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Tuesday September 07, 2010 04:02:13 AM GMT
REUTERS BUSINESS NEWS SCHEDULE
Monday, Sept 6, 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, Chris Barnett +44 20 7542 8825 1530,1930 GMT - Lindsay Dunsmuir +1 646 223 6207
TOP STORIES
Obama to announce $50 bln infrastructure job plan
WASHINGTON - U.S. President Barack Obama will announce on Monday a six-year infrastructure revamp plan with an initial investment of $50 billion to jump-start job creation, a white house official says (OBAMA-ECONOMY/INFRASTRUCTURE (UPDATE 1), moved, 300 words)
German coalition to extend life on nuclear plants
BERLIN - German Chancellor Angela Merkel says she is confident that a law to extend the lives of nuclear power reactors could be passed without backing from the upper house of parliament, setting up a clash with opposition parties (GERMANY-NUCLEAR (WRAPUP 1), expect by 1300, by Annika Breidthardt, graphics, 750 words) + See also: - GERMANY-NUCLEAR/MEETING, UPDATE 3, moved - EUROPE-NUCLEAR/GERMANY, by Daniel Fineren, expect by 1500, 800 words
France faces serious disruption in pensions strike
PARIS - France faces serious rail and air traffic disruption from late on Monday as labour unions aim to mobilise millions of protesters against government plans to raise the retirement age (FRANCE-PROTESTS/, moved, by Brian Love, 600 words)
China Inc gets new chairman as state-owned firms' clout grows
BEIJING - Wang Yong, a name little heard on the global business stage, becomes boss of the world's biggest mobile telecom carrier, the most valuable coal producer and Asia's top oil refiner (CHINA-ECONOMY/STATE, moved, pix, By Zhou Xin and Simon Rabinovitch, 750 words) + See also: - CHINA-ECONOMY/STATE (FACTBOX), moved MARKETS
U.S. jobs data continues to lift equities
LONDON - Encouraging news about the U.S. employment picture spills over onto financial markets, lifting world stocks on hopes that a slip back into recession can be avoided (MARKETS-GLOBAL 539514706 + See also: - MARKETS-FOREX (UPDATE 5), moved, by Tamawa Desai, 600 words - MARKETS-PRECIOUS (UPDATE 4), moved, by Jan Harvey, 600 words) ECONOMY
South Africa state workers could return to work -unions
JOHANNESBURG - South African public sector workers, on strike for nearly a month, may soon return to work but continue talks on whether to accept a revised government wage offer, union sou 1919116659 + See also: - SAFRICA-STRIKE/ (Q+A), moved, by Peroshni Govender, 700 words - SAFRICA-STRIKE/ (FACTBOX), moved, 400 words66 - SAFRICA-STRIKE/ (SCENARIOS), moved, 800 words EUROPEAN UNION
EU ministers seek details on budget rule reform
BRUSSELS - European Union finance ministers will try to agree more details of how to penalise EU budget rule breakers and underline the importance of keeping debt levels low (EU-BUDGETRULE 1395600416 BANKING
Bankers gather to assure industry is on right track
FRANKFURT - Top executives from some of the world's leading banks are due to gather for a conference in Frankfurt later this week as lenders seek to avoid what they see as overly harsh reg 1970037108
Landesbank consolidation faces hurdles
FRANKFURT - Germany's struggling landesbanks, soon to be spurred into consolidation by European regulators, will find the process slow going and impeded by reluctant buyers and politicians 543386729 COMPANIES
BA-Iberia eyes 12 airlines with Asia top of agenda
LONDON/MADRID - British Airways and Iberia have a shopping list of 12 airlines as they look to embark on a spending spree after their merger completes, with Asia expected to be a key regio 1847617135
UK wants Glaxo's Avandia pulled as EU reviews safety
LONDON - GlaxoSmithKline diabetes drug Avandia should be pulled from sale because of concerns about heart risks, British drug regulators say ahead of a special European meeting on the drug 661856371
Ireland still mulls keeping Anglo rump -ministry
DUBLIN - Keeping a part of Anglo Irish Bank open for business remains an option, the finance ministry says, denying media reports that it has already decided to ask Brussels to wind it dow 1847617394
Alfa Laval bids for climate control business
STOCKHOLM - Swedish engineering group Alfa Laval on Monday offered to buy smaller domestic peer Munters for 5.03 billion crowns ($701.2 million) in cash to add climate control technology 544501536
Macquarie warns on profit, shares sink
SYDNEY - Australia's top investment bank Macquarie Group Ltd warns investors it will miss profit forecasts after weak markets hurt its trading and advisory business, sending its shares to a 15-month low(MACQUARIE/ (UPDATE 4), moved, by Narayanan Somasundaram, 600 words)
India's Reliance not finished with U.S. shale buys
MUMBAI/NEW YORK - Indian billionaire Mukesh Ambani's Reliance Industries, which has struck three shale gas joint ventures with U.S. firms this year, may make a full buyout next as the cash-rich firm builds the knowledge it needs to run such operations (DEALTALK/RELIANCE-SHALE, moved, by Pratish Narayanan and Michael Erman, 800 words)
Julius Baer aims to double Asia contribution
SINGAPORE - Julius Baer , Switzerland's third largest private bank, plans to double Asia's contribution to 20-25 percent of assets in five years as it recruits new staff and opens more offices in the region (JULIUSBAER/ASIA (UPDATE 2), moved, by Kevin Lim, 400 words)
UK manager launches Asian fund of hedge funds
LONDON - British fund management firm City Financial llaunches an Asian fund of hedge funds in a move designed to tap into the rapid development of the hedge fund industry in the region (FUND-UK-ASIAHEDGE/, moved, 350 words) ANALYSIS
No bubble yet as Thai builders jump into housing boom
BANGKOK - From its business district to leafy suburbs, new condominiums are sprouting almost daily across Bangkok, but developers and investors alike seem little concerned about a property bubble developing (THAILAND-PROPERTY (ANALYSIS), moved, pix, by Martin Petty and Orathai Sriring, 900 words)
Use of lighter, stronger steels in autos growing
LONDON - The use of lighter, stronger steel in cars to reduce weight, boost fuel efficiency and cut carbon emissions is growing faster than the use of aluminium, ArcelorMittal say (ARCELORMITTAL-STEEL/AUTOS, moved, by Pratima Desai, 500 words)
AngloPlat JV targets African fuel cell market
LONDON - AngloPlatinum said it is targeting the development of a potentially significant sector of platinum demand with the creation of a new fuel cell joint venture, Clean Energy Investments. (PRECIOUS/FUEL CELLS (INTERVIEW), expect by 1130, by Jan Harvey, 600 words)
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