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Friday, December 24, 2010

DAI: Stocks, oil rise in festive cheer

Reuters
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12/24/2010
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LATEST NEWS
Stocks, oil rise in festive cheer
PARIS (Reuters) - World stocks held near the previous day's two-year high on Friday while oil hit fresh two-year peaks after strong U.S. data this week encouraged investors to maintain their risk positions into 2011. | Full Article
Oil near 2-year high on cold, risk appetite
December 24, 2010 10:16 AM ET
LONDON/SINGAPORE (Reuters) - Oil hovered around its highest levels in more than two years on Friday, supported by cold weather across the globe, appetite for risk assets and signals from OPEC it would not arrest the rally. | Full Article
U.S. opens tax investigation on Swiss banks: report
December 24, 2010 02:51 PM ET
NEW YORK (Reuters) - The Justice Department has opened a criminal investigation into small Swiss regional banks which may have helped Americans evade taxes, the New York Times reported, citing two people briefed on the matter. | Full Article
UK small caps close flat
December 24, 2010 07:58 AM ET
The FTSE Small Cap index were steady after the half-day trading session on Christmas Eve, underperforming the 0.2 percent gain on the blue chip index , while the midcaps fell 0.7 percent. | Full Article
No sign of OPEC concern with oil heading for $100
December 24, 2010 09:46 AM ET
CAIRO (Reuters) - Core OPEC ministers said on Friday they saw no need to supply the world with more crude as oil prices traded near a two-year high and some consumers said they fear a rally above $100 per barrel would spur inflation. | Full Article
US TOP NEWS
Medvedev says more time needed for reforms
December 24, 2010 12:23 PM ET
MOSCOW (Reuters) - President Dmitry Medvedev said on Friday his drive to modernize Russia and shed crippling Soviet traditions needs more time to yield results, but left unclear whether he will seek a second term in a 2012 election. | Full Article
Heavy snow strands Christmas travelers in Europe
December 24, 2010 04:09 PM ET
BRUSSELS (Reuters) - Heavy snow stranded thousands of Christmas travelers in parts of Europe on Friday, with Belgium's main airport closed for most of the day to landing and icy roads in Sweden choked with traffic. | Full Article
Russia pushes toward approval of nuclear arms pact
December 24, 2010 12:32 PM ET
MOSCOW (Reuters) - Russia's parliament gave preliminary approval to a landmark nuclear arms reduction treaty with the United States Friday, supporting ratification of the new START pact in the first of three required votes. | Full Article
Karzai warms to idea of talking to Taliban in Turkey
December 24, 2010 03:31 PM ET
ISTANBUL (Reuters) - President Hamid Karzai said on Friday the Afghan government would welcome any offer by Turkey to facilitate talks with the Taliban that could help bring an end to the conflict in his homeland. | Full Article
U.S. defends permits for Iran deals in sanctioned nations
December 24, 2010 09:12 AM ET
WASHINGTON (Reuters) - The Treasury Department on Thursday defended its issuance of special licenses for American companies to do business with Iran and other blacklisted nations, in response to a New York Times report on deals made despite sanctions and trade embargoes. | Full Article
HEALTH NEWS
Little screening of kids for obesity complications
Childbirth deaths from spinal anesthesia rising
Drug overdoses on the rise in most age groups
Fish oil won't accelerate weight loss
GSK offers UK rebate if Pfizer cancer drug better
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Christmas cheer on stock markets

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