Hints and tips:
...Regional currencies lost ground as the US dollar was firmer and oil edged lower....
...The dollar index tracking the US currency against a basket of peers was flat at 93.515. Oil prices were pulling back from gains made in the previous session....
...London’s FTSE 100 is up 0.1 per cent to 7,558, also in line for another record close, and helped by strength in energy shares as oil prices recover some ground....
...Intraday It’s Day Two of the G7 summit in Germany and a peace deal for Ukraine and Greece’s ongoing bailout and financing drama have been top of the agenda for leaders from the Group of Seven countries....
...“According to the latest International Transactions data, the foreign currency earnings of US multinational enterprises’ foreign affiliates fell by more than 7 per cent in the fourth quarter, when the dollar...
...will test investor hopes for a pick-up in the U.S. and global economies… Bulls are hoping to see evidence of an economic rebound in the United States in this week’s busy calendar of data that includes the...
...(WSJ) “Kellogg said Monday that it will cut about 2,000 jobs, or 7% of its global workforce, over the next four years as part of a billion-dollar cost-cutting plan.”...
...in a restive district in the state of Uttar Pradesh where at least 26 people, including a television camera man and a police photographer, were killed in a weekend of deadly communal riots between Hindus...
...(Bloomberg) Private investors have flocked to buy shares in Royal Mail, with 700,000 individual applications leaving the retail offer seven times subscribed in an echo of the privatisation frenzies of the...
...(Reuters) State of emergency declared in Egypt; scores dead: “Egypt’s security services on Wednesday stormed two Cairo protest camps housing thousands of Islamists, killing scores and igniting a wave of...
...(Bloomberg) China to invest in £650m Manchester project: The state-owned Industrial and Commercial Bank of China will invest in a new £650m business district at Manchester airport in a deal the government...
...One segment of the market (Open U, U of Phoenix, et al) specialise in delivering online courses for large audiences....
...Thank you, God bless you, and God bless the United States of America....
...durability – it looks like a little stub compared to the current one. 10.37am From Arash Massoudi on the FT’s markets team: On Wall Street, Apple shares fluctuated as much as $7 dollars in a matter of...
...http://www.bloomberg.com/news/2012-05-13/saudi-s-al-naimi-says-brent-oil-should-drop-to-100-a-barrel.html China, Japan and S Korea in free trade talks China, Japan and South Korea agreed at a summit on...
...over toxic spill in Xinhua China detained seven people in connection with a toxic metal spill in Guangxi province that contaminated a tributary of the Pearl River and threatened water for 1.5 million people...
...Venezuela to sell $3bn of bonds Venezuela will offer $3bn of bonds in the local market, swelling dollar debt sales this year to $7.2bn, as the country seeks to finance spending and meet investor demand...
...The fact that nearly three-quarters of all $100 bills circulate outside the United States attests to the dollar’s dominance of this dubious realm....
...CFM International, one of the world’s major aircraft engine makers, is a joint venture between Snecma — a subsidiary of Safran Group of France — and General Electric of the United States....
...The rise of the single currency, which was up 0.8% to $1.3732, has pushed the dollar index down 0.5% at 77.60, but haven currencies are generally in demand....
...Mexican central bank buys 100 tonnes of gold The central bank of Mexico bought nearly 100 tonnes of gold in February and March, the latest emerging market country to turn to bullion as a means of diversifying...
...banks and debt crisis: The overall picture is: Very limited direct exposure, a lot more capital in the system, a much stronger and more resilient financial system in the United States....
...“With much of the economic and policy cycle now largely priced in, markets are trading at fair value,” said Michael Ryan, head of Americas research at UBS Wealth Management....
...In general, however, analysts caution that bank-related risks to the correction are not significant, given what markets have been seeing in earnings reports from JP Morgan Chase and Bank of America....
...The overall losses in Europe follow heavy falls in Asia. Exporters in Tokyo were lower as the relative safe-haven appeal of the yen boosted the currency against the dollar....
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