month High as Hot, Dry Spell Parches US CropBloombergCorn rose, extending a rally to a 14-month high, after hot, dry weather last month in the Midwest increased ... and more » [Link]
Posted 6 hours ago
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Namibia Uranium Mine May Ship $700 Million a Year, Extract Resources SaysBloombergBy Chamwe Kaira - Fri Sep 03 14:05:32 GMT 2010 Extract Resources Ltd.'s Namibian unit, Swakop Uranium, said its Husab mine in the nation may export as much ... and more » [Link]
Posted 6 hours ago
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Federal Reserve Under Reduced Pressure to Add Stimulus After Jobs ReportBloomberg21, former Fed Governor Randall Kroszner, a professor at the University of Chicago's Booth School of Business, said in a Bloomberg Television interview. ... and more » [Link]
Posted 6 hours ago
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3Par Venture Investors Collected $560 Million by Holding Shares Since IPOBloomberg... public in 2007 and haven't been acquired, six still have all of their early funders on board, according to Bloomberg analysis of regulatory filings. ... and more » [Link]
Posted 6 hours ago
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OGX Falls Most in Nine Weeks as Investors Sell Ahead of Petrobras OfferingBloomberg1, after previously holding as much as 10.67 percent, according to data compiled by Bloomberg. Investors may be selling OGX to free up cash for the ... and more » [Link]
Posted 6 hours ago
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Chile Offers Businesses Credit to Counter Peso's Region-Beating RallyBloombergChile's peso has appreciated 10 percent this quarter, outpacing the six other Latin American currencies tracked by Bloomberg, as the economy rebounds from ... [Link]
Posted 6 hours ago
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Sub-Saharan Africa Stocks: Bank PHB, NEM Insurance, Safaricom Among MoversBloombergBy Vincent Nwanma and Eric Ombok - Fri Sep 03 16:14:16 GMT 2010 Mauritius's SEMDEX Index snapped a five-day drop, rising less than 1 percent to 1698.02 by ... [Link]
Posted 6 hours ago
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Wheat Rises on Russian Export Ban; Mozambique Riots for BreadBloombergWheat rose to the highest level in almost three weeks on signs of increased demand for US supplies as world ... and more » [Link]
Posted 6 hours ago
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Achuthan, Glassman Say Unemployment Won't Drop Soon: Tom KeeneBloomberg3 (Bloomberg) -- Lakshman Achuthan, managing director of the Economic Cycle Research Institute, and James Glassman, senior economist at JPMorgan Chase & Co. ... and more » [Link]
Posted 7 hours ago
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Take-Two Soars on Profit From `Red Dead Redemption,' Increase in OutlookBloombergThat compares with the average 8-cent loss estimated by 13 analysts in a Bloomberg survey. “Red Dead Redemption,” more than four years in development, ... and more » [Link]
Posted 7 hours ago
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Silver May Revisit 2008 High After Pennant Breakout: Technical AnalysisBloombergBy Pham-Duy Nguyen - Fri Sep 03 15:51:07 GMT 2010 Silver may rally to $21.35 an ounce after completing a so-called pennant formation, according to Barclays ... and more » [Link]
Posted 7 hours ago
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BNDES Says Brazilian Banks Lack Long-Term Capital-Raising InstrumentsBloombergBrazil's lack of long-term private financing stems from a shortage of instruments to help financial ... and more » [Link]
Posted 7 hours ago
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Berlusconi to Appoint New Industry Minister Next Week, Defends His TenureBloombergPrime Minister Silvio Berlusconi will nominate a new industry minister next week, ... and more » [Link]
Posted 7 hours ago
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Dutch Talks on Forming Coalition Government CollapseBloombergThe Dutch Liberal Party and the Christian Democratic Alliance failed to agree on forming a coalition with the support of the anti-Islam Freedom Party, ... and more » [Link]
Posted 7 hours ago
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Tiger Woods Stands Nine Shots Behind Day, Johnson at Deutsche Bank GolfBloombergTiger Woods is two shots out of last place after his opening round at the US PGA Tour's Deutsche Bank ... and more » [Link]
Posted 7 hours ago
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Vestas Is Preferred Partner for Turbines at Eldepasco Wind Farm in BelgiumBloomberg... project by early next year, with construction to start in 2012. To contact the reporter on this story: Alex Morales in London at amorales2@bloomberg.net. [Link]
Posted 7 hours ago
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British Airways Traffic Falls on Capacity Cuts, FaresBloombergBritish Airways Plc said passenger traffic fell 2.9 percent last month after the airline cut capacity and ... and more » [Link]
Posted 7 hours ago
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Stocks Rise as Jobs Report Boosts Optimism About EconomyBloombergPhotographer: Jin Lee/Bloomberg US stocks rose, with the Standard & Poor's 500 Index gaining a fourth day and the Dow Jones Industrial Average erasing its ... and more » [Link]
Posted 7 hours ago
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Speculative-Grade Bond Funds Report First Net Withdrawals in Eight WeeksBloomberg... 107000 increase in July that was more than initially estimated, The median estimate of economists surveyed by Bloomberg News called for a gain of 40000. ... [Link]
Posted 7 hours ago
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First Quantum Loses Mine Rights to Hong Kong Company, Congo Minister SaysBloombergBloomberg News couldn't immediately find Fortune's contact details. First Quantum, a Vancouver-based copper producer, has lost control of its biggest assets ... and more » [Link]
Posted 7 hours ago
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German Government, States Must Play Role in Sarrazin Dismissal, ARD SaysBloombergChancellor Angela Merkel's government and the Bundesrat, parliament's upper chamber that represents ... and more » [Link]
Posted 7 hours ago
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Morgan Stanley Replaced as Presenting Sponsor of Nicklaus's PGA Tour EventBloombergMorgan Stanley will be replaced by Nationwide Mutual Insurance Co. as the presenting sponsor of the ... and more » [Link]
Posted 7 hours ago
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MGIC Leads Mortgage Insurers' Rally as US Adds More Jobs Than ForecastBloombergThe median estimate of economists surveyed by Bloomberg News was for a gain of 40000. Shares of mortgage insurers, which pay lenders when homeowners default ... [Link]
Posted 7 hours ago
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Billionaire Esteves in Talks to Sell BTG Pactual Stake to Singapore GroupBloomberg... which cited people familiar with the negotiations. GIC said in an e-mail it had no comment on the article when contacted by Bloomberg News. and more » [Link]
Posted 7 hours ago
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Blackstone Call Option Trading Surges Following Bet Stock Will Advance 44%BloombergBlackstone Group LP call options were the second most-traded US contracts because of a single trade by an ... [Link]
Posted 7 hours ago
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Fed's Evans Says Central Clearinghouses for Derivatives Carry Failure RiskBloombergFederal Reserve Bank of Chicago President Charles Evans said that central clearinghouses for derivative ... and more » [Link]
Posted 7 hours ago
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Daimler Mercedes-Benz Sales Rose 22% Last Month on E-Class, S-Class DemandBloombergMercedes-Benz sold 81000 cars and sport-utility vehicles, a 22 percent increase from a year earlier, ... and more » [Link]
Posted 7 hours ago
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Richard Li's Phone Company, Vivacom, Gets Lender Waiver on Covenant BreachBloomberg... UBS AG and UniCredit SpA arranged the 1.6 billion euro leveraged loan facility for the acquisition, according to data compiled by Bloomberg. [Link]
Posted 7 hours ago
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Ben Roethlisberger's Suspension Reduced to Four Steelers Games From SixBloombergBen Roethlisberger's suspension was reduced to four games from six by National Football League Commissioner ... and more » [Link]
Posted 7 hours ago
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Hurricane Earl Passes North Carolina, Heads Toward New EnglandBloomberg3 (Bloomberg) -- Chris Hyde, a meteorologist at MDA EarthSat Weather, talks about Hurricane Earl, which passed off the Outer Banks of North Carolina and is ... [Link]
Posted 7 hours ago
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Exprinter Sells $626 Million of Credit-Linked Notes Tied to Venezuela DebtBloombergExprinter, based on the Caribbean island of Curacao, issued nine structured notes linked to Venezuela this year, Bloomberg data show. ... and more » [Link]
Posted 7 hours ago
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Ethiopian Central Bank Says Devaluation to Boost Exports, Domestic OutputBloomberg... gold and khat, a narcotic leaf. To contact the reporter on this story: William Davison in Addis Ababa via Johannesburg at pmrichardson@bloomberg.net. [Link]
Posted 7 hours ago
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Acciona Starts Generation at $64 Million Biomass Power Plant in SpainBloombergAcciona SA said it connected a 50 million-euro ($64 million) biomass plant to the electricity grid in Spain ... [Link]
Posted 7 hours ago
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US Affirms 17% Climate Target; Envoys Cite Progress on `Green Fund'BloombergThe US failure to pass cap-and- trade legislation won't change its target for 2020 to reduce greenhouse-gas ... and more » [Link]
Posted 8 hours ago
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Liberia's Government Approves Oil Exploration Deal With ChevronBloombergLiberia's parliament approved an offshore oil exploration accord with California-based Chevron Corp., ... and more » [Link]
Posted 8 hours ago
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ARM Reiterates There's No Reason For Rivals to Buy the CompanyBloombergARM Holdings Plc, the UK designer of semiconductors that power Apple Inc.'s iPhone, ... [Link]
Posted 8 hours ago
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Warburg Invests $125 Million in Broker-Dealer StartupBloombergWarburg Pincus LLC is investing $125 million in a new broker-dealer as private-equity firms seek to profit ... and more » [Link]
Posted 8 hours ago
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Stocks in US Pare Gains as Service Industry Data Offset Payrolls GrowthBloombergUS stocks pared gains as slower- than-forecast growth in service industries wiped ... [Link]
Posted 8 hours ago
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Colombia's Peso Rises to a Two-Week High as US Adds Private-Sector JobsBloombergToday's gain brings this year's surge to 13 percent, the best performance among all currencies tracked by Bloomberg. Private payrolls in the US that exclude ... and more » [Link]
Posted 8 hours ago
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`Straight-talking' 30-Stone Former Liberal MP Cyril Smith Dies, Aged 82BloombergCyril Smith, a former Liberal UK member of parliament, has died at the age of 82, the local branch of his ... and more » [Link]
Posted 8 hours ago
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OMV Exits Russian Oil Assets, Sells Field Exploration Licenses to PartnerBloombergOMV AG, central Europe's biggest oil company, exited Russian exploration, selling stakes in oilfield ... and more » [Link]
Posted 8 hours ago
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Knapp Says Economic Data Still Signal `Subpar' Recovery: VideoBloomberg3 (Bloomberg) -- Barry Knapp, chief US equity strategist at Barclays Capital Inc., talks about the US stock market and the economy. ... and more » [Link]
Posted 8 hours ago
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Turk Ekonomi Gets Syndicated Loan of $100 Million, 190 Million EurosBloombergTurk Ekonomi Bankasi AS, the Turkish bank owned by BNP Paribas SA, said it got a syndicated loan in two parts ... and more » [Link]
Posted 8 hours ago
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Goldwind Said to Seek $800 Million in Revived, Smaller Hong Kong OfferingBloombergXinjiang Goldwind Science & Technology Co. is seeking to raise about $800 million by reviving a Hong ... and more » [Link]
