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dimanche 6 mars 2011

Ireland aims to woo Europe with fiscal obedience

(Reuters) - Ireland's new government will stick to the budget targets laid down in an 85 billion euro EU/IMF rescue package as it seeks to win European partners round to giving it easier terms on the loans.
Ireland's prime minister in-waiting Enda Kenny is under huge pressure to persuade Europe's paymaster

Stocks hit oil slick but economy to trump

(Reuters) - Stocks will take their cues from the oil market this week as unrest rumbles through the Middle East. But so far equity investors are sanguine, believing the economic recovery wins the day.
Sentiment is driving large daily swings as traders vacillate between the fear that oil prices will hit consumers and derail the recovery, and the euphoria that the U.S. labor market is turning a corner.

Glencore seen choosing chairman as banks vie for IPO

(Reuters) - Glencore is reported to have lined up one-time BP (BP.L) executive Rodney Chase as chairman, ahead of a possible flotation that has banks scrambling to resolve client conflicts in the hope of picking up hefty fees.

Deutsche Boerse will have upper hand in NYSE merger - CEO

(Reuters) - Deutsche Boerse (DB1Gn.DE) will have the upper hand in the planned mega-merger deal with NYSE Euronext (NYX.N), the exchange operators' chief executive told a paper, as fears of fading significance linger.

ECB's Gonzalez-Paramo: April rate hike possible

(Reuters) - An April rate increase is possible as the European Central Bank continues its mission to control inflation, ECB Executive Board member Jose Manuel Gonzalez-Paramo said in an interview published on Sunday.

PG&E using Cow Palace to check documents

SAN FRANCISCO -- Pacific Gas and Electric Co. said Saturday a concert venue was being used by employees searching through tens of thousands of boxes of paper records on its natural gas pipeline system.
After September's pipeline explosion in San Bruno that killed eight people and destroyed dozens of homes, PG&E is facing a state Public Utilities Commission order to produce records on its pipelines by March 15.
The utility has been shipping pallets loaded with boxes of documents to the Cow Palace in Daly City, where PG&E employees are pouring through the paper records.

Bahraini Opposition Refuses Money and Jobs Offers

MANAMA, BAHRAIN— Opposition leaders in Bahrain said Sunday that they would not be mollified by offers of money and jobs, raising the prospect of a protracted standoff between protesters and the embattled government of this strategically important island nation.