Reuters Business News Schedule at 0830 GMT
Trade the News
Tuesday September 07, 2010 03:56:08 AM GMT
REUTERS BUSINESS NEWS SCHEDULE
Tuesday, Sept 7, 2010
The Reuters Business Schedule moves each weekday at these times (in GMT) 0230,0630 GMT - Mathew Veedon, Deepak Kannan +65 6870-3827 0830,1230 GMT - Sara Ledwith +44 7990 560 467 1530,1930 GMT - Lindsay Dunsmuir +1 646 223 6207
TOP STORIES All change at UK banks as Diamond gets top job
LONDON - Change sweeps through the top of Britain's banks as Barclays says Bob Diamond will take over as chief executive next year and HSBC is expected to announce its chairman is taking a government role (BARCLAYS/HSBC (WRAPUP 1), moving shortly, expect more, 700 words) + See also: - CREDITSUISSE/ABBASI (UPDATE 2), moved, by Denny Thomas and Lisa Jucca, 500 words - HSBC-GREEN/ (UPDATE 1), moved, expect more, 300 words
French unions test Sarkozy in pensions strike
PARIS - French trade unions mount a show of strength with strikes backed by street marches over unpopular pension reforms that President Nicolas Sarkozy says he is determined to implement FRANCE-PROTESTS/ (UPDATE 1, PIX, TV), by Brian Love, moved, 800 words)
+ See also: - BRITAIN-STRIKES, moved Sept 6, expect more, 500 words
Australia set for mine tax under Labor, Greens
SYDNEY - The formation of Australia's Labor minority government, supported by independent and Green MPs, will see iron ore and coal miners hit by a new resource tax, but there is uncertainty over how much they will have to pay (AUSTRALIA-ELECTION/MINING (SNAP ANALYSIS), moved, by James Regan, 500 words)
European Union finance ministers meet
BRUSSELS - European Union finance ministers hold second day of talks on efforts to prevent another debt crisis (BC-EUROGROUP/, expect by 1100, pix, tv, by Jan Strupczewski, 600 words) MARKETS
Stocks, euro down on Europe banking concerns
LONDON - World stocks edge down from the previous day's one-month high while the euro falls broadly as renewed concerns about Europe's banking sector encourage investors to pause after a recent rally. (MARKETS-GLOBAL (WRAPUP 4), expect 0930, by Natsuko Waki, 600 words + See also: - PRECIOUS-MARKETS (UPDATE 3), expect by 1100, by Jan Harvey, 550 words - MARKETS-METALS (UPDATE 3), expect by 1100, by Michael Taylor, 550 words
Euro falls on bank sector jitters, RBA eyed
LONDON - The euro falls broadly after news that German banks may need to raise more funds rekindle concerns about the European banking sector and prompt investors to sell higher-risk curre 1852008805 ECONOMY
Spain tourism faces slog back to profitability
MADRID - Spain's tourist sector is slashing prices to win back visitors after a fierce recession and may rely on bigger spending German consumers if it is to return to profitability next y 1700885024
BOJ says to take timely action, keeps rates on hold
TOKYO - The Bank of Japan stands pat on monetary policy but vows timely action when needed, setting the stage for possible easing next month when it has clarity on Japan's political leade 1920165993
Australia cbank holds rates, sounds upbeat note
SYDNEY - Australia's central bank leaves its key cash rate unchanged at 4.5 percent for a fourth month, while sounding more upbeat on domestic demand and investment and less concerned abou 1948284008
China urges industry to quicken consolidation, move inland
BEIJING - China will intensify efforts to encourage industrial consolidation and to draw factories inland from crowded coastal regions, government directives say, warning officials to leav 1696625525 + See also: - China seeks to allay foreign business worries (CHINA-ECONOMY/XI (UPDATE 1), moved, 400 words) - More China steelmakers told to cut or shut output (CHINA-STEEL/TANGSHAN (UPDATE 2), expect by 0730, by Ruby Lian and Manolo Serapio Jr., 900 words) BANKING
ICBC eyes more global roles after Petrobras -analysts
SHANGHAI - Industrial & Commercial Bank of China (ICBC) could stake a claim as a global fundraising specialist, analysts said on Tuesday, after the bank secured a role in Brazilian oil gia 1853104208
Credit Suisse to name Abbasi as Asia-Pac CEO -sources
HONG KONG - Credit Suisse Group AG is expected to name Osama Abbasi as Asia-Pacific chief executive officer, replacing Kai Nargolwala, sources familiar with the matter tells Reuters (CRED 1230263125 + See also: - Merrill Lynch hires new Asia wealth chief from UBSMerrill Lynch hires new Asia wealth chief from UBS (MERRILL-ASIA/ (UPDATE 1), moved, 350 words) COMPANIES
Samsung sees DRAM oversupply if PC market slows more
TAIPEI - South Korea's Samsung Electronics, the world's largest memory chipmaker, foresees an oversupply of dynamic random access memory (DRAM) chips in the fourth quarter of this year or the first quarter of next if the PC market continues to slow (SAMSUNG/ (UPDATE 1), moved, 300 words)
Ocado Q3 sales jump 30 percent, margins stable
LONDON - Lossmaking British online grocer Ocado gives few fresh clues about when it expects to translate soaring sales growth into profits, as it battles to boost confidence following a drop in its shares since flotation. (OCADO/ (UPDATE 3), expect 0900, by Mark Potter, 600 words)
Andean CEO: Goldcorp still top bid on table
SYDNEY - Goldcorp's C$3.6 billion ($3.5 billion) takeover offer for Andean Resources remains the top offer for the emerging Argentina-focused gold producer, though the sector was becoming more confident in pursuing acquisitions, Andean Chief Executive Wayne Hubert tells Reuters (ANDEANRESOURCES/ (UPDATE 2, INTERVIEW), moved, pix, by James Regan, 600 words)
AIG seen leaning towards new Taiwan unit sale
HONG KONG/TAIPEI - American International Group Inc is leaning towards a new sale of its Taiwan unit, according to one of the original buyers, opening the way for a number of Taiwanese banks who have expressed interest (AIG-TAIWAN/ (UPDATE 1), moved, 550 words) ANALYSIS
Indonesia tries to leave India's infrastructure shadow
HONG KONG - Indonesia's efforts to modernise its infrastructure lag India's slow-but-steady improvements, though Jakarta's progress could be fast tracked in the eyes of foreign investors with passage of a politically complicated land grab bill (INFRASTRUCTURE/INDONESIA-INDIA (ANALYSIS), expect by 0900, by Lee Chyen Yee and Kevin Plumberg, 950 words)
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