http://www.javno.com/RSS channel, News from Portal Javno, category Economy.Copyright Info izlog d.o.o.15en Dealers breathed a sigh of relief that Brussels was holding back from insisting on exchange trading for now. http://www.javno.com/en-economy/clearing-key-to-making-derivatives-safer---eu_268833 By 0945 GMT the FTSE 100 index was off 4.60 points, or 0.1 percent, at 4,229.67 in subdued trading with U.S. markets closed on Friday. http://www.javno.com/en-economy/ftse-flat-oils-miners-weak-banks-gain_268801 At 0830 GMT, the FTSEurofirst 300 index of top European shares was down 0.4 percent at 839.95 points. http://www.javno.com/en-economy/falling-miners-drag-europe-stocks-to-one-week-low_268798 U.S. crude for August delivery slipped 9 cents to $66.64 a barrel by 0808 GMT. London Brent crude fell 14 cents to $66.51. http://www.javno.com/en-economy/oil-slips-below-usd67-after-bleak-us-jobs-data_268787 The Nikkei dipped below its 25-day moving average for most of the day but crawled higher to close at just about the same level. http://www.javno.com/en-economy/nikkei-sags-retailers-battered-by-seven-amp-i_268769 Oil and copper extended their slide. U.S. crude struck a one-month low and was down 27 cents a barrel at $66.46. http://www.javno.com/en-economy/asia-stocks-dip-drop-limited-after-grim-us-jobs_268759 The most populous and often trend-setting U.S. state has racked up a $26.3 billion budget gap. http://www.javno.com/en-economy/schwarzenegger-cant-terminate-ca-money-woes_268731 U.S. crude fell $2.45 to $66.86 a barrel by 1530 GMT. The contract settled 58 cents lower at $69.31 Wednesday. http://www.javno.com/en-economy/oil-falls-below-usd67-focus-on-weak-us-economy_268642 The June job losses were more than 100,000 greater than the 363,000 consensus of Wall Street economists polled by Reuters. http://www.javno.com/en-economy/us-june-payrolls-fell-467000-jobless-rate-rise_268640 The initial budget of the loan facility could leverage more than 500 million euros in joint ventures with other financial institutions. http://www.javno.com/en-economy/eu-to-create-micro-finance-facility-for-unemployed_268619 The ECB kept its overnight deposit rate, which is acting as a floor for money markets, at 0.25 percent. http://www.javno.com/en-economy/ecb-keeps-rates-at-record-low-1-pct-as-expected_268618 Jihad said that the Iraqi government planned to develop two major gas fields, Akkas and Mansuriyah. http://www.javno.com/en-economy/iraq-to-move-up-second-energy-bidding-round_268574 The FTSE 100 index ended down 106.44 points at 4,234.27 after closing 2.2 percent higher on Wednesday. http://www.javno.com/en-economy/ftse-falls-25-pct-on-us-jobs-euro-zone-data_268555 Major European stock futures were down 0.9 percent before the jobs data, while U.S. S&P 500 futures declined 0.3 percent. http://www.javno.com/en-economy/us-jobs-data-looms-asia-stocks-cling-to-gains_268539 Market analysts said the Nikkei was due for a pause after recovering some 40 percent from its March lows. http://www.javno.com/en-economy/nikkei-falls-before-us-jobs-data-but-hitachi-gain_268538 `In the past three months there has been further slippage towards more trade restricting and distorting policies`, Pascal Lamy told Reuters. http://www.javno.com/en-economy/wto-says-governments-restricting-distorting-trade_268490 Only when we become aware of the gravity of the crisis we are in will we be able to start recovery, head of the Chamber of Commerce said. http://www.javno.com/en-economy/sanader-is-leaving-us-in-check-mate-position_268472 Dublin is creating a National Asset Management Agency (NAMA) to take over the property and development loans of Irish banks. http://www.javno.com/en-economy/capital-impact-of-irish-bad-bank-clear-next-year_268430 