Reuters - Midstream energy services provider Enterprise Products Partners LP said it would buy Enterprise GP Holdings LP for about $8.03 billion to reduce its capital costs and simplify its partnership structure.
Reuters - 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.
AFP - The European Union laid out ambitious goals on Tuesday to strengthen its economy as the European Commission proposed a joint EU-wide bond and ministers approved tighter financial supervision.
AP - The European Union agreed to create new financial oversight institutions Tuesday, hoping to prevent a repeat of the government debt crisis that nearly left Greece bankrupt and brought the European banking system to its knees.
AP - Today, it's a sprawl of luxury vacation homes where Egypt's wealthy play on the white beaches of the Mediterranean coast. But 2,000 years ago, this was a thriving Greco-Roman port city, boasting villas of merchants grown rich on the wheat and olive trade.
BusinessWeek - Don't expect an Elizabeth Warren-style campaign for the first director of the Office of Financial Research, yet another agency set up under the financial system overhaul. Unlike the pending decision over who will lead the Consumer Financial Protection Bureau, which has prompted online petitions and a viral rap video in support of the Harvard law professor, the competition over who will be the head of the research office is a wonks-only affair. ...
AFP - World oil prices fell on Tuesday as the market reacted to the end of the peak demand season coming at a time when supplies are high, analysts said.
Reuters - Stock index futures fell on Tuesday after reports on the European banking system rekindled concerns about the financial health of the region.
Reuters - Change swept through the top of Britain's banks on Tuesday as Barclays said its investment banking supremo Bob Diamond will take over as chief executive and HSBC was expected to say its chairman is going into government.
AP - Japan has confirmed the nation's first case of a new gene in bacteria that allows the microorganisms to become drug-resistant superbugs, detected in a man who had medical treatment in India, a Health Ministry official said Tuesday.
SAN JOSE, Calif., Sept. 7 /PRNewswire/ -- Altera Corporation (Nasdaq: ALTR) today announced it will demonstrate the industry's first single-chip 4K, format conversion reference design with integrated serial digital interface (SDI) at IBC2010 in Hall 5, Booth A19, September 9 to 14, at the RAI Center in Amsterdam. Today's digital cinema and the next generation of Pro A/V applications, including ...
BERLIN - EUROPEAN powerhouse Germany received a blow on Tuesday as orders for its industrial goods unexpectedly dropped significantly in July, following a strong rise the month before, official data showed. Industrial orders fell by 2.2 per cent on the month, figures from the economy ministry showed, following an upwardly revised gain of 3.6 per cent the previous month.
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Reuters - American International Group Inc plans to seek Hong Kong listing committee approval on September 21, to list its Asian life insurance unit, aiming to raise about $15 billion, two sources with direct knowledge of the deal said on Tuesday.
(RTTNews) - Germany's factory orders declined 2.2% in July from the prior month, the Federal Ministry of Economics and Technology said on Tuesday. Economists were expecting factory orders to rise 0.5% after increasing 3.6% in June.
German factory orders unexpectedly fell in July as demand in the euro region weakened, indicating the recovery in Europe’s largest economy is losing momentum.
FXstreet.com (Barcelona) - The Factory Orders indicator in Germany published by the Federal Ministry of Economics and Technology plunged 2.2% in the monthly comparison and 14.0% in the year over year indicator for July, slowing down considerably from prior months.
Britain's leading oil industry association says it is unnecessary to impose a moratorium on drilling in the North Sea until the Gulf of Mexico spill is fully investigated.
Berlin- German factory orders fell sharply in July, data released Thursday showed, raising fresh concerns about the outlook for Europe's biggest economy.
German factory orders in July fell by 2.2% missing expectations of a 0.5% expansion according to the Economy Ministry in Berlin. The drop was most unexpected and comes amid weakening demand from the euro-region for German produced goods, suggesting that the recovery in Germany may slow in the third quarter, after its blistering pace in Q2. Axel Weber, Germanys central bank president said ...
(RTTNews) - Romania's industrial turnover and new orders decreased in July from the previous month. The total industrial turnover decreased 7.3% on a monthly basis in July, a report by the National Institute of Statistics showed on Tuesday.
Reuters - European Union finance ministers made a fresh attempt on Tuesday to settle their differences over taxation of banks and trading as they prepared to approve the creation of new financial watchdogs.
The Australian ICT industry has been quick to react to the news that Labor will be able to form government following the support of Independent MPs, Rob Oakshott and Tony Windsor.
Nevada Industry Excellence has expanded its business-training curriculum to two levels of local sales training through the Make The Sale! program. The curriculum is a collaboration between NVIE and program developers Strategic Essentials and Alice Heiman LLC.
Chinese industrial production annual growth is likely to slow further in the second half of this year, the Ministry of Industry and Information Technology said Tuesday.
(RTTNews) - Industrial production in Denmark rose 2.2% year-on-year in July, the Statistics Denmark said on Tuesday. Month-on-month, industrial output grew a seasonally adjusted 1.4%.
Industrial production in Turkey increased 8.9% in July compared with the same month of the previous year, the Turkish Statistical Institute said on Tuesday. Economists had forecast a 8% rise.
Even before the recent salmonella outbreak, America's egg industry was struggling to fend off another threat: allegations that it was cruel to chickens.
The Għarb factory should never have had so many fireworks in one place, especially when people were still working there, pyrotechnics inspector Servolo Delicata said yesterday.
Australia’s food and grocery manufacturing industry has welcomed the new Gillard Government, with announcements from the Australian Food and Grocery Council (AFGC) and Australian Retailers Association, stating that they looked forward to working with the new government on a range of issues. Commenting on today’s decision by two Independent MPs to support Labor, AFGC Chief Executive [...]
AFP - The drought in Russia and floods in Pakistan are part of a global trend of unpredictable weather patterns and rainfall that threaten food security, experts gathered in Stockholm said.
Reuters - Silicon Valley technology giant Oracle Corp has hired Mark Hurd, the former chief executive of Hewlett-Packard Co who resigned amid a scandal, as president.
AFP - Greenpeace urged Japan on Tuesday to probe graft claims in its state-funded whaling programme, a day after two of its activists received suspended jail terms for committing theft during an investigation.
(RTTNews) - German factory orders and Swiss unemployment are the major data due on Tuesday. Other reports scheduled for the day include Sweden's budget balance and Norwegian industrial output.
Reuters - The U.S. Justice department is looking into Google Inc's takeover of airline ticketing software firm ITA Software Inc, to determine whether the deal would exert too much influence on the online travel industry, the Wall Street Journal said.
China’s industrial output growth may slow to about 10 percent in the second half, Xin Guobin, an official with the nation’s industry ministry said in Beijing today.
The egg industry, already battling a salmonella outbreak, is spending millions of dollars to fend off increasing efforts to ban cramped chicken cages. Business - Food and Related Products - Poultry - Meat and Seafood - Associations
Chennai, Sep 4 (UNI) The hotel industry in the south is heading for a massive expansion with 119 new hotels set to add about 11,000 additional rooms, Mr T Natarajan, Secretary, South India Hotels and Restaurants Association (SIHRA) said today.
The Christian Science Monitor - The rise of the Arab states of the Persian Gulf is a now-familiar tale. Tiny societies of pearl divers, coastal merchants, and nomadic Bedouin were transformed in the last half of the 20th century by oil and natural-gas wealth. Sparkling office towers and hotels sprang into the muggy air, the monarchs that rule these tiny emirates became bywords for financial excess, and newspapers described the region's economic "miracle."