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Jun 1, 2012

REUTERS World News, Jun 01, 2012

GLOBAL MARKETS-Investors stampede to safe govt debt, stocks drop
Reuters
... 23-mth low vs dollar * Oil falls below $100 a barrel * Stocks fall after sharpMay sell-off By Carolyn Cohn LONDON, June 1 (Reuters) - US Treasury yields hit their lowest in hundreds of years and world stocks dropped towards2012 lows on Friday, ...
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METALS-Copper hits 2012 low after bearish economic news
Reuters
COMEX copper's volume spiked above 100000 lots in late New York trade, more than a third above the 30-day norm, according to preliminary ThomsonReuters data. The intraday low of $3.30 on Friday was down nearly 18 percent from its February peak of $4.
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VOLTA FINANCE - INTERIM MANAGEMENT STATEMENT MAY 2012
Reuters
Dear Shareholders and Investors, Over the quarter, from the end of January2012 to the end of April 2012, the Gross Asset Value (the "GAV") of Volta Finance Limited (the "Company" or "Volta Finance" or "Volta") went from EUR140.2m or EUR4.53 per share, ...
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World stocks hit 2012 low
Reuters
| LONDON, June 1 (Reuters) - The MSCI world stock index hit its lowest levels this year on Friday, as investors fled riskier stockmarkets for the safety of government debt on worries about Spain's banks and the global economic outlook.
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Thomson Reuters-NPR Health Poll Finds More Americans Are Seeking Pricing ...
Sacramento Bee
By Thomson Reuters ANN ARBOR, Mich. and WASHINGTON, May 31, 2012-- /PRNewswire/ -- More Americans seek pricing information before receiving healthcare, and the results they find are influencing their choice of healthcare provider, according to the ...
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UPDATE 1 -Steelmakers lobby EU Commission for scrap export ban
Reuters
(Adds comment, changes details) By Silvia Antonioli ROME, June 1 (Reuters) - European steelmakers, including some top producers are pressuring the EU Commission to impose export restrictions on steel scrap from the EU to help preserve their domestic ...
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Vodafone CEO's pay hits 14 mln stg for 2012
Reuters
LONDON, June 1 (Reuters) - Vodafone Chief Executive Vittorio Colao will receive 14 million pounds in 2012 through a mix of salary, bonus and share options after steering the world's largest mobile phone operator through tough conditions to hit targets.
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Slowdown in India's foreign trade compounds economic woes
Reuters
... Ross Colvin and Manoj Kumar NEW DELHI, June 1 (Reuters) - A sharp slowdown in India's foreign trade added to the woes of Asia's third-largest economy and piled more pressure on the weak coalition government to take steps to boost economic growth.
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GLOBAL ECONOMY-China slowdown worsens amid signs US losing steam
Reuters
... 4th monthly decline in 2012 * US jobs data points to recovery losing momentum By Alex Richardson June 1 (Reuters) - China's slowdown worsened in May as its factories saw a further deterioration in demand at home and abroad, dealing a new blow to a ...
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GRAINS-Corn surges, rebounding from 1-1/2 year low
Reuters
* Corn headed for biggest daily gain in a month * Soy firm in bargain buying * Wheat at 2-week low, hit by improved supply outlook (Updates prices, adds new quotes) By Michael Hirtzer CHICAGO, June 1 (Reuters) - US corn futures jumped 3 percent on F ...
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Copper firmer, shrugs off China PMI data
Reuters
| SHANGHAI (Reuters) - London copper rose on Friday, supported by short covering after prices hit the lowest level of the year in the prior session and as investors had priced in disappointing Chinese manufacturing data in theworld's biggest consumer ...
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Saudi unlikely to cut soon despite oil under $100
Reuters
* Saudi able to handle sub-$100 a barrel oil * Riyadh seen unlikely to rush to cut back record output * Iran, exports falling, needs $117 crude to balance budget-IMF By Peg Mackey and Alex Lawler LONDON, June 1 (Reuters) - Oil's fall below $100 a ...
