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  • Stock index futures signal steady open

     

    Traders work on the floor of the New York Stock Exchange

    LONDON (Reuters) - Stock index futures pointed to a steady open on Wall Street on Monday, with futures for the Nasdaq 100, the S&P 500 and the Dow Jones staying flat. The Commerce Department releases March personal income and consumption data at 1230 GMT. Economists expect a 0.3 percent rise in income and a 0.4 percent increase in spending. In February, income rose 0.2 percent and spending was up 0.8 percent. NYSE Euronext said its profits fell by almost a third in the first quarter due to a difficult trading environment and costs from its failed merger with Deutsche Boerse . ...


  • Falcone gets extension in LightSquared creditor talks

     

    Falcone testifies before a US House Oversight and Government Reform Committee hearing on the regulation of hedge funds, on Capitol Hill in Washington

    NEW YORK (Reuters) - Hedge fund manager Philip Falcone's LightSquared is avoiding a default for now on about $1.6 billion of debt after creditors of the upstart wireless telecom company agreed to extend negotiations for a week, source familiar with the matter said. The holders of LightSquared's debt, who include billionaire investor Carl Icahn and hedge fund manager David Tepper, had given Falcone's Harbinger Capital until 10 a.m. Monday to strike a deal for restructuring Harbinger's 96 percent equity control of LightSquared, the source said. ...


  • Spain in recession as austerity bites

     

    Trader gestures in front of his screens during a bond auction on a trading floor in Madrid

    MADRID, APRIL 30 - Spain's economy slipped into recession in the first quarter as domestic demand shrank, data showed on Monday, with deep government spending cuts in an uphill battle to trim the public deficit likely to delay any return to growth. Gross domestic product shrank 0.3 percent in January-March from the previous quarter according to preliminary National Statistics Institute data, unchanged from October-December and compared to a Reuters poll expecting a 0.4 percent contraction. ...


  • For businesses in China, a minefield of bribery risks

     SHANGHAI (Reuters) - Foreign companies doing business in China must navigate a business culture in which bribery is rife, finding ways to remove obstacles to expanding in the world's second-largest economy without running afoul of local or home-country laws. Especially in areas such as dealing with local officials in charge of permits, it is still common for bribes, whether cash or illegal gifts, to be expected in return for providing the necessary approvals, industry and legal experts say. For U.S. ...

  • Euro zone inflation cools but ECB seen holding rates

     

    A sculpture showing the Euro currency sign is seen in front of the European Central Bank (ECB) headquarters in Frankfurt

    BRUSSELS (Reuters) - - Inflation pressures in the euro zone eased slightly in April from March but were still above expectations, giving the European Central Bank little room to lower interest rates to help revive economic growth across the continent. Consumer price inflation in the 17 nations sharing the euro moderated to 2.6 percent year-on-year in April from 2.7 percent in March, the EU's statistics office Eurostat said on Monday. Economists polled by Reuters had forecast inflation of 2.5 percent. ...


  • Law firm Dewey dumps executive; talks with rival end

     

    A sign marking the Dewey & LeBoeuf LLP headquarters on Sixth Avenue is seen in New York

    NEW YORK (Reuters) - Embattled law firm Dewey & LeBoeuf said on Sunday it removed its former chairman from various leadership positions amid a probe by the Manhattan district attorney and said that talks with rival firm Greenberg Traurig about a potential transaction ended with no deal. According to an internal firm memo obtained by Reuters, Dewey's executive committee voted to oust Steven Davis from its ranks and remove him from a five-member management team put in place during a leadership shakeup last month. The firm's management also disclosed that talks with Greenberg Traurig had ended. ...


  • Energy Transfer Partners to buy Sunoco for $5.3 billion

     (Reuters) - Pipeline operator Energy Transfer Partners LP said it will buy Sunoco Inc for $5.3 billion in stock and cash as part of its plan to bulk up presence in the transportation of crude oil, natural gas liquids and refined products. Sunoco shareholders will receive $50.13 per share, a 22.5 percent premium over the stock's Friday close of $40.91 on the New York Stock Exchange. (Reporting by Swetha Gopinath in Bangalore; Editing by Sriraj Kalluvila)

  • Nokia in talks to sell luxury Vertu unit: source

     

    A Vertu Signature mobile phone costing over 9,500 euros is displayed in Helsinki

    LONDON (Reuters) - Cellphone maker Nokia is in talks to sell its UK luxury subsidiary Vertu, which hand makes some of the world's most expensive mobile phones, a source familiar with the company's strategy said on Monday. Earlier the Financial Times reported that talks with private equity group Permira were at an advanced stage on a possible sale which would raise about 200 million euros ($265 million). Vertu's cellphones can feature crystal displays and sapphire keys, costing more than 200,000 pounds ($320,000) due to the precious metal components. ...