Posted 8 hours ago
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Capesize Bookings to China Advance 29% in August, Clarkson Figures ShowBloombergBookings of capesize vessels to haul dry-bulk commodities to China jumped 29 percent last month, ... [Link]
Posted 8 hours ago
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Honda Partner Dongfeng Motor Rises to Five-Month High on Earnings OutlookBloombergBy Bloomberg News - Fri Sep 03 10:19:25 GMT 2010 Dongfeng Motor Group Co., the Chinese partner of Nissan Motor Co. and Honda Motor Co., rose to the highest ... and more » [Link]
Posted 8 hours ago
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Cocoa Futures Advance on Higher Demand; Sugar Declines; Coffee Price RisesBloombergCocoa futures advanced to the highest price in more than a week on speculation that ... and more » [Link]
Posted 8 hours ago
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Pimco's McCulley Says Odds of More Fed Easing Drop After Payrolls ReportBloombergThe median estimate of economists surveyed by Bloomberg News called for a gain of 40000. Overall employment fell 54000 for a second month and the ... [Link]
Posted 8 hours ago
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Mexico Consumer Confidence Rose to Two-Year High of 88.7 Last MonthBloombergEconomists had estimated confidence would be 86.8, according to the median of eight forecasts compiled by Bloomberg. The consumer sentiment index reflects ... and more » [Link]
Posted 8 hours ago
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Petrobras Swap Favors BG's Brazilian Assets Over Repsol's, Citigroup SaysBloombergPetroleo Brasileiro SA's planned $42.5 billion share swap with the Brazilian government makes BG Group ... and more » [Link]
Posted 8 hours ago
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Service Companies in US Expand Less Than ForecastBloombergReadings above 50 signal growth and economists projected a decline to 53.2, according the median estimate in a Bloomberg News survey. ... and more » [Link]
Posted 8 hours ago
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Obama Pledges New Measures Next Week to Boost US Economic Growth, HiringBloombergPresident Barack Obama said there is “no quick fix” for the US economy as it emerges ... and more » [Link]
Posted 8 hours ago
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Hong Kong to Hold Land Auction for Kowloon Tong Private Residential SiteBloombergHong Kong will next month sell a residential plot adjacent to one sold for a record price for the Kowloon ... and more » [Link]
Posted 9 hours ago
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ConocoPhillips Keeps Wilhelmshaven Refinery in Germany ClosedBloombergConocoPhillips is keeping its Wilhelmshaven refinery in Germany, the company's biggest ... [Link]
Posted 9 hours ago
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Deutsche Telekom in Talks With Apple About IPhone ExclusivityBloombergDeutsche Telekom AG said it's in talks with Apple Inc. about its right to sell the iPhone in Germany ... and more » [Link]
Posted 9 hours ago
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Gilts Retreat After US Companies Add Jobs in August; Pound, Stocks RiseBloomberg25, the least since Bloomberg started compiling the data. The yield has increased 10 basis points since Aug. 27, set for the first gain since the five days ... and more » [Link]
Posted 9 hours ago
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Swiss Stocks Climb After US Jobs Report; Adecco, ABB, Credit Suisse GainBloombergThe median estimate of economists surveyed by Bloomberg News called for a gain of 40000. Shares of Adecco climbed 4.2 percent to 51.45 Swiss francs, ... and more » [Link]
Posted 9 hours ago
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London Faces Transport Turmoil as Subway Workers Plan Strike Over Job CutsBloombergPhotographer: Graham Barclay/Bloomberg London's 3.5 million Tube travelers face turmoil next week with as many as 10000 of the subway's train drivers, ... and more » [Link]
Posted 9 hours ago
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Petrobras Plans to Raise $32 Billion From Minority ShareholdersBloombergPhotographer: Adriano Machado/Bloomberg Petroleo Brasileiro SA, Latin America's largest company by market value, plans to sell as much as 55 billion reais ... and more » [Link]
Posted 9 hours ago
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Celldex Plunges After Pfizer Cancels Partnership for Brain-Cancer VaccineBloombergPfizer Inc. is pulling out of an agreement with Celldex Therapeutics Inc. to fund the development of an ... and more » [Link]
Posted 9 hours ago
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Pimco's McCulley Discusses U.S. Jobs Data, Fed Policy: VideoBloomberg3 (Bloomberg) -- Paul McCulley, managing director at Pacific Investment Management Co., discusses today's US employment report for August and the potential ... and more » [Link]
Posted 9 hours ago
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Bovespa Stock Index Gains on Petrobras Share Sale Plan, US Jobs ReportBloombergThe median estimate of economists surveyed by Bloomberg News called for a gain of 40000. Overall employment fell 54000 for a second month and the ... and more » [Link]
Posted 9 hours ago
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Crude Oil Futures Decline as US Service Industries Grow at Slower PaceBloombergCrude oil may fall next week as US refineries perform seasonal maintenance, reducing demand, a Bloomberg News survey showed. Fourteen of 34 analysts, ... and more » [Link]
Posted 9 hours ago
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Swiss Wealth Managers Need Focus, Size to Survive, HSBC SaysBloombergSwiss wealth managers must target specific markets and offer “compelling” investments to survive, ... [Link]
Posted 9 hours ago
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Warburg Invests $125 Million in Cortview After Lehman Demise Spurs ShiftBloombergWarburg Pincus LLC is investing $125 million in a new broker-dealer as private-equity firms seek to profit ... [Link]
Posted 9 hours ago
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Pimco's McCulley Says Odds of More Fed Easing Drop After Payrolls ReportBloomberg3 (Bloomberg) -- Paul McCulley, managing director at Pacific Investment Management Co., discusses today's US employment report for August and the potential ... and more » [Link]
Posted 9 hours ago
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CGGVeritas, TGS-Nopec See Delay in Recovery of Demand for Seismic ServicesBloombergCGGVeritas, the world's largest seismic surveyor for oil and gas, and TGS-Nopec Geophysical Co. expect a ... [Link]
Posted 9 hours ago
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Poland Aims to Reduce Central Deficit by Almost 20% Next YearBloombergThe shortfall may be around 6 percent of GDP in 2011, according to comments from six economists surveyed by Bloomberg News. After preliminary approval ... [Link]
Posted 9 hours ago
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Mexican Peso Rises for Third Day as US Private Payrolls Beat ForecastsBloombergThe peso fell 4.2 percent last month, making it the worst performer against the dollar among the 16 major currencies tracked by Bloomberg. ... [Link]
Posted 9 hours ago
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Latvia's Outlook Raised to `Stable' by Fitch on Budget, Improving EconomyBloombergLatvia, which recorded the European Union's deepest recession last year, had the outlook on its credit ... [Link]
Posted 9 hours ago
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Who'll Catalyze Change: Us or Them?BloombergA couple of months ago, I pointed out that any post-recession recasting of processes, practices, and positions ... [Link]
Posted 9 hours ago
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Zimbabwean Tobacco Sales More Than Doubled During Season, Board's CEO SaysBloombergZimbabwe's tobacco sales more than doubled to 120 million kilograms (265.6 million pounds) this season, ... [Link]
Posted 9 hours ago
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Nigerian Bourse Seeks Foreign Investors, Plans Islamic Products, Oteh SaysBloombergThe All-Share gauge climbed 0.2 percent to 24277.14 today, extending this year's gain to 17 percent, according to data compiled by Bloomberg. ... and more » [Link]
Posted 9 hours ago
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PetroChina to Double Capacity of Huabei Refinery to 10 Million Tons a YearBloombergBy Bloomberg News - Fri Sep 03 01:15:16 GMT 2010 PetroChina Co., the country's biggest oil company, obtained government approval to double the capacity of ... and more » [Link]
Posted 10 hours ago
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European Gasoline Barges Rise; Low-Sulfur Premium Falls: WrapBloombergDeals were done on the barge market from $697 a metric ton to $699 a ton, according to a Bloomberg survey of traders and brokers monitoring the Argus ... [Link]
Posted 10 hours ago
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State Street's Herrmann Discusses U.S. Aug. Jobs Report: VideoBloomberg3 (Bloomberg) -- John Herrmann, senior fixed-income strategist at State Street Global Markets, discusses today's US employment report for August. ... [Link]
Posted 10 hours ago
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H&R Block Surges as Chief Says Firm Can Handle Mortgage RefundsBloombergThe average estimate of eight analysts surveyed by Bloomberg was a loss of 41 cents a share. The net loss narrowed to $130.7 million from $133.6 million. ... and more » [Link]
Posted 10 hours ago
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CGG Postponing Iraq Plans Due to Security Concerns, Chief SaysBloombergCGGVeritas, the world's largest seismic surveyor for oil and gas, has delayed plans to start work in Iraq ... [Link]
Posted 10 hours ago
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Petraeus Says Afghan Raids on Rebels Exceed Iraq PaceBloombergUS Army General David Petraeus said special operations have increased in the past week or two “in part ... and more » [Link]
Posted 10 hours ago
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Pakistan Blast Kills 35, Injures 100 in Week's Third Attack in MinoritiesBloombergA bomb killed at least 35 people at a rally of Shiite Muslims in the western Pakistani city ... [Link]
Posted 10 hours ago
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Ex-Liverpool Coach Houllier Will Get Villa Job, Daily Mail Says: RoundupBloombergThe following is a roundup of soccer stories from UK newspapers, with clickable links to the Web. ... [Link]
Posted 10 hours ago
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French Appeals Court Slashes EBay Fine on LVMH FakesBloombergA French appeals court slashed the fines EBay Inc. must pay in a suit over sales of counterfeit LVMH Moet ... and more » [Link]
Posted 10 hours ago
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Dollar, Yen Decline as US Private Payrolls Gain Boosts Appetite for RiskBloombergThe median estimate of economists surveyed by Bloomberg News called for a gain of 40000. Overall employment fell 54000, compared with a forecast for a drop ... and more » [Link]
Posted 10 hours ago
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German 10-Year Bunds Decline as US Companies Add More Jobs Than ForecastBloomberg... Labor Department figures in Washington showed today. The median estimate of economists surveyed by Bloomberg News called for a gain of 40000. and more » [Link]
Posted 10 hours ago
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Treasuries Drop, Yield Curve Steepens as US Company Hiring Beat ForecastBloomberg3 (Bloomberg) -- Paul McCulley, managing director at Pacific Investment Management Co., discusses today's US employment report for August and the potential ... and more » [Link]
Posted 10 hours ago
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Pound Advances After US Companies Add More Jobs Than Forecast in AugustBloomberg... Labor Department figures in Washington showed today. The median estimate of economists surveyed by Bloomberg News called for a gain of 40000. and more » [Link]
Posted 10 hours ago
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Stock Futures Rise, Treasuries Drop After Private Jobs Data Beat EstimatesBloomberg3 (Bloomberg) -- Nouriel Roubini, chairman and co-founder of Roubini Global Economics LLC, talks about the outlook for the global economy and the possible ... and more » [Link]
Posted 10 hours ago
