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Reuters

Dollar Rises Versus Euro on Signs Economic Rebound Is Faltering
Bloomberg
July 4 (Bloomberg) -- The dollar rose against the euro this week as speculation the economic recovery is faltering boosted demand for the safety of the US currency. The Dollar Index, which tracks the currency against six major US ...
FOREX-Euro off lows as market seeks direction after jobsReuters
Euro little changed against dollarForbes
Canadian Dollar Higher Against Greenback, Euro And YenRTT News
Bloomberg -Bloomberg -Bloomberg
all 146 news articles »


Telegraph.co.uk

British Airways Extends Capacity Cuts, Delays Planes
Bloomberg
July 3 (Bloomberg) -- British Airways Plc, Europe's third- largest airline, will extend capacity reductions, ground planes and delay deliveries of superjumbo aircraft as demand for air travel shows scant signs of rebounding amid the ...
BA Cuts Capacity, Delays Aircraft; Cuts CapExWall Street Journal
Airline BA to cut capacity, delay new planesThe Associated Press
BA slashes spending as passengers fall againReuters
MarketWatch -Forbes -BBC News
all 177 news articles »


Boston Globe

British Scrutinize Madoff Payments to Banker's Operations
New York Times
LONDON — British authorities have started an investigation into millions of dollars of payments from the operations of the convicted money manager Bernard L. Madoff to companies linked to the Austrian banker, Sonja Kohn, ...
Medici lawyer says Kohn didn't get Madoff paymentsReuters
Madoff Kickbacks Alleged in AustriaWall Street Journal
Madoff kickbacks alleged in Austria: WSJMarketWatch
myfoxny.com -This is London -Bloomberg
all 46 news articles »


AFP

Stanford victims file class action suit against insurers
AFP
WASHINGTON (AFP) — Two US legal firms announced Friday that they have filed a class action suit against a London-based insurer on behalf of the Mexican victims of fraudulent financier Allen Stanford. The lawsuit was filed by the Strasburger & Price and ...
Customers of Stanford Financial Sue Insurance BrokersWall Street Journal
Stanford Clients Sue Willis Group Claiming Insurer Aided FraudBloomberg
Suit accuses brokers of aiding fraud schemeBusiness Insurance
Earthtimes (press release)
all 29 news articles »


CNBC

Mortgage rates fall slightly
Bizjournals.com
Rising mortgage rates reversed course this week, with long-term rates falling slightly. Freddie Mac's weekly report says 30-year fixed-rate mortgages averaged 5.32 percent this week, down from last week's average of 5.42 percent. ...
Tilson Talks Mortgage DefaultForbes
Freddie Mac-Mortgage rates, applications fall back this WeekTopNews United States
Mortgage rates dip, but still far from lowsNew York Daily News
Bloomberg -Financial Times -Seattle Times
all 150 news articles »


Boston Globe

Teck Sells 17% Stake to China Fund for C$1.74 Billion
Bloomberg
July 3 (Bloomberg) -- Teck Resources Ltd., Canada's largest diversified mining company, sold a 17 percent stake to China's $200 billion sovereign wealth fund for C$1.74 billion ($1.5 billion) to reduce debt. ...
Teck Resources Sells 17% Stake to CICWall Street Journal
China takes minority stake in Canadian minerMarketWatch
China Investment buying stake in Teck ResourcesThe Associated Press
Canada.com -Reuters -Comtex Smartrend
all 236 news articles »


Reuters

Cemex May Sue After Strabag Pulls Out of Asset Deal
Bloomberg
July 3 (Bloomberg) -- Cemex SAB, the world's third-largest cement maker, said it may take legal action after Strabag SE withdrew from buying the Mexican company's Austrian and Hungarian assets because it failed to ...
Mexico's Cemex hit as asset sale fails; peso firmsForbes
Cemex Challenges Strabag's Withdrawal From Asset PurchaseWall Street Journal
Strabag withdraws from $435 mln Cemex units dealguardian.co.uk
RTT News -Business Wire (press release)
all 35 news articles »


Citizen

Algeria, Nigeria Sign Upstream Gas Swap Deal -Algeria
Wall Street Journal
LONDON (Dow Jones)--Algeria and Nigeria have agreed to enter each other's gas exploration acreage as an extension of a trans-Sahara pipeline deal, Algeria's oil minister said Friday. Algeria, Niger and Nigeria agreed Friday to build a $10 billion ...
Sahara gas pipeline gets go-aheadBBC News
$10B deal would ship gas from Africa to EuropeThe Associated Press
Nigeria, Algeria, Niger seal $10 bln gas pipeline dealAFP
CNNMoney.com -EasyBourse.com -The Age
all 196 news articles »


MSN Malaysia News

Ericsson announces broadband contracts in China
AFP
STOCKHOLM (AFP) — Swedish mobile phone network supplier Ericsson won contracts to supply broadband Internet to millions of users in China by a deal with three operators there, it said Friday. The company, the world's leading mobile network supplier, ...
Ericsson Gets Broadband Deals From Chinese OperatorsWall Street Journal
Ericsson provides fixed-broadband access to all three operators in ...FOXBusiness
Ericsson says wins broadband orders in ChinaReuters
AHN -Light Reading -TeleGeography
all 44 news articles »


Financial Post

State Distributes IOUs For Money It Owes
Washington Post
Deep in debt and short on cash, California on Thursday started churning out its first batch of IOUs in nearly two decades amid grumbles from bankers, growing public outrage and scant progress in negotiations to solve the state's widening budget deficit ...
IOUs spell uncertainty for Calif. small businessesThe Associated Press
Bank of America sets cutoff for redeeming California IOUsLos Angeles Times
Bank of America, Wells Fargo to accept California iousBizjournals.com
guardian.co.uk -MarketWatch -TopNews United States
all 271 news articles »


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