Archive for May, 2010

Starbucks Strikes South Africa Deal

Starbucks said it will distribute its coffee and tea products in selected locations in South Africa in a partnership with Emperica Marketing. Read More →

Charity finds way to raise finance from donations

A charity supporting the disabled has launched a fundraising scheme that will leverage donations by a factor of 10 by using the value of its property as collateral for soft loans from donors. Read More →

Google ditches Windows on security concerns

Google is phasing out use of Microsoft’s ubiquitous Windows operating system because of security concerns, according to several Google employees Read More →

Gulf states lose patience with BP’s clean-up

Anger was mounting along the Gulf of Mexico coast as it emerged that the struggle to stop the BP oil leak would blight the summer season that officially opened as the US marked Memorial Day Read More →

US pension fund eyes commodity investments

The US second-biggest public pension fund is to make its first investment in commodities as a hedge against the risk of inflation, in a sign of growing investor appetite for raw materials Read More →

Unite to ballot BA staff over fresh action

Unite is preparing to ballot its 11,000 British Airways cabin crew members on fresh industrial action, raising the threat of disruption to thousands of holidaymakers in the peak summer season Read More →

Bond spreads widen on bank credit risk worries

Interest rate premium on bank bonds over government debt pushes sharply higher, hitting other corporate bond markets and raising borrowing costs for many companies Read More →

Dollar Retraces Friday’s Gains as Market Holiday Overrides Risk Sentiment (DailyFX)

• Euro Suffers from Lax Inflation, Confidence Figures and Discord Over Expansionary Policy • Canadian Dollar Starts its Rally with GDP, Looks to Extend the Move with a BoC Rate Hike • Australian Dollar Traders are Already Pricing in an RBA Pass but Could it Still Hurt the Currency? • British Pound Traders More Concerned with Government Stability than Mixed Economic Data • Japanese Yen Adds... Read the rest of this entry

Cracking the Chinese Demand Puzzle

Analysts are trying to figure out whether the reduction in commodities stockpiles is a sign of slowing demand or just savvy end users waiting for market prices to decline further before buying. Read More →

CORRECTED – CANADA FX DEBT-C$ rises as economy races; rate hike seen (at Reuters)
Sep