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China May Boost Corn Imports More Than Three-Fold to Replenish StockpilesBloombergBy Bloomberg News - Fri Sep 03 12:17:02 GMT 2010 China, the second-biggest user of corn, may increase imports more than three-fold in 2010-2011 to meet ... and more » [Link]
Posted 10 hours ago
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UN Abandons Israel Nuclear Probe as Lack of Information Hampers AssessmentBloombergUnited Nations investigators, ordered to write a report about Israel's atomic capabilities, ... and more » [Link]
Posted 10 hours ago
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Nigeria to End Fuel Subsidies by End of 2011 at the Latest, Aganga SaysBloombergNigeria's government is aiming to remove subsidies on domestic fuel prices by the end of next year at the ... and more » [Link]
Posted 10 hours ago
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Nigeria to Start Sovereign Wealth Fund in October, Finance Minister SaysBloombergNigerian Finance Minister Olusegun Aganga said he wants Africa's largest oil producer to start a sovereign ... and more » [Link]
Posted 10 hours ago
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Carnell Sees `Mediocre' U.S. Job Growth for Rest of Year: VideoBloomberg3 (Bloomberg) -- Robert Carnell, chief international economist at ING Financial Markets, talks about the outlook for the US job market. ... and more » [Link]
Posted 10 hours ago
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US Companies Added 67000 Jobs in AugustBloombergWorkers assemble machine parts at a factory in the US Photographer: Jim R. Bounds/Bloomberg Sept. ... and more » [Link]
Posted 10 hours ago
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Brazil Second-Quarter GDP Slowed Less Than ExpectedBloombergEconomists surveyed by Bloomberg expected 0.7 percent growth, according to the median of 41 forecasts. GDP grew 8.8 percent from the previous year. ... and more » [Link]
Posted 10 hours ago
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India's Number of Slum-Dwellers Surges as Economy Draws People to CitiesBloombergThe number of Indians living in slums rose by a quarter in the last decade to 93 million people, ... and more » [Link]
Posted 10 hours ago
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Citigroup Sets Bank Meeting on Tomkins Buyout by Canada Pension Plan, OnexBloombergAbout $218 billion of leveraged loans have been arranged in the US so far this year, Bloomberg data show, up from about $86 billion during the same period ... and more » [Link]
Posted 10 hours ago
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Sarkozy Warns EDF, Areva to Stop Infighting and Work TogetherBloomberg“We've taken decisions to force Areva and EDF to end their conflict,” Sarkozy said today ... [Link]
Posted 10 hours ago
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Ukraine Willing to Give Russia Joint Control of Pipeline to Cut Gas PricesBloombergPhotographer: John Guillemin/Bloomberg Ukraine is willing to give Russia joint control of a pipeline to southeastern Europe in exchange for access to ... and more » [Link]
Posted 11 hours ago
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U.S. Technology Companies Go Shopping Abroad to Avoid TaxesBloombergPhotographer: Michael Fein/Bloomberg In February, Micron Technology Inc., based in Boise, Idaho, agreed to pay $1.3 billion for Numonyx Holdings, ... and more » [Link]
Posted 11 hours ago
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Buckley Says 3M Seeks Health-Care, Industrial Takeovers: VideoBloomberg3 (Bloomberg) -- George Buckley, chief executive officer of 3M Co., talks about his company's growth strategy in Cernobbio, Italy. ... and more » [Link]
Posted 11 hours ago
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Singapore in Talks to Buy 16% of Brazil's BTG for $2.4 Billion, Exame SaysBloombergGIC, as the sovereign fund is known, said in an e-mail it had no comment on the article when contacted by Bloomberg News. Spokespeople for BTG Pactual in ... [Link]
Posted 11 hours ago
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Canadian Dollar Climbs Along With Stocks After US Private Jobs IncreaseBloombergThe median estimate of economists surveyed by Bloomberg News called for a gain of 40000. Overall employment fell 54000 for a second month and the ... and more » [Link]
Posted 11 hours ago
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Goldman's Hatzius Discusses U.S. Labor Market Outlook: VideoBloomberg3 (Bloomberg) -- Jan Hatzius, chief US economist at Goldman Sachs Group Inc., talks about the outlook for the August US employment report and the state of ... and more » [Link]
Posted 11 hours ago
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Campbell Fourth-Quarter Profit Rises as Beverage Sales IncreaseBloombergAnalysts anticipated 30 cents, the average of projections compiled by Bloomberg. Sales dropped less than 1 percent to $1.52 billion. ... and more » [Link]
Posted 11 hours ago
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Prescott Calls for Review of Hacking at Rupert Murdoch Newspaper in UKBloombergFormer UK Deputy Prime Minister John Prescott called for a judicial review of the extent of phone tapping ... and more » [Link]
Posted 11 hours ago
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Fired Bond Trader, TD Bank Settle Suit Over Incorrect Derivatives PricingBloombergA bond trader fired by Toronto- Dominion Bank after an investigation into incorrectly priced credit ... and more » [Link]
Posted 11 hours ago
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Huawei Bets on Google Brand, Low-End Smartphone in Europe PushBloombergHuawei Technologies Co., China's largest phone-equipment maker, is betting Google Inc. branding and ... and more » [Link]
Posted 11 hours ago
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RWE, BASF, Linde Develop Low-Energy Technology for Carbon-Dioxide CaptureBloombergRWE AG, BASF SE and Linde AG said their method of capturing carbon-dioxide from ... and more » [Link]
Posted 11 hours ago
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PKO Bank of Poland Is Said to Plan Revised Bid for 66% of AIB's ZachodniBloombergPKO, Poland's largest bank, is bidding for 66 percent of Warsaw-based Zachodni, ... and more » [Link]
Posted 12 hours ago
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Gazprom Agrees to Double Azeri Gas Purchases in 2011BloombergOAO Gazprom will double natural-gas purchases from Azerbaijan next year as the ... and more » [Link]
Posted 12 hours ago
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Meteorologist Hyde Discusses Hurricane Season, Earl: VideoBloomberg3 (Bloomberg) -- Chris Hyde, a meteorologist at MDA EarthSat Weather, talks about Hurricane Earl, which passed off the Outer Banks of North Carolina and is ... [Link]
Posted 12 hours ago
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Washington Day Ahead: Obama Seeks Tax Breaks to Spur GrowthBloombergTODAY ON BLOOMBERG TV: Labor Secretary Hilda Solis appears at 9:35 am to talk about the unemployment rate; and Representative Mike Pence appears at 11:05 pm ... and more » [Link]
Posted 12 hours ago
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France, UK Look to Pool Defense Resources Including A400M to Save CostsBloombergThe defense ministers of France and the UK said they'll consider pooling equipment such as Airbus SAS ... and more » [Link]
Posted 12 hours ago
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Transneft Plans $2 Billion Arctic Link to Fill Asian PipelineBloombergOAO Transneft, Russia's oil pipeline operator, plans to build a link with OAO Lukoil, TNK-BP, ... and more » [Link]
Posted 12 hours ago
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Canada Banks' Alpha Platform Under Scrutiny by Regulators, Globe ReportsBloombergA Canadian financial regulator asked several bank-owned brokerages to clarify a recent “initiative” to switch ... and more » [Link]
Posted 12 hours ago
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Hungary Must Forego Stimulus to Fight Deficit, Economy Minister SaysBloombergHungary can't use fiscal stimulus to boost growth after the worst recession in 18 years because it must ... and more » [Link]
Posted 12 hours ago
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China to Launch Communications Satellite in `Next Few Days,' Xinhua SaysBloombergBy Bloomberg News - Fri Sep 03 10:28:32 GMT 2010 China will launch the 'SinoSat-6' satellite for radio and television broadcasting within the next few days, ... and more » [Link]
Posted 12 hours ago
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Asil Nadir UK Fraud Trial Unlikely to Be Before October 2011, Judge SaysBloombergPhotographer: Frantzesco Kangaris/Bloomberg Sept. 3 (Bloomberg) -- Bloomberg's John Cookson reports on the trial of Asil Nadir, the founder of Polly Peck ... and more » [Link]
Posted 12 hours ago
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SAP Sees `Limitless' Potential in Chinese Market, Co-CEO McDermott SaysBloombergBy Bloomberg News - Fri Sep 03 10:16:15 GMT 2010 SAP AG aims to make China “a second home” as local companies seeking management tools and real-time ... and more » [Link]
Posted 12 hours ago
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Franc Drops Versus Euro, Dollar as Stock Rally, US Jobs Cut Safety BidsBloomberg3 (Bloomberg) -- Nouriel Roubini, chairman and co-founder of Roubini Global Economics LLC, talks about the outlook for the global economy and the possible ... and more » [Link]
Posted 12 hours ago
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Company Bond Sales Jump to Month High in Europe as Low Costs Lure IssuersBloombergCompany bond issuance jumped this week after plummeting 61 percent last month to 21 billion euros, the slowest August since 2003, Bloomberg data show. ... and more » [Link]
Posted 12 hours ago
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New US Treasury Office May Unlock Secrets of Swaps and LoansBloomberg... the competition over who will be the head of the research office is a wonks-only affair, Bloomberg BusinessWeek reports in its Sept. 6 issue. ... [Link]
Posted 12 hours ago
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Vestas May Cut Forecasts a Third Time, Top-Ranked Investor SaysBloombergOvercapacity in the turbine industry is squeezing manufacturers' margins, Bloomberg New Energy Finance analyst Justin Wu said June 21. ... and more » [Link]
Posted 13 hours ago
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BIS's Cecchetti Says Higher Bank Capital Cuts Chance of CrisisBloombergForcing banks to raise their capital levels and liquidity reserves should cut in half the probability of ... [Link]
Posted 13 hours ago
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Copper Extends Gain in New York After US Jobs Report Signals More DemandBloombergThe median estimate of economists surveyed by Bloomberg News called for a gain of 40000. Overall employment fell 54000 for a second month and the ... and more » [Link]
Posted 13 hours ago
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NMDC May Buy Stakes in Potash One Project, Zimbabwe Rock Phosphate MineBloombergNMDC Ltd., Asia's third-biggest iron-ore producer, is considering investing in Potash One Inc.'s mining ... [Link]
Posted 13 hours ago
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Uganda Coffee Shipments Declined 18% to 217284 Bags in Month, Board SaysBloombergShipments from Oct. 1 through August fell 12 percent to 2503896 bags, according to a tally by Bloomberg News. Output in Uganda slumped from more than 4 ... [Link]
Posted 13 hours ago
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Ukraine May Revive Eurobond Sale If Investors Accept 7% Yield, Azarov SaysBloombergBy Daryna Krasnolutska and Kateryna Choursina - Fri Sep 03 09:56:31 GMT 2010 Ukraine may revive plans to sell Eurobonds this year if investors accept yields ... and more » [Link]
Posted 13 hours ago
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European Services, Manufacturing Growth Slows; Retail Sales Growth EasesBloombergA separate report showed retail sales rose 0.1 percent in July, less than the 0.2 percent median forecast of 20 economists in a Bloomberg News survey. ... and more » [Link]
Posted 13 hours ago
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Europe Commodities Day Ahead: Wheat Jumps as Russia Extends Ban on ExportsBloombergSugar futures may rise on speculation that global supplies are tightening, according to a Bloomberg survey. Palm oil futures advanced for a second day and ... and more » [Link]
Posted 13 hours ago
