Business Today: Libya turmoil boosts oil, restrains equities

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	02/21/2011
Good Morning Aron LATEST NEWS Libya turmoil boosts oil, restrains equities LONDON (Reuters) - Oil prices charged to a fresh 2-1/2 year high Monday as traders eyed increasing violence in major producer Libya, feeding fears about rising inflation and unsettling other markets. | Full Article BP partners India's Reliance in $7.2 billion oil tie-up February 21, 2011 07:56 AM ET LONDON/NEW DELHI (Reuters) - BP is making one of the biggest foreign direct investments in India to date with a $7.2 billion tie-up with Reliance Industries to explore for deepwater oil and gas. | Full Article Diageo raises its spirits with Turkish deal February 21, 2011 07:43 AM ET LONDON (Reuters) - Diageo Plc, the world's biggest spirits maker, agreed on Monday to buy raki spirits maker Mey Icki for 1.3 billion pounds ($2.1 billion) in cash to give it access to the fast-growing Turkish market. | Full Article Oil majors stall Libya drilling, majors remove staff February 21, 2011 08:31 AM ET LONDON (Reuters) - Wintershall, the oil and gas exploration arm of BASF, prepared to shut down its output in Libya and fly out international staff as violence spread in Africa's third-largest oil producer. | Full Article Japan government upgrades econ view on signs lull is over February 21, 2011 08:08 AM ET TOKYO (Reuters) - Japan's government upgraded its assessment of the economy in February for a second consecutive month on mounting evidence that export demand and industrial production are pulling the economy out of a lull. | Full Article US TOP NEWS Dozens reported killed in Tripoli unrest February 21, 2011 08:19 AM ET TRIPOLI (Reuters) - Dozens of people were reported killed in Tripoli overnight as anti-government protests reached the Libyan capital for the first time and the building where the country's parliament meets was ablaze. | Full Article Government shutdown threat looms over budget fight February 21, 2011 07:33 AM ET WASHINGTON (Reuters) - Senior Senate Democrats slammed Republicans on Sunday for a "reckless" threat to shut down the government amid deepening political posturing on both sides over federal spending and the budget deficit. | Full Article Wisconsin Gov. says Democrats failed to do their job February 20, 2011 10:17 PM ET MADISON, Wisconsin (Reuters) - Thousands of demonstrators converged on the Wisconsin state capital on Sunday to oppose a bid to reduce public employee union bargaining power, marking the start of a second week of growing protests with threats of wider dissent ahead. | Full Article Britain's Cameron first leader to visit new Egypt February 21, 2011 06:35 AM ET CAIRO (Reuters) - British Prime Minister David Cameron on Monday became the first foreign leader to visit Egypt since the downfall of Hosni Mubarak which electrified the Middle East and forced the West to rethink its policies in the region. | Full Article First U.S. drone attack in Pakistan in weeks kills 7 February 21, 2011 02:55 AM ET DERA ISMAIL KHAN, Pakistan (Reuters) - A U.S. drone strike killed at least seven people on Monday in a tribal region along Pakistan's western border, local officials said, the first such attack in a month as a diplomatic feud strains U.S.-Pakistani ties. | Full Article HEALTH NEWS Many stick with fast food after heart attack: study Repealing healthcare law would cost $210 bln: CBO Alcohol linked to complications after joint surgery Elderly women on bone drugs may live longer Stretches before running have no impact on injury RELATED VIDEO Hyundai in rare earth supply move Japan lender heir wins $2.4bln Bahrain protesters take back Pearl Square A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH Toads in the road bode ill for Freiburg fans Full Article Australian city to expel 22,000 bats from downtown gardens - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend