Sunday, June 5, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Market stalls but investors not panicked (Reuters)

Posted: 05 Jun 2011 08:24 AM PDT

Reuters - More bad days may be in store for stocks in coming weeks, but investors are not pressing the panic button. Not yet.

Greece to tackle austerity plan to win new bailout (Reuters)

Posted: 05 Jun 2011 08:35 AM PDT

Reuters - Greece's cabinet is about to consider an economic plan imposing yet more austerity on an angry population, as the price of a second bailout partly funded by European taxpayers who have yet to be told the final cost.

Lagarde likely to be next IMF chief: report (Reuters)

Posted: 04 Jun 2011 09:47 PM PDT

France's Finance Minister Christine Lagarde arrives to attend the 17th Children's Parliament at the National Assembly in Paris May 28, 2011. REUTERS/Gonzalo FuentesReuters - French Finance Minister Christine Lagarde will likely become the next head of the International Monetary Fund (IMF), with backing of the United States and Japan, the Nikkei financial daily reported on Sunday, citing unidentified global financial industry sources in Washington.

Egypt seals $3 billion IMF accord (Reuters)

Posted: 05 Jun 2011 06:40 AM PDT

A man sits by a bridge over the Nile river in Zamalek area in Cairo April 16, 2011. REUTERS/Youssef BoudlalReuters - The International Monetary Fund (IMF) agreed a $3 billion financing deal with Egypt on Sunday and praised the policies of an interim government struggling to stabilize the economy after the popular uprising.

Investors stay wary before Prada's IPO show (Reuters)

Posted: 05 Jun 2011 04:53 AM PDT

Reuters - Wealthy Asian buyers are used to jostling for seats at fashion house Prada's catwalk shows, but investors may baulk at the price of its upcoming $2 billion initial public share offering in Hong Kong.

Republicans say Obama must "step up" on deficit (Reuters)

Posted: 03 Jun 2011 03:32 PM PDT

Reuters - Top Republicans on Friday said an increase in the jobless rate underscored the need for President Barack Obama to get personally involved in talks to cut government spending to help stimulate economic growth.

Struggling Belarus to get $3 bln loan (AP)

Posted: 05 Jun 2011 01:37 AM PDT

AP - The financially struggling former Soviet republic of Belarus is to receive a $3 billion loan from a Russia-dominated group in exchange for privatizing a large chunk of its state-controlled economy.

IMF to lend Egypt $3bn to get economy back on track (AFP)

Posted: 05 Jun 2011 08:47 AM PDT

Egyptian Finance Minister Samir Radwan at the International Monetary Fund spring meeting in Washington in April.(AFP/Nicholas Kamm)AFP - The International Monetary Fund has granted Egypt a loan of three billion dollars over 12 months to help put its economy back on track, Finance Minister Samir Radwan announced on Sunday.

CA-CANADA Summary (Reuters)

Posted: 05 Jun 2011 08:28 AM PDT

Reuters - TransCanada Corp can restart its Keystone oil pipeline on Sunday, after the company satisfied a series of safety conditions following leaks that idled the key export line twice in less than a month, the U.S. pipeline safety regulator said on Saturday.

Moderation wanes as Kan. governor gets fast start (AP)

Posted: 04 Jun 2011 11:20 AM PDT

FILE In this Jan. 12, 2011 file photo, Kansas Gov. Sam Brownback, center, is followed out of the camber by Senators Janis Lee, Democrat from Kensington, left, and Carolyn McGinn, Republican from Sedgwick, after Brownback's State of the State address in Topeka, Kan. In a mere five months, Brownback and likeminded lawmakers have recast the social and fiscal landscape of Kansas and made the state a laboratory of conservative ideas. (AP Photo/Ed Zurga, File)AP - For decades in Kansas, a delicate political balance kept the state on a moderate path even as other states in the region turned to the right. Conservatives could cut taxes in flush times. But Democrats and centrist Republicans still freed up money for highways and schools, and a loose coalition worked out compromises.

Obama touts auto industry recovery while GOP asks 'What jobs?' (The Christian Science Monitor)

Posted: 04 Jun 2011 10:51 AM PDT

The Christian Science Monitor - Signs that the US automotive market is recovering from its days of insolvency and declining sales is being heralded by President Obama as evidence that his administration took the right steps in creating measures to prevent the industry from total collapse.
Posted by Harshad at 9:45 AM

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