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US Products Outlook-Gasoline shines as stocks down

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Gasoline differentials in markets east of the Rockies are expected to hold unseasonal strong levels this week, after last week's surprise drawdown in inventories, as disciplined refiners hold the line on production, industry sources said on Monday.
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EU bogged down on Copenhagen climate stance

European Union states are struggling to agree on a common stance for a U.N. climate pact in Copenhagen in December, after leading the way among rich nations, draft documents indicated on Friday.
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Dollar limps up, South Korea drags down Asia shares

The dollar edged further away from 14-month lows on Monday as investors trimmed bets against the beleaguered U.S. currency, while South Korean stocks dragged down other Asian markets on worries third-quarter earnings may not live up to expectations.
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Tata Motors raises $750 million to pay down Jaguar debt

Tata Motors Ltd (TAMO.BO), India's largest commercial vehicle maker, said it raised $750 million by issuing global depositary receipts and convertible bonds to pay down debt taken on for its acquisition of the loss-making Jaguar and Land Rover brands last year.
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Bernanke boosts dollar, commodities down

The dollar rose on Friday after Federal Reserve Chairman Ben Bernanke indicated U.S. monetary policy could be tightened as a recovery takes hold, sending crude and metal prices lower.
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UN says renewable energy investment down in 2009

Global investments in renewable energy technology like wind, solar and hydroelectric power have slid dramatically this year as the economic crisis limited government and private funds for new projects, the United Nations said on Wednesday.
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Dow edges down after two days of gains

The Dow Jones industrial average slipped while other major indexes were little changed on Wednesday as investors booked profits after two days of strong gains and turned cautious at the approach of earnings season.
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Typhoon bears down on Japan; car plants shut

A powerful typhoon approached Japan's main islands Wednesday, closing car factories, disrupting flights and threatening heavily populated industrial centers with torrential rain and strong winds.
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Burning coal deep down has huge potential, untested

Burning coal underground could be one of the next breakthroughs to increase the world's energy supply, similar to establishment of Canadian oil sands, executives and academics told a conference in London on Monday.
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Black Eyed Peas match Mariah Carey record on chart

With its 14th week at the summit of Billboard's Hot 100 singles chart, the Black Eyed Peas' I Gotta Feeling matched Mariah Carey's 2005 hit We Belong Together for the longest No. 1 stay this decade.
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ElBaradei bound for Iran to pin down Geneva accord

The head of the U.N. nuclear watchdog will head to Iran this weekend to pin down an Iranian pledge, made at talks with big powers on Thursday, to open a newly revealed uranium enrichment site to inspections.
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Stock futures down ahead of employment data

U.S. stock index futures slipped on Friday as cautious investors awaited a key monthly employment report after other data this week suggested the nascent economic recovery may be losing momentum.
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Monster U.S. online jobs index down in September

A monthly gauge of online labor demand in the United States dipped slightly in September, as employers remained wary despite signs of economic recovery, a private research group said on Thursday.
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European shares down; banks, commods suffer

Weakness from commodity stocks and banks outweighed gains in insurers by midsession Thursday, leaving European shares 0.3 percent weaker as nervousness about the global economy resurfaced.
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BofA CEO Lewis to step down by year's end

Beleaguered Bank of America Corp said Chief Executive Ken Lewis will retire by year's end and his successor is yet to be determined, the bank announced late Wednesday.
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Beijing locked down ahead of national day parade

The Chinese capital Beijing is under lockdown on the eve of a massive military parade to mark six decades of Communist Party rule, with gun-toting police manning street corners to ensure nothing spoils the event.

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