- Worldnews Network

Finance

Offshore Finance required for Largest Accommodation barge in the World, Expected to work offshore West Africa and in deepwater Offshore Brazil.

Sugar drops 5 pc on weak demand, high supply The Times of India

Italy passes austerity measures Al Jazeera

Lessons from my worst money blunders: credit card emergency fund The Christian Science Monitor

Economy

RwandAir selects TIMCO's Brice Seating for its new B737-800 aircraft TravelDailyNews

Oil prices down in Asian trade The Times of India

Dow seesaws but ends day with another modest loss Star Tribune

Oil and Energy

US gas stations: Stay BP and its tainted image since Gulf oil spill or change name to Amoco? Orlando Sentinel

France's oil giant Total second quarter profit up 43 percent on stronger refinery business Hartford Courant

Russian oil companies may sell gasoline to Iran San Fransisco Chronicle

Friday, 30 July 2010

Oil industry booms; Chevron Corp. 2Q earnings triples on higher fuel prices, refining margins

NEW YORK (AP) — Chevron Corp. says its second-quarter earnings tripled on higher fuel prices and better refining margins. The San Ramon, Calif. company on Friday reported...

Full Story: Orlando Sentinel

China finds a friend in Germany

German Chancellor Angela Merkel, left, listens as Chinese Premier Wen Jiabao speaks during a press conference at the Great Hall of the People in Beijing, China, Friday, July 16, 2010.

Jul 31, 2010 China finds a friend in Germany...

Full Story: Asia Times

In this May 27, 2010 file photo banner reading: "Billions for the banks - the debts for us - we say Thanks!" is attached during a small protest against the financial markets staged by a few demonstrators outside the Frankfurt Fair Tower building prior to the start of the general shareholders meeting of the Deutsche Bank AG in Frankfurt am Main. How stressed are Europe's banks? The question has long preoccupied markets, and European Union leaders hope to make a big step toward restoring confidence with the publication later this month of "stress tests" on the health of 91 banks across the continent, representing 65 percent of the EU's banking system.

Unholy trinity sets up bank failures Asia Times2010-07-30

Jul 31, 2010 Unholy trinity sets up bank failures...

After shortages, officials say Philippines "swimming" in rice due to excessive imports Hartford Courant2010-07-30

MANILA, (AP) — The world's biggest rice importer, the Philippines, is now "swimming" in the staple grain because of massive imports by the previous government that drove world prices to record...

Virgin upbeat despite operating loss The Independent2010-07-30

Sir Richard Branson's airline Virgin Atlantic announced today that it made a big operating loss last year but that revenues and passenger numbers rose in the first part of this year. Virgin's group...

A view of the Airbus Tianjin A320 final assembly line in north China's Tianjin Municipality Sunday, Sept. 28, 2008. Airbus opened its first final production facility outside of Europe in Tianjin Sunday.

Airbus to boost output as outlook brightens Business Report2010-07-30

* Airbus to increase single-aisle production to 40/month Submit your comment Airbus parent EADS made sweeping increases in its financial forecasts on Thursday and pledged to increase jetliner...

An All Nippon Airways 777-300ER taking off. Aircraft takeoff. Quarter view of aircraft ascending in the sky, with landing gear still deployed. The next-generation freighter model, the 777F, rolled out on May 23, 2008.

ANA books $60m net loss in first quarter Business Report2010-07-30

Submit your comment Japan's All Nippon Airways on Friday said its quarterly net loss narrowed to $60 million on last year and retained its full-year net profit forecast of $57 million....

Developers Diversified Declares First Quarter 2010 Common Share Dividend PR Newswire2010-07-30

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Simon Property Group Makes $10 Billion Offer to Acquire General Growth Properties PR Newswire2010-07-30

Offer Provides 100% Cash Recovery Plus Accrued Interest To All Unsecured Creditors; Would Accelerate General Growth's Emergence From Bankruptcy General Growth Shareholders Would Receive Value Exceeding $9.00 Per Share, Including $6.00 Per Share In Cash Plus Assets Valued At More Than...

Duke Energy Selects 10 Additional Sites for Innovative Solar Program PR Newswire2010-07-30

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Obama spokesman says Dems will keep House in fall MSNBC2010-07-30

WASHINGTON — President Barack Obama's press secretary says he thinks the Democrats will keep control of the House after the fall elections....

Most retail sectors see sales gains in February MSNBC2010-07-30

NEW YORK — Most retail sectors including electronics and luxury items saw sales gains in February, data released Wednesday show, though snowstorms that shut in shoppers also chilled sales at women's clothing stores. The latest numbers from MasterCard Advisors' SpendingPulse also show online...

Snap Analysis: GDP data a grab bag of good and bad MSNBC2010-07-30

WASHINGTON — Friday's U.S. gross domestic product data showed a feast-or-famine recovery, with business spending picking up while consumers remained cautious. Final sales to domestic buyers, a closely watched measure of demand, jumped at a 4.1 percent annual rate in the second quarter, well...