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TucsonPost.com Monday 6th September 2010 Volume 2010/0249
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With election coming up Obama talks economyWith election coming up Obama talks economy
President Obama has announced he will unveil a new plan to create...


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Potential mergers explored by BA bossPotential mergers explored by BA boss
The head of British Airways, Willie Walsh, has said a shortlist of names has been drawn up for consideration in merger...
Strikers go out at S Africa’s biggest platinum mineStrikers go out at S Africa’s biggest platinum mine
A strike has begun at the South African mine which produces most of the country’s...
Cost cutting in Dubai leads to shabby standardsCost cutting in Dubai leads to shabby standards
Building standards in Dubai are said to be getting worse with developers cutting jobs and other...
IMF chief says economy improvement will be moderateIMF chief says economy improvement will be moderate
The IMF’s First Managing Director, John Lipsky, has stated that he believes the world economy will continue to recover moderately but will face challenges along the way, such as the need for medium-term fiscal...
Pilots on furlough being called back to ContinentalPilots on furlough being called back to Continental
Continental Airlines in the US is beginning to welcome back 132 pilots who were furloughed in...
Drugmaker Roche reviews its business modelDrugmaker Roche reviews its business model
The Swiss drugmaker Roche has decided to cut costs in response to recent setbacks in the development of major...
Next job lift expected in certain professionsNext job lift expected in certain professions
While US companies modestly added jobs in August, it will still take a while before unemployment falls to pre-recession...
Speculative hedge funds under pressure in BrusselsSpeculative hedge funds under pressure in Brussels
Speculative hedge funds will come under scrutiny in Brussels over the next few...
Booming car industry could decline in ChinaBooming car industry could decline in China
Officials in China have suggested the country should end preferential policies for automotive companies in order to curb...
Highway turns into parking lot in ChinaHighway turns into parking lot in China
Last week a northern China highway virtually became a parking area when around 10,000 trucks became stuck in a 120 kilometre...
Tax mistakes affect UK payers in different waysTax mistakes affect UK payers in different ways
Nearly six million people in the UK have paid the wrong amount of...
Burger King refuses to buy more cooking products from Indonesian groupBurger King refuses to buy more cooking products from Indonesian group
Burger King has made the decision to stop buying palm oil from an Indonesian...
India to grow in car parts marketIndia to grow in car parts market
The Indian auto components sector is likely to grow five times to $110 billion in the next...
Obama calling for more infrastructure spending
WASHINGTON - Vowing to find new ways to stimulate the sputtering economy, President Barack Obama will call for long-term investments in the nation's roads, railways and runways that would cost at...
Delta 1st US carrier to resume international flights to Liberia after end of civil war
MONROVIA, Liberia - Delta Air Lines Inc. has launched a direct flight from the U.S. to Liberia, becoming the first U.S. carrier to serve the West African nation since the end of more than a decade of...
Today's Opinions: Berwick On Medicare 'Illusion,' Wall Street Journal Sees Wyden Defecting On Health Law
Medicare is stronger than it has been in years, and seniors will get new benefits. That's no illusion; that's progress (Dr. Donald Berwick,...
Currencies: Dollar slips as risk appetite rises in quiet trade
LONDON (MarketWatch) -- The dollar consolidated versus major rivals in quiet trade Monday, as investor appetite for riskier assets remained buoyed by a stronger-than-expected round of U.S. labor data...
British Airways most likely to buy LAN Airlines first – Paddy Power
Willie Walsh 's bold declaration that he has a shortlist of 12 airlines he would like to acquire has sparked widespread speculation about which carriers are at the top.Paddy Power, the Irish...
Union warns new BA strike 'inevitable'
British Airways cabin crew dispute is "inevitable", with the Christmas holidays a potential target for action.A mass meeting of BA flight attendants at Kempton Park Racecourse later today is expected...
Friday Newspaper Review - Irish Business News and International Stories - - September 03, 2010
See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when...
Eurozone GDP in Q2 2010 confirmed at 1% - - outpacing US and Japan; Q1 growth revised up
See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when...
Obama Said to Announce Transportation Infrastructure Plan
Sept. 6 (Bloomberg) -- President Barack Obama will propose a six-year national infrastructure plan today as part of a series of measures to boost jobs and spur the economy ahead of the congressional...
Microsoft releases free app security tool
secure applications for the Internet without having to recode them. The company's EMET (Enhanced Mitigation Experience Toolkit) 2.0 is a free tool designed to prevent current exploitation techniques...
BA Boss Targets 12 Airlines For Takeover
Mr Walsh has refused to name the airlines but they are believed to include budget airlines as well as full-service carriers in Brazil, India and China. Any additions would be brought under the...
PWC Jobs Boost Despite Fall In Profits
professional services firm posted profits before tax of £665m in the year to June, down 3% from £688m, while the average payout for each of its 820 partners was down 2% to £759,000. The results...
Aurobindo Pharma, AstraZeneca Ink Generic Drugs Deal
emerging markets because they face increased competition for their products from generic drugs at home and difficulty in bringing new blockbusters to market. One appeal...
CORRECT : Macro Hedge Funds Surged In August
Dow Jones )- Hedge funds using computer models to identify trades in bond, currency and commodity markets hit their stride in August as worries about the global economy gave markets a clear...
