Monday, June 27, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Wall St higher as investors bet on Greece plan (Reuters)

Posted: 27 Jun 2011 07:47 AM PDT

Traders gather at the kiosk where Pandora internet radio is traded prior to its debut on the floor of the New York Stock Exchange June 15, 2011. REUTERS/Brendan McDermidReuters - Stocks rebounded from three days of losses on Monday as investors bet there would be a near-term resolution to some of the uncertainty over Greece's fiscal crisis, but the absence of a firm plan could limit the market's upside.

Consumer spending set to restrain second-quarter growth (Reuters)

Posted: 27 Jun 2011 07:44 AM PDT

Reuters - Consumer spending was flat in May, breaking a string of 10 straight months of gains, as households struggled with rising prices and automakers failed to deliver the models Americans wanted.

Banks study Greek debt rollover ahead of key vote (Reuters)

Posted: 27 Jun 2011 08:33 AM PDT

Reuters - France offered a radical solution on Monday for banks to roll over holdings of Greek debt for 30 years as the Athens government fought to get backbench rebels to back a crucial austerity plan to avert bankruptcy.

Delta expects second quarter profit (Reuters)

Posted: 27 Jun 2011 06:38 AM PDT

Reuters - Delta Air Lines Inc expects a "solidly profitable" second quarter as higher revenues have for the most part offset rising fuel costs.

Time running out on LSE bid for TMX (Reuters)

Posted: 27 Jun 2011 06:49 AM PDT

The London Stock Exchange is seen during ther morning rush hour in the City of London April 11, 2011. REUTERS/Toby MelvilleReuters - The odds are stacked against the London Stock Exchange in its bid to take over the operator of Canada's biggest stock exchange, amid vocal endorsements for its made-in-Canada rival from investors, a billionaire activist and provincial politicians.

European stocks, euro rebound on Greece progress (AFP)

Posted: 24 Jun 2011 03:52 AM PDT

European stocks rebounded and the euro recovered against the dollar on Friday as investors cheered a breakthrough in the eurozone's bid to resolve Greece's debt crisis, analysts said.(AFP/File/Mehdi Fedouach)AFP - European stocks rebounded and the euro recovered against the dollar on Friday as investors cheered a breakthrough in the eurozone's bid to resolve Greece's debt crisis, analysts said.

Litmus test for U.S. factories, Greece (Reuters)

Posted: 26 Jun 2011 12:05 PM PDT

Reuters - The U.S. economy has decelerated sharply. A snapshot of the nation's manufacturing sector this week should help reveal whether the slowdown is temporary or the start of a trend.

Paintmaker Akzo Nobel warns of weak Q2 earnings (AP)

Posted: 27 Jun 2011 03:54 AM PDT

AP - Akzo Nobel NV, the world's largest maker of paint, warned Monday that second-quarter earnings will be hurt by commodity price rises, weak business in some regions and maintenance delays at some plants.

Greece debates austerity as Moody's warns on banks (AP)

Posted: 27 Jun 2011 08:05 AM PDT

A young protester shouts slogans in front of the Greek parliament during a protest for a fourth consecutive week against austerity measures in Athens on Sunday, June 26, 2011. Parliament is due to start debating on Monday the program of tax increases and spending cuts worth 28 billion euros over five years as labour unions plan a 48 -hour general strike for Tuesday and Wednesday. (AP Photo/Kostas Tsironis)AP - A leading credit rating agency warned Monday that Greece's crisis was putting a strain on its banks as lawmakers began debating austerity measures that must be passed if the country is to avoid running out of cash by the middle of next month.

OECD says globalisation increases risks (AFP)

Posted: 27 Jun 2011 07:13 AM PDT

Increasing globalisation increases the risk that a major event such as a disease outbreak of financial collapse will prove more disruptive to the world economy while also making them more likely, the OECD said on Monday.(AFP/null)AFP - Increasing globalisation increases the risk that a major event such as a disease outbreak of financial collapse will prove more disruptive to the world economy while also making them more likely, the OECD said on Monday.

New York crude extends losses (AFP)

Posted: 27 Jun 2011 07:43 AM PDT

A Shell station displays 3.31 USD per gallon sign in the Florida Keys in February. Oil prices fell further on Monday amid easing supply worries and lingering fears of a financial default by debt-ridden Greece, which could hit demand for energy.(AFP/Karen Bleier)AFP - New York oil prices fell further on Monday, while London Brent steadied amid easing supply worries and lingering fears of a financial default by debt-ridden Greece which could hit demand for energy.

Argentina to collect $8 billion in soybean taxes (AFP)

Posted: 26 Jun 2011 12:46 PM PDT

A soy field is ready to be harvested in the locality of Perez Millan, 200 km from Buenos Aires, in 2008. Argentina will rake in around $8 billion this year in soybean export duties, up from $6.3 billion last year, according to estimates released by the agriculture ministry.(AFP/File/Daniel Garcia)AFP - Argentina will rake in around $8 billion this year in soybean export duties, up from $6.3 billion last year, according to estimates released by the agriculture ministry.

Nissan targets 8% global market share by 2016 (AFP)

Posted: 27 Jun 2011 06:44 AM PDT

Nissan Motors CEO Carlos Ghosn announces the company's mid term business strategy at the company's headquarters in Yokohama, suburban Tokyo on Monday. He said it will aim to achieve a global market share of eight percent by the end of fiscal 2016.(AFP/Yoshikazu Tsuno)AFP - Japanese auto giant Nissan Motor on Monday said it would aim to achieve a global market share of eight percent by the end of fiscal 2016 as it unveiled a six-year business plan.
Posted by Harshad at 9:14 AM

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