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US Stocks Advance After Employment Report Exceeds EstimatesBloombergPhotographer: Jin Lee/Bloomberg US stocks jumped, with the Standard & Poor's 500 Index gaining a fourth day, after private employers added more jobs than ... and more » [Link]
Posted 13 hours ago
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Nigeria's Power Industry Receives Interest From Brazil, China and GermanyBloomberg3 (Bloomberg) -- Nigerian Finance Minister Olusegun Aganga talks about preparations for elections next January and the government's plans to boost economic ... and more » [Link]
Posted 13 hours ago
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UK August Services Growth Slows More Than ForecastBloombergPhotographer: Chris Ratcliffe/Bloomberg UK services growth slowed more than economists forecast in August, suggesting Britain's economic recovery may be ... and more » [Link]
Posted 13 hours ago
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Debt Risk Heads for Biggest Drop in 11 Weeks in Europe After Jobs ReportBloombergThe median estimate of economists surveyed by Bloomberg News called for a private payroll gain of 40000. Total employment fell 54000 for a second month and ... and more » [Link]
Posted 13 hours ago
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Bank of China Said to Plan Sale of 5 Billion Yuan of Bonds in Hong KongBloombergBy Bloomberg News - Fri Sep 03 07:34:25 GMT 2010 Bank of China Ltd. will sell up to 5 billion yuan ($735 million) of two- and three-year yuan- denominated ... [Link]
Posted 13 hours ago
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South Africa's Public-Sector Strike Won't End Before Sept. 6, Cosatu SaysBloombergSouth African schools will remain shut and hospitals and courts disrupted until at least Sept. ... and more » [Link]
Posted 13 hours ago
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Anglo Unit Kumba Says Imperial's Sishen Rights Application Is `Fraudulent'BloombergKumba Iron Ore Ltd., a unit of Anglo American Plc, said an application by Imperial Crown Trading for a partial ... and more » [Link]
Posted 13 hours ago
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Swedish Coalition's Lead Narrows to 1.8% Over Opposition, Poll IndicatesBloombergThe Swedish government's lead over the opposition narrowed less than three weeks before Sept. ... and more » [Link]
Posted 13 hours ago
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Shanghai to Let Banks, Companies Use Offshore Yuan for Investment in TrialBloombergBy Bloomberg News - Fri Sep 03 09:16:42 GMT 2010 Shanghai will allow banks and companies based in the city to use offshore yuan for investment in a trial ... and more » [Link]
Posted 13 hours ago
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Singapore Airlines Names Goh as CEO, Replacing ChewBloombergPhotographer: Charles Pertwee/Bloomberg Goh, 47, will take charge on Jan. 1, according to a Singapore stock exchange statement today. ... and more » [Link]
Posted 14 hours ago
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Stocks Surge, Treasuries, Dollar Retreat on Jobs ReportBloombergPhotographer: Jin Lee/Bloomberg Sept. 3 (Bloomberg) -- Barry Knapp, chief US equity strategist at Barclays Capital Inc., talks about the US stock market and ... and more » [Link]
Posted 14 hours ago
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US Corporate Bond Sales Rise for First Time in 4 Weeks on Recovery SignsBloomberg20, according to data compiled by Bloomberg. Last month's sales of $102.4 billion were the most for any August since at least 1998. Issuance rose as reports ... and more » [Link]
Posted 14 hours ago
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Iranian Militia Detains Opposition Supporters on Quds Day, Al-Arabiya SaysBloombergMembers of Iran's Basij militia detained opposition supporters during Quds Day, ... and more » [Link]
Posted 14 hours ago
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UK Stocks Extend Winning Streak; BAE Systems, F&C Advance as Soco FallsBloomberg... after a 71000 increase in July, and the jobless rate climbed to 9.6 percent, according to the median estimate of economists surveyed by Bloomberg News. ... and more » [Link]
Posted 14 hours ago
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Safaricom of Kenya Advances Most in Two Weeks as CEO Reassures on MarginsBloombergSafaricom reported profit of 15.15 billion shillings ($190 million) in the year through March, and the median estimate of 10 analysts surveyed by Bloomberg ... and more » [Link]
Posted 14 hours ago
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French Stocks Advance; Neopost, SIPH, Total Shares Are Active in ParisBloomberg... were among the best performers today Stoxx Europe 600 Index. To contact the reporter on this story: Peter Evans in London at Pevans15@bloomberg.net. and more » [Link]
Posted 14 hours ago
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Asahi Kasei, Cookpad, Sumco, Tokyo Dome, Touei Housing: Equity PreviewBloombergThe following companies may have unusual price changes in Japanese trading on Sept. 6. ... [Link]
Posted 14 hours ago
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Tata Steel Said to Be in Talks to Borrow 3.5 Billion Pounds for UK UnitBloombergTata Steel Ltd., India's biggest producer of the alloy, is in talks with banks for 3.5 billion ... and more » [Link]
Posted 14 hours ago
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Asian Stocks Rise for Third Day on US Home Sales, Falling Jobless ClaimBloomberg2 (Bloomberg) -- John Vail, chief global strategist at Nikko Asset Management, talks about equity investment opportunities in Japan and the impact of the ... and more » [Link]
Posted 14 hours ago
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South Africa Equities Advance, Led by Anglo American, BHP Billiton and MTNBloombergSouth Africa's FTSE/JSE Africa All Share Index rose 101.91, or 0.4 percent, to 27942.89 in Johannesburg, ... and more » [Link]
Posted 14 hours ago
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ECB's Draghi Says `Fragile' Recovery Becoming More Broad-BasedBloombergPhotographer: SeongJoon Cho/Bloomberg European Central Bank council member Mario Draghi said that while the economic recovery is becoming more broad-based, ... and more » [Link]
Posted 14 hours ago
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Rand Rallies to More-Than 2 1/2-Year High as US Payrolls Beat ForecastsBloombergThe median estimate of economists surveyed by Bloomberg was for a gain of 40000. “The data shows there's enough job creation in the US to keep the economy ... and more » [Link]
Posted 14 hours ago
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Leu Weakens to 1 1/2 Month Low After Boc Ousts Finance, Economy MinistersBloombergIt declined the most among the more than 20 emerging-market currencies tracked by Bloomberg. Romanian President Traian Basescu signed off on Boc's firings, ... and more » [Link]
Posted 14 hours ago
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Edison Chief Quadrino Says He Sees No Sign of Gas Market Recovery in 2010BloombergEdison SpA Chief Executive Officer Umberto Quadrino said he sees no signs of a ... and more » [Link]
Posted 14 hours ago
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GE, Siemens, Vestas Back Call for Australia to Introduce Price on CarbonBloombergAustralia must introduce a price on carbon to give businesses the certainty needed to invest in clean energy ... and more » [Link]
Posted 14 hours ago
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Roubini Says Dollar, Yen, Swiss Franc May Beat Gold in Any New RecessionBloombergUS employment growth probably cooled in August and the expansion in the services industry slowed, according to Bloomberg News surveys for reports to be ... and more » [Link]
Posted 14 hours ago
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China Distiller's Grain Imports May Climb 12 Percent in 2010-11, CHS SaysBloombergBy Bloomberg News - Fri Sep 03 08:17:05 GMT 2010 China may increase imports of dried distillers' grains and solubles, a by-product of turning corn into ... and more » [Link]
Posted 15 hours ago
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Soco Falls After Nganga Well Finds Water-Bearing Sands in CongoBloombergSoco International Plc, a UK energy explorer in Africa and Southeast Asia, fell the most in 10 months ... and more » [Link]
Posted 15 hours ago
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Roche to Boost Productivity, Cut Costs After SetbacksBloombergRoche Holding AG, the world's biggest maker of cancer treatments, seeks to counter pressure to cut drug ... and more » [Link]
Posted 15 hours ago
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Options Signal Increasing Yen Intervention Concerns, Credit Agricole SaysBloomberg... rate is at 0.18 percent, with demand for calls exceeding demand for puts this week for the first time since about April, according to Bloomberg data. ... and more » [Link]
Posted 15 hours ago
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Enel to Halt Brindisi Sud Unit 3 Generator for Two Days Starting TomorrowBloombergThe generator has a capacity of 612 megawatts and burns coal and fuel oil to generate electricity, according to Bloomberg data. Terna publishes an outage ... [Link]
Posted 15 hours ago
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Croatian Minister Pledges to Complete Shipyard Sales, Meet EU RequirementBloombergCroatia repeated a pledge to sell its subsidized shipyards to fulfill one of the “main” requirements ... and more » [Link]
Posted 15 hours ago
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Crude Oil Futures Reverse Losses in New York After US Payroll ReportBloombergOil reversed earlier losses after data showed that US companies added more jobs than forecast in August, ... and more » [Link]
Posted 15 hours ago
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Pound Stays Near Lowest in Month Versus Dollar as Economic Recovery SlowsBloombergThe pound was near its lowest in more than a month against the dollar, headed for a fourth weekly loss, ... and more » [Link]
Posted 15 hours ago
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Odebrecht Sees Possibility of IPOs for Stadiums, Power Units, Fonseca SaysBloombergOdebrecht SA, a holding company operating in civil construction and chemicals, is considering forming ... and more » [Link]
Posted 15 hours ago
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Cipla of India May Acquire 25 Percent Stake in South Africa's Cipla MedproBloombergIndia's Business Standard newspaper reported the possible purchase today. Cipla doesn't own any shares in Cipla Medpro, according to data compiled by Bloomberg. and more » [Link]
Posted 15 hours ago
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Chavez to Liquidate Brokerages Seized in Venezuela's `Mafioso' CrackdownBloombergVenezuelan brokerages seized by the government will be permanently closed and probably liquidated by ... and more » [Link]
Posted 15 hours ago
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German 10-Year Bunds Decline as US Companies Add More Jobs Than ForecastBloombergPrivate payrolls that exclude government agencies climbed 67000, compared with the median estimate of economists surveyed by Bloomberg News which called for ... and more » [Link]
Posted 15 hours ago
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Aquino Takes Responsibility for Bus Siege That Killed 8 Hong Kong PeopleBloombergPhilippine President Benigno Aquino said today he takes full responsibility for the outcome of ... and more » [Link]
Posted 15 hours ago
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Robert Plant Revives Led Zeppelin's Ghost, Belts Out Blues on Tour: ReviewBloombergPhotographer: Paul Goguen/Bloomberg Robert Plant is back. The Led Zeppelin star is reviving the ghost of his old group and paying homage to Americana in one ... and more » [Link]
Posted 15 hours ago
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Copper in London May Pare Third Weekly Advance Before US Payrolls DataBloombergIn China, the purchasing managers' index rose more than forecast to 51.7 in August from 51.2 in July, beating a median estimate of 51.5 in a Bloomberg News ... and more » [Link]
Posted 15 hours ago
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Turkish Inflation Rate Rises to 8.3% on Food Prices, Ending 3-Month DropBloombergIt was forecast at 8 percent, according to the median estimate of four economists surveyed by Bloomberg. In the month, prices rose 0.4 percent. ... and more » [Link]
Posted 15 hours ago
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NTPC Awards a Two-Year Coal-Purchase Contract to State Trading of IndiaBloombergNTPC Ltd., Asia's second-largest power producer by market value, awarded a contract to import coal in ... and more » [Link]