ANALYSIS-Mideast tanker rates set for turbulence in 2011
Middle East Gulf to Japanroute have fallen in recent days to around the operating costlevel of $10,000 a day as very large crude carriers (VLCCs)return from floating storage due to the end of a...
GLOBAL MARKETS-U.S. jobs data lift equities; Wall St closed
By Jeremy Gaunt, European Investment Correspondent LONDON, Sept 6 (Reuters) - Encouraging news about the U.S.employment picture continued to spill over onto financialmarkets on Monday, lifting world...
German Cartel Office: Results In Power Sector Probe In Late Autumn
Dow Jones )- Germany's Federal Cartel Office expects to deliver the results of its ongoing sector probe into the power wholesale market in late autumn, the regulator's president, Andreas Mundt, said...
Oil slips towards $74 as U.S. driving season ends
* Coming Up: U.S. employment trends data - 1400 GMT Tuesday (Updates prices, detail, comment) By Christopher Johnson LONDON, Sept 6 (Reuters) - U.S. oil prices slipped towards$74 per barrel on Monday...
ThyssenKrupp To Raise Steel Prices By EUR30/Ton From October
Dow Jones )- German steelmaker and engineering company ThyssenKrupp AG (TKA.XE) plans to raise prices for flat rolled steel products by EUR30 a metric ton on average from October, a spokesman said...
INTERVIEW-Use of lighter, stronger steels in autos growing fast
By Pratima Desai LONDON, Sept 6 (Reuters) - The use of lighter, strongersteel in cars to reduce weight, boost fuel efficiency and cutcarbon emissions is growing faster than the use of...
INTERVIEW-AngloPlat JV targets African fuel cell market
* Clean Energy Investments JV set to target African market* Cells may become "very large" demand segment for platinum * AngloPlat eyes first fuel cell factory in two years' timeBy Jan Harvey LONDON,...
German Cartel Office Appeals Court Ruling On Blocked Total/OMV Deal
Dow Jones )- Germany's Federal Cartel Office has appealed the judgment of a regional court in August that overruled its decision to block the planned takeover of Austria's OMV AG's (OMV.XE) 59 petrol...
First Quantum: To Seek $1 Billion Plus Compensation For Congo Assets
Dow Jones )- First Quantum Mineral Ltd. (FQ.T) is seeking more than $1 billion in compensation for the expropriation of two Congolese mines, a senior executive said Monday. The compensation demand...
German Banks May Need EUR105 Billion More Capital With Basel 3
Dow Jones )- A day ahead of a crucial meeting of regulators in Basel that aims to decide exactly how much more capital banks will need to hold in future, the Federal Association of German banks, or...
China Inc gets new chairman as state-owned firms' clout grows
* Analysts warn that state firms could stifle privatesector * China aims to consolidate firms, but regulator seen asweak By Zhou Xin and Simon Rabinovitch BEIJING, Sept 6 (Reuters) - Wang Yong, a...
Siemens Gets EUR230 Million Deal For Nigerian Natural Gas Power Plant
SI ) said Monday its energy division has received a EUR230 million contract for the construction of a 434 megawatt natural gas-fired power plant from the Niger Delta Power Holding Company Ltd. The...
Opto Circuits Unit Gets FDA OK For Patient Monitoring System
Dow Jones )- Opto Circuits (India) Ltd. (532391.BY) said Monday its U.S. unit, Criticare Systems Inc., has received an approval from the U.S. Food & Drug Administration to make and sell its...
METALS-Copper near 4-month high, demand prospects improve
By Maytaal Angel LONDON, Sept 6 (Reuters) - Copper prices rose nearfour-month highs on Monday as investors bet on improved demandfollowing better-than-forecast jobs data in the United States,the...
ANALYSIS-Korean suppliers set for gains abroad as BMW signs on
Hyundai Motor's steadyclimb in the global auto industry has nurtured a strong base oflocal suppliers, and South Korean parts makers could be lookingat more business overseas after adding premium car...
German Min: Longer Nuclear Lives For Tax, Fund Contributions
Dow Jones )- Germany's nuclear power plant operators will have to pay around EUR30 billion for being allowed to run their reactors longer, first via a tax on nuclear fuel and then as contributions to...
FACTBOX-A look at South Africa's 'strike season'
Sept 5 (Reuters) - About 1.3 million South African publicsector workers, on strike for nearly a month, may soon return towork but continue talks on whether to accept an increasedgovernment wage...
FOREX-Dollar struggles, hovers near 15-year low vs yen
(updates prices, adds quote) By Anirban Nag LONDON, Sept 6 (Reuters) - The dollar dipped on Monday andlooked set to test a 15-year low against the yen after sheddinggains made after U.S. jobs data,...
Massive Earthquake Sets Back NZ Economic Recovery
A person cycles past a damaged road near the Avon River following Saturday's powerful 7.1-magnitude earthquake, in Christchurch, New Zealand, Sunday, Sept. 5, 2010. The quake that smashed buildings,...
Officials: Obama to Back Infrastructure Spending
President Barack Obama waves to media as he walks across the South Lawn of the White House after stepping off of Marine One in Washington, Sunday, Sept. 5, 2010. (AP Photo/Carolyn Kaster) (AP) ...
Microsoft raises price of admission to Xbox Live
SAN FRANCISCO: Microsoft on Monday announced it is raising the price of admission to its Xbox Live online community where people can play videogames or watch movies using Xbox 360 consoles. ...