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Britain's manufacturing recession eased in May, EU

June 1, 2009 1:02 am | by The Associated Press | News | Comments

LONDON (AP) — The recession in Britain's manufacturing sector eased for the third month running in May, a closely-watched survey found Monday, stoking hopes that the wider economy may start to recover in the second half of...

LEAD: DPJ bill seeks ban on corporate donations, inheritance of fund bodies+

June 1, 2009 1:02 am | by The Associated Press | News | Comments

TOKYO, June 1 (Kyodo) — (EDS: ADDING 4TH, 5TH GRAFS FROM BOTTOM)The main opposition Democratic Party of Japan submitted to parliament Monday an amendment bill aimed at banning Diet members from taking any corporate donations...

Japan's Nikkei index hits 8-month high, AS

June 1, 2009 12:52 am | by TOMOKO A. HOSAKA - Associated Press Writer - Associated Press | News | Comments

TOKYO (AP) — Japan's key stock index jumped to an eight-month high Monday, as investors cheered fresh signs of an expansion in Chinese manufacturing.The benchmark Nikkei 225 stock average added 155.25 points, or 1.6 percent...

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Dubai developer takes on additional operations, 1st Ld-Writethru, ML

June 1, 2009 12:52 am | by ADAM SCHRECK - AP Business Writer - Associated Press | News | Comments

DUBAI, United Arab Emirates (AP) — Dubai is giving oversight over a sprawling complex of partially built high-rises to the struggling developer of the sheikdom's palm-shaped islands, as the government works to bring its...

Volvo Cars, Vattenfall to make electric cars, 1st Ld-Writethru, EU

June 1, 2009 12:52 am | by MALIN RISING - Associated Press Writer - Associated Press | News | Comments

STOCKHOLM (AP) — Ford-owned Volvo Cars said Monday it has set up a joint venture with Swedish energy company Vattenfall to develop cars that can be charged directly from a wall socket.Volvo, which is expected to be sold by...

UK Treasury chief denies expenses abuses, 4th Ld-Writethru, EU

June 1, 2009 12:46 am | by DAVID STRINGER - Associated Press Writer - Associated Press | News | Comments

LONDON (AP) — Britain's Treasury chief promised Monday to repay a disputed expense reimbursement as he sought to avoid becoming the highest profile casualty in the furor over lawmakers' allowances.Before an expected shake-up...

Oil climbs to near $68, new high for the year

June 1, 2009 12:46 am | by CARLO PIOVANO - Associated Press Writer - Associated Press | News | Comments

LONDON (AP) — Oil prices rose to near $68 a barrel Monday, hitting a new high for the year as world stock markets rallied and investors banked on hopes that the global recession is easing.Benchmark crude for July delivery...

Ex-head of telecom venture given 10-year prison term for fraud+

June 1, 2009 12:41 am | by The Associated Press | News | Comments

TOKYO, June 1 (Kyodo) — The former president of failed telecommunications venture Heisei Denden Co. was sentenced to 10 years in prison Monday for defrauding 30 investors of 360 million yen through false advertising in 2005....

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Japan's FY 2008 tax revenues likely to fall below forecast: gov't+

June 1, 2009 12:30 am | by The Associated Press | News | Comments

TOKYO, June 1 (Kyodo) — Japan's tax revenues for fiscal 2008 will most likely fall far below the government's latest projection of 46,429.00 billion yen, hit hard by the global economic crisis, Finance Ministry officials...

GOP senators sidestep harsh criticism of Sotomayor, 1st Ld-Writethru, US

June 1, 2009 12:24 am | by PHILIP ELLIOTT - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — Leading GOP senators on Sunday passed up the chance to stifle racially charged criticism of Sonia Sotomayor by fellow Republicans as the party out of power in Washington struggled to develop a unified...

GOP senators OK with shrill criticism of Sotomayor, US

June 1, 2009 12:24 am | by PHILIP ELLIOTT - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — Republican Senate leaders won't call Sonia Sotomayor a racist. But they're fine with Rush Limbaugh and Newt Gingrich playing the race card to rile up an out-of-power GOP.Republican lawmakers and officials...

2ND LD: Diet session to be extended for 55 days through July 28+

June 1, 2009 12:19 am | by The Associated Press | News | Comments

TOKYO, June 1 (Kyodo) — (EDS: UPDATING, ADDING INFO)The ruling coalition of the Liberal Democratic Party and the New Komeito party decided Monday to have the current Diet session extended for 55 days through July 28, LDP...

Corporation lance un nouvel optimiseur de performance de plateforme virtuelle

June 1, 2009 12:14 am | by The Associated Press | News | Comments

EAST GRINSTEAD, Angleterre-- (BUSINESS WIRE) — 01 juin 2009--Diskeeper Corporation a lance officiellement V-locity(TM), un nouvel optimiseur de performance de plateforme virtuelle visant a augmenter la vitesse du serveur sur...

Families plead for US reporters' release in NKorea, 4th Ld-Writethru, AS

June 1, 2009 12:14 am | by JEAN H. LEE - Associated Press Writer - Associated Press | News | Comments

SEOUL, South Korea (AP) — For weeks after North Korean guards seized Laura Ling and Euna Lee near the border with China and spirited the American journalists to Pyongyang on criminal charges, their families waited quietly...

Industrivarden: Net asset value as per May 31, 2009 Business Editors

June 1, 2009 12:08 am | by The Associated Press | News | Comments

STOCKHOLM, Sweden-- (BUSINESS WIRE) — Jun. 01, 2009-- Regulatory News:Industrivarden's (STO:INDUA)(STO:INDUC) net asset value per share was SEK 83 as per May 31, 2009.The closing price on May 29, 2009, was SEK 72.25 for...

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