Posted 16 hours ago
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BP's Gulf of Mexico Oil Spill Response Costs Rise to $8 BillionBloombergBP Plc said the cost of its response to the Gulf of Mexico oil spill, the worst in US history, ... and more » [Link]
Posted 16 hours ago
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Padoa Schioppa Sees Limit to Economic Stimulus Effectiveness, Sole SaysBloombergTommaso Padoa-Schioppa, a former Italian finance minister and central banker, is “convinced” there's a limit ... [Link]
Posted 16 hours ago
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Romanian Retail Sales Fall 8.6% From Year Earlier on Higher VAT, Wage CutsBloombergRomanian retail sales declined in July as an increase in the value-added tax and a reduction in public wages ... and more » [Link]
Posted 16 hours ago
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Indonesia Raises Banks' Reserve Ratio to Cool Inflation at 16-Month HighBloomberg3 (Bloomberg) -- Prakriti Sofat, an economist at Barclays Capital in Singapore, talks about the outlook for Indonesia's economy and central bank monetary ... and more » [Link]
Posted 16 hours ago
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Theolia Drops in Paris After Reporting Widening Losses, Dwindling of CashBloombergTheolia SA, the French wind-power company that raised cash this year to avert bankruptcy, fell the most in more ... and more » [Link]
Posted 16 hours ago
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Roubini Says Dollar, Franc to Beat Gold if Economy Slips Back to RecessionBloombergPhotographer: Giuseppe Aresu/Bloomberg Sept. 3 (Bloomberg) -- Nouriel Roubini, chairman and co-founder of Roubini Global Economics LLC, talks about the ... and more » [Link]
Posted 16 hours ago
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German Stocks Increase as DAX Index Extends Biggest Weekly Gain Since JulyBloombergThe decline has pushed the DAX close to its cheapest valuation relative to companies' reported earnings since 2008, according to data compiled by Bloomberg. ... and more » [Link]
Posted 16 hours ago
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ECM, Polimex, Slaski, TPSA, Bank Zachodni: Central Europe Equity PreviewBloombergThe following is a list of companies whose shares may have unusual price changes in central European ... and more » [Link]
Posted 16 hours ago
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Goldcorp Says Will Buy Andean Resources for About $3.4 BillionBloombergThere have been 290 gold deals worth $38.4 billion done this year, according to data compiled by Bloomberg. Bullion advanced to a record $1266.50 in June ... and more » [Link]
Posted 16 hours ago
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'Crocodile Dundee' Hogan Given Permission to Leave Australia By Tax OfficeBloombergPaul Hogan, the Australian actor best known for his “Crocodile Dundee” films has reached an agreement with ... and more » [Link]
Posted 16 hours ago
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European Stocks Climb as US Private Jobs Growth Tops ForecastBloombergPhotographer: Chris Ratcliffe/Bloomberg European stocks rose, with the Stoxx Europe 600 Index extending its biggest weekly gain since July, after companies ... and more » [Link]
Posted 16 hours ago
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China May Sell State Soybean Stockpiles to Refresh Supply, Curb Price GainBloombergBy Bloomberg News - Fri Sep 03 06:20:03 GMT 2010 China, the world's biggest soybean importer, may sell some of its state stockpiles to local crushers this ... and more » [Link]
Posted 16 hours ago
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Palm Oil Has First Weekly Gain in Three Weeks as Rival Soybean IncreasesBloombergPalm oil had its first week of gains in three after rival soybean oil rose on expectations that the US ... and more » [Link]
Posted 16 hours ago
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Merkel Bloc Gains to 32% in Poll as Coalition Partner FDP Unchanged at 5%BloombergGerman Chancellor Angela Merkel's Christian Democrats and their Christian Social Union affiliates gained a ... [Link]
Posted 16 hours ago
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German Soccer Clubs May Score $385 Million From Betting CaseBloombergPhotographer: Jason Alden/Bloomberg German soccer clubs may tap into revenue from the nation's 7.8-billion euro ($10 billion) betting market when the ... and more » [Link]
Posted 16 hours ago
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Italian Stocks Advance; Finmeccanica, Intesa, Pirelli Re, UniCredit MoveBloombergItaly's benchmark FTSE MIB Index advanced 227.58, or 1.1 percent, to 20639.86 at the 5:30 pm close in ... [Link]
Posted 16 hours ago
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China Feed Output May Double by 2020 as Livestock Demand Grows, Cofco SaysBloombergBy Bloomberg News - Fri Sep 03 06:18:11 GMT 2010 China, the world's biggest meat producer, may double its output of industrial animal feed in about 10 years ... [Link]
Posted 17 hours ago
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AmBev, Cyrela, Fabricato, Petrobras, Renner: Latin America Equity PreviewBloombergThe following companies may have unusual price changes in Latin American trading. ... and more » [Link]
Posted 17 hours ago
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Mozambique Riots Spread North, Protesters Injured in Clashes With PoliceBloombergMozambican police in the central city of Chimoio clashed with demonstrators who blocked ... and more » [Link]
Posted 17 hours ago
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Anglo American, Billiton, Northam May Move: South Africa Equity PreviewBloombergThe following stocks may rise or fall in South Africa. Symbols are in parentheses and prices are from the last ... and more » [Link]
Posted 17 hours ago
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Global Stocks Will Surge as `Bubble' in Bonds Bursts, Axa Framlington SaysBloombergA “bubble” in fixed-income markets is set to burst and will drive funds into stocks, according to Axa ... and more » [Link]
Posted 17 hours ago
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US Probes Mariner Fire in Gulf of Mexico That Sparked BP Spill Deja VuBloomberg2 (Bloomberg) -- Carl Larry, president of Oil Outlooks and Opinions LLC, talks with Bloomberg's Melissa Long about an explosion on a Mariner Energy Inc. ... and more » [Link]
Posted 17 hours ago
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Mayor Johnson to Deploy River Thames Ferries, Volunteers to Combat StrikeBloombergLondon Mayor Boris Johnson plans to use volunteers, extra buses and the River Thames to help commuters in ... and more » [Link]
Posted 17 hours ago
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French Local Authority Seeks to Block Eiffage's APRR Buyout, Tribune SaysBloombergA French local authority with shares in Societe des Autoroutes Paris-Rhin-Rhone is seeking to block its ... [Link]
Posted 17 hours ago
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Chinese Cooking-Oil Maker Says Cancer-Causing Chemical Found in ProductBloombergBy Bloomberg News - Fri Sep 03 05:42:19 GMT 2010 Jinhao Camellia Oil Corp., a Chinese maker of cooking oils, said about 42.5 tons of one of its products ... and more » [Link]
Posted 17 hours ago
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Crude oil may fall next week as US refineries perform seasonal maintenance ...BloombergBloomberg's survey of oil analysts and traders, conducted each Thursday, asks for an assessment of whether crude oil futures are likely to rise, ... and more » [Link]
Posted 17 hours ago
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Peso GDP Warrants Left Behind in Rally as Currency Sinks: Argentina CreditBloombergEconomists predict the peso will slide to 4.1 per dollar by year-end and to 4.5 by December 2011, according to the median of 12 forecasts in a Bloomberg ... and more » [Link]
Posted 17 hours ago
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India's Services Industry Expands at a Slower Pace in August, PMI ShowsBloombergThe HSBC Holdings Plc and Markit Economics purchasing managers' index fell to 59.3 from 61.7 in July, ... and more » [Link]
Posted 17 hours ago
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Rupee Set for Weekly Increase in India as Economic Growth Lures InvestorsBloombergThe rupee appreciated 0.5 percent from a week ago to 46.68 per dollar as of 10:45 am in Mumbai, according to data compiled by Bloomberg. ... and more » [Link]
Posted 17 hours ago
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Southern Sudan Buys Russian Helicopters Ahead of Planned Secession VoteBloombergCalls to Kazan's head office didn't connect when Bloomberg called and the company didn't immediately respond to an e-mailed request for comment. ... and more » [Link]
Posted 17 hours ago
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Liberia, Golden VerOleum Plan to Invest $1.6 Billion in Oil Palm ComplexBloombergGolden Agri-Resources Ltd., part of Indonesia's Sinar Mas Group, said the government of ... and more » [Link]
Posted 17 hours ago
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Asian Currencies Strengthen This Week, Led by Won, as Data Beat ForecastsBloombergThe won strengthened 1.7 percent this week to 1177.35 per dollar as of 1:48 pm in Seoul, according to data compiled by Bloomberg. ... and more » [Link]
Posted 18 hours ago
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Ex-Googler Lee Backs 12 China Firms to Foster Startup CultureBloombergThe software will be offered this year on mobile phones made by three manufacturers, Lee, 48, said in an interview with Bloomberg Businessweek.com. ... and more » [Link]
Posted 18 hours ago
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Emerging-Market Stocks Rise, Head for Best Weekly Gain in Six on US DataBloomberg... showed pending sales of existing US houses climbed 5.2 percent in July, compared with a 1 percent drop economists had estimated in a Bloomberg survey. ... and more » [Link]
Posted 18 hours ago
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Bullishness on US Stocks Jumps From 17-Month LowBloombergPhotographer: Andrew Harrer/Bloomberg Optimism about US stocks increased by the most since July as economic reports emboldened investors following three ... and more » [Link]
Posted 18 hours ago
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Gecina, Heurtey, Natixis, Neopost, Vinci, Vivendi: French Equity PreviewBloombergTo contact the reporters on this story: Heather Smith in Paris at hsmith26@bloomberg.net; Julie Cruz in Frankfurt at jcruz6@bloomberg.net. and more » [Link]
Posted 18 hours ago
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Bid Submission Deadline for Chhattisgarh Power Project Extended Third TimeBloombergIndia extended the deadline for submission of bids for a 4000-megawatt, coal-based power project in the state ... and more » [Link]
Posted 18 hours ago
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Warren Buffett, Bill Gates to Visit Beijing This Month, Observer ReportsBloombergBy Bloomberg News - Fri Sep 03 04:53:37 GMT 2010 Warren Buffett and Bill Gates will visit Beijing on Sept. 29, the Economic Observer reported, ... and more » [Link]
Posted 18 hours ago
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Asian Carp Risk May Maroon Chicago Boaters as Lake Michigan Lockout LoomsBloombergChicago's seasonal ritual of boat parades may be scuttled as five states ask a judge ... [Link]
Posted 18 hours ago
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Ten-Year Bonds Decline Before Indian Government's $2.6 Billion Debt SaleBloomberg... 8 percent and 8.10 percent over the next two weeks, he said. To contact the reporter on this story: V. Ramakrishnan in Mumbai at rvenkatarama@bloomberg.net. and more » [Link]
Posted 18 hours ago
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Most Stocks Advance in India on Growth Prospects, Sterlite, Infosys LeadBloombergBy Rajhkumar K Shaaw - Fri Sep 03 11:58:04 GMT 2010 Most Indian stocks rose, driving the benchmark stock index to a weekly gain, amid expectations local ... and more » [Link]
Posted 18 hours ago
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Soybean Imports by China May Climb 5.8% as Crush, Storage Capacity GrowsBloombergBy Bloomberg News - Fri Sep 03 04:12:50 GMT 2010 Soybean imports by China may advance as much as 5.8 percent in the 2010-2011 year as growing crushing and ... and more » [Link]
Posted 18 hours ago
