REUTERS News, Aug 18, 2011

Biden

GLOBAL MARKETS-Global stocks falter, oil gains on gasoline Reuters By Herbert Lash NEW YORK, Aug 17 (Reuters) - World equities faltered on Wednesday, dashed by a downturn in US technology stocks and a return of investor skittishness after Swiss measures to halt the franc's rise frustrated investors seeking harsher ... See all stories on this topic »

Gold expected to shrug off Q2 demand dip-WGC Reuters By Jan Harvey LONDON, Aug 18 (Reuters) - Gold demand fell in the second quarter but is still expected to rise in the full year as Asian buyers add to holdings and interest in the metal as a haven is stoked by worries over US and euro zone debt, ... See all stories on this topic »

GLOBAL MARKETS-Global stocks rise on US earnings, oil gains Reuters By Herbert Lash NEW YORK, Aug 17 (Reuters) - World equities rose on Wednesday, lifted by strong outlooks and results from US retailers, while crude oil gained on a larger-than-expected decline in US gasoline supplies. The earnings reports from consumer ... See all stories on this topic »

HK shares seen lower on global growth woes Reuters HONG KONG Aug 18 (Reuters) - Hong Kong shares were set to slip on Thursday morning in line with other Asian indices, but declines could be capped on hopes that the territory's markets will see more investment flows from mainland Chinese investors. ... See all stories on this topic »

PRECIOUS-Gold edges up on growth fear; defies firm dollar Reuters By Rujun Shen SINGAPORE, Aug 18 (Reuters) - Gold edged higher on Thursday on persistent worries about euro zone debt woes and slower global growth, defying a rebound in the dollar. Reflecting the anxiety in financial markets, safe haven currency the ... See all stories on this topic »

Japan corporate mood up despite yen worry - Reuters Tankan Reuters India But fears of a global slowdown and a surging yen weigh on the outlook for exporters of cars and precision machinery, threatening to derail the export-led economy's recovery after it was tipped into recession by the March disaster. The Reuters Tankan ... See all stories on this topic »

Lenovo Q1 profit almost doubles, beating estimates Reuters By Lee Chyen Yee HONG KONG, Aug 18 (Reuters) - Lenovo Group Ltd , the world's No.3 PC brand, on Thursday reported a near doubling of its first-quarter net profit as it captured more market share in key markets, but global uncertainties are weighing on ... See all stories on this topic »

Japan corp mood up but exports slow as yen bites Reuters By Rie Ishiguro and Tetsushi Kajimoto TOKYO, Aug 18 (Reuters) - Japan's business mood improved in August and is expected to brighten further as manufacturers restore output to pre-disaster levels, aReuters poll showed, but a rising yen and slackening ... See all stories on this topic »

EMERGING MARKETS-Latam stocks rise, rebound reaches key levels Reuters By Michael O'Boyle MEXICO CITY, Aug 17 (Reuters) - Latin America stocks rose on Wednesday, fighting to maintain their recovery from a recent rout, after strong results from US retailers that helped calm worries about another recession in the United ... See all stories on this topic »

HP's CEO needs to convince wary Wall Street Reuters China's Lenovo Group Ltd , the world's No.3 PC brand, joined rivals in flagging concerns about the impact on demand from the weak global economy and euro zone debt crisis, overshadowing a near doubling in first quarter profits. ... See all stories on this topic »

Analysis - Emerging debt a scant refuge from credit storm Reuters By Sebastian Tong LONDON (Reuters) - Credit rating downgrades in the United States and Europe may have thrown into sharp relief the improving quality of emerging debt but as a shelter from the credit storm now buffeting global markets, the asset class ... See all stories on this topic » Reuters

Australia's Foster's rejects SABMiller bid, again Reuters By Miranda Maxwell MELBOURNE (Reuters) - Australian brewer Foster's (FGL.AX) rejected a $10 billion offer from rival SABMiller (SAB.L) for the second time as shareholders hold out for a better offer from the global brewing giant. ... See all stories on this topic » Reuters