U.S. crude futures were trading 34 cents lower at $69.55 a barrel by 1535 GMT, having risen earlier to as high as $71.85. http://www.javno.com/en-economy/oil-drops-below-usd70-as-us-fuel-stockpiles-rise_268337 The FTSEurofirst 300 index of top European shares closed 1.8 percent higher at 865.66 points. http://www.javno.com/en-economy/european-shares-rise-led-by-commods-banks_268328 The FTSE 100 was up 91.50 points at 4,340.71, after closing 1 percent lower on Tuesday. http://www.javno.com/en-economy/oils-miners-pull-ftse-100-up-22-percent_268313 `It`s not outside the realm of possibilities that the fed funds rate could stay at zero for the next couple of years,` Yellen told. http://www.javno.com/en-economy/yellen-says-fed-should-not-rush-to-reverse-policy_268302 Oil held above $70 a barrel after industry inventory data showed a bigger-than-expected fall in crude stocks. http://www.javno.com/en-economy/asia-shares-struggle-as-data-shows-going-tough_268301 The rise of thrift may be bad news for a U.S. economy where in 2006 consumer spending accounted for 70 percent of gross domestic product. http://www.javno.com/en-economy/cheap-is-new-cool-but-will-america-stay-thrifty_268280 Fritz Henderson told the court that if the sale is not approved by July 10, the company would be forced to liquidate. http://www.javno.com/en-economy/gm-ceo-makes-case-for-us-bankruptcy-asset-sale_268243 Owners of commercial bills of the Croatian Post will be able to exchange them for newly issued bonds covered by the Croatian Postal Bank. http://www.javno.com/en-economy/only-qualified-investors-for-public-offer_268186 The FTSE 100 index closed 44.82 points lower at 4249.21. http://www.javno.com/en-economy/ftse-off-1-pct-on-weak-us-data-oils-drag_268162 At 0839 GMT, the FTSEurofirst 300 index of top European shares was up 0.1 percent at 860.11 points. http://www.javno.com/en-economy/europe-shares-up-target-best-qtr-gain-since-1999_268149 BG Group said it will pay Dallas-based Exco Resources Inc $1.3 billion for an interest in shale gas resources. http://www.javno.com/en-economy/bg-pays-usd13-bln-for-us-shale-gas-jv-with-exco_268134 Asian stocks rose on Tuesday, the last day of a torrid quarter, as investors added to trades based on a rebound in economic activity. http://www.javno.com/en-economy/asia-stocks-up-oil-surges-at-quarters-end_268130 Oil rose sharply to 8-month highs, though a lack of news suggested dealers were focussed on quarter-end activity. http://www.javno.com/en-economy/asia-stocks-gain-as-risk-taking-persists_268126 Shares of Paramount parent Viacom have risen 6% since Transformers opened, closing 4% higher Monday at $24.71. http://www.javno.com/en-economy/transformers-primes-movie-theater-stocks_268117 The auction, delayed by a day by a sandstorm, will be broadcast live from a hotel in Baghdad`s fortified Green Zone. http://www.javno.com/en-economy/iraq-launches-historic-oil-and-gas-auction_268115 The official word of his return followed months of speculation about the health of Jobs and his future with the company. http://www.javno.com/en-economy/apple-ceo-steve-jobs-returns-to-work_268085 `I`ve got 800 staff looking at me every day for inspiration and hope`, said Clive Tilley, who runs the 70-tabled Casino de Paris. http://www.javno.com/en-economy/russias-casinos-to-close-thousands-lose-jobs_268050 At 1043 GMT, the FTSEurofirst 300 index of top European shares was up 1.1 percent at 853.91 points. http://www.javno.com/en-economy/financials-oils-boost-european-shares-by-midday_267997 U.S. crude rose $2.36 to $71.52 a barrel by 2:24 p.m. EDT (1824 GMT). London Brent crude rose $2.25 to $71.41. http://www.javno.com/en-economy/oil-rises-over-3-percent-on-nigeria-attacks_267976 