In Monday's Americas papers

09 November 2009 11:30  [Source: ICIS news]


Front page

Germany marks fall of Berlin Wall
With concerts and memorials, Germans will celebrate the day the Berlin Wall came crashing down 20 years ago.

Party is still on for the euro
The euro and other higher-yielding currencies are positioned to continue to gain against the dollar this week, even as flagging US jobs data cast doubt on the global economic recovery.

Kraft bid for cadbury likely to go hostile
Kraft is expected to officially launch a hostile bid for Cadbury, setting in motion a tussle for control of the British confectionary firm.

Money & Investing

With Feds, BofA's Lewis met his match
Over nearly a year of battles with US regulators and investigators, BofA CEO Kenneth Lewis gradually lost control of a bank he had worked at for 40 years.

GE, Comcast reach agreement on valuing NBC Universal
GE and Comcast have agreed to value NBC Universal in the neighborhood of $30bn, a development that could lead to a deal this week for Comcast to take control of GE's media and entertainment arm.

Northrop to sell TASC unit for $1.65bn
Northrop Grumman has agreed to sell its TASC consulting unit to private-equity firms General Atlantic and Kohlberg Kravis Roberts for $1.65bn, as the deals market heats back up.


Front page

The legacy of 1989 is still up for debate
Europe was transformed in 1989, but the events of that year are seen differently in Europe, the US and Russia.

Fort Hood gunman gave signals before his rampage
Relatives of Maj Nidal Malik Hasan say stress that led to the shooting had been building for a long time.

Business Day

A movie’s budget pops from the screen
Despite many skeptics, 20th Century Fox thinks it can turn a profit on its 3-D science-fiction film "Avatar", which is among the most expensive movies ever.

The medical industry grumbles, but it stands to gain
Many analysts say the House bill is not as bad for business as many in the health care industry might have feared when the overhaul effort began.


Front page

Metro barred inspectors from tracks, data show
Dispute encapsulates what many call a major flaw: lack of effective, enforceable oversight leaves transit systems policing their own safety.

Suspect's links to imam eyed
Authorities scrutinise links between Fort Hood shooting suspect and imam said to back al-Qaeda.


Twin deficits to help gauge economy
The US is importing (a lot) more than it exports, creating a trade deficit, and the government is spending (a lot) more than it brings in, the cause of the budget deficit.

Trade groups take a beating
Times are tough for trade associations, just as they are for the industries they represent. Two-thirds of trade groups anticipate a decline in revenue in 2010, a new survey finds.


Front page

Native tribe will petition Ottawa to remove their Indian status
A delegation of the Gitxsan people from northwest British Columbia is set to meet with Indian Affairs Minister Chuck Strahl next month with a groundbreaking proposal: That the 13,000 members of their tribe be allowed to abandon their status as "Indians".

Smitherman steps down to run for Toronto mayor
After months of speculation, George Smitherman is making the move to municipal politics.


GM to spend $100m on retooling Ontario plant
General Motors Co will invest nearly $100m to increase production capacity at one of its Canadian assembly plants, a move that signals the auto maker’s growing confidence in the auto recovery and robust consumer demand for the two vehicles made at the plant.

G20’s policy cohesion beginning to fray
The beginning of a new era in global economic policy making is being marred by old squabbles over taxes, currencies and regulation.


Front page

Chávez asks Venezuela to ‘prepare for war’
Venezuelan President Hugo Chávez told military forces and militants to prepare "for war", referring to an eventual aggression from the Colombian military bases being used by US troops.

Iraq’s electoral law approval may help remove US troops in 2010
US President Barack Obama said that the approval of the electoral law by the Iraqi Parliament is an "important advancement" for allowing the United States’ forces to be removed from the country in 2010.

Honduran Prosecutor safe after assailants fire gunshots at vehicle
Luis Rubí, Honduran General Prosecutor, was attacked by gunshots fired against his government vehicles, which were on the principal northern highway of the country, according to police reports.

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