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  • Stock index futures signal steady open

     

    Traders work on the floor of the New York Stock Exchange

    LONDON (Reuters) - Stock index futures pointed to a steady open on Wall Street on Monday, with futures for the Nasdaq 100, the S&P 500 and the Dow Jones staying flat. The Commerce Department releases March personal income and consumption data at 1230 GMT. Economists expect a 0.3 percent rise in income and a 0.4 percent increase in spending. In February, income rose 0.2 percent and spending was up 0.8 percent. NYSE Euronext said its profits fell by almost a third in the first quarter due to a difficult trading environment and costs from its failed merger with Deutsche Boerse . ...


  • Falcone gets extension in LightSquared creditor talks

     

    Falcone testifies before a US House Oversight and Government Reform Committee hearing on the regulation of hedge funds, on Capitol Hill in Washington

    NEW YORK (Reuters) - Hedge fund manager Philip Falcone's LightSquared is avoiding a default for now on about $1.6 billion of debt after creditors of the upstart wireless telecom company agreed to extend negotiations for a week, source familiar with the matter said. The holders of LightSquared's debt, who include billionaire investor Carl Icahn and hedge fund manager David Tepper, had given Falcone's Harbinger Capital until 10 a.m. Monday to strike a deal for restructuring Harbinger's 96 percent equity control of LightSquared, the source said. ...


  • Spain in recession as austerity bites

     

    Trader gestures in front of his screens during a bond auction on a trading floor in Madrid

    MADRID, APRIL 30 - Spain's economy slipped into recession in the first quarter as domestic demand shrank, data showed on Monday, with deep government spending cuts in an uphill battle to trim the public deficit likely to delay any return to growth. Gross domestic product shrank 0.3 percent in January-March from the previous quarter according to preliminary National Statistics Institute data, unchanged from October-December and compared to a Reuters poll expecting a 0.4 percent contraction. ...


  • For businesses in China, a minefield of bribery risks

     SHANGHAI (Reuters) - Foreign companies doing business in China must navigate a business culture in which bribery is rife, finding ways to remove obstacles to expanding in the world's second-largest economy without running afoul of local or home-country laws. Especially in areas such as dealing with local officials in charge of permits, it is still common for bribes, whether cash or illegal gifts, to be expected in return for providing the necessary approvals, industry and legal experts say. For U.S. ...

  • Euro zone inflation cools but ECB seen holding rates

     

    A sculpture showing the Euro currency sign is seen in front of the European Central Bank (ECB) headquarters in Frankfurt

    BRUSSELS (Reuters) - - Inflation pressures in the euro zone eased slightly in April from March but were still above expectations, giving the European Central Bank little room to lower interest rates to help revive economic growth across the continent. Consumer price inflation in the 17 nations sharing the euro moderated to 2.6 percent year-on-year in April from 2.7 percent in March, the EU's statistics office Eurostat said on Monday. Economists polled by Reuters had forecast inflation of 2.5 percent. ...


  • Law firm Dewey dumps executive; talks with rival end

     

    A sign marking the Dewey & LeBoeuf LLP headquarters on Sixth Avenue is seen in New York

    NEW YORK (Reuters) - Embattled law firm Dewey & LeBoeuf said on Sunday it removed its former chairman from various leadership positions amid a probe by the Manhattan district attorney and said that talks with rival firm Greenberg Traurig about a potential transaction ended with no deal. According to an internal firm memo obtained by Reuters, Dewey's executive committee voted to oust Steven Davis from its ranks and remove him from a five-member management team put in place during a leadership shakeup last month. The firm's management also disclosed that talks with Greenberg Traurig had ended. ...