A drop in oil prices pulled down energy-related shares, with Japan`s Nippon Oil losing nearly 2 percent. http://www.javno.com/en-economy/asia-stocks-mixed-dollar-regains-footing_267967 `We have not broken the back of the recession,` senior adviser David Axelrod told NBC Television`s Meet the Press program. http://www.javno.com/en-economy/whouse-adviser--us-recession-still-not-broken_267911 That optimism has provided a crucial underpinning to stocks since the Standard & Poor`s 500 Index hit a 12-year closing low on March 9. http://www.javno.com/en-economy/stocks-eye-jobs-other-data-in-july-4th-week_267808 At 1115 GMT, the FTSEurofirst 300 index of top European shares was up 0.4 percent at 849.32 points. http://www.javno.com/en-economy/europe-shares-cling-to-gains-led-by-oil-ubs-sinks_267746 By 1110 GMT, benchmark August U.S. crude oil was up 50 cents per barrel at $70.73. London Brent rose 46 cents to $70.24. http://www.javno.com/en-economy/oil-rises-towards-usd71-after-nigerian-attack-report_267745 By 0804 GMT the blue-chip index was up 29.82 points at 4,282.39 after falling 0.6 percent on Thursday to close at 4,252.57. http://www.javno.com/en-economy/higher-crude-fuels-07-pct-gain-in-ftse_267697 The Nikkei has risen 11 percent since the start of the year but is still down 29 percent from a year ago. http://www.javno.com/en-economy/asian-shares-up-dollar-soft-as-confidence-mends_267659 The actions of the 6,940 BA staff, equivalent to 17 percent of its workforce, would save the airline up to 10 million pounds ($16 million). http://www.javno.com/en-economy/ba-says-7000-staff-agree-to-pay-cuts_267614 Kirk told a news conference that pursuing the negotiations in the traditional multilateral way would no longer work. http://www.javno.com/en-economy/us-wants-new-approach-in-doha-trade-talks_267601 The FTSE 100 closed down 27.41 points at 4,252.57, after gaining 1.2 percent in the previous session. http://www.javno.com/en-economy/ftse-ends-down-06-percent-on-banks-commods_267577 At 1120 GMT, the FTSEurofirst 300 was 1.3 percent lower at 842.22 points. http://www.javno.com/en-economy/european-shares-fall-led-by-banks-and-drugmakers_267576 Futures on European stock indexes pointed to a flat start. http://www.javno.com/en-economy/asia-stocks-rally-on-steady-fed-treasuries-hit_267538 `Interest in microinsurance has been exploding throughout the world`, said Craig Thorburn, a senior insurance specialist at World Bank. http://www.javno.com/en-economy/microinsurance-industry-sees-profits-from-the-poor_267530 Production is still two years away, but the reinvention of Maine`s Old Town Fuel & Fiber mill is already drawing interest. http://www.javno.com/en-economy/us-pulp-maker-pioneers-new-biofuel_267527 Castro, who took power in a 1959 revolution and rapidly steered the Caribbean island leftward, has long criticized the capitalist system. http://www.javno.com/en-economy/castro-foresaw-economic-doom-26-years-ago-minister_267525 U.S. crude settled 57 cents lower at $68.67 a barrel, reversing earlier gains. London Brent crude fell 47 cents to $68.33 a barrel. http://www.javno.com/en-economy/oil-slips-below-usd69-on-us-product-build-dollar_267368 The FTSEurofirst 300 index of top shares ended 2.4 percent higher at 853.56 points, recovering from two straight sessions of losses. http://www.javno.com/en-economy/european-shares-end-higher-banks-miners-advance_267349 The FTSE 100 index rose 49.96 points to 4,279.98 after an unexpected jump in U.S. durable goods orders last month. http://www.javno.com/en-economy/us-data-pulls-ftse-up-12-pct-food-retailers-weak_267314 The latest WTO case comes as Washington and Brussels look for China`s cooperation in pulling