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 Friday, July 30, 2010 
 
    
 
reuters.com Business News

Strikes, ash widen quarterly BA loss
British Airways on Friday announced a pre-tax loss of 164 million pounds ($256.5 million) for the three months ending June 30.

New BP boss pledges Gulf help for years
Incoming BP CEO Bob Dudley sought to reassure jittery Gulf of Mexico residents Friday that the massive British corporation will not abandon them once the ruptured well responsible for the oil disaster has been permanently sealed.

U.S. economic growth slows to 2.4%
The U.S. economy continued to grow during the second quarter, the government reported Friday. But the pace slowed more than economists were expecting, raising concern about growth - or even another recession - in the months ahead.

Spain unemployment over 20%
Spain's unemployment rate rose to 20.09 percent for the second quarter of 2010, up from 20.05 percent from the previous quarter, Spain's National Statistics Institute said Friday.

Chavez hurts toothpaste, makeup sales
The world's largest toothpaste maker reported disappointing sales Thursday, and who's to blame? None other than the country of Venezuela, the company said.

Google search working again in China
Google users in China were temporarily blocked from accessing the search engine, the company said Thursday, but the site was was once again working a few hours later.

Exxon, watch out for Apple!
Better watch your back Exxon Mobil.

At $139, is the new Kindle 'cheap'?
Prices in consumer electronics tend to fluctuate wildly.

'Static kill' on well may start Sunday
The man overseeing the federal response to the Gulf oil disaster will meet New Orleans parish presidents Thursday to outline the plans after the well is permanently sealed.

Death toll up in Chinese factory blast
The death toll stands at 13 in Wednesday's blast at a factory in the eastern Chinese city of Nanjing, state-run Xinhua news agency reported, citing remarks by authorities on Thursday.

 
 
 
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Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. 
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer . Opinions expressed at FXPaper.com are those of the individual authors and do not necessarily represent the opinion of FXPaper.com or its management.

Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. 
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