Monday, October 1, 2012

Blue chips get a head start (1:49)



Oct 1 - Summary of business headlines: The Dow rallies on data showing uptick in U.S. manufacturing activity, Value investor Whitney Tilson not seeing much value at current prices; 3M, Honeywell go deal hunting. Conway G. Gittens reports

Brazil rhythms maestro in Moscow to heat up Russian public



Published on Sep 30, 2012 by
If you're looking for some Brazilian rhythms, you'd better head to "Viva Bossa Nova." The event's taking place in Moscow at the Barvikha Concert Hall. Famous Brazilian composer and musician Marcos Valle is among the many great names participating. And Prime Time's Anya Fyodorova sat down with the maestro ahead of the show.

U.S. Morning Call: Slow global growth renews recession fears (2:33)



Oct 1 - Poor manufacturing data in the euro zone and China is worrying investors, potentially signaling a new recession

Venezuela vote to have regional impact



Published 30 September 2012 23:07 721 Views
Venezuela's Hugo Chavez is campaigning ahead of next Sunday's presidential election, where he hopes to be voted in for another term in office. The vote will be crucial for the future of the oil-rich nation. But the result could also affect many people far beyond Venezuela's borders, as the budgets of several Latin American countries factor in aid from Chavez's government. Al Jazeera's Lucia Newman reports from Caracas.

Mexican farmers revive organic gum tradition



Published 01 October 2012 09:37 303 Views
Mexican farmers are looking to the past to create something new to sink their teeth into. Farmers have revived a 1,000-year-old tradition that dates back to the Mayan Indians, who used natural gum in religious ceremonies and to clean their teeth. The comeback was initiated by nearly 2,000 chicleros who have joined forces through co-operatives to produce the first organic chewing gum. Al Jazeera's Rachel Levin reports from the Yucatan peninsula.

Mining reshaping Mongolia's nomadic life



Published on Oct 1, 2012 by
Mongolia's mining boom and its economic transformation is putting pressure on the country's traditional herders as they struggle to maintain their ancient livelihood.

Italian City Transforms to Medevial Times



Published on Sep 30, 2012 by
A citizen contest with a tradition of over 800 years is being kept alive in many Italian cities.

It's called "Palio" and usually ends with a costumed horse race.

People dress in Medieval garb and take part in a parade to commemorate significant historical events.
...

Building on the Bosphorus | Euromaxx



Published on Oct 1, 2012 by
We meet a Turkish-Danish architect duo based in Istanbul and gauge their vision of the future megacity as they take part in an architectural competition focussed on sustainable urban development and mobility.

More: http://www.dw.de/dw/episode/9798/0,,16210860,00.html

New European recession on the way?



Published on Oct 1, 2012 by
http://www.euronews.com/ Unemployment in the eurozone remained becalmed at a record 11.4% in August while manufacturing put in its worst quarterly performance in Q3 since the great depression.

The Markit survey also indicated that after factory output stumbled in the peripheral countries, that trend has now spread to France and Germany.

It all points to the eurozone sliding back into recession. In fact many economists are now convinced that recession is upon us, and will be confirmed when all the figures from Q3 are in.

The Manufacturing Purchasing Manager's Index showed that while industries cut their prices for a fourth straight month, inflation also rose more than expected in September. This may discourage the ECB from a widely-forecast new cut in interest rates before the end of the year to a record low of half a percent.

Data for France showed the PMI there recording its biggest fall since the index began 14 years ago.

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European markets at close: 01.10.2012



Published on Oct 1, 2012 by

Snack Pack: Mastercard, Gold, Bonds


Oct. 1 (Bloomberg) -- Bloomberg's Alix Steel, Julie Hyman, Sara Eisen, Adam Johnson and Dominic Chu update the top trading stories of the day. They speak on Bloomberg Television's "Lunch Money." (Source: Bloomberg)

Pound Falls for a Second Day Versus Euro


Oct. 1 (Bloomberg) -- Sara Eisen reports on today's top currencies news headlines. She speaks on Bloomberg Television's "Lunch Money." (Source: Bloomberg)