the world economy out of a slump. http://www.javno.com/en-economy/china-defends-policies-against-wto-complaint_267285 The rise in stocks was limited across the continent before the outcome of the Fed meeting. http://www.javno.com/en-economy/asia-stocks-recover-from-1-month-low-eye-fed_267264 U.S. crude for August traded up $1.29 to $68.79 a barrel by 1:57 p.m. EDT (1767 GMT). London Brent crude rose $1.44 to $68.42 a barrel. http://www.javno.com/en-economy/oil-jumps-2-pct-on-nigeria-disruptions-weaker-usd_267211 Here is how major stock markets outside the United States ended on Tuesday. http://www.javno.com/en-economy/closing-stock-market-indices-outside-the-us_267194 The FTSE 100 fell 4.03 points to 4,230.02 in a choppy session after losing 2.6 percent on Monday. http://www.javno.com/en-economy/ftse-down-01-pct-weak-oils-banks-offset-pharmas_267193 The FTSEurofirst 300 index of top European shares fell 0.4 percent to 833.67 points, the lowest close since May 13. http://www.javno.com/en-economy/europe-stocks-close-lower-financials-fall_267056 Euro zone manufacturers fared better, with that sector`s PMI rising to its highest level since September. http://www.javno.com/en-economy/world-stocks-slip-on-econ-worries-yen-firmer_267014 Before things get better, the weakest are expected to fail and even those that survive will need years to recover from the debts. http://www.javno.com/en-economy/swine-flu-recession-put-us-hog-industry-in-red_267001 Facing a budget deficit nearly twice the limit set by EU borrowing rules, Sarkozy nevertheless pledged broad investment. http://www.javno.com/en-economy/sarkozy-rejects-austerity-as-crisis-response_266964 Surveys from Japan and Germany, while expressing caution, indicated businesses are starting to feel more upbeat. http://www.javno.com/en-economy/economy-forecasts-glum-but-germany-japan-keep-up_266959 U.S. crude for July delivery traded $2.76 lower at $66.79 a barrel by 11:48 a.m. EDT (1548 GMT). Brent crude fell $2.51 to $66.68 a barrel. http://www.javno.com/en-economy/oil-tumbles-4-percent-on-economic-outlook-dollar_266958 The FTSE 100 closed down 111.88 points at 4,234.05, its lowest closing level since April 29. The index has fallen 4.2 percent so far in June http://www.javno.com/en-economy/ftse-ends-26-pct-down-energy-miners-drag_266872 The UK blue-chip index closed 65.07 points, or 1.5 percent, higher on Friday at 4,345.93. http://www.javno.com/en-economy/uk-stocks----factors-to-watch-on-june-22_266860 Although geographically distant, Croatia and China are developing good and friendly relations, Sanader voiced satisfaction. http://www.javno.com/en-economy/hus-visit-to-croatia-key-incentive-for-economy_266741 `We are prepared to reduce our personnel, but we are trying to do it in a considerate manner,` Saveliev told reporters. http://www.javno.com/en-economy/russias-aeroflot-says-plans-job-cuts_266728 The partial closure, starting Wednesday, will be the latest in a series of temporary shutdowns at the plant in recent months. http://www.javno.com/en-economy/volkswagen-to-partially-idle-mexico-plant-in-july_266726 Croatian analysts do not deny Croatia`s submissive position in trade with China. http://www.javno.com/en-economy/croatian-david-and-chinese-goliath_266636 Although the figures gathered in the first five months of 2009 are discouraging, figures for June are awaited with hope. http://www.javno.com/en-economy/9-percent-drop-in-tourist-arrivals---croatia_266560 Switzerland, whose private banks manage around $2 trillion of foreign wealth, aims to secure 12 new bilateral tax deals by the end of 2009. http://www.javno.com/en-economy/switzerland-strikes-tax-deal-with-us_266532 By 1031 GMT, the pan-European FTSEurofirst 