Fiat boss shakes up Italian labour (AFP)

July 31, 2010 by publisher  
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AFP - Fiat boss Sergio Marchionne is shaking up labour relations in Italy by strong-arming unions as he aims to create a global megagroup with US automaker Chrysler.

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Fiat boss shakes up Italian labour
(AFP)

Debate on death and taxes heats up as billionaires fall (AFP)

July 31, 2010 by admin  
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AFP - The question of death and taxes has risen to the fore in Washington as the demise of prominent billionaires has underscored a fluke which allows big estates to escape taxes, but only for this year.

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Debate on death and taxes heats up as billionaires fall
(AFP)

Coast Guard allows toxic chemical use on Gulf oil (AP)

July 31, 2010 by admin  
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AP - The U.S. Coast Guard has routinely approved BP requests to use thousands of gallons of toxic chemical a day to break up oil slicks in the Gulf of Mexico despite a federal directive that the chemicals be used only rarely on surface waters, congressional investigators said Saturday after examining BP and government documents.

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Coast Guard allows toxic chemical use on Gulf oil
(AP)

UK’s Osborne urges banks to lend, restrain bonuses (Reuters)

July 31, 2010 by admin  
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Reuters - British finance minister George Osborne urged the country’s banks to use strong first-half profits to boost business lending rather than pay large bonuses, in an interview published late on Saturday.

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UK’s Osborne urges banks to lend, restrain bonuses
(Reuters)

Pipe break that caused Michigan oil spill is found (AP)

July 31, 2010 by publisher  
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AP - Officials say they’ve located the pipeline break that caused hundreds of thousands of gallons of oil to spew into a major river in southern Michigan.

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Pipe break that caused Michigan oil spill is found
(AP)

Michigan voters search for economic savior (AP)

July 31, 2010 by admin  
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AP - Michigan voters frustrated over lost jobs, home foreclosures and budget deficits will vote in Tuesday’s primary election for leaders they hope can move the state out of its economic morass.

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Michigan voters search for economic savior
(AP)

AP EXCLUSIVE: Salazar tours rigs, keeps drill ban (AP)

July 31, 2010 by admin  
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AP - The helicopter passes over the blue waters of the Gulf of Mexico — with surprisingly little oil visible on its surface — when out of the sea rises a skyscraper-like structure nearly 350 feet above the waves. The $600 million rig, nearly 100 miles off Louisiana’s coast, has a hull larger than a football field and can drill more than 5 miles beneath the ocean floor.

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AP EXCLUSIVE: Salazar tours rigs, keeps drill ban
(AP)

Movie tax cuts ‘help struggling California economy’ (AFP)

July 31, 2010 by admin  
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AFP - A year-old program granting movie studios tax breaks for filming in California has saved jobs and should yield two billion dollars in direct spending, Governor Arnold Schwarzenegger said.

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Movie tax cuts ‘help struggling California economy’
(AFP)

Eurazeo in exclusive B&B Hotels talks with Carlyle (Reuters)

July 31, 2010 by publisher  
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Reuters - French financial holding firm Eurazeo said on Saturday it is in exclusive talks to sell its B&B Hotels chain to U.S. private equity firm the Carlyle Group.

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Eurazeo in exclusive B&B Hotels talks with Carlyle
(Reuters)

ICICI Bank profit up 17 percent on better loans (AP)

July 31, 2010 by admin  
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AP - ICICI Bank, India’s largest private sector bank, said quarterly profit rose 17 percent as it cut costs and eliminated bad loans amid revived credit demand in India’s growing economy.

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ICICI Bank profit up 17 percent on better loans
(AP)

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