Daily News Alert | Tuesday, February 1, 2011 12:00 AM PST |
U.S. data buoys Asian stocks, oil hovers above $100
Mon, 31 Jan 2011 10:23 pm PST
 Reuters - Asian stocks posted modest gains on Tuesday, led by shares in resource companies, as strong U.S. factory data and surging commodities prices offset fears that unrest in Egypt could spread elsewhere in the Middle East. Full Story | Top |
Auto sales seen losing momentum in January
Mon, 31 Jan 2011 03:46 pm PST
Reuters - U.S. auto sales lost momentum in the final weeks of January, auto executives and a leading analyst cautioned on Monday, setting the stage for a softer start to 2011 than the industry had expected. Full Story | Top |
BP returns to dividend list
Mon, 31 Jan 2011 11:50 pm PST
 Reuters - BP confirmed an expected return to paying dividends, which it cut at the height of the Gulf of Mexico oil spill last summer, and said it planned to sell two refineries and refocus on oil and gas production. Full Story | Top |
China PMI foreshadow rising inflation
Mon, 31 Jan 2011 11:39 pm PST
 Reuters - Input prices jumped in Chinese and Indian factories in January, adding to pressure from food inflation that the fast-growing economies are already struggling to contain, business surveys showed on Tuesday. Full Story | Top |
Banks more upbeat about 2011 loan quality
Mon, 31 Jan 2011 11:35 am PST
Reuters - Banks were the most optimistic in years as 2011 began that they will not have to write off as many bad business and consumer loans this year, a survey issued by the Federal Reserve showed on Monday. Full Story | Top |
Support grows for lengthening Greek debt payback
Mon, 31 Jan 2011 04:26 am PST
 Reuters - Support is gaining ground in the euro zone for giving Greece more time to pay back its EU bailout to avoid default and ease the worst-indebted EU state's debt burden, although details still have to be pinned down. Full Story | Top |
German retail sales slip as forecasts missed
Mon, 31 Jan 2011 01:46 am PST
 AFP - German retail sales slipped by 0.3 percent in December from the previous month, figures released on Monday by the national statistics service showed, but gained by 1.2 percent for 2010 as a whole. Full Story | Top |
House panel probes Fannie, Freddie legal fees
Mon, 31 Jan 2011 03:32 pm PST
AP - A leading Republican lawmaker has asked federal regulators to explain why taxpayers have spent more than $160 million in legal fees to defend the giant mortgage companies Fannie Mae and Freddie Mac and their former top executives. Full Story | Top |
Tax-evading Irish lawmaker loses defamation case
Mon, 31 Jan 2011 01:09 pm PST
 AP - A lawmaker at the heart of Ireland's first major corruption scandal lost a defamation claim Monday against the journalist who broke the story of his illicit gifts, a revelation that has inspired mammoth state probes into the scale of under-the-table lobbying in Irish politics. Full Story | Top |
Admissions Q&A: ESADE
Fri, 28 Jan 2011 05:08 am PST
BusinessWeek - ESADE Business School (ESADE Full-Time MBA Profile) in Barcelona, Spain, accepted 46 percent of the 692 applications it received in 2010.At No.4 on the Bloomberg Businessweek list of top-ranked non-U.S.business schools, ESADE prides itself on having the feel of a closely knit family in a welcoming city, says Cristina Sassot, director of Admissions at ESADE. Full Story | Top |
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