300 index of top shares was up 1.3 percent at 861.70 points. http://www.javno.com/en-economy/europe-stocks-gain-as-banks-commods-rise_266467 U.S. crude rose 49 cents to $71.86 a barrel by 1358 GMT, having topped $72 earlier. London Brent crude gained 38 cents to $71.44. http://www.javno.com/en-economy/oil-up-towards-usd72-on-economic-prospects-nigeria_266443 By 1100 GMT the FTSE 100 was up 80.08 points at 4,360.94 points and on track to post its biggest daily percentage gain since June 1. http://www.javno.com/en-economy/ftse-up-19-percent-led-by-oil-majors-and-miners_266420 The state audit office said the profit was more than double the most recent estimate of 410 million yuan. http://www.javno.com/en-economy/beijing-makes-usd146-mln-from-2008-olympics_266409 Since the lows hit in early March, the MSCI benchmark of Asian shares has soared nearly 50 percent. http://www.javno.com/en-economy/asia-stocks-snap-4-day-slide-bond-yields-up_266405 Due to the Krsko nuclear power plant’s failure to deliver electricity, Croatia’s power company HEP filed and won an international lawsuit. http://www.javno.com/en-economy/croatias-heps-big-victory-over-slovenia_266384 Ukrainian officials say they need some $4 billion of credits to buy Russian gas, and hope to get it from European banks. http://www.javno.com/en-economy/eu-urges-ukraine-russia-to-ensure-steady-gas-flow_266319 The FTSE 100 index closed 2.40 points higher at 4,280.86, having closed down 50.11 points, or 1.2 percent the previous session. http://www.javno.com/en-economy/ftse-tiptoes-higher-vodafone-tobacco-strong_266215 At 1103 GMT, the FTSEurofirst 300 was 0.7 percent lower at 839.68, near the day`s low, having reversed earlier gains. http://www.javno.com/en-economy/european-stocks-fall-energy-firms-miners-weigh_266190 Asian stocks outside Japan are up nearly 30 pct so far in the April-June quarter and poised for their biggest quarterly gain in 16 years. http://www.javno.com/en-economy/asia-stocks-dip-quarter-end-spurs-profit-takers_266132 Blerza Kallajnxhi held up a cluster of labels saying `Made in E.U.` at her factory in Gjirokaster, Albania. http://www.javno.com/en-economy/made-in-eu----fashions-legal-loopholes_266124 It is unclear when the government might start selling its stakes in the banks. http://www.javno.com/en-economy/uk-to-cut-debt-with-profit-from-bank--darling_266096 The FTSEurofirst 300 index of top European shares fell 1.9 percent to 845.76 points but remains up 1.7 percent year-to-date. http://www.javno.com/en-economy/growth-and-bank-health-woes-weigh-on-europe-stocks_266056 Kazakhstan`s chief WTO negotiator Zhanar Aitzhanova said WTO accession remained a key economic priority for the three states. http://www.javno.com/en-economy/russia-allies-explore-options-for-wto-accession_266053 The proposals will include closing one bank regulator and creating new overseers for big-picture economic risk. http://www.javno.com/en-economy/obama-pushes-reform-to-restore-investor-confidence_266024 Record highs for crop prices fuelled food inflation last year, sparking riots in some parts of the developing world. http://www.javno.com/en-economy/agriculture-to-remain-strong-despite-crisis_265994 Tourism has helped Albania to enjoy robust growth of more than five percent in all but one year over the past decade. http://www.javno.com/en-economy/trash-sewage-mar-albania-tourism-investment-lure_265952 Some issues and dilemmas about the amount of minimum salary exist but the government can’t and won’t solve the issue without social partners http://www.javno.com/en-economy/minimum-pay-is-issue-of-deal-among-social-partners_265944 Gathering leaders from Brazil, Russia, India and China for a few hours was never likely to