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Pepsi Bottling raises Q2, FY '09 earnings view

Pepsi Bottling Group raised its earnings forecast for the current quarter and full year on Tuesday, citing improved U.S. soft drink sales, lower commodity costs and less volatility in currency exchange rates.

GM

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General Motors Corp is about to open the door on the biggest garage sale in U.S. industrial history.
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GM files for bankruptcy, urges quick action

General Motors Corp filed for bankruptcy on Monday as the Obama administration took the first steps to try to revive a failed icon of American industry by extending unprecedented federal funding and oversight.
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Public asked to help monitor life on earth

Scientists asked people around the world on Monday to help compile an Internet-based observatory of life on earth as a guide to everything from the impact of climate change on wildlife to pests that can damage crops.
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GM to file for bankruptcy on Monday

General Motors Corp will file for bankruptcy on Monday, U.S. officials said, forcing the 100-year-old automaker once seen as a symbol of American economic might and dynamism into a new and uncertain era of government ownership.
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GM prepares for Monday bankruptcy filing

General Motors Corp and the U.S. government finalized plans for the battered company to reorganize, setting the stage for America's largest-ever industrial bankruptcy filing before markets open on Monday.
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GM trundles toward bankruptcy, but questions remain

General Motors Corp and the U.S. government finalized plans for the battered company to reorganize, setting the stage for America's largest-ever industrial bankruptcy on Monday and heralding a new and uncertain era for the No. 1 U.S. automaker.
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Germany and U.S. get last chance to save Opel

Germany and the United States get what may be their last chance to save Opel on Friday when they try to put a heated row behind them and forge a plan to shield the carmaker from a bankruptcy of its parent General Motors.
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GM bankruptcy looms after upping bondholder deal

General Motors Corp appeared to clear a major hurdle on its way to filing the kind of bankruptcy it favors on Thursday by persuading major bondholders to accept a sweetened deal -- even as talks over the carmaker's Opel unit stalled.
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Canada banks beat expectations, but bad loans rise

Three of Canada's largest banks reported stronger-than-expected results on Thursday even as they set aside more money to cover bad loans and detailed a raft of writedowns for credit and market losses.
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IBM securing $5B to finance IT initiatives

On Wednesday IBM Corp announced that it will make up to $3 billion to finance smart infrastructure projects in Europe and Asia The announcement follows the announcement made by the company last April 30 for the availability of up to $2 billion to help jump start US economic stimulus programs.
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Boeing Co reached its ScanEagle 1st $25 mln contracts

Boeing Co’s wholly-owned Insitu on Wednesday said it has reached its first $25 million contract for its ScanEagle SAUV vehicle for the Canadian government for Intelligence, Surveillance and Reconnaissance (ISR) operation in Afghanistan.
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Kazakhstan says some foreign uranium deals illegal

Kazakhstan, one of the world's biggest uranium producers, accused a key industry executive on Wednesday of illegally selling deposits to foreign companies, a move that has alarmed the business community.
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Canada deficit to hit $50B record

Canada's deficit this year will reach its biggest ever this year of more than $50 billion because of the deep economic recession, Finance Minister Jim Flaherty said Tuesday.
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Worry, but no panic as Japanese brace for GM's fate

As General Motors Corp creeps toward bankruptcy, Japanese auto executives have grown less worried about the turmoil in the supply chain and dealer channels the demise of the No. 1 U.S. car maker would cause.
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Top world economies commit to energy efficiency

Major world economies including member nations of the the Group of 8 officially launched a partnership yesterday to accelerate the implementation of energy efficient measures in their economies.
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World economy out of free fall

The world grouping OECD said on Friday the global economy was out of free fall, offering hope of recovery late this year, but investors focused on risks to the U.S. credit rating from rising government debt.
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Canadian oil industry costs seen tumbling in '09

The costs of exploring for, developing and acquiring oil and gas reserves in Canada could drop by as much as 35 percent this year with drilling activity dwindling as companies cut spending, brokerage FirstEnergy Capital Corp predicted on Friday.

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