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China's official PMI retreats more than expected in May
Reuters
By Lucy Hornby and Nick Edwards | BEIJING (Reuters) - China's official purchasing managers' index fell more than expected to 50.4 in May, the weakest reading this year and down from April's 13-month high, in the latest sign that output in the world's ...
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Steelmakers lobby EU Commission for scrap export ban
Reuters
By Silvia Antonioli | ROME, June 1 (Reuters) - Some European steelmakers, including top producer ArcelorMittal, are pressuring the EU Commission to impose export restrictions on steel scrap from the EU to help preserve their domestic raw material ...
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World growth under threat as US employment sputters
MSN Money
By Pedro da Costa and Jonathan Cable WASHINGTON/LONDON (Reuters) - The world's economic outlook darkened on Friday as reports showed US employment growth slowing sharply, Chinese factory output barely growing and European manufacturing falling deeper ...
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CANADA FX DEBT-C$ hits 6-mth low, bond yields sink to record
Reuters
* C$ hits 6-mth low of C$1.0443 vs US$, or 95.76 US cents * Bond yields tumbled to record lows after weak US, Canada data * Traders raise bets of Bank of Canada rate cut by end of 2012 By Claire Sibonney TORONTO, June 1 (Reuters) - The Canadian dollar ...
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US economy weakens, unemployment rate rises to 8.2 percent (+video)
Christian Science Monitor
US employers added just 69000 jobs in May, the lowest number in a year. The economic slowdown is bad news for President Barack Obama ahead of the November elections. By Lucia Mutikani, Reuters / June 1, 2012 Job seekers gather for employment ...
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Christian Science Monitor
Brazil manufacturing falls for 2nd month in May
Reuters
* HSBC Brazil PMI at 49.3 in May, unchanged from April * Output, new orders decline, input costs rise * Job losses reported for second month in a row By Silvio Cascione SAO PAULO, June 1 (Reuters) - Activity in Brazil's struggling manufacturing sector ...
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African Markets - Factors to watch on June 1
Reuters
NAIROBI, June 1 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday. - - - - - EVENTS: Kenya - Markets closed for national holiday ...
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METALS-Copper steady after China data, eyes 5th weekly loss
Reuters
* Copper in longest weekly losing streak in two years * Weak China PMI underscores further economic slowdown * Coming Up: US nonfarm payrolls; 1230 GMT (Updates prices, adds comment, detail) By Carrie Ho SHANGHAI, June 1 (Reuters) - London copper ...
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PRESS DIGEST - Vietnam newspapers - June 1
Reuters
Reuters has not verified these stories and does not vouch for their accuracy. FINANCIAL NEWS: NHAN DAN - Loans by the banking system at the end ofMay are estimated to fall 0.2 percent from Dec. 31, 2011, the State Bank of Vietnam said.
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China slowdown worsens amid signs US losing steam
Reuters
By Alex Richardson (Reuters) - China's slowdown worsened in May as its factories saw a further deterioration in demand at home and abroad, dealing a new blow to a global economy struggling with a sharp downturn in Europe and a faltering recovery in the ...
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TABLE-India's Hero MotoCorp May sales up 11.3 pct y/y
Reuters
June 1 (Reuters) - India's Hero MotoCorp two-wheeled vehicle sales in May:May 2012 May 2011 Pct change TOTAL SALES 556644 500234 11.3 NOTE: Hero MotoCorp is the world's largest two-wheeled vehicle manufacturer. (Reporting by Anurag Kotoky in NEW DELHI ...
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Formula One joins other firms in hitting IPO brakes
Reuters
But Bernie Ecclestone, the sport's boss and a part-owner of the company, said in an interview with Reuters that Formula One was biding its time, not scrapping the IPO altogether, and that its bankers would continue to meet prospective investors.
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HK shares post 4th week of loss, China flat after PMI
Reuters
... Subhedar HONG KONG, June 1 (Reuters) - Hong Kong shares ended lower on Friday and suffered its fourth successive week of decline, as disappointing manufacturing data from China kept most cyclical sectors such as materials and mining companies weak.