produce a blueprint for international reform. http://www.javno.com/en-economy/much-trumpeted-bric-summit-ends-quietly_265941 By 0830 GMT, the pan-European FTSEurofirst 300 was down 0.8 percent, with miners such as Anglo American and Rio Tinto leading the losses. http://www.javno.com/en-economy/stocks-slide-on-doubts-over-econ-recovery-oil-up_265928 The FTSE 100 closed 50.11 points lower at 4,278.46, after putting on 0.1 percent on Tuesday to break a two-session losing run. http://www.javno.com/en-economy/ftse-ends-down-12-pct-on-commods-defensives-up_265912 Analysts said the economy needs to start showing real improvement to support optimism about a budding recovery. http://www.javno.com/en-economy/wall-st-hit-by-economic-consumer-jitters_265842 The FTSEurofirst 300 index of top European shares fell 0.1 percent to close at 862.41 points, having been as high as 870.47. http://www.javno.com/en-economy/europe-stocks-fall-banks-slip-defensives-gain_265803 Heavyweight Vodafone added 1.6 percent, while GlaxoSmithKline and British American Tobacco both gained 0.7 percent. http://www.javno.com/en-economy/defensives-pull-ftse-up-01-pct-oils-miners-weak_265800 Chief Executive Willie Walsh said the idea was part of BA`s across the board cost-cutting measures. http://www.javno.com/en-economy/ba-asks-staff-to-work-for-free-after-record-loss_265793 Decision to increase the sale from the initial 3-5 billion pound target reflected the strength and diversity of demand. http://www.javno.com/en-economy/britain-makes-7-bln-stg-syndicated-gilt-splash_265788 In one of the most unlikely pairings, the tiny sports car firm of 45 staff is expected to take over a company that employs around 3,400. http://www.javno.com/en-economy/gm-says-reaches-deal-to-sell-saab-to-koenigsegg_265718 U.S. crude traded up 71 cents to $71.33 a barrel at 12:40 p.m. EDT (1640 GMT). http://www.javno.com/en-economy/oil-up-on-dollar-us-housing-data_265643 British inflation has remained remarkably sticky despite much lower energy and commodity costs compared to last year. http://www.javno.com/en-economy/uk-inflation-falls-less-than-expected-in-may_265622 With volatility creeping higher and uncertainty rife, investors as they did during the worst days of the financial crisis, turned to the yen http://www.javno.com/en-economy/dollar-falls-on-russia-uncertainty-stocks-drop_265613 The four BRIC nations will focus on ways to reshape the financial system after the economic crisis. http://www.javno.com/en-economy/russia-hosts-1st-bric-summit-india-pakistan-meet_265582 Brent crude for July, which expired on Monday, settled down $1.48 at $69.44 a barrel. http://www.javno.com/en-economy/oil-falls-near-2-percent-on-firmer-dollar_265521 Sarkozy told a global jobs summit in Geneva the world could no longer be governed by the laws of supply and demand. http://www.javno.com/en-economy/sarkozy-urges-regulation-reform-wto-limits_265488 `We cannot live with a financial system that speculates paper on top of paper without generating one single job`, Lula said. http://www.javno.com/en-economy/brazils-lula-calls-for-new-world-economic-order_265434 Finance ministers of the G8 nations agreed over the weekend that the global economy was showing encouraging signs of stabilisation. http://www.javno.com/en-economy/imf-chief-warns-it-too-soon-to-roll-back-stimulus_265389 The pan-European FTSEurofirst 300 index of top shares closed 2.5 percent lower at 863.34 points. http://www.javno.com/en-economy/europe-stocks-close-down-financials-weigh_265367 The FTSE 100 closed 115.94 points lower at 4,326.01, breaking an uptrend channel extending back to March 9. http://www.javno.com/en-economy/ftse-tumbles-26-percent-on-oils-miners-and-banks_265356 Used