Telegraph.co.uk

BP Plunges After Attempt to Plug Gulf Oil Leak Fails BusinessWeek (Updates with analyst comment in third paragraph. For more on the Gulf oil spill, see {EXT4 }.) By Brian Swint and Eduard Gismatullin June 1 (Bloomberg) -- BP Plc fell the most in 18 years in London after abandoning an attempt to plug a leaking oil ... Obama to meet spill probe leaders as oil heads north Reuters Obama to meet Gulf oil spill panel chairmen The Associated Press BP planning more measures to contain spill MarketWatch BBC News  -Houston Chronicle  -CNN International all 7,376 news articles »

 

The Guardian

AIG Rejects Prudential's Bid to Lower Price for Asian Unit New York Times HONG KONG ? American International Group on Tuesday rejected an attempt by Prudential to lower the $35.5 billion price tag the British insurer had offered for AIG's Asian unit two months ago, ... Prudential Fails in Bid to Cut Price of AIA Takeover BusinessWeek AIG Rejects $30.38 Billion Offer for AIA Wall Street Journal AIG won't accept lower Prudential offer for AIA The Associated Press The Guardian  -International Business Times  -NASDAQ all 383 news articles »

 

Financial Times (blog)

Euro zone factory PMI sinks, output growth slows Reuters LONDON, June 1 (Reuters) - Manufacturing in the euro zone expanded in May, but at a far slower rate than April's 46-month high as cost pressures and tighter margins drove firms to take their feet off the production accelerator, ... Asia Manufacturing Expands Wall Street Journal China's Manufacturing Expands at Slower Pace as Growth Cools BusinessWeek U.K. May manufacturing PMI unchanged at 58.0 MarketWatch RTT News  -New York Times  -Daily Markets all 254 news articles »

 

German Unemployment Falls Twice as Much as Forecast BusinessWeek June 1 (Bloomberg) -- German unemployment fell more than twice as much as economists forecast in May as exports from Europe's biggest economy surged, bolstering the recovery. The number of people out of work ... Germany's SA Unemployment Declined More Than Expected In May Market News International German Unemployment Falls More Than Expected In May RTT News German unemployment falls to under 8 per cent Monsters and Critics.com CanadianBusiness.com  -Forex Pros all 26 news articles »

 

Globe and Mail

Honda Strike in China Is a Wake-Up Call for Japanese Exporters New York Times TOKYO ? A strike that crippled production at Honda Motor's factories in China has come as a wake-up call to Japan's flagship exporters seeking to stay competitive and make a push into China's burgeoning market on the backs of low-wage ... Honda: China car plants seen suspended thru Thurs Reuters Honda: striking China workers accept wage increase BusinessWeek Honda offers pay-rise to Chinese plant strikers AFP ABC News  -Financial Times  -Moneycontrol.com all 492 news articles »

 

Telegraph.co.uk

Ryanair back in profit for full year The Associated Press DUBLIN ? Budget airline Ryanair said Tuesday that it earned a full-year profit of euro305.3 million ($375.7 million), reversing a loss a year earlier when it took a massive write-off from its failed attempt to take over rival carrier Aer Lingus. ... Ryanair swings back into profit BBC News Ryanair Turns To Profit In FY10; Proposes To Pay First Dividend - Update RTT News Ryanair to Pay First Dividend After Reporting Profit BusinessWeek Reuters  -MarketWatch  -Financial Times all 169 news articles »

 

Reuters UK

ECB's Noyer Says Rating Firms Aggravating Crisis BusinessWeek June 1 (Bloomberg) -- Banque de France Governor Christian Noyer said credit-rating companies responded to market turmoil when downgrading some European countries, aggravating the region's crisis by failing to provide ... ECB Says Europe Banks Face Bond Sales Risk, Higher Loan Losses BusinessWeek ECB Warns Write-Downs Could Reach $239 Billion Wall Street Journal European banker Noyer slams credit rating agencies AFP Reuters  -New York Times (blog)  -MarketWatch all 505 news articles »

 

Tech Eye

Globalfoundries to Spend $3 Billion-Plus on Expansion BusinessWeek June 1 (Bloomberg) -- Globalfoundries Inc., seeking to challenge Taiwan Semiconductor Manufacturing Co. in the made-to- order chip market, will spend more than $3 billion to boost production at its factories in New York and Germany. ... Globalfoundries to hike German plant's chip output MarketWatch Abu Dhabi to create regional semiconductor hub Financial Times Globalfoundries expands chip factories as worldwide demand recovers VentureBeat EETimes.com  -Barron's (blog)  -SemiAccurate (satire) all 40 news articles »

 

Reuters India

Nikkei slips as yen rise, politics, China econ weigh Reuters TOKYO June 1 (Reuters) - Japan's Nikkei average slipped 0.6 percent on Tuesday, hurt as the yen strengthened slightly against the euro and in part by political uncertainty as calls within Japan's ruling party emerged for the prime minister to resign. ... Japanese Stocks Decline Amid Political Turmoil, Weakening Euro BusinessWeek RPT-Japan to exempt foreigners from corporate bond tax Reuters Honda, Nippon Steel, Shinsei, Sony: Japanese Equity Preview BusinessWeek MarketWatch  -Bloomberg  -TMCnet all 125 news articles »