Litmus test for U.S. factories, Greece

Litmus test for U.S. factories, Greece (Reuters)
Posted: 26 Jun 2011 12:05 PM PDT
Reuters - The U.S. economy has decelerated sharply. A snapshot of the nation's manufacturing sector this week should help reveal whether the slowdown is temporary or the start of a trend.

Posted: 26 Jun 2011 09:13 AM PDT
Reuters - A bounce could be the cards for stocks this week as bulls defend a key technical level and portfolio managers buy the quarter's winners to prop up their books.

Posted: 26 Jun 2011 06:12 PM PDT
Reuters - Chinese Premier Wen Jiabao said it would be difficult for China to keep inflation under four percent this year but under five percent is achievable, Hong Kong television reported on Monday, meaning that the country could miss its CPI target.

Posted: 26 Jun 2011 02:51 PM PDT
Reuters - Nokia Corp and Siemens AG failed to secure a deal for investors for a controlling stake in their unprofitable joint venture, The Wall Street Journal reported on Sunday.

Posted: 26 Jun 2011 03:12 PM PDT
Reuters - The World Bank said on Sunday it would have to take stock of plans to lend to Egypt after the International Monetary Fund confirmed the authorities no longer wanted an IMF-backed loan program.

Posted: 24 Jun 2011 09:09 PM PDT
Former Massachusetts Gov. Mitt Romney and his wife, Ann, greet supporters at a drive-in hamburger restaurant in Salt Lake City, on Friday June 24, 2011. Republican presidential hopeful Mitt Romney is criticizing President Barack Obama's economic policies as he makes campaign stops in his one-time home state of Utah. (AP Photo/Jennifer Dobner)AP - Republican presidential hopeful Mitt Romney criticized President Barack Obama's economic policies Friday at campaign stops in his one-time home state of Utah.


Posted: 26 Jun 2011 12:37 PM PDT
Greek 'Indignants' protest in front of the Greek parliament in the central Syntagma square of Athens on June 19. Greece faces a strike this week and a momentous battle in parliament as the government struggles to quash dissent to additional austerity reforms needed to secure a vital new EU-IMF bailout.(AFP/File/Louisa Gouliamaki)AFP - Greece faces a strike this week and a momentous battle in parliament as the government struggles to quash dissent to additional austerity reforms needed to secure a vital new EU-IMF bailout.


Posted: 26 Jun 2011 02:39 PM PDT
Reuters - While natural gas companies like ConocoPhillips and Chesapeake Energy Corporation are making big bets on wells that are supposed to extract energy from shale formations, the New York Times reported that an investigation of e-mails and documents shows industry insiders have doubts as to whether the companies will be able to deliver on their promises to investors.

Posted: 26 Jun 2011 12:46 PM PDT
A soy field is ready to be harvested in the locality of Perez Millan, 200 km from Buenos Aires, in 2008. Argentina will rake in around $8 billion this year in soybean export duties, up from $6.3 billion last year, according to estimates released by the agriculture ministry.(AFP/File/Daniel Garcia)AFP - Argentina will rake in around $8 billion this year in soybean export duties, up from $6.3 billion last year, according to estimates released by the agriculture ministry.


Posted: 26 Jun 2011 01:27 PM PDT
Gas prices of more than $4.00 a gallon are displayed at a gas station in Burbank, California. The United States is seeing a natural gas boom thanks to discoveries of abundant shale gas, and at the same time a groundswell of opposition from critics who say the environmental risks from drilling are too great.(AFP/Getty Images/FIle/Kevork Djansezian)Reuters - U.S. average retail gasoline prices fell over the past two weeks and could ease a bit more in coming weeks due in part to the release of crude oil from the U.S. strategic energy reserve, according to the latest nationwide Lundberg survey.

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