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ThedayaheadJuly302011
From: Reuters on Thu, Jun 30 2011 5:57 PM
June 30 - IFR Markets is forecasting seasonally-adjusted annualized vehicle sales of 12.2 million units in June, higher than the consensus estimate of 12 million and May’s dismal 11.75 million pace.
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BreakingviewsWhatMySpacesaysaboutMurdochsdeals
From: Reuters on Thu, Jun 30 2011 4:35 PM
June 30 - Reuters Breakingviews columnists say NewsCorp’s sale of MySpace at a more than $500 million loss is the latest reminder of bad investment decisions made by CEO Rupert Murdoch.
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BreakingviewsWhatMySpacesaysaboutMurdochsdeals
From: Reuters on Thu, Jun 30 2011 4:13 PM
June 30 - Reuters Breakingviews columnists say NewsCorp’s sale of MySpace at a more than $500 million loss is the latest reminder of bad investment decisions made by CEO Rupert Murdoch.
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Greeklawmakersbackreforms
From: Reuters on Thu, Jun 30 2011 1:56 PM
June 30 - The Greek parliament has approved detailed austerity and privatization bills in a crucial vote to secure emergency funds and avert imminent bankruptcy. Sonia Legg reports.
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ChileanFinMinHopesThereIsNoQE3
From: Reuters on Thu, Jun 30 2011 12:56 PM
Chile, like many emerging economies, struggled with the huge capital inflows unleashed by the zero interest rate policies caused by QE2. Finance Minister Felipe Larrain makes the case for no QE3.
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UKcivilservantsstrikeoverpensions
From: Reuters on Thu, Jun 30 2011 12:56 PM
June.30 - Dozens of arrests were made at a march in London lead by teachers and civil servants in protest at planned pension reforms, launching what could be a long period of labour unrest over austerity measures. Hayley Platt reports
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UKsLloydsbankcuts15000jobs
From: Reuters on Thu, Jun 30 2011 11:56 AM
June 30 - Lloyds has unveiled a new-cost saving programme which will see 15,000 jobs go and halve its international presence by 2014. Hayley Platt reports.
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MergerfailleavesLSEvulnerable
From: Reuters on Thu, Jun 30 2011 10:56 AM
June 30 - The LSE has failed in its merger bid for TMX group, leaving the exchange in vulnerable to a takeover bid. Ciara Sutton reports.
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TrichetsaysECBinstrongvigilence
From: Reuters on Thu, Jun 30 2011 10:56 AM
June 30 - ECB President Jean-Claude Trichet says the bank is on permanent alert, dismissing any speculation that it may delay interest rate rises because of Greek crisis. Rough Cut (no reporter narration).
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MergerfailleavesLSEvulnerable
From: Reuters on Thu, Jun 30 2011 10:31 AM
June 30 - The LSE has failed in its merger bid for TMX group, leaving the exchange in vulnerable to a takeover bid. Ciara Sutton reports.
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BusinesswomenflocktoSwissschool
From: Reuters on Thu, Jun 30 2011 7:55 AM
June 30 - Polly an ex-investment banker from Hong Kong invests in a short course at Switzerland’s last finishing school which she says will help her to build better business relationships in the future. Hayley Platt reports.
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InsidethenewsCautionurgedoverperipheralEZdebtrally
From: Reuters on Thu, Jun 30 2011 7:55 AM
June 30 - Commerzbank Strategist David Schnautz says investors should be cautious about the relief rally in peripheral euro zone debt after the Greek vote as they may get caught in an illiquid market.
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InterviewwithGreekShadowFinanceMinisterNotisMitarachi
From: Reuters on Thu, Jun 30 2011 6:55 AM
Notis Mitarachi, the Greek shadow Finance Minister talks to Reuters Insider about party politics in Athens and its crucial austerity vote.
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USChinaacomplexrelationship
From: Reuters on Wed, Jun 29 2011 6:53 PM
The US wants to figure out just how much of its debt is in Chinese hands. This information might become essential for the US Treasury to tempt down any concerns that might arise at the market if the nervousness of the bond market boils over. Eswar Prasad, Senior Fellow Brookings Institution, exp...
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MarketsriseGreeceworryremains
From: Reuters on Wed, Jun 29 2011 6:53 PM
June 29 - Wall Street rallied for a third day as Germany backs Greece’s austerity vote, but investors say the chance of a sovereign default, though lower, remains. Conway Gittens reports.
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MerkelapplaudsGreekvote
From: Reuters on Wed, Jun 29 2011 6:53 PM
June 29 - German Chancellor Angela Merkel says the Greek austerity vote is good for Greece and for the euro. Conway Gittens reports.
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ThedayaheadJune302011
From: Reuters on Wed, Jun 29 2011 5:51 PM
June 29 - IFR is calling for PMI to drop to 51.0, from 54.0 the previous month, partly due to auto plants shutting down for retooling. Other analysts expect a rise to 56.6.
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Lululemonfindstherightfit
From: Reuters on Wed, Jun 29 2011 4:53 PM
June 29 - At a time when most retailers are struggling, Lululemon with its pricey yoga apparel and unique culture, has found a niche that has consumers buying in- and Wall Street bidding up its stock. Bobbi Rebell reports.
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ChaosinAthensfollowingausterityvote
From: Reuters on Wed, Jun 29 2011 3:52 PM
June 29 - Riot police and protesters continue to engage in running battles in Athens following parliament’s approval of a tough, new austerity package. Rough Cut (no reporter narration).
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ObamacallsforactiononUSdebt
From: Reuters on Wed, Jun 29 2011 2:52 PM
June 29 - President Obama called for swift action to raise the debt ceiling saying a U.S. default will be "significant" for the economy. Deborah Lutterbeck reports.
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