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Olympics-London firms stumble over trademark hurdles
Reuters
By Avril Ormsby | LONDON, June 1 (Reuters) - Martyn Routledge first noticed businesses springing up in east London near the Olympic Park with the name "Olympic" on their shopfront 18 months ago during his daily bike ride to work.
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Dan Prairie Appointed Sales Engineer for Seismic Monitoring Services
Reuters
... by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement. Growing demand seen for broadband recording arrays to monitor local seismicity to ensure safe and uninterrupted oil and gas field operations May 31, 2012 ...
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Flowserve Announces New Capital Structure Strategy, Increases Share Repurchase ...
Reuters
DALLAS, May 31, 2012 - Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced that its board of directors today has endorsed an updated capital structure strategy ...
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NewsDaily: Wal-Mart directors get majority of investor votes
FAYETTEVILLE, Arkansas, June 1, 2012 (Reuters) — Growing concern over the past actions of Wal-Mart Stores Inc executives and board members threatens to cast a pall over the world's largest retailer's annual shareholder meeting and 50th ... May 22, 2012 (Reuters) — The second largest U.S. public pension fund said on Tuesday it plans to vote all of its Wal-Mart Stores Inc shares against the board in the wake of bribery allegations in Mexico that Wal-Mart officials failed to fully ...
NewsDaily: Business Headlines
Drug panics, bath salts, and face-eating zombies | Jack ... - Reuters
By Jack Shafer
Things like that don't happen everyday – not even in Miami – so quite naturally the horror story has been picked up by every flavor of media around the world. The most sensational – and I don't mean that in a good way – coverage came from ...
Jack Shafer
America's jobs crisis | Felix Salmon - Reuters
By Felix Salmon
Jun 1, 2012. 10:44 am EDT. Y. Obama. Lots 'o fuel for The Rom here. Idea for The Rom: Become a Librul – Spend, fix the world! Kill the O in November! Go down in history! Flip-Flop-ing? Been there, done that. I'm waiting for the call. Posted by ibilln | Report as abusive ... Sitting on record profits may be pathetic, or it might be strategic: there will be no further drops in the employment rate until Obama is out of office and the GOP is in control again. Posted by TJ6 | Report as abusive ...
Felix Salmon
XE.com - GLOBAL MARKETS-Turmoil reigns, investors pay to hold ...
News Providers: Thompson Financial, AP, XFN-Asia, Daily FX, Reuters Date format: yyyy-mm-dd. Refresh Articles. GLOBAL ... 2012-06-01 09:33 (UTC). By Carolyn Cohn. LONDON, June 1 (Reuters) - World stocks dipped anew on Friday after suffering their largest monthly fall for eight months in May and safe-haven government debt yields dropped to record lows on worries about the Chinese economy and Spain's parlous finances. With the euro zone debt signals flashing red again, ...
XE Forex News
Is America tipping toward a British system of government ... - Reuters
By Nicholas Wapshott
It is a mark of Elizabeth's benign demeanor and quiet charm that she will be celebrated not only in the 54 member states of the Commonwealth, the independent nations that were Britain's former colonies and dominions, but around the world, ...
The Great Debate
World leaders back Greece, vow to combat financial turmoil | Reuters
A look at the UK's most beautiful face Thu, May 10 2012 ... Related Video.Video ... CAMP DAVID, Maryland (Reuters) - World leaders backed keeping Greece in the ... after news of escalating bad loans raised the specter that rescuing Spain's ...
www.reuters.com/.../us-g8-summit-idUSBRE84H06F2012052...
Apple still dominates world's top brands: study | Reuters
(Reuters) - Apple has maintained its place as the world's most valuable brand over the ... International Space Station and heads back to Earth after a successful mission. Video ... A look at the UK's most beautiful face Thu, May 10 2012 ... "It's all pervading," Cooper told Reuters, "and there's a lot of excitement and new news.
www.reuters.com/.../us-brands-technology-apple-idUSBRE84...
