Organization for Economic Cooperation and Development (OECD) Sees Faster Global Recovery This Year, Anticipates Economic Contraction for G7 Nations of 3.7% in 2009 vs Prior Forecast of 4.1%
European Central Bank Expected to Raise Economic Forecast and Hold Key Interest Rate at Record LO of 1% Following Today’s Meeting
European Union (EU) Begins Probe into Oracle Corp’s Takeover Bid for Sun Microsystems Inc Citing “Serious Concerns” in Database Market
Japanese Drugmaker, Dainippon Sumitomo Pharma Co to Purchase Sepracor Inc for USD 2.6B as it Moves to Penetrate US Pharmaceuticals Market
Liquor Maker, Pernod Ricard SA Posts 13% Rise in Full-Year Earnings to EUR 1.35B on Reduced Costs and Absolut Vodka Acquisition
Orascom Construction Industries Q02 2009 Net Income Declines 58% to USD 102.4mm After One-Off Writedown and Worse-Than-Expected Performance of Grains Business
Crude Oil Stands at USD 68.05 per Barrel
Ethanol Stands at USD 1.64 per Gallon
Natural Gas Stands at USD 2.72 per British Thermal Unit (Btu)
Gold Stands at USD 976.60 per Troy Ounce
Dow Jones Industrial Average Jones Industrial Average Falls 29.93 Points (-0.32%)
London FTSE Index Falls 2.21 Points (-0.05%)
Japan Nikkei Index Nikkei Index Falls 65.82 Points (-0.64%)
Hong Kong Hang Seng Index Hang Seng Index Rises 239.68 Points (1.23%)
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