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Most Young Japanese Workers Need Help From Their Parents to Pay The BillsBloombergMore than half of young Japanese workers need to rely on support from their parents or other sources to ... and more » [Link]
Posted 18 hours ago
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AvtoVAZ, Gazprom, Polyus Gold, Uralkali May Move: Russian Stocks PreviewBloombergThe following companies may be active in Russian trading. Stock symbols are in parentheses and share prices are ... [Link]
Posted 18 hours ago
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Djokovic, Sharapova Reach Third Round With Straight-Set Wins at US OpenBloombergNovak Djokovic and Maria Sharapova posted straight-set wins at the US Open to set up ... and more » [Link]
Posted 18 hours ago
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Blake Targets Djokovic at US Open After Matching Best Effort of 2010BloombergJames Blake said he'll be expecting strong support from the crowd at the US Open after advancing to a ... and more » [Link]
Posted 18 hours ago
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Formosa Petrochemical Restarts Mailiao Gasoline Unit Shut After Steam LeakBloombergFormosa Petrochemical Corp., Taiwan's only publicly traded oil refiner, restarted a gasoline- making unit at ... and more » [Link]
Posted 18 hours ago
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Arizona Sheriff, Batista, Telekomunikacja Polska, Madoff: in Court NewsBloombergA Thai court ruled that most of the 76 industrial projects halted last year because of pollution and licensing ... and more » [Link]
Posted 18 hours ago
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Lehman Brothers, AbitibiBowater, Black Crow, W Union Square: BankruptcyBloombergLehman Brothers Holdings Inc. said yesterday that it will invest another $1 billion in its two non- bankrupt ... and more » [Link]
Posted 18 hours ago
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Aussie Dollar Strengthens on Better-Than-Forecast US Employment ReportBloombergThe median estimate of economists in a Bloomberg survey called for a gain of 40000 private positions. Overall payrolls shed 54000 jobs, compared with a ... and more » [Link]
Posted 18 hours ago
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Yield Forecasts Tumble as Carney Prepares for Rate Meeting: Canada CreditBloomberg31, according to the weighted average of 7 estimates compiled by Bloomberg News. That's down from a July forecast of 2 percent, the survey showed. ... and more » [Link]
Posted 18 hours ago
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Leucadia Seeks to Rewrite Agreement With Bid to Block Note, Fortescue SaysBloombergFortescue Metals Group Ltd., Australia's third-biggest iron-ore producer, said shareholder Leucadia National ... and more » [Link]
Posted 18 hours ago
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Earl Upsets Travels, Weakens, on Way to New EnglandBloomberg3 (Bloomberg) -- Bloomberg's Tom Moroney talks about the situation on the Massachusetts coast as Hurricane Earl approaches. Earl, still a Category 1 storm ... and more » [Link]
Posted 18 hours ago
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Tourists Return to San Francisco, Leave Wallets ClosedBloombergPhotographer: Chip Chipman/Bloomberg San Francisco's $7.8 billion-a-year tourism industry, the city's largest private-sector employer, is recovering along ... [Link]
Posted 19 hours ago
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BlackRock Chosen by Insurance Regulators to Weigh CMBS RisksBloombergBlackRock Inc., the world's biggest money manager, was hired by state insurance regulators to ... and more » [Link]
Posted 19 hours ago
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GS Caltex Said to Plan 300 Billion Won Sale of 5-, 7-Year BondsBloombergGS Caltex Corp has 40 billion won of bonds due in November, according to data compiled by Bloomberg. The company paid 108 basis points when it sold ... [Link]
Posted 19 hours ago
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3Par's Venture Investors Reap $560 Million by Holding SharesBloomberg... public in 2007 and haven't been acquired, six still have all of their early funders on board, according to Bloomberg analysis of regulatory filings. ... and more » [Link]
Posted 19 hours ago
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Naked Short Sales, ECB Lending, PNM, Deutsche Post: ComplianceBloombergTrichet spoke after the ECB Governing Council set the benchmark lending rate at 1 percent for a 17th month, as predicted by all 57 economists in a Bloomberg ... [Link]
Posted 19 hours ago
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Airline Era Ends as Carriers Cull 50-Seat Jets `Nobody Wants'Bloomberg... 03 04:01:00 GMT 2010 A Bombardier Inc. CRJ-200 50-seat Delta Connection jet operated by SkyWest Inc. Source: SkyWest Inc. via Bloomberg The 50-seat jets ... and more » [Link]
Posted 19 hours ago
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Employment Probably Cooled as U.S. Slowdown Shook ConfidenceBloomberg2 (Bloomberg) -- Edward McKelvey, senior US economist at Goldman Sachs Group Inc., talks about the prospects for tomorrow's August US jobs report and ... [Link]
Posted 19 hours ago
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Android Portion of Free Apps Is Twice IPhone's, Researcher SaysBloombergGoogle Inc.'s Android application store has twice the proportion of free software as smartphone rivals Apple ... and more » [Link]
Posted 19 hours ago
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EBay, Facebook, Vivendi, GM, Ford: Intellectual PropertyBloombergEBay.com Inc.'s PayPal Unit was sued by an Israeli company for infringing a patent that covers ... [Link]
Posted 19 hours ago
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Treasury, Corporate Bonds Trail Build America, Tax-Free Returns in AugustBloombergBuild America Bonds and tax-exempt notes had their biggest gains in a year, as demand for municipal ... [Link]
Posted 19 hours ago
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BHP Pledge on Potash Corp. Jobs Would Secure Canada Approval, Lawyers SayBloombergBHP Billiton Ltd. would get Canadian approval for its $40 billion hostile bid for Potash Corp. of ... and more » [Link]
Posted 19 hours ago
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Coal Vessel Queue at Newcastle Port `Unacceptably Long,' Adding to CostsBloombergPort Waratah Coal Services Ltd., operator of two export terminals at Newcastle in Australia, said queues of ... [Link]
Posted 19 hours ago
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Beckham Eyes Sept. 11 Return After Six-Month Absence With Achilles InjuryBloombergDavid Beckham said he'll be ready to play for the Los Angeles Galaxy on Sept. 11 against the Columbus Crew ... and more » [Link]
Posted 19 hours ago
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Shimao Property to Pay Bondholders Restructuring Fee, Flags Hotel ListingBloomberg... cents on the dollar while its $350 million of 8 percent notes due in 2016 trade at 94.02 cents, according to Nomura Holdings Inc. prices on Bloomberg. ... and more » [Link]
Posted 19 hours ago
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Two Crazed Booth Brothers Guilty of Lincoln Murder in 'Moon': John SimonBloombergPhotographer: Carol Rosegg/Jim Randolph PR via Bloomberg Erik Heger and Margaret Copeland in "An Error of the Moon" in New York. The play is directed by Kim ... [Link]
Posted 19 hours ago
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Chemical Brothers Explode, Batali's Big Eataly, Happy Hooker: NY WeekendBloombergSource: Boneau/Bryan-Brown via Bloomberg The crowd and main stage at the Electric Zoo concert in New York. Masterful knob-twiddlers, the Chemical Brothers ... and more » [Link]
Posted 19 hours ago
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How Yale's Luce, Hadden Transformed News Business with Time: Lewis LaphamBloombergSource: Random House via Bloomberg Alan Brinkley is the Allan Nevins Professor of American History at Columbia University. His "Voices of Protest" won the ... [Link]
Posted 19 hours ago
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New Orleans Needs Scenic Canals, Not Billions in Levees: James S. RussellBloombergPhotographer: James S. Russell/Bloomberg A typical New Orleans drainage canal, looking north from South Claiborne Avenue in New Orleans. ... [Link]
Posted 19 hours ago
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Sugar Futures May Increase as Global Supplies Tighten, Trader Survey ShowsBloombergFive of nine traders, analysts and brokers surveyed by Bloomberg News said raw sugar traded in New York will rally. Two predicted a drop, and two said the ... and more » [Link]
Posted 19 hours ago
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Schnabel Urges Palestine Peace at Screening of 'Miral': ReviewBloombergSource: Venice Film Festival via Bloomberg Director Julian Schnabel shoots a scene from his movie "Miral" in front of a Palestinian orphanage in Jerusalem. ... and more » [Link]
Posted 19 hours ago
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Australia May Resume Raising Interest Rates in November, Goldman SaysBloombergAustralia's central bank may resume raising borrowing costs in November and could start as early as October, ... and more » [Link]
Posted 19 hours ago
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Yuan Rises Most in Two Weeks as Dollar Weakens on Signs Recovery on TrackBloombergBy Bloomberg News - Fri Sep 03 02:35:35 GMT 2010 The yuan rose the most in more than two weeks after the dollar fell against the euro and Asian currencies ... and more » [Link]
Posted 19 hours ago
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Barclays Said to Hire Pratt as Head of Asia Debt Capital Markets Ex-JapanBloombergBarclays Plc hired Jon Pratt as head of debt capital markets for Asia ex-Japan, according to a person ... and more » [Link]
Posted 19 hours ago
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Bank of Korea Governor Kim Urges Wider Global Cooperation on RegulationBloombergBank of Korea Governor Kim Choong Soo said more international cooperation is needed on crafting rules aimed ... and more » [Link]
Posted 19 hours ago
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China Push for New Zealand Land Prompts Farmers to Demand Reciprocal DealBloombergNew Zealanders should have the right to buy land in China if investors in the Asian country ... and more » [Link]
Posted 20 hours ago
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Gold Poised for Fifth Straight Weekly Gain on Economic Growth ConcernsBloombergGold holdings in 10 exchange-traded products tracked by Bloomberg fell 0.4 percent yesterday from a record. “Concern over a slowdown in the global economy ... and more » [Link]
Posted 20 hours ago
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Real Traders Defy Mantega as Currency Gains for Third Week: Brazil CreditBloombergThe real's 2.7 percent advance in the past three weeks is the biggest among 25 emerging-market currencies tracked by Bloomberg. “When you have Mantega out ... and more » [Link]
Posted 20 hours ago
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Dongfanghong Rises to Record as Satellite Navigation Cited in 5-Year PlanBloombergBy Bloomberg News - Fri Sep 03 02:51:41 GMT 2010 China Dongfanghong Spacesat Co. rose to a record, leading gains among satellite navigation stocks, ... [Link]
Posted 20 hours ago
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Emerging Stocks to Outperform as Faster Growth Lures Funds, JPMorgan SaysBloombergEmerging-market stocks may outperform for the rest of the year as below-trend growth and low inflation in ... and more » [Link]
Posted 20 hours ago
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New Zealand Carbon Market Remains at Low Volumes as Emitters Await CreditsBloombergThe spot price for emissions credits in New Zealand's carbon market remained unchanged at NZ$18.75 ($13.41) ... and more » [Link]
Posted 20 hours ago
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Asian Stocks, Won Rise on US Home-Sale Gain; Japan Bonds Extend DeclineBloomberg9 meeting, according to six out of eight economists in a Bloomberg News survey. Two forecast no change. The Philippine peso climbed 0.4 percent to 46.23 per ... and more » [Link]
Posted 20 hours ago
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Euro May Strengthen Versus Pound on Bullish Reversal: Technical AnalysisBloombergThe euro will strengthen to 82 pence by year-end, according to the median forecast of analysts in a Bloomberg News survey. Fibonacci analysis is based on a ... and more » [Link]
Posted 20 hours ago
