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Apr 1, 2010

NYT: Afternoon Business Update, April 1rst. , 2010


A global rally struggled to spread to Wall Street as losses in the technology sector held
back major indexes.

Climate Activists Call for Tighter Emissions Caps
By JAMES KANTER
The call came after figures showed that some of the dirtiest industries benefited from a surplus

of European permits to pollute.

Business Sentiment Improves in Asia at Different Speeds
By BETTINA WASSENER
Surveys of manufacturers showed Japan was still struggling while China was surging ahead.

F.T.C. Is Said to Have Looked Into Amazon-Google Ties
By MIGUEL HELFT and BRAD STONE
John Doerr's decision to step down from the Amazon board came amid an inquiry by the

F.T.C. into the interlocking ties between Amazon and Apple.

Britain to Drop Off-Network Fees for Mobiles
By KEVIN J. O'BRIEN
The so-called termination fee paid by European cellphone users to connect from their mobile

network to another will be reduced from 4.3 pence to less than a penny by 2015.

More Business News

Reuters Daily Investor Update,DAI: Nasdaq turns negative as RIM slides, April rst, 2010









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Good evening Fernando, THU 01 Apr 2010 
Nasdaq turns negative as RIM slides
Data boosts self-sustaining recovery hopes
GM and Ford March auto sales jump
Citi spinoff Primerica soars in NYSE debut
IMF, ratings agencies praise Irish "bad bank" launch
Factories crank up output as demand rises
Boeing blasts EADS effort to extend tanker deadline
Hedge fund managers set new payout records in 2009
Which broker? The temptations of a fund manager
Dai-ichi Life gains on debut after $11 billion IPO


Nasdaq turns negative as RIM slides
April 01, 2010 02:06 PM ET
NEW YORK (Reuters) - The Nasdaq turn negative on Thursday, weighed down by a drop in Research In Motion Ltd , but the Dow and the S&P 500 clung to modest gains on optimism over stronger-than-expected manufacturing and jobs data.

Full Article
Data boosts self-sustaining recovery hopes
April 01, 2010 01:27 PM ET
WASHINGTON (Reuters) - The number of U.S. workers filing new claims for jobless aid fell last week and factory activity in March hit its highest level in more than 5-1/2 years, strengthening hopes for a self-sustaining recovery.

Full Article
GM and Ford March auto sales jump
April 01, 2010 12:56 PM ET
DETROIT (Reuters) - Automakers posted sharp jumps in U.S. sales in March helped by incentives as General Motors and Ford Motor Co both reported 43 percent increases from a year earlier in their key brands.

Full Article
Citi spinoff Primerica soars in NYSE debut
April 01, 2010 01:41 PM ET
NEW YORK (Reuters) - Shares of Citigroup Inc's spinoff, Primerica Inc , leaped as much as 30 percent above their initial public offering price on Thursday, on optimism that the life insurer is poised to benefit from a rebounding economy.

Full Article
IMF, ratings agencies praise Irish "bad bank" launch
April 01, 2010 12:17 PM ET
DUBLIN (Reuters) - Ireland's extensive support for its banks has been vital to maintaining financial stability, the International Monetary Fund said on Thursday, as ratings agencies praised decisions taken by the country's "bad bank" this week.

Full Article
Factories crank up output as demand rises
April 01, 2010 11:15 AM ET
NEW YORK/LONDON (Reuters) - Factories in the United States, Europe and Asia cranked up production last month, suggesting recovery from a deep recession was taking root in economies around the globe.

Full Article
Boeing blasts EADS effort to extend tanker deadline
April 01, 2010 01:00 PM ET
CHICAGO (Reuters) - Boeing Co said on Thursday that it was "deeply disappointed" that top rival EADS was trying to win more time to prepare a bid for the Pentagon's multibillion-dollar refueling aircraft contract.

Full Article
Hedge fund managers set new payout records in 2009
April 01, 2010 11:39 AM ET
BOSTON (Reuters) - Seven of the world's top hedge fund managers earned 10-figure paychecks and one set a record for the highest-ever payout last year due to a stock market rally that pushed returns to their highest levels in a decade.

Full Article
Which broker? The temptations of a fund manager
April 01, 2010 09:31 AM ET
LONDON (Reuters) - Fund group Gartmore's suspension of a top hedge fund manager on suspicion of directing trades to favored brokers shines a light on a murky business where tales of lavish hospitality, nepotism and kickbacks abound. On Tuesday, Gartmore said it had suspended Guillaume Rambourg pending the outcome of an internal investigation into whether he had breached internal procedures on directing trades.

Full Article
Dai-ichi Life gains on debut after $11 billion IPO
April 01, 2010 07:06 AM ET
TOKYO (Reuters) - Dai-ichi Life Insurance rose 14 percent on its debut on Thursday after pricing its $11 billion IPO at a discount to rivals, but investors remain wary of its growth prospects outside a mature Japanese market.

Full Article
REUTERSwww.reuters.com