Europe
Tullett Prebon in Preliminary Talks Which May Lead to Offer; Shares Surge Tullett Prebon Plc, the British
inter-dealer broker led by Terry Smith, said it’s in talks about
a possible sale of the company.
Turner Says Regulators Shouldn't Rush to Ban Naked Sovereign CDS Trading Regulators and governments around
the world shouldn’t rush to ban speculation on sovereign debt in
the wake of the Greek financial crisis, the chairman of
Britain’s financial regulator said today.
European Stocks Rise After Early Losses, Led by Mining, Chemical Companies European stocks rose as mining
companies and chemical makers advanced. The Stoxx Europe 600
Index gained 0.3 percent to 257.47 at 2:47 a.m. in London,
having earlier lost as much as 0.3 percent.
U.K. Manufacturing Drops for First Time in Five Months, Defying Estimates U.K. factory production
unexpectedly fell in January for the first time in five months,
a sign manufacturing is struggling to shake off the nation’s
longest recession on record.
Global Confidence Drops as Greek Debt Woes Risk Hurting Economic Recovery Confidence in the world economy
dropped for a second month in March amid concern the fallout
from Greece’s budget crisis will undermine the global recovery,
according to a Bloomberg survey of users on six continents.
Pink Floyd, Queen May Ditch EMI as Guy Hands's Buyout Mission `Implodes' Pink Floyd and Queen, bands that
have been with EMI Music for about four decades, may head for
the door, according to two people familiar with their talks, as
concern mounts about the U.K. record label’s finances.
Daimler Says Worldwide Demand for Heavy Trucks May Take Years to Recover Daimler AG, the world’s largest
truckmaker, said worldwide demand for heavy vehicles may take
years to return to pre-recession levels.
Glencore International Says Profit Slumps by 43% After Commodities Decline Glencore International AG, the
world’s largest commodity trader, said profit dropped 43 percent
in 2009 on lower metal and energy prices.
Hedge-Fund Losses Show Drop in Euro Fails to Benefit All Currency Traders Hedge funds that trade currencies
are taking hits from politicians casting them as speculators out
to sink the euro and push Greece into insolvency. They are also
losing money.
Nobel Peace Prize Gets a Record 237 Nominees in 2010 After Obama 2009 Win Nominations for this year’s Nobel
Peace Prize reached 237, the largest group of potential winners
to be put forward in the award’s 109-year history.
Biden Calls Israel Housing Plan Threat to Peace Talks Amid Visit to Region Vice President Joe Biden condemned
an Israeli plan to build new houses in east Jerusalem, saying it
threatened to undermine a U.S. effort to restart the Israeli-
Palestinian peace process that had brought him to the region.
Sex Life Ends at 70 for Most Americans Due to Poor Health, Researchers Say The average person’s sex life ends
by the age of 70, according to a report published today in the
British Medical Journal.
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