European Energy Stocks May Rise, Led by Total, Shell; Thomas Cook May Drop

(Bloomberg) -- European energy stocks may rise after
oil traded near a 10-month high. Total SA, Europe's largest
refiner, and Royal Dutch Shell Plc may lead gains.

Thomas Cook Group Plc, the travel operator created last
month by a merger, may decline after Credit Suisse Group rated
the shares ``underperform'' in new coverage. Groupe Danone SA may
be active after a report said it might be in talks to sell its
biscuit and cereal products division to Kraft Foods Inc.


Read more at Bloomberg Stocks News

U.K. Pound May Hold Above $2 Before House Price Data, BOE's Rate Decision

(Bloomberg) -- The pound may hold above $2 ahead of
the Bank of England's interest-rate decision and before data that
will probably show four increases in borrowing costs since August
haven't crimped house-price growth.

Policy makers will decide on interest rates July 5, and
economists surveyed by Bloomberg News expect them to lift the
benchmark rate a quarter-point to 5.75 percent. The U.K.'s
biggest mortgage lender HBOS Plc will say this week say house-
price growth quickened in the three months through June,
according to economists in a Bloomberg News survey.


Read more at Bloomberg Currencies News

Trichet's `Vigilance' Vow Gives Way to Less Visibility, More Volatility

(Bloomberg) -- In the annals of central-banker
buzzwords, ``strong vigilance'' is probably about to go the way
of ``measured pace.''

Investors and economists who've grown used to European
Central Bank President Jean-Claude Trichet's vow to be on
constant lookout for signs of faster inflation are likely to
find the term disappearing from his pronouncements.


Read more at Bloomberg Currencies News

Mubadala denies Jaguar, Landrover interest

(Reuters) - Britain's Observer newspaper said on Sunday Mubadala and
government-owned Dubai International Capital had asked bankers
to prepare bids for one or both of the Ford units. The report
did not cite sources.




Dubai International Capital could not be reached for
comment on Sunday.


Read more at Reuters.com Mergers News

Japan's 10-Year Bonds Are Little Changed on Signs Global Inflation to Slow

(Bloomberg) -- Japanese bonds were little changed on
speculation signs of cooling global inflation will spur demand
for government debt.

Benchmark bonds in Japan and the U.S. completed their first
two-week gains in more than three months on June 29, after
reports showed consumer prices in Tokyo unexpectedly fell and a
measure of inflation watched by the Federal Reserve slowed. The
Tankan, Japan's key business survey, today showed confidence
among large manufacturers was unchanged in June from March.


Read more at Bloomberg Bonds News

Nintendo Wii outsells PS3 6 to 1 in Japan in June

(Reuters) - The Wii's lead against the PS3 was 4 to 1 in April and 5 to 1 in May.




The Wii's strong performance, coupled with continued brisk demand for Nintendo's portable game gear, the DS, helped the Kyoto-based company shoot past Sony in market capitalization last week and become one of Japan's 10 most valuable companies.


Read more at Reuters.com Business News

Argentine first lady to run for president

(Reuters) - The decision ends months of speculation fueled by Kirchner's public suggestions that either he or his wife, Cristina Fernandez de Kirchner, a prominent senator, would compete in the October 28 vote. Polls show either would easily win.




"Cristina will be the government candidate," the spokesman told Reuters, speaking on condition of anonymity and confirming a report first published by the daily newspaper Clarin.


Read more at Reuters.com Bonds News