Assad faces new international pressure after massacre | Reuters
AMMAN (Reuters) - President Bashar al-Assad faces renewed internationalpressure to end the ... The Facebook logo is seen in front of an escalator at the venue of a news ... Romney tells vets dangerous world demands powerful military ... Something does not compute with layoffs Thu, May 31 2012 ... Related Video. Video ...
www.reuters.com/.../us-syria-killings-idUSBRE84O14Q20120...
China urges world to give Annan's Syria plan time | Reuters
BEIJING (Reuters) - China on Thursday urged the world to give U.N.-Arab League envoy Kofi Annan's peace plan for ... The Facebook logo is seen in front of an escalator at the venue of a news ... Seattle shooting "hero" threw stools at gunman: police | Video ... Something does not compute with layoffsThu, May 31 2012 ...
www.reuters.com/.../us-china-syria-idUSBRE84U0EM201205...
Romney tells vets dangerous world demands powerful ... - Reuters
SAN DIEGO, California (Reuters) - Presumptive Republican presidential nominee Mitt ... to the American people his conviction that the world is a dangerous place, and the. ... Something does not compute with layoffs Thu, May 31 2012 .... Thomson Reuters is the world's largest internationalmultimedia news agency, ...
www.reuters.com/.../us-usa-campaign-romney-idUSBRE84R0...
U.S. tourists freed unharmed in Sinai | Reuters
CAIRO (Reuters) - Two U.S. tourists were released unharmed in the Sinai Peninsula on Thursday, a day after being ... The Facebook logo is seen in front of an escalator at the venue of a news ... Romney tells vets dangerousworld demands powerful military · 153 ... A look at the UK's most beautiful face Thu, May 10 2012 ...
www.reuters.com/.../us-egypt-sinai-kidnapping-idUSBRE84U...
OECD fears euro woe to snap brittle world recovery | Reuters
PARIS (Reuters) - The United States and Japan are leading a fragile developed ... A look at the UK's most beautiful face Thu, May 10 2012 ... A quick-fix on the day's news published with Reuters videos and award-winning news photography ...
www.reuters.com/article/.../us-oecd-idUSBRE84L0AP201205...
Syrian diplomats expelled over Houla killings | Reuters
(Reuters) - France and Australia threw out Syrian diplomats from their capitals on Tuesday and other ... A look at the UK's most beautiful face Thu, May 10 2012 ...
www.reuters.com/.../us-syria-crisis-world-idUSBRE84S0KI20...
RPT-Westfield sees 2015 opening for World Trade Center ... - Reuters
By Ilaina JonasLAS VEGAS, May 21 (Reuters) - The first shops could throwopen their doors in the redeveloped World Trade Center by March2015, Australian mall operator ... A look at the UK's most beautiful face Thu, May 10 2012 .... Thomson Reuters is the world's largest international multimedianews agency, providing ...
www.reuters.com/.../westfield-worldtradecenter-idUSL1E8GM...
Developing rule of law critical for China, says blind activist | Reuters
(Reuters) - The biggest challenge for China's next leaders is confronting a lawless police state ... A look at the UK's most beautiful face Thu, May 10 2012 ...
www.reuters.com/.../us-china-dissident-chen-idUSBRE84T06T...
Six blasts across Baghdad kill at least 17 | Reuters
BAGHDAD (Reuters) - Six explosions hit neighborhoods across Baghdad on Thursday, killing at ... The Facebook logo is seen in front of an escalator at the venue of a news ... Romney tells vets dangerous world demands powerful military ... A look at the UK's most beautiful face Thu, May 10 2012 ... RelatedVideo. Video ...
www.reuters.com/.../us-iraq-violence-idUSBRE84U0EF20120...
Electronic tennis racket makes world debut | Reuters
PARIS (Reuters) - A tennis racket stuffed with electronic sensors capable of tracking a ... A look at the UK's most beautiful face Thu, May 10 2012 ....Thomson Reuters is the world's largest international multimedia newsagency, ... stock market, and mutual funds information available onReuters.com, video, mobile, and ...
www.reuters.com/.../us-tennis-babolat-idUSBRE84N16P20120...

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