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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. ...


Business News Headlines - Yahoo! News 

Criminal Solicitor - Criminal Solicitor
...with prosecution by the police you`d want a decent criminal solicitor to be by your side. Should Customs and Excise want to take you to court over a supposed smuggling operation legal representation will almost certainly be required. People that find themselves the subjects of court appearances often hire the services of a criminal solicitor. One leading firm of criminal solicitors has been representing clients since 1993. Since that time they have managed to successfully defend a large number of clients in numerous cases that were brought before the courts. The firm can provide detailed advice or they can represent their clients as and when it is required. Some of the dealings they can cope with might include VAT fraud or personal injury claims. They can provide solicitors to deal with road traffic accident claims or specialists in employment law. If you are wron...
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Hoses - Hoses
...outside space at last. I have been stocking up with equipment for the garden and one of the things my father told me was very important was to make sure I looked at hoses for the garden. hoses are invaluable he said in that they make watering the plants really easy plus, when the weather gets really hot, you can water the whole garden really easily as well. Obviously, there are a lot of different types of hoses on the market and they can vary quite dramatically in price. However, my father told me to get a good all round one at a decent price and he said that would more than suffice. The problem was that I did not have a clue what I was looking for so I asked him to come with me to choose. Not only did I come away with a really good hose but I also bought lots of plants to put in m...
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Chiller Trailers - Chiller Trailers
...tdoor event when there isn`t a fridge to be seen for miles? The simple answer is to take a refrigerated trailer to the site and power it by mains or generated power sources. chiller trailerscan provide plenty of cool when perishables need it the most. Tow chiller trailersbehind your family car and you`ll soon have a means of keeping perishables at a suitable temperature. At outdoor events a refrigerated trailer can come in especially handy. Weddings that have marquees can have plenty of food on standby when chiller trailersare used. For butchers attending a local food market a refrigerated trailer is a must. They can keep sausages and bacon in the right kind of settings and provide pork with plenty of cooling properties. A refrigerated trailer comes in many size options so there`s sure to be the perfect model for your nee...
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Grade Structure Review - Grade Structure Review
...ger of the secretarial team, I was called into a meeting the other day to discuss a grade structure review for my team. Obviously, as within all large firms, there are different grades within every team. Within my team there are very many different levels that the staff work at, from a clerical assistant right up to the personal assistant to the chairman. However, in the meeting, the human resources felt that it was necessary to have a grade structure review of my department because they did not feel that the staff had enough room to manoeuvre in the pay department. They felt that a grade structure review would enable all members of the team to fulfil their potential without encountering any glass ceilings along the way. They argued, and I agreed with them, that a move such as this would only make the staff m...
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Sea Freight Exports - Sea Freight Exports
...ight exports is one method. There are many advantages to sending your goods this way. Choosing your goods by sea you are taking advantage of a cost-effective method of getting a whole range of bulky, heavy or non-urgent loads from A to B at a global level. There is one company who can offer you the very best service in Sea freight exports in the highly competitive market place today. All export customs formalities & brokerage services including documentary letters of credit, consular documents, bills of lading, Form C88, dock receipts, standard shipping notes, and certificates of origin are handled by them, together with vessel bookings through to destination ports. On arrival of your Sea freight exports their highly trained agents take care of everything through to final delivery to your customer...
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Coasters - Coasters
...rs come in all sorts of shapes and sizes and you will not find many that are not used for advertising purposes, they are a really fantastic way to promote a company. Using the web you can find many manufacturers and printers of promotional, advertising, products including fund-raising items. They specialise in full colour from small orders to very large ones. Using your logo and artwork from your business there design studio can produce all of the following: bookmarks, Coasters, place-mats, mouse-mats, key-fobs, , note-pads, pencil cases, passport holders, diaries, badges, tax disc holders, permit holders, car document wallets, to mention a few, Coasters being the most popular. Many suppliers of these will manufacture In-house from their own raw materials. To use them to promote, many are given as gifts or freebies, to customers, clients or possible future. They are uniquely d...
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Flag Poles - Flag Poles
...oyalty to the place where you were born. On the various Patron Saints day around the United Kingdom you can see flags fluttering everywhere. Being and Englishman I`m proud to display a flag of St George and many other people feel exactly the same. Some of them like to put their flags on display all of the time and have them raised on a range of flag poles. Both ground mounted and wall mounted varieties are available and fibreglass options are extremely durable options for customers to choose. Once installed, the flag poles can withstand fierce winds and are fully maintenance-free, so you don`t have to worry about their upkeep in the future. The baseplate in hinged and you won`t have to worry about vandals attacking the rope pulley because it`s hidden away inside the pole and can only be accessed through ...
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Full Colour Leaflet Printing - Full Colour Leaflet Printing
...ly types of leaflets will always grab my attention and if I had to advertise a product or wanted to promote a new brand I`m certainly invest in full colour leaflet printing to get my message across to the target audience. When you look at the prices of the leaflet printing you quickly realize that it doesn`t cost half as much as you might imagine. Leaflets can be printed on one or both sides and the sizes tend to be either A5 or A4 depending on the customer requirements. The majority of print companies will accommodate print runs of most sizes but if you are running a large campaign then you might need to have thousands of leaflets printed off. Quantities can range from anywhere between 5000 to 100,000 for the larger types of advertising campaigns and they all prove to be highly cost effective. I`m sure most businesses could put the full colour leaflet printing to good use if they...
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Engraved Labels - Engraved Labels
...the local tennis club and I have been asked to get some Engraved Labels made for the cups that we will be giving out in our next tennis tournament. Obviously, we cannot get Engraved Labels before the tournament since we do not know who is going to win yet. However, I thought that I would get ahead of myself a little and find a company who is a reliable supplier of Engraved Labels so that, after the tournament, when the winners are known, I can get their cups engraved quickly so that they will have their prizes as soon as possible after the event. We are all really excited about this tournament, particularly the men`s final, as there are two really evenly matched players and the jury is totally out about who is going to win. Both of them are excellent players and really exciting to watch and there is a real buzz about the club in the anticipation of this event. I c...
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Sea Freight Imports - Sea Freight Imports
...the UK can call on the services of sea fright import specialists who can provide cost effective solutions to the entire process. Problems faced with customs clearance and customs inspection can soon become minor concerns because the sea freight imports can deal with such formalities. Theyâ??ll ensure that all the right documentation is completed and they will be able to bring in sea freight imports from the Far East and the Americas, or China if thatâ??s where the goods are based. You might want to bring unusually large cargos from overseas and this can be handled with special types of shipments. The sea freight imports will be totally secure during their travels and once they reach the UK they will be speed through the customs procedure. This is possible due to detailed identification and documentation procedures that ensure the cargos...
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