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Wheat Advances as Russia Extends Export Ban, FAO Calls Emergency MeetingBloombergPhotographer: Alexander Zemlianichenko Jr/Bloomberg Wheat climbed after Russia, the third-largest grower last year, extended a ban on exports into next year ... and more » [Link]
Posted 20 hours ago
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Japan Suspends Iran Energy Investments, Freezes Assets in New SanctionsBloombergJapan said it is suspending new oil and gas investments in Iran and freezing the ... and more » [Link]
Posted 20 hours ago
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OGI Global's Bedwick Set to Double Macro Hedge Fund Assets to $100 MillionBloombergThe OGI Global Macro Fund, run by former Lehman Brothers Holdings Inc. proprietary trader ... and more » [Link]
Posted 20 hours ago
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Pangestu Says Indonesia Can Maintain Inflation Target: VideoBloomberg3 (Bloomberg) -- Indonesian Trade Minister Mari Pangestu talks about the outlook for the nation's economy. Indonesia's inflation rate climbed to the highest ... and more » [Link]
Posted 20 hours ago
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India DayAhead: Videocon May Sell Unit Stake; Steel Authority Sale BankersBloomberg... may surge by at least 38 percent after higher prices boosted planting and as rains improve yields, according to a survey by Bloomberg News. ... and more » [Link]
Posted 20 hours ago
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Denbury to Sell Encore Partnership Stake After Opting Against Asset DealBloombergDenbury Resources Inc. said it will sell control of Encore Energy Partners LP, part of last year's ... and more » [Link]
Posted 21 hours ago
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California Utilities Approved for 616 Megawatts of Solar DealsBloombergSouthern California Edison Co. and Pacific Gas & Electric Co. received approval from California regulators ... and more » [Link]
Posted 21 hours ago
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North Korea's First Congress in 30 Years May Yield Kim Jong Il SuccessorBloombergNorth Korea is preparing its biggest political gathering in 30 years, drawing parallels with the 1980 summit that ... and more » [Link]
Posted 21 hours ago
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National Aluminium May Invest $3.8 Billion to Buy Coal Mine in IndonesiaBloombergThe company is in talks with Indonesian firms, BL Bagra, director of finance at the Bhubaneswar-based National Aluminium, told Bloomberg UTV in an interview ... and more » [Link]
Posted 21 hours ago
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Videocon, DLF, Cipla, Reliance: India Stocks Preview (Correct)BloombergTo contact the reporter on this story: Anil Varma in Mumbai at Avarma3@bloomberg.net; Rajhkumar K Shaaw in Mumbai at rshaaw@bloomberg.net. and more » [Link]
Posted 21 hours ago
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Dollar Heads for Weekly Decline Against Euro, Yen Before Payrolls ReportBloombergUS payrolls fell by 105000 in August, after dropping by 131000 the prior month, according to a Bloomberg survey before the Labor Department report today. ... and more » [Link]
Posted 21 hours ago
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Basis Capital Swap Deal Is Australian, Can't Sue in US, Goldman SaysBloombergBasis Capital, an Australian hedge fund suing Goldman Sachs Group Inc. for $1 billion for losses related to ... and more » [Link]
Posted 21 hours ago
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Mirae Asset Favors Korean Banks, Insurers on Possible Interest Rate RiseBloombergThe won climbed 0.3 percent to 1180.90 per dollar in Seoul yesterday, according to data compiled by Bloomberg. The currency is the worst performer among the ... and more » [Link]
Posted 21 hours ago
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Korea's Won Headed for Best Week in Month on Growth Data, IMF StatementBloomberg6, to 1178.78 per dollar as of 9:50 am in Seoul, according to data compiled by Bloomberg. It gained 0.2 percent today. The currency, which has advanced 2.8 ... and more » [Link]
Posted 21 hours ago
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Copper in Shanghai Set to Advance to Pre-Lehman High: Technical AnalysisBloombergThe most-active contract is little changed this Photographer: Chris Rank/Bloomberg Copper futures in Shanghai may climb to 64000 yuan ($9412) a metric ton ... and more » [Link]
Posted 21 hours ago
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Sumitomo Plans to Boost Energy Assets by 50 Percent Amid Shale-Gas RushBloombergPhotographer:Tomohiro Ohsumi/Bloomberg Sumitomo Corp., Japan's third- largest trading company, plans to increase investments in energy assets by 50 percent ... and more » [Link]
Posted 21 hours ago
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Sukuk Trails Emerging Debt for Fourth Month as Trade Ebbs: Islamic FinanceBloombergGlobal sukuk sales fell 12 percent to $10.3 billion so far this year from a year earlier, according to data compiled by Bloomberg. Gulf issuance dropped 24 ... and more » [Link]
Posted 21 hours ago
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Pride International Says Seadrill Assets Are a Good Fit for ConsolidationBloomberg“I think it is a good fit, but it's all about a friendly transaction, about the right economics,” Thorkildsen told Bloomberg in an interview yesterday. ... [Link]
Posted 21 hours ago
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Home Prices in China to Decline Starting From September, BNP Paribas SaysBloombergBy Bloomberg News - Fri Sep 03 01:09:25 GMT 2010 China's home prices will decline from this month as the government maintains its lending curbs and ... and more » [Link]
Posted 21 hours ago
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Obama Stand Does Gay Americans No Favors: Commentary by Leslie Gabel-BrettBloombergPresident Barack Obama has a problem with the lesbian, gay, bisexual, transgender (LGBT) community: ... and more » [Link]
Posted 21 hours ago
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Niche-Market Madoff Duped Law Enforcement Agencies in Ponzi With a TwistBloomberg... Immigration and Customs Enforcement, and US Customs and Border Protection employees he was hired to teach, Bloomberg BusinessWeek reports in its Sept. ... and more » [Link]
Posted 22 hours ago
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American Jihadist's Haven May Be U.S. Courtroom: Commentary by Ann WoolnerBloombergIf any American deserves to be killed by his own government when far away from a traditional battlefield, ... and more » [Link]
Posted 22 hours ago
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Banks' Pay Practices Still Need Improvement, IIF Survey FindsBloombergBanks need to do more to align employee pay with risk-taking and have made little progress in meeting ... and more » [Link]
Posted 22 hours ago
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APA, Aquarius, BHP, Iluka, St. Barbara, Wesfarmers: Australia, N.Z. StocksBloombergBHP declined to comment on the report in an e-mailed response to a query from Bloomberg News. Rio Tinto Group (RIO AU), the world's third-biggest miner, ... and more » [Link]
Posted 22 hours ago
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Independent Windsor to Decide Next Week Whether to Back Gillard or AbbottBloombergTony Windsor, one of three independents who will decide who leads Australia, said he'll return ... and more » [Link]
Posted 22 hours ago
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Workers Pay 14% More for Health Insurance in 2010 to $4000 on AverageBloombergEmployees' average share of premium costs for family coverage is $482 more than last year. ... and more » [Link]
Posted 22 hours ago
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Westpac's Shugg Expects `Disappointing' U.S. Payrolls: VideoBloomberg3 (Bloomberg) -- James Shugg, a senior economist at Westpac Banking Corp., talks about the outlook for the US economy and the Labor Department's nonfarm ... and more » [Link]
Posted 22 hours ago
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Redwood Group to Raise Up to $600 Million for Tokyo Warehouse InvestmentsBloombergRedwood Group, the manager of about $1 billion of real-estate assets, plans to raise as ... and more » [Link]
Posted 22 hours ago
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Japan Starts Disposing of WWII Chemical Weapons Left in China, Asahi SaysBloombergJapan will start disposing of chemical weapons left behind by its army in China at the end of World War II, ... and more » [Link]
Posted 22 hours ago
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Asian Stocks Climb for a Third Day on Better US Home, Retail Sales DataBloomberg2 (Bloomberg) -- John Vail, chief global strategist at Nikko Asset Management, talks about equity investment opportunities in Japan and the impact of the ... and more » [Link]
Posted 22 hours ago
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Anglo American Seeks Coking Coal Assets in Russia, MongoliaBloombergThe business posted sales of $2.2 billion in 2009, about 9 percent of Anglo's total revenue, according to data compiled by Bloomberg. ... and more » [Link]
Posted 22 hours ago
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Nidec Falls in Osaka on Plan to Sell $100 Billion Yen of Convertible BondsBloombergNidec Corp., the world's biggest maker of disk-drive motors, fell to the lowest in more than two weeks in Osaka ... [Link]
Posted 22 hours ago
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BlackRock to Evaluate Commercial Mortgage Holdings for Insurance IndustryBloombergBlackRock Inc., the world's biggest money manager, was hired by state insurance regulators to assess the ... and more » [Link]
Posted 22 hours ago
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Locke Says U.S. Doesn't Want Trade Wars, Protectionism: VideoBloomberg3 (Bloomberg) -- US Commerce Secretary Gary Locke talks about the country's trade with China and other nations. China expressed "serious concern" over US ... and more » [Link]
Posted 22 hours ago
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Ozawa He Would Accept Judicial Panel Decision on Indictment, Kyodo ReportsBloombergBy Go Onomitsu - Fri Sep 03 00:19:35 GMT 2010 Ichiro Ozawa, Japanese Prime Minister Naoto Kan's opponent for party leadership, said he would accept the ... and more » [Link]
Posted 22 hours ago
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Secret EU Asset Freezes May Saddle Banks With New CostsBloombergPhotographer: Suzanne Plunkett/Bloomberg Clifford Chance Litigation Lawyer Helen Carty said, “It's like using a sledge hammer to crack a nut. ... and more » [Link]
Posted 22 hours ago
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Former Deutsche Telekom Security Head to Testify at Corporate Spying TrialBloombergBloomberg was unable to reach Kuehn for comment. The Bonn court and the prosecutors' office declined to provide lawyers' names. Deutsche Telekom started the ... [Link]
Posted 22 hours ago
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Luminant Sued by Sierra Club Over Coal-Fired Texas Power Plant's PollutionBloombergEnergy Future Holdings Corp. and its Luminant Generation unit were sued by the Sierra Club over pollution ... and more » [Link]
Posted 22 hours ago
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European Union to Overhaul Financial Supervision After `Milestone' AccordBloombergEuropean Union governments and lawmakers agreed to create new banking, securities and insurance supervisors ... and more » [Link]
Posted 22 hours ago
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Billionaire Dhoot's Videocon May Sell Majority Stake in Indian Phone UnitBloombergBillionaire Venugopal Dhoot's Videocon group may sell a controlling stake in its wireless unit to an ... [Link]
Posted 22 hours ago
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Japanese Stocks Advance for a Third Day Following US Data; Canon ClimbsBloomberg2 (Bloomberg) -- John Vail, chief global strategist at Nikko Asset Management, talks about equity investment opportunities in Japan and the impact of the ... and more » [Link]
Posted 22 hours ago
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Public Pension Fund to Sell $48 Billion of Assets to Fund Rising PayoutsBloombergIn contrast, the Nikkei 225 Stock Average has lost 14 percent, the second-worst performer after China in the world's 30 biggest stock markets, Bloomberg ... [Link]
Posted 22 hours ago
