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EuropeSun.com Friday 3rd September 2010 Edition 2010/3506
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Wall Street continues upward trendWall Street continues upward trend
The Dow Jones rose more than 100 points Friday, the third day of gains for the key...


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Sexual harassment claims lead to big settlement in USSexual harassment claims lead to big settlement in US
A $5.8 million sexual harassment settlement will be paid by a building maintenance firm in the...
Large-sized Mini to hit the streetsLarge-sized Mini to hit the streets
The Mini family is about to get a new member with the upsized Countryman...
Accident claim ends with Ford paying restitutionAccident claim ends with Ford paying restitution
A Mississippi court has heard that the Ford Motor Co will pay $130 million over an accident that occurred in a Ford...
Royal Mail introduces electronic stampRoyal Mail introduces electronic stamp
Britain’s royal Mail has sold its first "intelligent"...
Jewish survivors say French Railway should lose US bidJewish survivors say French Railway should lose US bid
Holocaust survivors and the families in the US have objected strongly to a French Railway bid for high-Speed tracks in Florida, which will eventually connect Tampa and...
Cold winter was good for GazpromCold winter was good for Gazprom
The cold winter in the first three months of the year has boosted the profits of Russia’s...
Galaxy becomes competitor to iPadGalaxy becomes competitor to iPad
Samsung has unveiled its likely competitor to the Apple...
iPod nano has multi-touch interfaceiPod nano has multi-touch interface
Apple has come up with a new iPod nano with a multi-touch...
Burger King may be selling outBurger King may be selling out
Talks with potential buyers have reportedly been held by Burger King, the American fast food...
American and British Airways to coordinate frequent flyer American and British Airways to coordinate frequent flyer
American Airlines, British Airways and Iberia have been discussing how they will work together now that European regulators have allowed them to...
Jobs Report for August Gives Mixed Reading for U.S. Economy
The August jobs report released Friday showed that the private sector added 67,000 jobs but jobless numbers still remain grim with the U.S. unemployment rate rising slightly to 9.6 percent. All the...
Employment data ease US fears of 'jobless recovery'
Unusually bright news from the US labour market helped to dispel fears that the American economy may soon suffer a catastrophic relapse into recession. The monthly Department of Labour data...
US stocks surge, investors upbeat over unemployment report
jobs than expected.Private employers added 67,000 jobs last month, according to Labour Department statistics. It was the first increase in the unemployment rate in months, reflecting the fact that...
Tesco: Give us our superstore or town revamp will falter
TESCO warned community leaders that lengthy delays to the redevelopment of a town centre could have been avoided if it had been allowed to build its preferred option of a single giant superstore on...
US stocks soar after employment data
US stocks closed higher on Friday after a much anticipated jobs report lifted hopes that the US economic recovery is on the right...
Chuck Jaffe: Don't deposit your money into Citigroup shares
BOSTON (MarketWatch) -- A lot of investors, looking for bargains and rebounds in the market, seem to be confusing "too big to fail" with "so big they're safe." That seems to be why a number of...
Taxpayers likely to face initial loss on GM IPO-sources
General Motors Co in the firstoffering of the automaker's stock, six people familiar withpreparations for the landmark IPO said. Subsequent offerings of the government's holdings may beprofitable...
U.S. judge's report favors Kuwait's Agility
* Both sides have 14 days to appeal judge's report (Adds quotes, detail, background) By Matthew Bigg ATLANTA (Reuters) - U.S. prosecutors failed tofollow the correct process when they indicted Kuwait...
Wall St Week Ahead: For stocks, September starts on upbeat note
By Caroline Valetkevitch NEW YORK (Reuters) - U.S. stocks could start nextweek with investors feeling a bit more optimistic about theeconomy, thanks to a stronger-than-expected jobs report,...
EXCLUSIVE-UPDATE 1-US tanker award date becomes more uncertain
By Jim Wolf WASHINGTON (Reuters) - The target date for themuch-delayed award of a possible $50 billion U.S. Air Forcerefueling-plane deal just got murkier, and potentially morepoliticized. No longer...
Foreign-Exchange Firm FXCM Files For IPO Of Up To $200 Million
Foreign-exchange brokerage FXCM Inc. plans to sell up to an estimated $200 million in an initial public offering. The online provider of foreign-exchange trading and related services has more than...
Imperial shuts Nova Scotia refinery ahead of Earl
CALGARY, Alberta (Reuters) - Imperial Oil Ltdsaid Friday it is shutting down its 82,000 barrel aday Dartmouth, Nova Scotia, refinery before the onslaught ofHurricane Earl, the first fuel plant on the...
Andean Surges; Rival Gold Miners Woo Shareholders
Dow Jones )- Andean Resources Ltd. (AND.T) has two suitors at its doorstep and there's good reason to believe the bidding is just getting started. Andean has reached a deal to be bought by Goldcorp...