  • Energy Transfer Partners to buy Sunoco for $5.3 billion

     (Reuters) - Pipeline operator Energy Transfer Partners LP said it will buy Sunoco Inc for $5.3 billion in stock and cash as part of its plan to bulk up presence in the transportation of crude oil, natural gas liquids and refined products. Sunoco shareholders will receive $50.13 per share, a 22.5 percent premium over the stock's Friday close of $40.91 on the New York Stock Exchange. (Reporting by Swetha Gopinath in Bangalore; Editing by Sriraj Kalluvila)

  • Nokia in talks to sell luxury Vertu unit: source

     

    A Vertu Signature mobile phone costing over 9,500 euros is displayed in Helsinki

    LONDON (Reuters) - Cellphone maker Nokia is in talks to sell its UK luxury subsidiary Vertu, which hand makes some of the world's most expensive mobile phones, a source familiar with the company's strategy said on Monday. Earlier the Financial Times reported that talks with private equity group Permira were at an advanced stage on a possible sale which would raise about 200 million euros ($265 million). Vertu's cellphones can feature crystal displays and sapphire keys, costing more than 200,000 pounds ($320,000) due to the precious metal components. ...


  • EU's Barnier backs economic growth pact: paper

     

    European Union's Internal Market Commissioner Michel Barnier addresses a news conference on the progress of the single market and the 2011 governance check-up report in Brussels

    BERLIN (Reuters) - The EU's Internal Market Commissioner Michel Barnier has thrown his weight behind calls for an economic growth pact to complement an austerity drive that has triggered a political and popular backlash across the euro zone. "I am advocating that we prepare a European growth initiative in addition to the agreements on budget discipline," Barnier told Germany's Die Welt newspaper in an interview published on Monday. ...


