REUTERS News, Aug 30, 2011

Melbourne judged world's most liveable city Sydney Morning Herald Photo: Reuters Melbourne has vaulted Vancouver to become the best city in the worldto live, according to the latest Economist Intelligence Unit's Global Liveability Survey. In a ranking of 140 cities around the world, Melbourne was given a score of ... See all stories on this topic » Sydney Morning Herald

U.S. calls for U.N. pay raise to be rescinded Reuters By Patrick Worsnip UNITED NATIONS (Reuters) - The United States called on Monday for the rescinding of a nearly 3 percent cost of living pay raise to almost 5000 UN employees in New York, saying it was inappropriate at a time of global austerity. ... See all stories on this topic »

GLOBAL MARKETS-Wall St seen up on Fed stimulus hopes Reuters By Barani Krishnan NEW YORK, Aug 29 (Reuters) - Stocks on Wall Street were poised to open higher on Monday in line with stronger global equity and commodity prices as investors speculated about the possibility of fresh stimulus for the US economy. ... See all stories on this topic »

GLOBAL MARKETS-Asian stocks gain on US spending, Greek bank tie-up Reuters Africa SINGAPORE Aug 30 (Reuters) - Asian stocks rose on Tuesday after better-than-expected US consumer spending data and a bank merger in Greece offered investors some rare good news about the outlook for indebted developed world economies. ... See all stories on this topic »

Indian shares rise 1 pct; economic data awaited Reuters MUMBAI, Aug 30 (Reuters) - Indian shares rose more than 1 percent on Tuesday after better-than-expected US consumer spending data eased concerns about the health of the world's largest economy and triggered a rally in world markets. ... See all stories on this topic »

Oil rises on US spending, Greek bank merger Reuters By Florence Tan SINGAPORE (Reuters) - Brent crude rose for a sixth straight session on Tuesday, buoyed by strong data from the United States that allayed fears theworld's top oil consumer was sliding back into recession and a landmark bank merger deal ... See all stories on this topic » Reuters

GLOBAL MARKETS-Stocks, oil, surge on landmark Greek banking deal Reuters An unexpected surge in US consumer spending for July -- which indicated the economy was not falling back into recession -- further boosted sentiment across global markets. [ID:N1E77S0BS]. Trading volume around the world was low, with London closed for ... See all stories on this topic »

IMF slashes U.S. GDP forecast, trims euro zone: ANSA Reuters The revisions are in line with recent comments by IMF chief Christine Lagarde and other senior Fund officials, who have warned about a weakening in the global recovery and a deterioration in the outlook. The IMF has, however, made clear it does not ... See all stories on this topic »

SE Asia Stocks-Rebound as global sentiment improves Reuters Global stocks jumped almost one percent on Monday while the dollar struggled after Bernanke's comments. World shares rose 0.9 percent, with Asian markets tracking a strong bounce for Wall Street, which closed up 1 percent following Bernanke's keynote ... See all stories on this topic »

CCB shares up 4 percent after BofA's $8 billion stake sale Reuters By Kelvin Soh HONG KONG (Reuters) - Hong Kong-listed shares of China Construction Bank Corp (0939.HK)(601939.SS), the world's No.2 lender, rose more than 4 percent on Tuesday after news that Bank of America Corp (BAC.N) will sell about half of its ... See all stories on this topic »

Western Union bundles online, mobile business into new unit Reuters Aug 29 (Reuters) - Western Union Co , the world's largest payment transfer company, said it will club its online, mobile and prepaid cards businesses into a new entity to offer more services and draw more customers. Westernunion.com, the company's ... See all stories on this topic »

China Holds Card in Bolstering Global Economy New York Times The biggest benefit of a faster-rising renminbi for the world may be psychological. China's endorsement of a faster rise might quell concerns that the economy is faltering as global growth slows. Letting the currency do some of the work in fighting ... See all stories on this topic »

Sika strengthens position in Brazilian automotive sector Reuters (press release) As Sika's Head of Automotive Global Thomas Hasler puts it: "Brazil is currently the world's sixth-largest automotive-producing country. Our customers here expect a broad cost-effective product portfolio containing the latest technologies for all car ... See all stories on this topic »

