Sunday, 08 July 2007

FEATURE-Rural towns struggle in two-speed Britain

(Reuters) - "I want to go to university and stay there, wherever I am."




She is not alone. Thousands of young Britons are deserting
rural towns such as Melton in search for opportunity in bigger
cities such as London and Manchester.


Read more at Reuters.com Economic News

New Zealand Dollar May Gain on Prospect of Another Interest Rate Increase

(Bloomberg) -- The New Zealand dollar may rise this
week on speculation reports will show inflation isn't abating as
fast as the central bank wants, which may prompt an increase in
its record-high benchmark interest rate.

New Zealand Institute of Economic Research Inc.'s quarterly
survey of business opinion tomorrow may show a shortage of
workers and capacity constraints in the economy are forcing
companies to raise prices. Government figures on July 16 may
show inflation accelerated to 0.9 percent in the second quarter,
faster then the 0.7 percent rate predicted by the central bank,
according to Westpac Banking Corp.


Read more at Bloomberg Currencies News

Nippon Sheet Glass, Pioneer, Tokyu Store, Gulliver: Japan's Equity Preview

(Bloomberg) -- The following stocks may move in
Japanese markets on July 9. Prices are as of the close of trading.
Statements were released after the close. Stock symbols are in
parentheses.

FP Corp. (7947 JO): The food container maker was rated
``buy'' in a new coverage at Nikko Citigroup. The stock fell 50
yen, or 1.3 percent, to 3,900.


Read more at Bloomberg Stocks News

Crude Oil Trades Near a 10-Month High on Nigeria, North Sea Supply Risks

(Bloomberg) -- Crude oil was little changed near a
10-month high on concern unrest in Nigeria and maintenance of a
North Sea oil field will reduce supplies.

The main militant group in Nigeria's oil-producing Niger
River delta region condemned the kidnapping of a 3-year-old
British girl. Brent oil, produced in the North Sea, is also
rising because of planned maintenance at a field in the region.
Refineries in California, Texas and Kansas have shut or slowed
operations this week.


Read more at Bloomberg Commodities News

New US rules to secure best prices on share trades

(Reuters) - Regulation NMS will initially be applicable to 250 stocks.
The rules will extend to all National Market System securities
by Aug. 20.




The new regulations require brokers to sweep through the 13
major regulated exchanges to check price quotes to ensure they
are getting the best price for their clients.


Read more at Reuters.com Government Filings News

Gilead shares could head higher - Barron's

(Reuters) - "For the past 20 years, I have been asked every year if the
growth now will slow," Barron's quotes Chief Executive John
Martin as saying. "It hasn't and won't. I continue to see
developing value for stockholders. I continue to see a very
exciting future for this company."




Gilead, which could be a potential takeover target, is
eyeing acquisition as well as stock buybacks, Barron's
reported.


Read more at Reuters.com Business News

SonoSite shares could head lower - Barron's

(Reuters) - "We believe our share of this market will grow rapidly,"
Barron's quotes Omar Ishrak, chief executive of GE's Healthcare
Clinical Systems unit, as saying.




In addition, SonoSite is embroiled in a patent dispute with
GE that, if it loses, "could be crippling to SonoSite,
considering the company's one-dimensional product line," Sean
D. Lavin, an analyst with Oppenheimer & Co., told Barron's.


Read more at Reuters.com Business News