Business News Headlines - Yahoo! News 

Vehicle Fire Suppression - Vehicle Fire Suppression
...sion system using monoammonium phosphate base-a dry chemical agent used to control most fires. This particular system is designed for large, off-road type construction and mining equipment for example; large excavators/shovels, draglines, haul trucks, wheeled loaders and even specialty vehicles such as slab carriers, tunnel boring machines, solid waste handling equipment and even forestry vehicles. These types of equipment and vehicles have large volumes of oils and hydraulic fluids under pressure so that is fire safety is of upmost importance. The above vehicle fire suppression System is a suppression system only and is not designed or intended to extinguish all fires. That is why it is very important that alternative fire fighting equipment is available in case the system does not totally extinguish a fire ...
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Retaining Walls - Retaining Walls
... basis. A host of Retaining walls are used to hold back soil from a building that`s being erected. Typically the Retaining walls are made from a number of materials and pre-cast concrete is one such material that works well in this instance. For years Retaining walls have been used to keep soil and rock back and the concrete used to make the walls used to be poured in from concrete mixers. However, segmented Retaining walls are now more popular and these can be pre-fabricated through external companies and then transported onto site. Companies that specialise in making Retaining walls can transport the products around the country. The units that complete the Retaining walls can be manufactured to run over large lengths and a number of varieties are available to choose from. Currently L-block solu...
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Presentation Skills - Presentation Skills
...? Would you thrive in this scenario and put your presentation skills to the test, or would you much rather hide away at the back of the room? It can be a daunting proposition to get up and sell a new sales pitch in front of critical clients. They`ll be waiting to perplex you and use their specialist skills to question each detail, or fact that you provide them with. It certainly helps if you have received comprehensive sales training that includes presentation skills as one of the subject areas. Corporate training is big business these days and professional sales people need to be given skill sets that make them valuable assets to their company. Companies need to invest in the future of their sales teams and they can ensure they are equipped with all of the skills that they require by enlisting ...
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Tape Storage - Tape Storage
...storage facilities provide business with the ideal answer when they want to create additional room within the office setting. Old tapes can be taken away from the company and they can be stored in secure environments far away from the building. Should their services be required in the future they can be brought back to the business where the information that is kept on them can be perused. It seems pointless having row upon row on unused tapes taking up room in your office when you can keep them in a secure tape storage location elsewhere. The space that you clear in the office can be put to greater use and the tapes can still be accessed at anytime that you like. Rest assured that your tapes will be free from dust, water damage and acts of abuse once they are placed in the holding facility. Each item is traceable from the moment it comes into the possession of the tap...
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The Taxation People - Article01.html
...payers have paid too much tax! The Taxation People, are a forward thinking online accountancy service that specialise in helping people who might be eligible for a tax refund. They offer a online service, with a simple and easy to follow process that will get you the refund you are entitled to. I would urge you to check out The Taxation People, where if you have been or are currently employed The Taxation People can help you get a Tax Refund. The Taxation People are a trading name of Greer & Taylor LLP a respected and trusted accountancy service provider who offers a number of online services. Initially they are only offering the Tax Refund service that can be found at www.thetaxationpeople.com, but Greer & Taylor LLP are about to lauch a cost effective Self Assesment Service, keep an eye on www.greer-taylor.com for more in...
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Sea Freight - Sea Freight
...rwarding firm to handle the consignment on your behalf? Not sure about global freight policies and need the shipping team to take care of all the documentation on dockside? This shouldn`t be a problem because you can locate Sea Freightspecialists who work with a network of International freight forwarding partners. A highly professional company can take care of all your Sea Freightrequirements and ensure that your shipment reaches Spain in time for the deadline that is in place. People rely on freight forwarding companies when they have consignments that have to be in a certain locations overseas. Their customers can be expecting deliveries within a set timescale and they can`t be kept waiting for their goods. If they are given a deadline for orders to be delivered they`ll be fully expectin...
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Structured Products - Structured Products
...sors take their time to research the latest structured productsthat are on the market? Do they compare and contrast, analyse and evaluate the products that will be suitable for their clients? If they take their role seriously they will and they`ll use all of the information that is readily available to them at the present time. It`s not as if it`s hard to find structured productswithin the marketplace and IFAs should make it their business to recognise the ones that will best suit their client`s needs. A service is available online to assist IFAs and the aim of the site is to promote the sector making it easier to understand. With this in mind the site is sponsored by product providers and they are open for financial service professionals. Registration is free and no commitment is required and a wealth of useful services can be found. IFAs will find...
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Platform Trucks - Platform Trucks
...latform trucks have been in use since ages and have only changed in appearance. They do not have their traditional looks any longer, but they still perform the way did years ago. These platform devices have been built with a flat base on wheels, and they have handles to push or pull them with. These basic but important features allow them to carry materials or objects from one place to another conveniently and without putting a strain on person using them. Platform trucks are normally constructed of welded steel, and they also have an anti-slip waterproof platform as well as handles with a drop safety device. These platform instruments are secure, safe and convenient for transporting material or objects....
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Presentation Binders - Presentation Binders
...l life by watching a film, playing a computer game or drinking a bottle of wine with friends. Many people like me have a passion for writing; it is a way of expressing ourselves, passing the time and using our imagination. I have never considered having any of my work published, but I have used Presentation binders for the pieces of work that I am especially proud of. Presentation binders ensure that all the pages are held together in the correct order and I can keep them in an organised fashion rather than looking at them years later and becoming confused by the plot. Also wherever I store them due to the plastic covering they would be more likely to survive any damp that might occur. Obviously if I was going to send my work to a publisher if I used Presentation binders, they would be more likely to take my work seriously and there...
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Coffee Shop Menu Printers - Coffee Shop Menu Printers
...s tend to order the same thing. I might peruse the menu but I always order a Latte in the end. This has nothing to do with the way that the menu is laid out it`s just me preferring a certain type of coffee over others. I`m sure plenty of people are like me but there are also more adventurous types. They`ll pick up a menu and select something different every time they visit the establishment. Menus vary from one coffee shop to the other but one thing they have in common is they begin life at Coffee Shop Menu Printers. Artwork might have been sent through to the printers from the coffee shop and they will have produced top quality menus for the business in question. The look of the menus will no doubt sway certain customers into selecting a particular type of beverage. Quality counts and that`s why every menu produced by ...
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