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Alfa Bank Rally Shows Fridman to Avoid Irking Bondholders: Russia CreditBloombergStep-up coupons are often tied to benchmark interest rates such as Treasury yields or the euro interbank offered rate, data compiled by Bloomberg show. ... and more » [Link]
Posted 22 hours ago
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Ryanair's O'Leary Ponders One-Euro Toilets, Standing PassengersBloomberg“Really, you only need one pilot,” he tells Bloomberg Businessweek in the Sept. 6 edition. “Let's take out the second pilot. Let the bloody computer fly it. ... and more » [Link]
Posted 22 hours ago
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Asian Stocks Rise for Third Day on US Home Sales, Falling Jobless ClaimsBloomberg2 (Bloomberg) -- John Vail, chief global strategist at Nikko Asset Management, talks about equity investment opportunities in Japan and the impact of the ... and more » [Link]
Posted 22 hours ago
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Japan's Ozawa Says Intervention in Markets to Weaken Yen a PossibilityBloomberg2 (Bloomberg) -- John Vail, chief global strategist at Nikko Asset Management, talks about equity investment opportunities in Japan and the impact of the ... and more » [Link]
Posted 23 hours ago
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Kumar Says HP's Offer for 3Par `Extremely Expensive': VideoBloomberg3 (Bloomberg) -- Ashok Kumar, senior technology analyst at Rodman & Renshaw LLC in New York, talks about Hewlett-Packard Co.'s agreement to buy 3Par Inc. ... and more » [Link]
Posted 23 hours ago
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Okada Says China Risks Losing Investment Over Business Rules, WSJ ReportsBloombergJapan's Foreign Minister Katsuya Okada said China risks losing foreign investment unless it makes business ... and more » [Link]
Posted 23 hours ago
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Japan May Raise GDP Estimate as Spending Drop EasedBloombergPhotographer: Tomohiro Ohsumi/Bloomberg Japan's economy probably grew more than three times the government's initial estimate, economists said after a ... and more » [Link]
Posted 23 hours ago
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Och-Ziff's Fund Assets Rose $200 Million on Investor Deposits in AugustBloombergOch-Ziff Capital Management Group LLC, the New York-based hedge-fund firm run by Daniel Och, ... and more » [Link]
Posted 23 hours ago
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Israel, Palestinians to Seek Compromises `Framework'BloombergPalestinian Authority President Mahmoud Abbas and Israeli Prime Minister ... and more » [Link]
Posted 23 hours ago
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Treasuries Poised for Weekly Gain on Speculation US Employers Cut JobsBloomberg24, according to data compiled by Bloomberg. The 0.375 percent security due August 2012 traded at a price of 99 3/4. The yield has fallen five basis points ... and more » [Link]
Posted 23 hours ago
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Dollar Heads for Two-Week Decline Versus Euro Amid Global Recovery SignsBloombergSales in the 16-nation euro area rose 0.2 percent in July, matching the previous month's gain, according to a Bloomberg News survey of economists ahead of ... and more » [Link]
Posted 23 hours ago
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Japanese Bonds Fall, Complete Biggest Weekly Loss Since 2008, on Ozawa BidBloombergJapanese bonds fell, completing the biggest weekly loss since May 2008, ... and more » [Link]
Posted 23 hours ago
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America's Cup Organizers Readying for High Winds of San Francisco BayBloombergOracle team CEO Russell Coutts said, “We've made big efforts in terms of the type of boat that will be chosen ... [Link]
Posted 23 hours ago
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Australian, Japanese Stock Futures Advance Following US Data; BHP ClimbsBloombergEconomists had expected a 1 percent drop, according to the median estimate in a Bloomberg survey. Same- store sales at 30 US retail chains probably rose 3.5 ... and more » [Link]
Posted 23 hours ago
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Samsung, Toshiba `Me-Too' Tablets Seek Price Edge to Fight IPadBloombergPhotographer: Michele Tantussi/Bloomberg Samsung Electronics Co. and Toshiba Corp. unveiled tablet computers in Berlin yesterday, aiming to take market ... and more » [Link]
Posted 23 hours ago
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Australia, New Zealand Dollars Set for Weekly Gain on Stocks, CommoditiesBloombergUS companies trimmed 105000 positions in August and the jobless rate increased to 9.6 percent from 9.5 percent in July, according to a Bloomberg News ... and more » [Link]
Posted 23 hours ago
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Australia's Services Industry Shrinks at a Slower Pace as Companies HireBloomberg... next week for a fourth straight month to support the economy on concern that global growth may be slowing, according to a Bloomberg News survey. ... and more » [Link]
Posted 23 hours ago
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South Korea Economy Expanded 1.4% Last Quarter on Chip, Electronic ExportsBloombergThe won climbed 0.3 percent to 1180.90 per dollar in Seoul yesterday, according to data compiled by Bloomberg. The currency touched 1177, the strongest ... [Link]
Posted 23 hours ago
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Chile to Use Oil Drill as Third Option to Rescue Miners, Segunda ReportsBloombergChile will use a drill owned by state oil company Empresa Nacional del Petroleo as a third option to rescue ... [Link]
Posted 23 hours ago
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Gold May Rise as Slowdown Spurs Investor Demand, Survey IndicatesBloombergThirteen of 18 traders, investors and analysts surveyed by Bloomberg, or 72 percent, said the metal will gain next week. Three forecast lower prices, ... and more » [Link]
Posted 23 hours ago
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China Day Ahead: Potash Approach; Newbridge Sells Ping An Insurance StakeBloombergBy Bloomberg News - Thu Sep 02 23:07:52 GMT 2010 Chinese investors approached Alberta Investment Management Corp., a Canadian pension fund, to consider a ... and more » [Link]
Posted 24 hours ago
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Twitter's Costolo Discusses Strategy, `Promoted Tweets': VideoBloomberg2 (Bloomberg) -- Dick Costolo, chief operating officer of Twitter Inc., speaks about the company's growth strategy and revenue from advertisers' "promoted ... [Link]
Posted 24 hours ago
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U.S. Technology Companies Go Shopping Aboard to Avoid TaxesBloombergThe eight largest technology companies are sitting on $300 billion in cash, according to data compiled by Bloomberg. C. Fritz Foley, an associate professor ... and more » [Link]
Posted 24 hours ago
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Owner of London's Regent Street Shortlists Bids for Asset StakeBloombergThe British monarchy's property manager has drawn up a shortlist of bidders for a 25 percent stake in Regent ... and more » [Link]
Posted 24 hours ago
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Bone Medicines May Increase Risk of Esophageal Tumors, Researchers FindBloombergA group of drugs used to prevent bone loss in osteoporosis patients may increase the risk of contracting ... and more » [Link]
Posted 24 hours ago
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Dancing Blahniks, Singing ATM, Shakespeare's Errors: Great London WeekendBloombergSource: Sadler's Wells Theatre via Bloomberg French dancer Sylvie Guillem. She is performing alongside choreographer Russell Maliphant and director Robert ... and more » [Link]
Posted 24 hours ago
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Record Russian Oil Premium Vanishes on Refinery Run Cuts: Energy MarketsBloombergPhotographer: Tamerlan Gamidov via Bloomberg Russian crude's unprecedented premium to North Sea Brent is vanishing as European refiners switch to ... and more » [Link]
Posted 24 hours ago
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Crude Oil Heads for Weekly Decline on Forecast for US Jobless IncreaseBloomberg... as analysts estimated the August payrolls report from the Labor Department may show the US economy lost 105000 jobs, according to a Bloomberg survey. ... and more » [Link]
Posted 24 hours ago
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Ford Settles With Minor Leaguer's Family After Losing VerdictBloombergThe total verdict is the eighth-largest jury award in 2010, according to data compiled by Bloomberg. It's the ninth biggest US verdict against an auto ... and more » [Link]
Posted 24 hours ago
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Stocks Rise to Extend Biggest S&P 500 Advance Since July: VideoBloomberg2 (Bloomberg) -- Bloomberg's Elizabeth Faublas reports on the performance of the US equity market today. US stocks rose, with the Standard & Poor's 500 ... and more » [Link]
Posted 24 hours ago
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APA, BHP, Caltex, Rio, Santos, Strike, Wesfarmers: Australia Stock PreviewBloombergBHP declined to comment on the report in an e-mailed response to a query from Bloomberg News. Rio Tinto Group (RIO AU), the world's third-biggest miner, ... [Link]
Posted 24 hours ago
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Cameron's Austerity Plan Makes UK Debts World BeaterBloomberg28, in line with the median forecast of economists surveyed by Bloomberg News, Labor Department figures showed yesterday in Washington. ... and more » [Link]
Posted 24 hours ago
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Mariner Put Trading Soars to Record After Gulf of Mexico Rig Catches FireBloomberg2 (Bloomberg) -- Carl Larry, president of Oil Outlooks and Opinions LLC, talks with Bloomberg's Melissa Long about an explosion on a Mariner Energy Inc. ... and more » [Link]
Posted 24 hours ago
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Malaysia Refrains From Raising Main Interest Rate as Global Rebound CoolsBloomberg... it said in a statement in Kuala Lumpur yesterday, a decision that was predicted by 15 of the 17 economists surveyed by Bloomberg News. ... and more » [Link]
Posted 24 hours ago
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Kokusai Buys Record World Bank Bonds in Hunt for Yields Beating TreasuriesBloombergJapan's 10-year bonds yield 1.11 percent, the least of 31 nations tracked by Bloomberg. “A year ago, a lot of Japanese investors were seeking Treasuries,” ... and more » [Link]
Posted 25 hours ago
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U.S. Commodities: Cotton Closes at Highest Price Since 1995BloombergThe UBS Bloomberg Constant Maturity Commodity Index advanced 0.8 percent to 1332.72. Cotton futures for December delivery rose 2.08 cents, or 2.4 percent, ... and more » [Link]
Posted 25 hours ago
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China Buying Australia by the Shipload Raises Cash, Outback IreBloombergAt street level, there is little evidence of ethnic tension, Bloomberg Businessweek reported. Chinese businesses are long-established in Australian cities ... and more » [Link]
Posted 25 hours ago
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Bloomberg's Burritt Reports on Earl From North Carolina: VideoBloomberg2 (Bloomberg) -- Bloomberg's Chris Burritt reports on the outlook for Hurricane Earl from Kitty Hawk, North Carolina. Winds of 50 mph to 60 mph, ... and more » [Link]
Posted 25 hours ago
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LinkedIn May Take Overseas Route to IPO With Focus on Ad SalesBloomberg30 (Bloomberg) -- Jeff Weiner, chief executive officer of LinkedIn Corp., talks about the online business-networking company's operations and prospects for ... and more » [Link]
Posted 25 hours ago
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Record Turkish Stock Prices Show Investors Bet `Yes' on Erdogan ReferendumBloomberg24. from Bloomberg News. “The referendum is a minor point to be considered,” said Mobius, who oversees about $34 billion as Singapore-based chairman of ... [Link]
Posted 25 hours ago
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Boring-Is-Sexy Credo Doesn't Help German Private Banks Dodge Tougher RulesBloombergGermany's private banks, which trace their roots back as far as the 16th century, ... and more » [Link]
Posted 25 hours ago
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US Highway Funds Have Greatest Effect on Rural States, Reason Study SaysBloombergSmaller, rural states with the least traffic congestion felt the impact of about $27 billion in US highway ... and more » [