Chavez to nationalize Venezuelan gold industry Reuters By Daniel Wallis and Louise Egan CARACAS (Reuters) - Venezuela will nationalize its gold industry and is moving its international reserves out of Western countries, President Hugo Chavez said on Wednesday in a combative step ahead of his re-election ... See all stories on this topic » Reuters

INSIGHT-China's exporters feel the pain of shoppers in Europe, US Reuters ... nastier in the global economy for exports to start to contract." China is also helped by strong domestic consumption, which will help shield growth in the world's second-largest economy, Arthur Kroeber of GaveCal Dragonomics told Reuters Insider. ... See all stories on this topic »

Indian shares snap 3-day losing streak; gains seen short-lived Reuters By Devidutta Tripathy NEW DELHI, Aug 17 (Reuters) - Indian shares rose 0.7 percent on Wednesday, snapping a three-day losing streak, as investors hunted for bargains in a market that is among the world's worst performers this year, although concerns ... See all stories on this topic »

Indian shares to fall on Asian cues; Idea watched Reuters MUMBAI Aug 18 (Reuters) - Indian shares are likely to open lower on Thursday, tracking weak Asian peers dragged down by lingering worries about the health of the global economy. Shares in Idea Cellular will be watched after Malaysia's Axiata bought 0.9 ... See all stories on this topic »

Perry's skepticism over global warming strikes a nerve MiamiHerald.com "I believe the world is getting warmer, and I believe that humans have contributed to that," Romney said at a New Hampshire event in June, according to Reuters. While most climate scientists believe that climate change is real and that fossil fuel ... See all stories on this topic »

Analysis: Fed may have bullets left, but are they blanks? Reuters Economists polled by Reuters now expect the economy to grow at just a 1.7 percent rate in 2011, well below the Fed's June forecasts of 2.7 to 2.9 percent. Including QE2, which ended in June, the Fed has spent some $2.3 trillion in recent years to ... See all stories on this topic » Reuters

Philippines - Market factors to watch - Aug 18 Reuters Africa MANILA, Aug 18 (Reuters) - Here are news stories and press reports which may influence local financial markets on Thursday: WHAT IS HAPPENING TODAY IN THE PHILIPPINES - National Agriculture and Fisheries Credit Summit 2011, Century Park Sheraton Hotel, ... See all stories on this topic »

Brazil June activity down, first time since 2008 Reuters By Brad Haynes SAO PAULO, Aug 17 (Reuters) - Brazil's economic activity fell in June for the first time since 2008, adding to worries Latin America's biggest economy could slow more than was hoped for. The central bank's IBC-Br economic activity index ... See all stories on this topic »

Insight: Man Utd's planned IPO marries sense and sentiment Reuters By Ossian Shine SINGAPORE (Reuters) - Much more than a case of raising funds where cash is plentiful, English soccer club Manchester United's plan to seek $1 billion on Singapore's stock market is a marrying of financial sense and global supporter ... See all stories on this topic » Reuters

Europe, US accused of stalling UN disease talks Reuters Africa By Kate Kelland LONDON Aug 18 (Reuters) - A global health group on Thursday accused the United States, Canada and Europe of harming efforts to fight cancer, diabetes, heart and other diseases because they will not agree to set United Nations targets. ... See all stories on this topic »

Exclusive: SEC says no plans to force delay of country ratings Reuters By Andrea Shalal-Esa and Sarah N. Lynch WASHINGTON (Reuters) - US securities regulators do not plan to follow a European proposal that would force credit rating agencies to give countries a three-day notice about a rating change because the regulators ... See all stories on this topic »

GRAINS-US wheat falls from 2-month top; corn, soy ease Reuters Africa Analysts said there was additional pressure on the wheat market after widespread rains across southern Australia boosted crop prospects in the world's fourth-largest exporter. "It is more of a macro economic selloff than anything else," said Adam Davis ... See all stories on this topic »