car purchases are soaring in India as a host of global and local auto firms offer attractive trade-in deals to build customer loyalty. http://www.javno.com/en-economy/used-cars-congest-indian-roads-as-sales-spike_265343 The problems of Greece`s homes market pale in comparison with those of Spain and Ireland, but the pain is seeping through the economy. http://www.javno.com/en-economy/dreams-dashed-in-greek-homes-market-bust_265319 Zimbabwe imports about 35 percent of its power requirements from Mozambique, Zambia and the Democratic Republic of Congo. http://www.javno.com/en-economy/zimbabwe-faces-power-cuts-over-unpaid-debts-paper_265261 Businessman Barry Tannenbaum denied reports he had spirited a fortune out of the country and said he was not `sitting with millions`. http://www.javno.com/en-economy/safrican-in-usd12-bln-fraud-case-wont-sell-assets_265113 Stocks may stay in a narrow trading range, as recovery hopes have been met with concern about an uncertain job market. http://www.javno.com/en-economy/housing-cpi-may-feed-early-recovery-hopes_265089 `You don`t want the whole organisation sulking around the coffee machine`, Boucher, 50, said in an interview. http://www.javno.com/en-economy/bank-of-ireland-ceo-eager-for-haircut_265082 `The force of the economic storm is receding. There are encouraging signs of stabilisation across many economies`, said Timothy Geithner. http://www.javno.com/en-economy/g8-nations-consider-exit-from-credit-crisis_265065 Brussels criticises a raft of countries, notably the United States, China and Russia, over elements of their stimulus packages. http://www.javno.com/en-economy/some-stimulus-plans-may-harm-world-trade-eu_264890 British bank Barclays lost 1.5 percent after agreeing to sell its investment arm BGI for $13.5 billion. http://www.javno.com/en-economy/europe-shares-gain-novartis-rises-oils-fall_264865 U.S. crude fell 88 cents to $71.80 a barrel by 1615 GMT. London Brent crude fell $1.06 to $70.73. http://www.javno.com/en-economy/oil-falls-below-usd72-as-dollar-rebounds_264863 The online social network is preparing to lay off as many as 500 of its 1,600 workers. http://www.javno.com/en-economy/myspace-prepares-for-massive-layoffs_264860 At the close, the FTSE 100 was 19.92 points lower at 4,441.95, giving back much of Thursday`s 0.8 percent rise. http://www.javno.com/en-economy/ftse-closes-down-05-pct-oils-miners-down_264851 Tannenbaum, who lives in Australia, said he had defrauded no-one and described accusations against him as wild allegations. http://www.javno.com/en-economy/safrican-businessman-denies-usd12-bln-fraud_264838 The data followed figures from the United States on Thursday that showed a rise in retail sales in May for the first time in three months. http://www.javno.com/en-economy/china-factory-output-lifts-hopes-for-world-economy_264804 Oil fell below $73 following a three-day rally to its highest level since mid-October on Thursday. http://www.javno.com/en-economy/asian-shares-manage-gains-as-momentum-slows_264801 Bording owes more on his mortgage than his Richmond, California house is worth so he is giving up on the loan. http://www.javno.com/en-economy/gloom-over-california-home-prices-hard-to-shake_264794 Barry Tannenbaum lured investors with the promise of 200 percent annual returns linked to pharmaceutical imports. http://www.javno.com/en-economy/safrica-fraud-worth-up-to-usd12-billion-uncovered_264737 The International Energy Agency said Thursday it revised its outlook for global oil demand higher for the first time since August. http://www.javno.com/en-economy/oil-extends-rally-on-hopes-for-rising-demand_264727 Some students taking unpaid internships and applying to nonprofit organizations instead of