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Abertis reports 9% drop in quarterly profits
Abertis, the Spanish infrastructure group, unveiled a lower fall than expected in first-quarter net profit, as acquisitions and steady results at its telecoms business helped offset the impact of reduced traffic on its toll roads and at its airports
FT

WORLD FOREX: Dlr Falls To 2-Week Low Vs Yen Due To FT Story - Wall Street Journal
WORLD FOREX: Dlr Falls To 2-Week Low Vs Yen Due To FT StoryWall Street JournalBy Takashi Mochizuki Of DOW JONES NEWSW IRES TOKYO (Dow Jones)--The dollar fell to a two-week low against the yen in Asia Wednesday following a Financial Times editorial saying the US may be at a risk of losing a triple A rating for its government bonds ...
Info 5000

U.S. dollar drops to 4-month low, oil hangs near $60
The U.S. dollar fell to a four-month low on Wednesday as optimism about a global recovery and concerns about U.S. fiscal health reduced its safe haven appeal, while oil held near $60 a barrel on hopes for more energy demand as inventories tighten.
IB Times

Will Windows 7 Overcome Anti-Virus Fear and Loathing?
Anti-virus systems: can't live with them, can't live without them. But that may all change with Windows 7, improves on and streamlines security measures already baked into Windows operating systems. - I hate anti-virus. There, I said it. And it felt good. For many years, I chose not to use AV on my personal systems, choosing vigilance about my downloads, e-mail attachments and application and OS updates over relying on a third-party solution to keep me free from infection. However, once driv...
eWeek

Copper slips on Wall Street sell-off
COPPER fell late in the session, ending slightly lower in New York as selling in US shares eroded an early rally for the red metal.
The Australian

GM sinks to fresh low as Chapter 11 looms
General Motors' shares slid to their lowest level in more than 70 years amid increasingly loud signals that the Detroit carmaker is headed for bankruptcy protection within the next three weeks.
FT

Risk in Market`s One-Track Mind
U.S. railroad freight traffic is running about a fifth lower than a year ago. It's one of several less obvious indicators that all is not well, despite the strong financial market rally since early March.
Wall Street Journal

Clegg adds to pressure on Speaker
. Martin in new clash after refusing to apologise . More MPs show support for no-confidence motionMichael Martin was last night facing growing pressure to stand down as Commons Speaker after Nick Clegg became the first party leader to question his handling of the row over MPs' allowances and expenses.As Martin refused to apologise - and once again upbraided an MP who confronted him in the Commons - the Liberal Democrat leader broke ranks to accuse the Speaker of misjudging the public mood.'I think the Speaker got it wrong, very wrong,' Clegg said. 'It is clear parliament as a whole owes an apology to the British public. He needs to reflect that sense of apology and the urgency for new rules that put MPs beyond any further suspicion.'Clegg spoke out after Martin censured two MPs in the Commons on Monday who attempted to speak out against his handling of the expenses row. 'I hear her public utterances and her pearls of wisdom on Sky News,' the Speaker snapped at the Labour MP Kate Hoey a
Guardian

Banks downgraded on liquidity regulation fears
A weak performance from the banking sector saw London close lower, as investors decided to lock in gains following a bearish note from Credit Suisse
FT

FMCG spend falls in Jan-March quarter
Anxiety on margins, lower ad rates cited as reasons.
Business Standard

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