Tuesday, June 12, 2007

Dutch staffing market sales rise 16 pct -ABU

(Reuters) - The Netherlands has some of the world's most liberal labour
market laws for temporary workers, and Dutch staffing agencies
Vedior .


Read more at Reuters.com Economic News

U.K. FTSE 100 Index Rises, Led by ICI, Rolls-Royce; HBOS Shares Decline

(Bloomberg) -- U.K. stocks climbed after the
region's inflation rate fell to the lowest level in seven months
in May.

Imperial Chemical Industries Plc and Scottish & Newcastle
Plc paced the advance after brokerages said the companies may be
takeover targets. Shares of Rolls-Royce Group Plc also rose.


Read more at Bloomberg Stocks News

India's Industrial Production Increases by 13.6 Percent, Beating Estimates

(Bloomberg) -- India's industrial production growth
beat expectations in April, suggesting the central bank may need
to raise borrowing costs further to contain inflation stoked by
consumer demand.

Output gained 13.6 percent from a year earlier after a
revised 14.5 percent increase in March, the Central Statistical
Organisation said in a statement in New Delhi today. Economists
expected a rise of 11.3 percent.


Read more at Bloomberg Emerging Markets News

UK's Barclays says ABN takeover process on track

(Reuters) - Barclays has come under pressure from some shareholders in recent days, with U.S. hedge fund Atticus Capital urging Barclays to drop the ABN bid and expressing concern it could get drawn into an "auction at inflated prices".




But Barclays Chief Executive John Varley reiterated on Tuesday that the ABN offer provided "significant and sustained value for shareholders".


Read more at Reuters.com Mergers News

Africa to promote Sahara gas plan at July meeting

(Reuters) - Nigeria, Niger and Algeria will launch a campaign on July 8 to drum up investor interest in a multibillion dollar project to pipe Nigerian gas to Europe across the Sahara, the official Algerian news agency APS said.

International donors, banks and potential clients and investors have been invited to a conference in Brussels to hear a briefing on the ambitious plan by UK consultancy Penspen/IPA, the agency reported on Monday.


Read more at Reuters Africa

Developing nations dig heels as WTO talks heat up

(Reuters) - Developing countries on Monday insisted they would not agree to a world trade pact that does not help the lot of their farmers, and said rich nations needed to ease demands for industrial tariff cuts.

Speaking ahead of a critical attempt at a breakthrough in World Trade Organisation (WTO) negotiations, ministers from India, Brazil, Pakistan and other emerging countries called for "real and effective cuts" in the subsidies given to farmers in the developed world, which make it difficult for poorer nations to compete in agricultural markets.


Read more at Reuters Africa

China's Stocks Advance, Erasing Earlier Losses; Copper Producers Surge

(Bloomberg) -- China's stocks rose for a sixth
straight day, erasing earlier losses, as investors shrugged off
concern that the fastest inflation in two years will trigger
further increases in interest rates.

Jiangxi Copper Co. jumped as concern about possible strikes
at mines in Chile, the world's largest source of the metal, and
Mexico caused prices of the metal to surge.


Read more at Bloomberg Stocks News