US grasp of Russia nukes may weaken, official warns
By Susan Cornwell WASHINGTON (Reuters) - American knowledge ofRussia's nuclear capabilities will dwindle if a new nucleararms treaty with Moscow is not ratified, the chief U.S.negotiator argued as a...
IPO VIEW-Skype may not light up IPO market -- analysts
By Liana B. Baker NEW YORK (Reuters) - Skype, the Internet callingcompany, could have trouble getting top dollar in its initialpublic offering thanks...
Google settles Buzz privacy lawsuit
Google Inc hassettled a lawsuit accusing it of privacy violations inconnection with its Buzz social networking service, accordingto a court document filed on Friday. The settlement filing comes on...
EXCLUSIVE-US tanker award date may be pushed back again
By Jim Wolf WASHINGTON (Reuters) - The target date for themuch-delayed award of a possible $50 billion U.S. Air Forcerefueling-plane deal just got murkier, and potentially morepoliticized. No longer...
Duke Energy's Brazil Unit Seeks To Expand Beyond Hydro Power
DUK ) Brazilian unit said Friday it is seeking authorization to change its company statute in order to expand beyond hydroelectric power generation. The company will ask Aneel, Brazil's electricity...
CANADA STOCKS-TSX gains as fears ease after U.S. jobs data
black Friday as astronger than expected U.S. employment report eased fears abouta sputtering recovery. Toronto followed U.S. equities higher after data showedU.S. nonfarm employment fell less than...
METALS-Copper ends off 4-month high on weak services data
(Recasts, updates prices, market activity to New York close, adds secondbyline, dateline, previously LONDON) By Selam Gebrekidan and Michael Taylor NEW YORK/ LONDON (Reuters) - U.S. copper finished...
China tells state companies to explore Potash bid
* Blocking stake, rather than buyout, most likely strategy (Adds comments from IFFCO, legal shares) By Euan Rocha and Joseph Chaney TORONTO/HONG KONG (Reuters) - Chinese officials haveordered state...
GLOBAL MARKETS-Stocks, commodities gain on labor market report
Labor Department said non-farm payrolls fell 54,000 inAugust. Private employment, considered a better gauge of labormarket health than government hiring, added 67,000 jobs afteran upwardly revised...
COMMODITIES-Coffee, corn jump on supply; jobs data helps copper
By Barani Krishnan NEW YORK (Reuters) - Agricultural markets soaredfor a second straight session Friday, with coffee hitting13-year highs and corn two-year peaks, as supply jitters jackedup prices of...
Microsoft releases Windows Phone 7 to manufacturing
released to manufacturing after more than 6 months of its development. The announcement outlined some of the changes in this version, and was generally positive about the milestone. The term...
Taxpayers likely to face initial loss on GM IPO: sources
NEW YORK/DETROIT (Reuters) - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark...
Ex-Goldman programmer wins partial dismissal
The defendant, Sergey Aleynikov, won the dismissal of one count, alleging unauthorized computer access, in a three-count indictment, in a ruling by U.S. District Judge Denise Cote in...
Do stocks even matter anymore?
Well, did you enjoy the stock market in August? The worst U.S. stock market returns since that fun year of 2001 likely had you, like most investors, despondent about the future of equities. Large...
Smartphones still the kid in the hall
‘It’s back to app school,” declares Sidneyeve Matrix, a media professor at Queen’s University. “Highly customized mobile handsets are going to be the killer tool for back to school,” she...
Shareholder groups urges rejection of Kinross-Red Back merger
TORONTO -- The proposed US$7.1-billion merger between Kinross Gold Corp. and Red Back Mining Inc. has been rejected by proxy research firm Institutional Shareholder Services (ISS), which is worried...
Goldcorp wins Andean auction, for now
Canada’s Goldcorp Inc agreed to buy Argentina-focused gold miner Andean Resources Ltd for $3.6 billion, trumping a competing offer from rival Eldorado Gold...
Wall Street Media Presents Todd Sullivan: We’re in a Bond Bubble
NEW YORK - (Business Wire) Wall Street Media presents exclusive video with Todd Sullivan of http://ValuePlays.net with thoughts on why we will not see a double-dip recession because all of the major...
McDonald?s Flunks Burger Taste Ratings
The Best and Worst Burger Joints A recent survey of Consumer Reports' subscribers finds that lesser-known fast food chains such as In-N-Out and Five Guys have better tasting hamburgers than...
Jobs Report Helps Stocks Extend September Rally
The stock market had its first winning week in a month thanks to better news on the economy. The Dow Jones industrial average jumped 128 points Friday, its fourth straight day of gains. The strong...
Obama to Launch New Economic Aid Package
(AP) Eager to jumpstart the economy ahead of crucial midterm elections, President Barack Obama said Friday he intends to unveil a new package of proposals, including tax cuts and targeted spending,...