more lucrative private-sector jobs. http://www.javno.com/en-economy/dismal-job-market-for-graduating-us-students_264662 In the boom years, New York`s financial center lured many of the brightest young stars with the promise of high salaries and bonuses. http://www.javno.com/en-economy/us-college-grads-shun-wall-street-for-washington_264659 At 1034 GMT, the FTSE 100 index was up 20.24 points at 4,456.99, having closed up 31.96 points at 4,436.75 in the previous session. http://www.javno.com/en-economy/ftse-up-05-pct-banks-pharmas-higher-oils-down_264658 World stocks edged up and the dollar eased ahead of an auction of 30-year U.S. Treasury bonds later. http://www.javno.com/en-economy/oil-strongest-since-oct-debt-auctions-eyed_264652 The S&P/ASX 200 index added 89.5 points to 4,024.4, its highest close since Nov. 10. http://www.javno.com/en-economy/closing-stock-market-indices-outside-the-us_264581 Total income from farming in 2008 in the UK rose by 41.9 percent to 3.46 billion pounds ($5.67 billion), according to government data. http://www.javno.com/en-economy/uk-farmers-thrive-immune-from-economic-downturn_264561 Russia had earlier pledged to buy about $10 billion worth of bonds to be issued by the IMF as part of a fundraising effort. http://www.javno.com/en-economy/russia-to-sell-us-treasuries-buy-imf-bonds_264490 Fiat shares traded 4.1 percent higher at 7.79 euros at 0945 GMT. http://www.javno.com/en-economy/fiat-to-close-chrysler-deal-on-wed-shrs-rise_264461 The BoE has kept interest rates at a record low of 0.5 percent since March. http://www.javno.com/en-economy/boes-barker-rates-could-stay-low-for-some-time_264446 `Today the UK is clearly in the front rank of all global new build markets,` Luc Oursel said. http://www.javno.com/en-economy/uk-one-of-most-attractive-nuclear-markets--areva_264440 U.S. crude for July delivery rose $1.32 to settle at $71.33. London Brent rose $1.58 to $70.80 a barrel. http://www.javno.com/en-economy/oil-tops-usd71-after-large-drop-in-us-crude-stocks_264437 The Office for National Statistics said industrial output rose 0.3 percent on the month. http://www.javno.com/en-economy/uk-april-industrial-output-rises-unexpectedly_264428 The banking sector remains under stress and credit flows are still constrained, so governments should be alert. http://www.javno.com/en-economy/eu-to-seek-rapid-progress-on-financial-regulation_264426 The FTSE 100 closed 31.96 points higher at 4,436.75, paring earlier gains to as high as 4,505.89, as weaker U.S. stocks dampened the mood. http://www.javno.com/en-economy/ftse-ends-up-07-pct-buoyed-by-banks-commods_264413 The pan-European FTSEurofirst 300 index of top shares closed up 1.2 percent at 879.98 points after choppy trade. http://www.javno.com/en-economy/europe-stocks-close-up-12-pct-commods-banks-up_264404 The union, which represents about 120,000 performers, was bitterly divided over the proposed deal. http://www.javno.com/en-economy/hollywood-actors-approve-new-labor-contract_264375 Investors are scouring fresh Chinese data this week for signs that the economy remains on the road to recovery. http://www.javno.com/en-economy/higher-commodities-buoy-asia-stocks_264374 The White House welcomed the high court`s action. http://www.javno.com/en-economy/us-supreme-court-clears-path-for-chrysler-sale_264368 The pan-European FTSEurofirst 300 index of top shares closed 0.5 percent higher at 869.56 points after choppy trade. http://www.javno.com/en-economy/closing-stock-market-indices-outside-the-us_264318 GM said the new chairman will take over when the smaller, restructured company is formed in the next few months. http://www.javno.com/en-economy/ex-atampt-ceo-to-become-chairman-of-restructured-gm_264279