lunes, 31 de mayo de 2010

Business Today: Euro inches up while stocks remain flat after warning

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Good Morning Aron, MON 31 May 2010 
 
Euro inches up while stocks remain flat after warning
China warns debt woes threaten global recovery
Three BP fuel oil traders in U.S. quit
May retail sales seen up but spending erratic
Bernanke, Trichet see key emerging economies role
Buffett, Moody's CEO rate a date on market crisis
Hitachi outlines $11 billion spend on key businesses
Strike-hit Honda sees little progress on China output
China's Wen: global economy double-dip possible
Union warns British Airways of further strikes


Euro inches up while stocks remain flat after warning
May 31, 2010 05:43 AM ET
LONDON (Reuters) - The euro steadied from recent falls and world stocks were becalmed on Monday with a Chinese warning about risks to global growth and a downgrade of Spain's credit heightening investor caution in holiday-thinned trade.

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China warns debt woes threaten global recovery
May 31, 2010 04:17 AM ET
TOKYO (Reuters) - China warned on Monday that Europe's struggle to contain ballooning debt posed a risk to global economic growth, raising the specter of a double-dip recession.

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Three BP fuel oil traders in U.S. quit
May 31, 2010 06:48 AM ET
SINGAPORE (Reuters) - Resignations from BP Plc's fuel oil team have extended globally, with the departure of three traders from its U.S. office, including the team leader, and the head trader in London, three industry sources said on Monday.

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May retail sales seen up but spending erratic
May 31, 2010 08:22 AM ET
DETROIT (Reuters) - Retailers are expected to show a sizable increase in sales for the month of May, but erratic trends of consumer spending could grow more pronounced over a seasonally weaker period for shopping.

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Bernanke, Trichet see key emerging economies role
May 30, 2010 09:53 PM ET
SEOUL (Reuters) - The heads of the Federal Reserve and the European Central Bank on Monday both singled out emerging economies as key to global financial stability.

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Buffett, Moody's CEO rate a date on market crisis
May 30, 2010 02:06 PM ET
NEW YORK (Reuters) - Legendary investor Warren Buffett appears this week before a commission searching for the causes of the 2008 financial crisis, to provide his assessment on the role a much-maligned credit rating industry played.

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Hitachi outlines $11 billion spend on key businesses
May 31, 2010 04:45 AM ET
TOKYO (Reuters) - Hitachi Ltd , Japan's largest electronics maker, will focus investments on infrastructure-related businesses such as power plants as it seeks to more than double its profit over the next three years.

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Strike-hit Honda sees little progress on China output
May 31, 2010 07:32 AM ET
FOSHAN, China/TOKYO (Reuters) - Workers at a strikebound Honda Motor parts factory in southern China pressed on with a drive to win higher wages on Monday even as the Japanese carmaker lured some back to partially resume production.

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China's Wen: global economy double-dip possible
May 31, 2010 04:21 AM ET
TOKYO (Reuters) - Chinese Premier Wen Jiabao warned on Monday that global economic growth remained vulnerable to sovereign debt risks and the possibility of a second downturn, but said his own nation's growth remained on track.

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Union warns British Airways of further strikes
May 31, 2010 06:26 AM ET
LONDON (Reuters) - British Airways could face even more strike disruption this summer unless it resolves a dispute with cabin crew over travel perks, the co-leader of Britain's biggest union Unite said on Monday.

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