Bloomberg

Gewaltig Sees ECB Rate Hike First Half of 2011: Audio

February 16, 2011

Feb. 16 (Bloomberg) — Natascha Gewaltig, chief European economist at Action Economics, says the European Central Bank is likely to raise interest rates in the first half of this year.

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Gewaltig Sees ECB Rate Hike First Half of 2011: Audio

February 16, 2011

Feb.

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Gewaltig Sees ECB Rate Hike First Half of 2011: Audio

February 16, 2011

Feb. 16 (Bloomberg) — Natascha Gewaltig, chief European economist at Action Economics, says the European Central Bank is likely to raise interest rates in the first half of this year.

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Ross Walker Says BOE Interest Rate Rise Likely in May: Audio

February 16, 2011

Feb. 16 (Bloomberg) — Ross Walker, an economist at Royal Bank of Scotland Group Plc, says market confidence in the Bank of England is “beginning to wear a bit thin,” and an interest rate hike is likely in May.

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Ross Walker Says BOE Interest Rate Rise Likely in May: Audio

February 16, 2011

Feb. 16 (Bloomberg) — Ross Walker, an economist at Royal Bank of Scotland Group Plc, says market confidence in the Bank of England is “beginning to wear a bit thin,” and an interest rate hike is likely in May.

Read the full article →

Ross Walker Says BOE Interest Rate Rise Likely in May: Audio

February 16, 2011

Feb. 16 (Bloomberg) — Ross Walker, an economist at Royal Bank of Scotland Group Plc, says market confidence in the Bank of England is “beginning to wear a bit thin,” and an interest rate hike is likely in May.

Read the full article →

Chinese Central Bank’s Question-And-Answer Statement on Yuan Translation

February 16, 2011

By Bloomberg News June 20 (Bloomberg) — The following is a translation of portions of the question-and-answer-style statement on yuan exchange rate reform issued by the People’s Bank of China today. Is further yuan reform in China’s interests?

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From Fluor to Booms to Costner, BP Cleanup Means Some Clean Up

February 16, 2011

By Mark Drajem and Katarzyna Klimasinska June 18 (Bloomberg) — Michigan’s depressed economy nearly toppled Grand Rapids-based awning maker Prestige Products. In April, the company’s fortunes changed when executive Brian Rickel got a phone call from an old contact at BP Plc

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Home Sales Probably Waned After Credit U.S. Economy Preview

February 16, 2011

By Shobhana Chandra June 20 (Bloomberg) — The housing market began to retrench in May after a government incentive ended, leaving manufacturing at the head of the U.S.

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Yuan Gain Limited to 1.9% This Year on Euro Drop, Survey Shows

February 16, 2011

By Bloomberg News June 20 (Bloomberg) — The yuan’s appreciation may be limited to 1.9 percent against the dollar this year as the euro’s slump hurts exporters, a survey of economists showed after China signaled an end to a two-year peg. The currency will probably climb to 6.7 per dollar by Dec

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Medvedev Shows Off Sample Coin of New &lsquoWorld Currency&rsquo at G-8

February 16, 2011

By Lyubov Pronina July 10 (Bloomberg) — Russian President Dmitry Medvedev illustrated his call for a supranational currency to replace the dollar by pulling from his pocket a sample coin of a “united future world currency.” “Here it is,” Medvedev told reporters today in L’Aquila, Italy, after a summit of the Group of Eight nations. “You can see it and touch it.” The coin , which bears the words “unity in diversity,” was minted in Belgium and presented to the heads of G-8 delegations, Medvedev said.

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Yuan Policy Move May Boost China&rsquos Stocks, CICC, SocGen Say

February 16, 2011

By Bloomberg News June 20 (Bloomberg) — China’s pledge to make the yuan more flexible may boost shares denominated in the currency when markets open tomorrow, China International Capital Corp. and Societe Generale SA said. “If it leads to appreciation for the yuan, it’s good news for the market,” Hao Hong , global equity strategist for CICC in Beijing, said in a report today

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China Signals End to Yuan&rsquos Peg to Dollar Before G-20 Summit

February 16, 2011

By Bloomberg News June 20 (Bloomberg) — China said it will allow a more flexible yuan, signaling an end to the currency’s two-year-old peg to the dollar a week before a Group of 20 summit. The decision was made after the world’s third-largest economy improved, the central bank said in a statement on its website yesterday, without indicating a timeframe for the change

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Nokia Sits Out Smartphone Revolution as Customers Flock to Apple IPhone 4

February 16, 2011

By Diana ben-Aaron June 17 (Bloomberg) — As Apple Inc.

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L.A.-San Francisco Bullet-Train Bidding Process May Begin Late Next Year

February 16, 2011

By Alan Ohnsman and Chris Cooper June 18 (Bloomberg) — California, the top recipient of funds from President Barack Obama ’s high-speed rail program, expects to issue a tender for a bullet-train line linking Los Angeles and San Francisco by late 2011. The state expects bids from about 10 trainmakers and construction may start as early as the first half of 2012, Quentin Kopp , a California High Speed Rail Authority board member, said in an interview in Los Angeles yesterday. The train will whisk passengers between the two cities, 432 miles apart, in less than 2 hours 40 minutes, according to the state-backed group’s website

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Ferrari Designer Jason Castriota Hired by Saab Auto to Speed Turnaround

February 16, 2011

By Ola Kinnander June 18 (Bloomberg) — Jason Castriota, the U.S.

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Greek Pension `Time Bomb’ May Be Difficult to Defuse for Unwed Daughters

February 16, 2011

By Maria Petrakis June 18 (Bloomberg) — Sophia Constantinidou works as a teacher in a private school in Athens. She also has a more lucrative job: remaining unmarried

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Trading Floor TVs, Atrium Stadiums Help Firms Avoid Soccer Sick-Note Surge

February 16, 2011

By Paul Jarvis and Armorel Kenna June 18 (Bloomberg) — Kellogg Co.

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Macarthur Coal Founder Talbot, Sundance Resources CEO Missing in Cameroon

February 16, 2011

By Elisabeth Behrmann June 20 (Bloomberg) — Sundance Resources Ltd ., an Australian-based iron ore explorer, today confirmed Ken Talbot , former chief executive officer of Australian mining company Macarthur Coal Ltd ., is missing in West Africa after an aircraft carrying nine mining executives was lost.

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Santos Seeks Landslide Win in Colombia as World Cup Keeps Voters at Home

February 16, 2011

By Helen Murphy June 20 (Bloomberg) — Colombians may hand a landslide victory today to presidential candidate Juan Manuel Santos , won over by his pledges to build on Alvaro Uribe ’s successes in boosting investment and beating back Marxist rebels.

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