Thursday, November 25, 2010

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EU bailout fund chief: no danger of euro collapse
BusinessWeek
The head of the European Union's bailout fund says he sees no chance that the debt crisis that has forced the rescue of Greece and now Ireland will cause the collapse of the 16-nation euro currency. Klaus Regling said in comments printed in Germany's ...
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Even With the Web, Black Friday Rules
Wall Street Journal
By RACHEL DODES As many as 138 million shoppers are expected to hit stores on Black Friday weekend, 4 million more than last year and the most since the National Retail Federation survey began compiling the data in 2006. By logic, "Black Friday" should ...
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Del Monte Agrees to a $5 Billion Sale to Buyout Firms
New York Times
By MICHAEL J. DE LA MERCED AND PETER LATTMAN 2:39 pm | Updated Del Monte confirmed Thursday afternoon that it will sell itself to a buyout group led by Kohlberg Kravis Roberts for $5.3 billion, including debt. As DealBook previously reported, ...
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New York Times
Fire sparks change to Boeing's 787
Wall Street Journal
By PETER SANDERS Boeing Co. is modifying portions of the electrical system on its forthcoming Dreamliner, after an in-flight fire aboard one of its test planes two weeks ago again put the timetable for the flagship program in doubt. ...
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Greek unions hold new Athens protest
BusinessWeek
Hundreds of people marched through central Athens on Thursday to protest deep the austerity cuts meant to haul debt-ridden Greece out of its worst crisis in decades. About 30 disabled athletes, including Paralymic medalists, gathered outside the ...
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Ruble Squeeze Sends Yields to Nine-Month High Over Dollar: Russia Credit
Bloomberg
By Emma O'Brien - Thu Nov 25 21:00:07 GMT 2010 Russian companies are facing the highest ruble borrowing costs in nine months compared with dollar debt as the central bank drains cash from the banking system. The gap between yields on benchmark ruble ...
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Malaysia Airlines, AirAsia post 3Q profits
BusinessWeek
By EILEEN NG Malaysia Airlines returned to profit in the third quarter and budget carrier AirAsia's earnings more than doubled to a record high as travel increased amid the region's economic recovery. Malaysia's national flag carrier Thursday posted a ...
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Gulf Coast Hopes for Post-Spill Boom From Retirees
ABC News
AP By JAY REEVES AP For all the oil spill claims and cleanup work by BP, retirees from the North may be the best survival bet for some Gulf Coast resort towns this winter. After a disastrous summer tourism season and a slower-than-normal fall, ...
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MARKET COMMENT: European Stocks Advance; Ireland Falls Again
Wall Street Journal
By Simon Kennedy LONDON (Dow Jones)--The main European equity markets advanced Thursday as a strong finish on Wall Street offset worries about sovereign debt in peripheral euro-zone countries. The gains came after a strong session for stocks on Wall ...
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