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`Invisible Power' of London Money Exposed as Lord Mayor Fights Politicians When money needs to talk in London,
it’s the lord mayor who speaks.
Monsanto May Have Antitrust Edge as Protecting Patents Trumps Competition Monsanto Co., facing antitrust
probes into its genetically modified seeds, may benefit from
previous court rulings in which intellectual property rights
trumped competition concerns, antitrust lawyers say.
BHP, Anglo, Xstrata Bypass Europe on 10,000-Mile Coal Route to China Ports BHP Billiton Plc, Anglo American
Plc and Xstrata Plc are shipping coal 10,000 miles to China from
their Cerrejon mine in Colombia for the first time this year
because of surging demand and rising prices in Asia.
Toyota Sets Goal of Regaining U.S. Market Share Lost to Recalls Within '10 Toyota Motor Corp. set a 2010 goal
of regaining most of the U.S. market share lost in the past two
months after global recalls of 8 million vehicles damped demand,
the No. 2 U.S. sales executive said.
Optimism Makes a Comeback After Year-Long U.S. Stock Surge: Chart of Day Bullishness on U.S. stocks is
beginning to emerge after the market’s rally in the past year,
according to a gauge derived from data compiled by the American
Association of Individual Investors.
Retail Buyouts Return in `Goldilocks' Market After Credit Freeze Thawed Private-equity firms looking to buy
retail and consumer companies said they’re now able to finance
deals and pay reasonable prices after the credit crisis and
global recession triggered a buyout slump.
Finnair, Norwegian Air Discussing Pact to Squeeze Unprofitable Rival SAS Finnair Oyj is seeking an agreement
with Norwegian Air Shuttle ASA that would funnel more passengers
onto the Helsinki-based carrier’s long-haul flights, helping win
market share from unprofitable rival SAS Group AB.
Fat Surgery Urged for Obese Kids May Boost Allergan Sales, Trim Liability David Ludwig, director of the
obesity program at Children’s Hospital Boston, was against
weight-loss surgery for kids, he says, because it ignored the
real problem, a “toxic environment” jammed with junk food.
Petrofac Targets Iraq's Oil Boom After CEO Asfari Quadruples Share Value Ayman Asfari, the chief executive
officer whose oil and gas engineering skills guided a fourfold
increase in the value of Petrofac Plc within five years, is now
preparing to tap Iraq’s energy boom.
Chavez Outdone by Billionaire Mendoza as Wealth Soars Amid Takeover Threat Venezuelan President Hugo Chavez’s
“21st Century Socialism” is failing to rein in billionaire
Lorenzo Mendoza.
Brown Tries to `Perversely' Benefit From U.K. Relapse Risk Before Election Gordon Brown is trying to turn the
threat of a double-dip U.K. recession into an advantage.
Solar Prospectors Chase `Gold Mine' Deals in Chinese, Israeli Subsidies Olivier de Vergnies quit managing
family fortunes at Dexia Private Bank (Switzerland) Ltd. in 2008
to run a New York start-up at 100 Wall St. that’s trying to tap
riches in solar energy.
Chrysler in Hibernation Means Marchionne May Have to Wait on Fiat Spinoff Fiat SpA, the Italian carmaker that
helped Chrysler Group LLC emerge from bankruptcy, may wait to
turn around the U.S. business before deciding on a share sale
or spinoff for its automotive division.
Red-Coral Rescue Plans Endanger Italian Jewelry Makers of Torre del Greco The people of Torre del Greco, 10
miles south of Naples, have lived off the red corals found in
the Mediterranean Sea for more than two millennia. A proposal to
list the species as endangered may push the seaside town’s $217
million-a-year coral industry into extinction.
Geely May Need to Invest at Least $1.4 Billion in Volvo to Revive Carmaker Zhejiang Geely Holding Group Co.
may have to spend at least 10 billion kronor ($1.4 billion) to
revive Volvo Cars after buying the Swedish brand from Ford Motor
Co., Volvo union officials and board members said.
Nomura's Wang, Feldkamp Leave as Former Lehman Managers Depart Brokerage Nomura Holdings Inc.’s vice
chairman of China investment banking and head of equity capital
markets for Asia outside Japan left the Tokyo-based company,
according to people with knowledge of the departures.
Toronto to Sell 30-Year Bonds for the First Time Since '80s: Canada Credit Toronto, Canada’s largest city,
plans to sell 30-year bonds for the first time since the 1980s
to take advantage of federal government matching funds for
infrastructure projects.
Vivo Ready to Slash Brazil's High-Speed Internet Prices, Chief Lima Says Vivo Participacoes SA, Brazil’s
largest mobile-phone company, is ready to offer high-speed
Internet services for less than half the current industry
average if the government agrees to cut taxes, Chief Executive
Officer Roberto Lima said.
Pulp Price May Rise to Record as Chile Quake, Finnish Strike Curb Output Chile’s earthquake and a Finnish
port strike may propel pulp prices to a record, hastening a
tightening of inventories after papermakers cut output.