Exxon bid highlights oil majors' shine for natural gas
Exxon Mobil Corp's $30 billion takeover of XTO Energy Inc is a major vote of confidence in natural gas and the latest sign that the world's top oil companies are looking to invest more in the cleaner-burning fuel.
Americans may live longer and cost more: study
Americans may live significantly longer in the future than current U.S. government projections, and that could mean sharply higher costs than anticipated for Medicare and other programs, researchers reported on Monday.
Sexual problems common in women with breast cancer
About three-quarters of women with breast cancer report some degree of sexual problems, according to results released at the 32nd Annual San Antonio Breast Cancer Symposium (SABCS).
India ONGC unit plans $515 mln bond issue-sources
ONGC Videsh, the overseas arm of India's Oil and Natural Gas Corp, plans to raise up to 24 billion rupees ($515 million) via bonds, two sources with direct knowledge of the matter said on Tuesday.
Dalia, Tamar consortium to sign $1 bln natgas deal
A consortium drilling for natural gas off Israel's Mediterranean coast said on Tuesday it signed a non-binding, $1 billion deal to supply Dalia Power Energies Ltd with 200 billion cubic feet of gas over 17 years.
Teen survey shows drops in meth use, smoking
Methamphetamine use and smoking among U.S. teens has dropped significantly in recent years, but declines in marijuana use have stalled, according to an annual government survey released on Monday.
Radiation from CT scans may raise cancer risks
Radiation from CT scans done in 2007 will cause 29,000 cancers and kill nearly 15,000 Americans, researchers said on Monday.
Studies show obesity taking hold in Africa and UK
Obesity is becoming more common among poor city dwellers in Africa because of easier access to cheap, high fat, high sugar foods, scientists said on Tuesday.
Microsoft suspends Juku after plagiarism claims
Microsoft said it was temporarily suspending its MSN China microblogging site, Juku, as it investigates a complaint of plagiarism from a start-up, Plurk.
Apple cites strong iMac demand amid shipping delays
Apple Inc on Monday said strong demand for its new iMac personal computer had it working hard to keep up, and the company apologized for any delays in deliveries to customers.
WHO: Increased funds show results in malaria battle
Increased funding is starting to pay off in the battle against malaria but prevention and treatment must be increased to try to halt the killer disease, the World Health Organization said on Tuesday.
Futures slip on strong dollar; data on tap
U.S. stock index futures slipped on Tuesday, a day after stocks hit a 14-month high, as concerns about the health of the German economy and euro zone banks drove the U.S. dollar higher.
More evidence coffee, tea could prevent diabetes
Coffee, tea, or decaf-no matter what your choice, drinking any of these beverages may reduce your risk of diabetes, according to a new analysis of 18 studies including hundreds of thousands of people.
Daily Outlook - Dec 15
UBS Bosses Free; Airline Woes 2010; AIG's Personal Struggles
NEC Electronics, Renesas eye profit, cost cuts
Struggling Japanese chipmakers NEC Electronics and Renesas Technology said they aim to turn an operating profit in the first year after their merger next April by outsourcing production and eliminating business overlap.
Airline industry to lose $5.6 billion in 2010: IATA
The world's airlines are set to lose $5.6 billion next year, more than previously estimated, with rising fuel costs offsetting a rebound in both passenger and air cargo, the industry group IATA said on Tuesday.
Futures slip after gains, data on tap
U.S. stock index futures slipped on Tuesday a day after stocks hit a 14-month high and ahead of the start of a policy-setting Federal Reserve meeting.
Airline assn raises 2010 sector loss expectations
The world's airlines are set to lose $5.6 billion next year, more than previously estimated, with rising fuel costs offsetting a rebound in both passenger and air cargo, the industry group IATA said on Tuesday.
Costly fuel means more woe for airlines: report
The world's airlines are set to lose $5.6 billion next year, far more than previously estimated, with a rebound in passenger and air cargo demand only partly compensating for rising fuel costs, industry group IATA said.
Airline industry to lose $5.6 billion in 2010: report
The world's airlines are set to lose $5.6 billion next year, more than previously estimated, with rising fuel costs offsetting a rebound in both passenger and air cargo, the industry group IATA said on Tuesday.
MAN SE stock jumps on report that bid from VW looms
Talk that Volkswagen will make a full takeover bid for German truckmaker MAN SE swelled on Tuesday when a German newspaper cited an unidentified company executive as saying an offer was looming.
Stock futures signal weaker open; data eyed
Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 were down 0.2 to 0.3 percent at 1006 GMT (5:06 a.m. EST), pointing to a weaker start on Wall Street on Tuesday.
Eurozone worries hit euro, weigh on world stocks
The euro hit a 2-1/2 month low against a broadly firmer dollar on Tuesday while world stocks slipped as concerns grew about the European banking sector and the fiscal health of Greece.
MAN SE exec expects bid from Volkswagen: report
Volkswagen is likely to make a full takeover bid for German truckmaker MAN SE , in which it already has nearly 30 percent, a German paper quoted an unidentified MAN executive as saying.
Kraft stands firm on Cadbury bid approach
Kraft Foods has vowed to maintain discipline in its pursuit of British chocolatier Cadbury , suggesting the U.S. group will resist raising the level of its hostile approach.
LG sets 3D TV target, to offer new lineup in 2010
LG Electronics Inc, the world's No. 2 TV brand by revenue, set an aggressive sales target for 3D televisions, aiming to build a leadership position in an emerging market where competition is expected to heat up.
Forex and Stock Market
There are many reasons that convince us to believe trading Forex could generate results which are almost independent of trading stock (or rather equity). Here are some of those reasons.
Personal Income Levels and the Forex Market
Forex market investors usually base their trade decisions or strategies upon macroeconomic data that's presented throughout the month. These “economic indicators” can seriously affect where an economy is headed – for the better or worse. In fact, after a release of a particularly strong economic indicator, the currency rate can actually decrease or increase within a matter of a few hours. One such indicator is the Personal Income and Outlays Report.
Investor, Trader, Speculator
You may wonder what would be the difference between an investor, a trader, or a speculator. While there is no exact border between these terms there are certainly some qualifications that make them distinct from each other.
Spot FX, Forward FX, Futures FX, and Options FX
When we refer to the Forex market we usually refer to the Spot FX or Spot Forex market. The Spot FX is a large Over The Counter (OTC) market that consists of thousands of Interbanks, institutional investors/traders, brokerage firms, and millions of retail traders. This market refers to the cash market of Forex. Although the Spot FX contracts settle within 2 days of the contract they are based on the current global price of the currencies. What you actually pay to purchase a currency against sell...