Colombia, BHP Billiton settle royalty dispute-minister Reuters Africa BOGOTA Aug 29 (Reuters) - Global miner BHP Billiton has settled a royalty dispute with Colombia, clearing the way for a renewal of the company's contract to operate the Cerro Matoso nickel mine, the country's mining minister said on Monday. ... See all stories on this topic »

French shipping firm CMA CGM positive on 2011 Reuters By Gus Trompiz PARIS, Aug 29 (Reuters) - CMA CGM, the world's third-largest container shipping group, expects 2011 to be "a positive year" despite a plunge in first-half profit linked to less-favourable freight rates than in 2010, the company said on ... See all stories on this topic »

Global stock markets: Week ahead Expressindia.com The median estimate in a Reuters poll of 62 economists is an 80000-job gain in August, below the prior month's 117000 tally and not enough to alter the jobless rate significantly. Analysts said worries about the US economy would likely add up to more ... See all stories on this topic »

REFILE-Shanghai Intl Port says H1 net profit down 4.5 pct Reuters SHANGHAI Aug 30 (Reuters) - Shanghai International Port (Group) Co , the operator of the world'slargest port, reported lower net profit in the first half of 2011 even as cargo throughput and revenue climbed. The Chinese port operator warned that a ... See all stories on this topic »

Indonesia could face more strikes as workers push for higher pay Reuters By Neil Chatterjee and Olivia Rondonuwu JAKARTA Aug 29 (Reuters) - Recent strikes in Indonesia by gold miners, pilots and supermarket staff over pay signal that workers have started to push for a greater share of profits in a booming economy that has ... See all stories on this topic »

PRECIOUS-Gold inches up after 2-pct fall; physicals help Reuters By Lewa Pardomuan SINGAPORE, Aug 30 (Reuters) - Gold regained strength on Tuesday as bargain hunting resurfaced after prices dropped more than 2 percent in the previous session, but higher equities and easing worries about recession in the United ... See all stories on this topic »

Energy shares look set to lead Thai stock gains Reuters Africa BANGKOK, Aug 30 (Reuters) - Thai stocks may extend their gains for a third session on Tuesday, following positive lead from Wall Street and as rising global oil prices help bolster demand for energy shares. Thailand's temporary removal of a levy on ... See all stories on this topic »

FOREX-Dollar gains vs traditional havens; Swiss franc falls Reuters By Julie Haviv NEW YORK, Aug 29 (Reuters) - The dollar gained against the yen and Swiss franc on Monday, supported by a report on US consumer spending that mitigated fears the world's largest economy was slipping back into a recession. ... See all stories on this topic »

Strauss-Kahn returns to IMF, gets warm applause Reuters His visit to the IMF had been greeted ahead of time with dismay by some IMF staff, while others said they felt sorry for Strauss-Kahn and wanted to pay tribute to his time at the helm of the global lender. Strauss-Kahn led the IMF, the world's economic ... See all stories on this topic » Reuters

From Turbulence towards Moderate Growth Reuters (press release) Pohjola Pankki Oyj / From Turbulence towards Moderate Growth . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.World economic growth is expected remain more subdued on average ... See all stories on this topic »

GLOBAL MARKETS-Shares rise; dollar dips on stimulus hopes Reuters Africa ... Aug 29 (Reuters) - Global stocks jumped almost one percent on Monday while the dollar struggled after Federal Reserve Chairman Ben Bernanke left the door open for further action to stimulate the US economy and fight unemployment. World shares rose ... See all stories on this topic »

Greek and US cheer lifts markets The National Reuters New hope that the world may not sink back into recession cheered globalinvestors yesterday. European markets rose 2 per cent and US stocks opened higher after better-than-expected US consumer spending data and news of a merger between two of ... See all stories on this topic » The National

Outlook for tech spending getting darker Montreal Gazette By Jim Finkle, Reuters August 29, 2011 Consumers are willing to keep spending on the latestgadgets, but companies seem more reluctant to spend on technology. BOSTON - Hopes are rapidly dwindling that there will be even modest growth in technology ... See all stories on this topic »

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