  • EU's Barnier backs economic growth pact: paper

     

    European Union's Internal Market Commissioner Michel Barnier addresses a news conference on the progress of the single market and the 2011 governance check-up report in Brussels

    BERLIN (Reuters) - The EU's Internal Market Commissioner Michel Barnier has thrown his weight behind calls for an economic growth pact to complement an austerity drive that has triggered a political and popular backlash across the euro zone. "I am advocating that we prepare a European growth initiative in addition to the agreements on budget discipline," Barnier told Germany's Die Welt newspaper in an interview published on Monday. ...


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Presentation Binders - Presentation Binders
...l life by watching a film, playing a computer game or drinking a bottle of wine with friends. Many people like me have a passion for writing; it is a way of expressing ourselves, passing the time and ...
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Document Storage - Document Storage
...ing with old files? Folders scattered all over the floor? Rapidly running out of room for file storage and need a solution fast? Have you thought about outsourcing your document storage to speciali...
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Custom Clearance - Custom Clearance
...ou stressed at the moment because you find yourself worrying about the consignment of rugs that are being shipped in from Cairo? Do you find the whole process of Custom Clearancea bit of a muddle and...
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A4 Presentation Binders - A4 Presentation Binders
...ntending on presenting material to my colleagues that I wanted them to take seriously and believe in its credibility then I would also use A4 presentation binders . Obviously if I was going to send ...
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Keysafes - Keysafes
... man of leaving my car keys out on show at home. I should really find a place to hide them away until they are required and perhaps a keysafe would be the ideal place. Both small and large keysafes ...
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Lifting Equipment - Lifting Equipment
...that have been put in place by the government to protect employees from the dangers of Lifting Equipment. The Regulations aim to reduce the risks to people`s health and provide safety from lifting. Ge...
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Vehicle Fire Suppression - Vehicle Fire Suppression
...using monoammonium phosphate base-a dry chemical agent used to control most fires. This particular system is designed for large, off-road type construction and mining equipment for example; large exca...
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The Taxation People - Article01.html
... three UK taxpayers have paid too much tax! The Taxation People, are a forward thinking online accountancy service that specialise in helping people who might be eligible for a tax refund. They offer...
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Folding Trolley - Folding Trolley
...s or even small loads repeatedly from one location to another. This is why people have started to use tools that have been manufactured for the purpose of making such tasks more convenient and efficie...
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Fire Suppression - Fire Suppression
...can be a fearful sight when it is raging out of control and it will devour anything that is in its path. The bush fires in Australia claimed numerous lives recently and over in America, California ha...
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Plant Hire Software - Plant Hire Software
...t hire equipment and trying to keep a track of it at all times. If you are a site manager and are responsible for the movement of hire equipment from one site to another, I`m guessing that it can pro...
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Coffee Shop Menu Printers - Coffee Shop Menu Printers
...r the same thing. I might peruse the menu but I always order a Latte in the end. This has nothing to do with the way that the menu is laid out it`s just me preferring a certain type of coffee over o...
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Exhibition Contractors - Exhibition Contractors
...any companies and individuals providing services that include all kinds of resources for an exhibition of a single item or more than one item. They can produce many ideas for one or make turn own idea...
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Lashing Equipment - Lashing Equipment
...g or securing a load to a means of transport. It can also mean securing a load inside a container in order to prevent it from sliding or falling. Lashing is a widely used in industry today. There are ...
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Double Headboard - Double Headboard
... and beautiful bed to sleep in every night? Why not have the bed you have always dreamed of? One way of doing this is to choose the right Double Headboard for your style and there are lots of headboa...
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Self Adhesive Stickers - Self Adhesive Stickers
...y used by students who stick them on their books, bags etc. Self Adhesive Stickers usually have glossy material on one side and are sticky on the other side. They are kept glossy to increase their lif...
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Cd Duplication - Cd Duplication
... tons of copies in a hurry. No need to worry. Cd duplication is now easily accessible over the net. There are some fabulous companies out there who offer you a professional, reliable service for a rea...
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Parking Permits - Parking Permits
...with Parking permitsthat enable them to park on company premises. In built-up areas parking can be a problem and pricey public car parks can be rather off-putting. They might be tempted to try their ...
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The Taxation People - Article03.html
...ve paid too much tax! A new `No Win No Fee` tax refund service has just been launched by Greer & Taylor LLP on a dedicated new website The Taxation People which can be found at www.thetaxationpeople...