Dividend plays may help lift Thai stocks Reuters Africa BANGKOK, Aug 18 (Reuters) - Thai stocks may try to edge higher on Thursday as investors buy stocks that are offering high dividends after generally good second-quarter results, but weak globalsentiment may limit gains and encourage quick profit-taking ... See all stories on this topic »

"Flawed" financial tax plan could raise volatility-UK think tank Reuters Anything less than a global deal would see traders move their money to countries with lower taxes and less onerous regulation, distorting world markets, it said. "When Sweden tried a Tobin tax it was a colossal failure - why does anybody pretend this ... See all stories on this topic »

Rugby-Horwill replaces Elsom as Australia captain Reuters Africa By Nick Mulvenney SYDNEY Aug 18 (Reuters) - James Horwill has replaced Rocky Elsom as captain of the Australian rugby team ahead of the World Cup starting in New Zealand next month, the team said on Thursday. Horwill's promotion was announced as the ... See all stories on this topic »

S.Korea-Market Factors to watch Aug 18 Reuters SEOUL, Aug 18 (Reuters) - Following is a list of events in South Korea as well as news stories and press reports which may influence financial markets. (Reuters News welcomes your feedback and for any queries, please contact the Seoul newsroom at +822 ... See all stories on this topic »

Boeing completes flight tests for 787 Reuters ATLANTA Aug 17 (Reuters) - Boeing Co (BA.N) said it has completed flight tests required of the carbon-composite 787-8 Dreamliner equipped with Rolls-Royce (RR.L) engines, a key step in moving toward first delivery. With flight tests completed, ... See all stories on this topic »

Ishikawa becomes a special temporary member on PGA Tour Reuters By Mark Lamport-Stokes LOS ANGELES (Reuters) - Japanese teenager Ryo Ishikawa, one of the most exciting prospects in the game, has taken up special temporary membership on the PGA Tour for the rest of this year. Ishikawa will consequently be able to ... See all stories on this topic »

Analysis: India risks facing its own Arab Spring Reuters Now it has gone above people's tolerance level," Hazare told Reuters in a recentinterview in his home village. India ranked 87 in Transparency International's index on corruption in 2010, behind rival China and polls show corruption vies with the high ... See all stories on this topic » Reuters

CANADA FX DEBT-C$ hits 1-week high as oil prices rise Reuters By Ka Yan Ng TORONTO, Aug 17 (Reuters) - Canada's dollar touched its highest level in more than a week on Wednesday morning, helped by stronger oil prices, but it then backed off, restrained by anxiety over the state of the global economy. ... See all stories on this topic »

Life after Wall Street: Ex-bankers answer the call Reuters By Lauren Tara LaCapra NEW YORK, Aug 17 (Reuters) - In his 23 years as a banker, Adam Greene trotted the globe, closing billions of dollars' worth of deals for some of the world's biggest banks, and starting his own advisory firm. ... See all stories on this topic »

Chile Collahuasi union threatens one-day stoppage Reuters Africa SANTIAGO Aug 17 (Reuters) - The labor union at the world's No. 3 copper mine, Chile's Collahuasi, threatened on Wednesday to stage a one-day stoppage on Sept. 2 if the mine's operator does not hire back workers fired after a previous disruption. ... See all stories on this topic »

METALS-Copper down on technicals, equities Reuters Africa There needs to be more clarity about the global economic situation before it can move decisively in any direction," he added. LME copper has turned bearish as it failed to break above resistance at $9003 per tonne, according to Reuters technical ... See all stories on this topic »

UPDATE 1-TCI ups Japan Tobacco stake on buyback expectations Reuters By Junko Fujita and James Topham TOKYO, Aug 17 (Reuters) - The Children's Investment Fund has raised its stake in Japan Tobacco (JT) to 1.37 percent, from around 1 percent two months ago, on expectations Japan's government would cut its stake, ... See all stories on this topic »

