BRIDGEPORT, Conn., May 19- Thousands of Connecticut commuters should brace for travel chaos on Monday as Metro-North workers repair damage on the United States' busiest rail line caused by the collision of two trains, officials warned on Sunday.» Read More
Sources close to the committee said the tax advisors would likely receive a harsh grilling, akin to that meted out to executives from Google, Amazon and Starbucks in November, when the three were accused of engaging in "immoral" tax avoidance.
Ebullient stock markets have so far this month encouraged around half a dozen firms in Europe to launch plans to float, seeking to raise more than $3 billion in the first few months of the year.
LONDON, Jan 21- There will be no further global foreign exchange reports on Monday, Jan. 21 because U.S. markets are closed for a public holiday.
LONDON, Jan 21- A wintry burst of weather hit businesses and travellers across Britain for a fourth day on Monday, threatening an unprecedented "triple-dip" recession that could knock the government's economic plans further off track.
*Seven Japanese dead, three missing- Abe. *Group threatens more attacks, says Algeria refused to talk. ALGIERS, Jan 21- A total of 37 foreign workers died at an Algerian desert gas plant and seven are still missing after a hostage crisis coordinated by a Canadian, Algerian Prime Minister Abdelmalek Sellal said on Monday.
*Dollar/yen retreats after hitting high of 90.25 yen. LONDON, Jan 21- The yen rose against the dollar on Monday from a 2-1/ 2 year low, with traders trimming large bets against the currency in case monetary easing measures expected from the Bank of Japan are disappointing.
*Merkel's CDU overestimated their support in Lower Saxony. Encouraged by half-Scottish state premier David McAllister's confident campaign, Merkel's Christian Democrats thought they could afford to give supporters tacit approval to split their ballots to save their struggling Free Democrat allies.
FRANKFURT, Jan 21- Food campaigners criticised Deutsche Bank for abandoning a moratorium on trading new commodities products, arguing that financial speculators continue to cause price rises for vital foods.
ALGIERS, Jan 21- A total of 37 foreign workers died in a hostage crisis at an Algerian desert gas plant and seven are still missing, Algerian Prime Minister Abdelmalek Sellal said on Monday. Canada's foreign affairs department said it was seeking information, but referred to the possible involvement of only one Canadian.
ALGIERS, Jan 21- A Canadian coordinated the Islamist attack on an Algerian gas plant in the Sahara desert, Algerian Prime Minister Abdelmalek Sellal said on Monday. "A Canadian was among the militants. He was coordinating the attack, "Sellal told a news conference.
BERLIN, Jan 21- The man likely to head the Eurogroup of euro zone finance ministers told his colleagues on Monday he wanted to move on from simply fighting crises and focus on longer-term policies to cement fledgling confidence.
LONDON, Jan 21- White sugar futures on Liffe set a 2-1/ 2 year low on Monday as the market continued to be driven down by abundant supplies, while cocoa fell back to little changed levels after earlier equalling a four-week high.
*Vale, BHP, Anglo American all carry under-performing businesses. LONDON/ SYDNEY, Jan 21- Mining firms including BHP Billiton and Anglo American are likely to follow Rio Tinto's lead in writing down underperforming assets by as much as $10 billion, as low prices and rising costs eat into valuations. The scale of the charge cost chief executive Tom Albanese his job.
ALGIERS, Jan 21- A total of 37 foreign workers died in a hostage crisis at an Algerian desert gas plant, with seven still missing, Algerian Prime Minister Abdelmalek Sellal said on Monday.
*SPD and Greens win key regional election by single seat. BERLIN, Jan 21- In an extremely tight German state election that seemed to produce few clearcut winners, there was no question who the biggest loser was- Angela Merkel.
FRANKFURT, Jan 21- Germany's economic slump should be short-lived, the Bundesbank said on Monday, adding that the euro zone's largest economy could have already bottomed out.
Jan 21- An attack by Islamist fighters at Algeria's In Amenas gas complex will not prompt foreign energy firms to abandon investment in the country, Algerian Energy and Mines Minister Youcef Yousfi said on Monday. "I don't think foreign workers are leaving Algeria definitively. They have left just to reassure their families, "Yousfi told reporters in parliament.
*World Economic Forum annual meeting Jan. 23-27. *Key speeches from Italy's Monti, Germany's Merkel. ZURICH, Jan 21- Italian premier Mario Monti will set the tone for beleaguered business and political leaders gathering in Davos this week for the annual World Economic Forum, with a speech entitled "Leading against the odds".
Beale dramatically warned his readers: "At present the country is facing a serious shortage of petroleum... favourable territory has become scarcer, competition has increased and the demand for petroleum and its products has created a market that cannot be adequately supplied."
*Dollar/yen retreats after hitting high of 90.25 yen. LONDON, Jan 21- The yen rose against the dollar on Monday from a 2-1/ 2 year low, with traders trimming large bets against the currency in case measures expected from the Bank of Japan are disappointing. The dollar was down 0.6 percent on the day against the yen at 89.45 yen.