AP – Campbell Soup Co., the world’s largest soup maker, reports its fourth-quarter and year-end results before the market opens Friday.
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Earnings Preview: Campbell Soup Co.
(AP)
Every U.S. administration for the past two decades has tried its hand at Arab-Israeli peace — some with more fanfare than others. Now, it’s the Obama administration’s turn, and there is a great deal of skepticism given the history of past attempts.
Reuters – Hungary’s Prime Minister Viktor Orban said on Monday that it was in the country’s interest to sign loan agreements with the IMF if necessary but it was not in the country’s interest to have economic policy agreements with the Fund.
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Hungary PM says IMF is lender, not econ policy guide
(Reuters)
Reuters – Tax and budget policies need the same regularity and independence as monetary policy if countries around the world are to cope with looming stresses from pension programs, world central bankers were told at a Federal Reserve conference on Saturday.
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Fiscal "alchemy" must mimic monetary science
(Reuters)
British Prime Minister David Cameron is currently vacationing with his family in the seaside county of Cornwall in southwest England. The prime minister recently urged fellow U.K. citizens to take their summer holiday at home and re-discover the country’s seacoast resorts. And more of them are: British tourism offices say domestic tourism is up again this year after seeing an 18 percent boost last year. Officials now hope the “staycation” trend helps rejuvenate some of England’s economically downtrodden coastal towns. But as Eric Westervelt reports, many towns have yet to reap any reward.
AP – Texas-based KiOR, a company with plans to produce a crude oil substitute from wood chips and other biomass, will locate its first three facilities in Mississippi.
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Texas company to build 3 biofuel plants in Miss.
(AP)
Young Egyptians are using social media to fight police brutality and urge a more open government. With thousands of bloggers online, Egypt’s social media movement is the oldest and largest in the Arab world. But is it having an effect?
AP – Heineken NV, the world’s third-largest brewer, said Wednesday its first-half net profit rose by 42 percent thanks to one-time financial gains, cost cutting and positive currency effects.
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Heineken H1 profit rises on one-time gains
(AP)
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