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Member 3840
Growth hopes boost global equities (Reuters)
07-09-2010 01h40Reuters - World stocks rose on Monday on hopes the U.S. economy can avoid slipping back into recession, although the International Monetary Fund's chief economist warned of weak growth in both the United States and Europe.
Obama kicks off campaign with infrastructure plan (Reuters)
07-09-2010 10h50Reuters - President Barack Obama, scrambling to spur job creation, proposed a six-year plan on Monday to rebuild infrastructure with an initial $50 billion investment and prepared new business tax cuts.
Oil operations in Gulf unaffected by storm (Reuters)
07-09-2010 04h15Reuters - BP Plc , the largest oil producer in U.S.-regulated areas of the Gulf of Mexico, and Shell Oil Co (RDSa.L) said Monday that Tropical Storm Hermine was not affecting their offshore operations.
Basel committee seeks 9 percent Tier 1 capital: report (Reuters)
07-09-2010 03h43Reuters - Global banks will be required to hold Tier 1 capital of nine percent including a 3 percent so-called "conservation buffer," German weekly Die Zeit reported, quoting a draft proposal from the Basel Committee, the body tasked with drawing up global banking rules.
Fed should not set limit on economy aid: Kohn (Reuters)
07-09-2010 01h48Reuters - The Federal Reserve should not announce a limit on its actions if it resumes purchases of Treasury securities to stimulate the U.S. economy, the former vice chairman of the central bank said.
A look at economic developments around the globe (AP)
04-09-2010 02h00AP - A look at economic developments and activity in major stock markets around the world Friday:
Diverse water sources key to food security: report (Reuters)
06-09-2010 09h02Reuters - Increasingly erratic rainfall patterns related to climate change pose a major threat to food security and economic growth, water experts said on Monday, arguing for greater investment in water storage.
Campbell reports Q4 profit rise on better margins (AP)
04-09-2010 05h48AP - Summer is rarely a hot sales season for Campbell Soup Co., and this year's sweltering June and July made that even more true, but the company said Friday that cost-cutting and strong drink sales helped its net income climb.
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