Reuters Business News Schedule at 1230 GMT
Trade the News
Tuesday September 07, 2010 08:53:12 PM 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, Neil Connolly +44 7990 560 467 1530,1930 GMT - Lindsay Dunsmuir +1 646 223 6207
TOP STORIES
All change at UK banks, Diamond gets top Barclays job
LONDON - Change swept through the top of Britain's banks as Barclays says its investment banking supremo Bob Diamond will take over as chief executive and HSBC is expected to say its chairman is going into government (BARCLAYS/HSBC (WRAPUP 3), moved, by Steve Slater and Kate Holton, 700 words) + See also: - CREDITSUISSE/ABBASI (UPDATE 2), moved, by Denny Thomas and Lisa Jucca, 500 words - HSBC-GREEN/ (UPDATE 1), moved, 300 words - BARCLAYS/DIAMOND (NEWSMAKER), moving shortly
French unions test Sarkozy in pensions strike
PARIS - French trade unions mount a show of strength with strikes and big street marches over unpopular pension reforms that President Nicolas Sarkozy says he is determined to implement (FRANCE-PROTESTS/ (UPDATE 3), moved, pix, tv, by Brian Love, 800 words) + See also: - BRITAIN-STRIKES/ (UPDATE 1), moved, pix, by Stefano Ambrogi, 500 words
Basel bank talks refocus investors on capital
LONDON - Global regulators meeting on Tuesday look set to finalise tougher bank capital rules roughly in line with expectations but the package may take effect sooner than anticipated, raising investor concerns over dividends (REGULATION-BASEL/, (UPDATE 1) moving shortly, by Huw Jones, 850 words)
EU ministers bid to end row over banking taxes
BRUSSELS - European Union finance ministers hold second day of talks on efforts to prevent another debt crisis (EUROGROUP/, moved, pix, tv, by Jan Strupczewski, 600 words) + See also: - EU-BARROSO/ (UPDATE 1), moved, pix, tv, by Gilbert Reilhac, 500 words - EU-BARROSO/ (FACTBOX), moved, 560 words - EU-ROMA/BARROSO, moved, 300 words
INTERVIEW-Tax fraud attempts spread to UK power, gas-HMRC
LONDON - British tax authorities have stopped several value added-tax (VAT) fraud attempts in the UK's wholesale power and gas markets over the past few months, an investigator from HM Revenue and Customs (HMRC) says (BRITAIN-FRAUD/POWER (INTERVIEW), moved, by Daniel Fineren, 600 words) MARKETS
Stocks, euro down on Europe banking concerns
LONDON - World stocks pull back from a one-month high while the euro tumbles as renewed concerns about Europe's banking sector and growth encourage investors to pause after a recent rally (MARKETS-GLOBAL (WRAPUP 5), moved, by Natsuko Waki, 600 words + See also: - PRECIOUS-MARKETS (UPDATE 4), mocved, by Jan Harvey, 550 words - MARKETS-METALS (UPDATE 3), moved, by Michael Taylor, 550 words
Euro slides, hurt by banking and economic worries
LONDON - The euro falls broadly after rekindled concerns about the European banking sector and prospects of slowing growth in the euro zone prompted investors to sell higher-risk currencie 1931487309 ECONOMY
German industry orders fall
BERLIN - German manufacturing orders unexpectedly fall in July at their steepest rate in more than a year, weighed down by weaker demand from abroad and a below-average volume of big order 1931487303
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 uncertain 1954095215
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
London gridlock as transport strike brings chaos
LONDON - Millions of commuters across the British capital struggle to get to work as a 24-hour strike by workers on London's underground rail system cripple much of the network, hurting th 1696595969 city's convalescent economy (BRITAIN-STRIKES/ (UPDATE 1), moved, pix, by Stefano Ambrogi, 500 words)
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 leave such decisions to companies (CHINA-INDUSTRY (UPDATE 1), moved, 300 words) + 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 giant Petrobras's record share offering (ICBC/, moved, 400 words)
Credit Suisse names Abbasi as Asia-Pac CEO
HONG KONG/ZURICH - Credit Suisse has put insider Osama Abbasi at the helm of the fast-growing Asia-Pacific region, replacing Kai Nargolwala less than three years after hiring him from Standard Chartered (CREDITSUISSE/ABBASI (UPDATE 2), moved, by Denny Thomas and Lisa Jucca , 350 words) + 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 warns Q4 DRAM oversupply on weak PC sales
TAIPEI/SEOUL - Samsung Electronics, the world's top memory chipmaker, warns of an oversupply in the computer memory chip market from next quarter as a sputtering global economy may further weaken PC sales (SAMSUNG/ (UPDATE 2), moved, by Baker Li and Miyoung Kim, 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), moved, 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)
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