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GLOBAL MARKETS-Dollar, shares rangebound ahead of Fed meeting
Reuters* European shares flat after early dip, Nikkei ends down 0.2 pct * Dollar rises vs yen, choppy against basket of key currencies * Oil eases off 10-week high, gold falls By Marc Jones LONDON, June 18 (Reuters) - Global markets mostly stuck to tight ranges...Tags: Foreign Exchange Market, Money and Monetary Policy, Mario Draghi, Germany, Globalization
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Maersk plans alliance with two biggest shipping rivals
ReutersCOPENHAGEN (Reuters) - The world's three biggest container shipping companies, including Maersk Line, have agreed to share vessels in a bid to minimize losses caused by over capacity and falling freight rates. Maersk Line, the world's biggest container...Tags: China, Waterway and Maritime Transportation Industry, Marketing, France, Copenhagen (Denmark)
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GLOBAL MARKETS-Dollar gains, shares subdued as markets await Fed
Reuters* World shares flat before Fed meeting, Wall Street seen firmer * Dollar rises vs yen, other Asian currencies * Oil backs off 10-week high, gold falls * German ZEW survey a distraction ahead of Fed By Marc Jones LONDON, June 18 (Reuters) - The dollar...Tags: China, Foreign Exchange Market, Money and Monetary Policy, Central Bank, Ben Bernanke
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Chevron selling three more Nigerian oil blocks
ReutersABUJA, June 18 (Reuters) - U.S. energy firm Chevron is selling three more Nigerian oil blocks, the company said on Tuesday, taking to five the number of assets it is selling in Africa's biggest oil producer. Chevron is to sell its 40 percent stake in... -
Russia starts delivering $1 bln arms package to Azerbaijan
Reuters* Arms deal includes tanks, rocket launchers * Azerbaijan military build-up worries Armenia * Still no peace treaty in Nagorno-Karabakh conflict MOSCOW, June 18 (Reuters) - Russia has begun delivering tanks, artillery cannons and rocket launchers worth...Tags: Unrest, Conflicts and War, Moscow (Russia), Armenia, Azerbaijan, Board of Directors
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Russia starts delivering $1 billion arms package to Azerbaijan
ReutersMOSCOW (Reuters) - Russia has begun delivering tanks, artillery cannons and rocket launchers worth $1 billion to Azerbaijan, a Moscow-based defense group said on Tuesday, as the former Soviet republic strengthens its military readiness in the volatile...Tags: Unrest, Conflicts and War, Moscow (Russia), Armenia, Azerbaijan, Wars and Interventions
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CANADA STOCKS-TSX opens higher on U.S. data as Fed looms
ReutersTORONTO, June 18 (Reuters) - Canada's main stock index opened higher on Tuesday as positive U.S. economic data and higher oil prices fueled gains in financial and energy stocks ahead of a crucial Federal Reserve policy meeting. The Toronto Stock...Tags: Canada, Toronto Stock Exchange, Toronto (Canada), Stock Market, Federal Reserve
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Kimberly-Clark moves to ease Venezuelan toilet paper shortage
ReutersCARACAS, June 18 (Reuters) - Kimberly-Clark Corp is planning a $234 million investment to expand operations in Venezuela, the state news agency said, in a move that should help ease an embarrassing national shortage of toilet paper. Scarcity of some food...Tags: Kimberly-Clark Corporation, Politics, Venezuela, National Government, News Agency
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COLUMN-E.ON bets on fuel cells for small-scale energy: Wynn
Reuters(The author is a Reuters market analyst. The views expressed are his own.) By Gerard Wynn LONDON, June 18 (Reuters) - Germany utility E.ON has made a high-risk bet on fuel cells for distributed power, after entirely missing out on a solar boom in...Tags: Alternative Energy, Water Supply, Environmental Issues, eBay Inc., Renewable Energy
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GLOBAL MARKETS-Dollar gains, shares firm as markets await Fed
Reuters* Asset classes around the world focus on Fed meeting * World shares flat, Fed statement due Wednesday * Dollar rises vs yen and other major currencies * Brent crude rises above $106 By Leah Schnurr NEW YORK, June 18 (Reuters) - The dollar rose and U.S....Tags: Nasdaq Composite, HSBC Holdings plc, Foreign Exchange Market, S&P 500, Money and Monetary Policy
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Consumer prices nudge up in May, but inflation remains tame
WASHINGTON -- Consumer prices rose in May for the first time in three months, but the increase was small and inflation over the past year remained tame, the Labor Department said Tuesday. The consumer price index rose a seasonally adjusted 0.1% last...
Tags: Consumers, Market and Exchange, National Security Agency, Economy, Business and Finance, Natural Gas
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CORRECTED-Kimberly-Clark moves to ease Venezuelan toilet paper shortage
Reuters(Corrects currency to bolivars not dollars, and name of manager to Cahen not Cohen) CARACAS, June 18 (Reuters) - Kimberly-Clark Corp is planning a 234 million bolivar ($37.1 mln) investment to expand operations in Venezuela, the state news agency said,...Tags: Kimberly-Clark Corporation, Politics, National Government, News Agency, Government
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