- Shale Gas Costing 2/3 Less Than OPEC Oil Converges With U.S. Water Concern When Victoria Switzer awoke on a cold night in March, her dog was staring out the window at the flame roaring from a natural-gas-drilling rig 2,000 feet behind her house. She remembers trees silhouetted in a demonic dance as the plume burned off gas that had been building up under her land.
- Lego Aims to Double U.S. Market Share With `Prince of Persia' Brick Sets Lego A/S, Europe’s biggest toymaker, wants to double its U.S. market share in the next five years with board games and building bricks based on Walt Disney Co.’s “Prince of Persia: The Sands of Time” and “Toy Story 3” movies.
- Euro-Area Countries Failed Fiscal Goals 57% of Time, Data Show Euro-area governments breached their own fiscal rules more than half of the time since they began trading the single currency, according to data compiled by Bloomberg News.
- Options Traders' Ranks Swell as Amateur Investors Embrace `Iron Condors' David Siniapkin, a postal worker in York, Pennsylvania, uses some of his retirement money to trade options. After three years and being down as much as $10,000, he’s broken even.
- Traders Rev Up Aston Martins, Maseratis Again as Supercar Taboos Recede Trader Craig Poler couldn’t hold out any longer. Browsing at the Miller Motorcars dealership in Greenwich, Connecticut, he spotted the $130,000 Aston Martin Vantage Coupe he had been dreaming about for months.
- HSBC Shares Suffer Euro Collapse as Greek Debts Roil Bank Stock Valuations Europe’s credit crisis is punishing Spanish and U.K. companies as if they were Greek, luring investors with valuations that suggest risk is the same everywhere in the region.
- Indonesia Shows Greece There's Life After Austerity With BRIC Club Pitch If al-Qaeda-linked terrorists thought they could drive foreign investors out of Indonesia, they didn’t reckon with the likes of Jim Castle.
- Fees Plummet 17% in Europe for Investment Bankers Forced to Withdraw Deals Investment banking fees in western Europe are falling victim to the Greek debt crisis, as companies from London to Dusseldorf pull stock and bond offerings and put takeovers on hold.
- Microsoft's Ballmer Says Software Piracy in China Makes India a Better Bet Microsoft Corp. is less optimistic about China as a market than India or Indonesia because of the country’s lack of progress in stamping out software piracy, Chief Executive Officer Steve Ballmer said.
Bloomberg Daily News 25th May 2010
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