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Presentation Skills - Presentation Skills
...ssure? Would you thrive in this scenario and put your presentation skills to the test, or would you much rather hide away at the back of the room? It can be a daunting proposition to get up and sell...
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Exhibition Stands - Exhibition Stands
...roduct intended for show or for sale, needs to be exhibited. An exhibition is more effective with Exhibition stands than without them. These stands come in all kinds of varieties with different design...
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Structured Products - Structured Products
... productsthat are on the market? Do they compare and contrast, analyse and evaluate the products that will be suitable for their clients? If they take their role seriously they will and they`ll use ...
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Tape Storage - Tape Storage
...ideal answer when they want to create additional room within the office setting. Old tapes can be taken away from the company and they can be stored in secure environments far away from the building....
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Plant Management - Plant Management
...e construction industry relies heavily on the plant that it uses and at any one time there can be many items of plant on sites around the country. For some companies this can prove to be quite a head...
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Architectural Lighting - Architectural Lighting
...thing about lighting lately. I think it started when we redecorated the dining room and fitted new light fittings within. The next room to get a makeover was the master bedroom and again, we selecte...
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Online Market Research - Online Market Research
...a about marketing exercises such as advertising or public relations. With large amounts of money being spent by companies and organisations on such exercises it is becoming increasingly important for ...
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Sales Techniques - Sales Techniques
...part from another? Confidence will play a part and an ability to build an immediate bond with the potential buyer will be a huge help. Yet sales folk can`t always rely on their natural abilities. ...
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Cable Display - Cable Display
...that relies on cables. With the help of moderately tight cables, a display can be held up. cable display systems are designed to stay fixed even though they appear to be fragile. The only thing is it ...
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Pr Surveys - Pr Surveys
...impact is your product having on the general public? If you are a lucky enough business to have a nationwide product or service, then you may be interested to know just what the publics opinions of yo...
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Precast Concrete - Precast Concrete
...d for Precast Concrete on building sites around the country. Not only can building sites put Precast Concrete to good use though, other types of settings can create suitable storage solutions when th...
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Safe Repairs - Safe Repairs
... most important things in either your home or your place of work. Because of this it is vitally important that it is well maintained and is always in the best possible condition. If you are having pro...
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Platform Trucks - Platform Trucks
... have been in use since ages and have only changed in appearance. They do not have their traditional looks any longer, but they still perform the way did years ago. These platform devices have been bu...
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Designer Headboards - Designer Headboards
...ple of interior design items are designer headboards. Designer headboards are different from ordinary headboards because they are stylish and more emphasis is placed on looks as opposed to their usage...
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Retaining Walls - Retaining Walls
...dustries Retaining walls are used on a frequent basis. A host of Retaining walls are used to hold back soil from a building that`s being erected. Typically the Retaining walls are made from a number...
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Bespoke Lighting - Bespoke Lighting
...setting just by altering the lighting layout. Careful consideration to the lighting can bring about some quite remarkable results. Consultation with lighting experts can help to produce a beautiful...
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Cd Printing - Cd Printing
...singly popular in today`s work place to send the information on a cd. It does not matter whether you`re sending out promotional material or end of year reports. You want to make sure that you send out...
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Acrylic Cubes - Acrylic Cubes
...case objects. Many retailers and shops can use Acrylic Cubes to display the products they sell. Acrylic Cubes are assembled using acrylic panels, and these panels are connected to each other using met...
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Restaurant Menu Printing - Restaurant Menu Printing
...re the other day to do a spot of shopping and enjoy a leisurely lunch in an Italian restaurant. I love it when you first sit down at the table and peruse the menu carefully. There`s an air of antici...
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Sea Freight - Sea Freight
...sible time and want a freight forwarding firm to handle the consignment on your behalf? Not sure about global freight policies and need the shipping team to take care of all the documentation on dock...
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Structured Deposits - Structured Deposits
...ke their time to research the latest structured deposits for their clients. What would be the point in consulting an advisor if they failed to compare and contrast the deposits that should be suitabl...
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