- Trichet Sees Compass of Life Pointing to Euro at Center of European Unity Jean-Claude Trichet used a simple chart to convince European leaders the euro was in grave danger.
- Banks in `Downward Spiral' Buying Capital in CDOs Distrusted by Regulators U.S. banks are fighting to preserve the use of securities that help them appear better capitalized, even as their investments in each others’ notes perpetuate what one regulator calls a “downward spiral” of losses.
- Emirates Said to Boost A380 Superjumbo Fleet as Demand Returns Emirates Airline, the biggest customer for the Airbus SAS A380 superjumbo, is poised to order more of the world’s largest passenger jet to expand Dubai as a global travel hub, two people with knowledge of the accord said.
- Boeing Unlikely to Go Ahead Building 787-3 Variant Boeing Co. is unlikely to go ahead with the 787-3 variant of its new Dreamliner model, a company executive said.
- Bear Options at Record as Wien Says Stocks to Rally Confidence in stocks is sinking to record lows in the options market even with the U.S. economy poised for its fastest growth in six years, a sign to Blackstone Group LP’s Byron Wien that it’s time to buy.
- Tech Lifts San Francisco Home Prices as Ocean View Gets 26 Bids Rebounding technology stocks and limited housing supply are lifting San Francisco real estate as buyers compete for properties and drive up prices.
- Wal-Mart Sees World Cup Sales Boom in Countries Reaching Final Wal-Mart Stores Inc., which has outlets in eight of the 32 countries competing in the soccer World Cup, anticipates sales will boom in those markets should their teams reach next month’s final match.
- Baseball's `Chosen One' Harper May Top Teixeira's $9.5 Million One day before pitching prospect Stephen Strasburg debuts for the Washington Nationals, the team might welcome another equally hyped player aiming for a record- breaking contract.
- Hungary Rejects Greek Comparison in Reversal After Market Scare Hungary’s government reversed course over the weekend, saying there was no danger of default after it spent two days telling the world the nation was at risk of a Greece-like crisis.
- All Nippon Plans First 787 Overseas Flights in March All Nippon Airways Co., the first customer of Boeing Co.’s 787 Dreamliner, plans to start flying the aircraft overseas in March, increasing international operations while rival Japan Airlines Corp. slashes routes.
- P&G's Consumer Changes to He From She With Men's Thermal Scrubs After spending decades luring women with products such as Olay skin cream, Procter & Gamble Co. is about to tell men they need pampering too.
- Foster vs Foster's Showdown Hits Australia Goliath With Losses Adam Foster’s annual wine production of 2,500 cases is a fraction of the sales of Foster’s Group Ltd., the world’s second-largest producer. Yet it’s a factor in breaking up the rival he shares a name with.
- Sony Sags, GE Sees Opening in Pakistan Energy Crisis In the glare of energy-saving light bulbs, Pakistani men jammed sidewalks in one of the country’s biggest electronics markets last week, ogling televisions and home theater systems.
- New Orleans Judge Sells Investments to Avoid Oil Spill Conflict A New Orleans federal judge presiding over lawsuits related to the Gulf of Mexico oil spill said he sold his investment in companies linked to the disaster to avoid any appearance he might be biased.
- U.S.'s $13 Trillion Debt Poised to Overtake GDP: Chart of Day President Barack Obama is poised to increase the U.S. debt to a level that exceeds the value of the nation’s annual economic output, a step toward what Bill Gross called a “debt super cycle.”
Bloomberg Daily News 8th June 2010
No comments:
Post a Comment