BoE opens door for QE as joblessness surges Reuters By David Milliken and Matt Falloon LONDON, Aug 17 (Reuters) - The Bank of England inched closer on Wednesday to launching a second round of quantitative easing, after two policymakers unexpectedly dropped their calls for higher interest rates against a ... See all stories on this topic »

Argentine tango new generation does the revolution Reuters Tango dancers Leonardo Luizaga (R) and Paola Luizaga of Argentina compete in the stage category of Argentina's eighth edition of the Tango Dance World Championship in Buenos Aires, August 31, 2010. By Luis Andres Henao BUENOS AIRES (Reuters) - Osvaldo ... See all stories on this topic » Reuters

Qantas overhauls with $9 bln fleet order Reuters By Michael Smith SYDNEY (Reuters) - Australia's Qantas Airways (QAN.AX) is setting up two new airlines in Asia and ordering $9 billion of new Airbus (EAD.PA) aircraft as part of a do-or-die makeover to salvage its loss-making international business. ... See all stories on this topic » Reuters

RPT-Dubai's Drydocks $2.2 bln loan deal unlikely in 2011 Reuters "Discussions (with banks) are still ongoing and it has not been completed yet," Khamis Juma Buamim, chairman of Drydocks World told Reuters on Tuesday. "I can't confirm if we will reach a restructuring agreement this year," he added, when asked if he ... See all stories on this topic »

Bang & Olufsen shares jump after strategy update Reuters By Anna Ringstrom STOCKHOLM (Reuters) - Shares in Bang & Olufsen A/S (BO.CO) jumped on Wednesday after the Danish luxury electronics maker said it hopes to triple sales and boost margins to pre-crisis levels on the back of a five-year strategy plan ... See all stories on this topic »

Amazon's publishing arm signs up Timothy Ferriss The Guardian Mainstream publishers are likely to be troubled by the latest show of dominance from the online company. HarperCollins UK's chief executive Victoria Barnsley told Radio 4'sWorld at One: "[It] is obviously a concern. They have very deep pockets and ... See all stories on this topic » The Guardian

Indian shares rebound after 3-day slide; HDFC Bank, Infosys lead Reuters NEW DELHI, Aug 17 (Reuters) - Indian shares rose more than 1 percent on Wednesday morning after a three-day slide in the main index led to bargain-hunting, even as investors remain wary about the health of the global economy and rising local interest ... See all stories on this topic »

Thomson Reuters acquires Lanworth Commodities Now Online And its forecasting brings something unique that we can expand globally to provide accurate forecasts around the world. This is of critical importance considering the global landscape for what is happening in agriculture markets. ... See all stories on this topic »

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Cheaper prices and Japan recovery lift world stocks | Top News ... LONDON (Reuters) - World stocks climbed further out of their August hole on ... Gold and the Swiss franc, two of the main beneficiaries of recent global ... ca.reuters.com/article/topNews/idCATRE7725BC20110815

GLOBAL MARKETS-World shares retreat as investors ... - News Feed Today Stay Connected. Latest Posts in RSS ... GLOBAL MARKETS-World shares retreat as investors shun risk – Reuters ... all 390 news articles » ... newsfeedtoday.com/.../global-markets-world-shares-retreat-as-...

UK and European Footabll - Latest News, Scores, Pictures & More ... BERNE, Aug 16 (Reuters) - FIFA should limit terms for senior officials, ... TI said that, despiterecent measures, world soccer's governing body still gave the ... In its report, the Berlin-based watchdog, which issues a global league ... football.uk.reuters.com/leagues/world/.../L3E7JG1J5p.php

World News on The Net: Reuters: Global Markets NEW YORK (Reuters) - Deere & Co , the world's leading maker of farm equipment, ... Chico's FAS Inc's warned that sales growth had softened in recent weeks, ... world2buzz.blogspot.com/.../reuters-global-markets_17.html

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