In Monday's Americas papers

29 June 2009 11:30  [Source: ICIS news]

THE WALL STREET JOURNAL

Front page

Partial recount of Iran poll underway
Iran began recounting some of the votes cast in its disputed presidential election in an apparent attempt to placate opposition protesters, after more clashes with riot police yesterday.

Ticket refunds on a massive scale
Concert promoter AEG Live spent the weekend after Michael Jackson's death planning what could be one of the biggest ticket-refund programs in history.

Tata adds to India luxury segment
Tata Motors introduced the Jaguar and Land Rover luxury-car brands in India as it tries to challenge its German luxury-car rivals.

Money & Investing

Job of UBS chief is not any easier
UBS's move to boost its capital base underlines its continuing struggles to return to profitability even as its competitors are minting money.

European stocks post modest gains
European stocks made modest gains in thin trading, with the basic-resources sector in focus on reports of merger and acquisition activity.

National Express rebuffs FirstGroup
UK bus and rail company FirstGroup said it had made a takeover approach to National Express's board, but was rebuffed by the smaller rival.

THE NEW YORK TIMES

Front page

Israel may shift on settlements freeze amid broader effort
While such an offer would fall short of the American demand that all building be halted, it shows that pressure from Washington may be having an effect.

Argentina’s Ruling Party concedes defeat in election
Néstor Kirchner, the former president and head of the governing Peronist Party, conceded defeat early Monday in critical congressional elections that became a referendum on his leadership and that of his wife, the current president, Cristina Fernández de Kirchner.

Business Day

No new updates

WASHINGTON POST

Front page

Crackdown in Iran puts Mousavi in a tight spot
President Ahmadinejad and his supporters have begun using his disputed victory to consolidate power and target the opposition candidate.

Loophole benefits GE in rescue
Industrial giant becomes top beneficiary of federal program designed to guarantee banks' debts.

Business

GM to accept some liability claims
Automaker will assume responsibility for product liability claims filed after the carmaker emerges from bankruptcy protection, a concession that removes a potential obstacle to the Obama administration's plan for the company's quick restructuring.

HGS is upbeat despite the odds
Rockville-based Human Genome Sciences hopes to pass the test of its experimental lupus drug.

GLOBE AND MAIL, Canada

Front page

Mysterious people tailing Abdelrazik on his first days at home, lawyer says
Abousfian Abdelrazik is back on Canadian soil a partly free man, but his lawyer says mysterious people are watching his every move and he may seek a court injunction to stop it.

Angry strikers block Pride parade cleanup
Angry striking municipal workers say the city reneged on a deal to not hire private contractors for the Pride parade cleanup, which they delayed for hours last night by forming a human blockade around the company's heavy machinery.

Business

Al Jazeera coming to Canadian TV
One of the longest running and most contentious debates in Canadian broadcasting is coming to an end with the expected approval by federal regulators to allow Al Jazeera's English television network to be carried here.

Emerging markets offer hope
It's becoming one of the more hotly debated questions among those seeking a way out of the global recession: Is the world economy powered by one engine or two?

BUENOS AIRES HERALD

Front page

De Narváez celebrates victory in Buenos Aires
Congressional candidate Francisco de Narváez is leading the midterm election in Buenos Aires province ahead of ex-president Néstor Kirchner, in a high-profile race in the country's mid-term elections, early official results showed.

Sweeping victory for Cobos' allies in Mendoza
Close political allies of Vice-president Julio Cobos are ahead in the province of Mendoza with a 19% lead, in a victory that is seen as a first step toward Cobos’ presidential campaign in 2011.

Michetti wins in Buenos Aires City, Solanas in second place
The candidate of the Unión-PRO centre-right party Gabriela Michetti wins the congressional elections in Buenos Aires City with 31.08% of the votes.

By: Staff Reporter
+44 20 8652 3214

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