Buzzweb

---

• European shares inch lower as financials decline
• TEPCO shares hit record low, haunted by compensation worries
• Oil, state spending to boost Gulf despite unrest
• Wall St flat as deal news offsets China rate hike
• Mercedes-Benz recalls U.S. M-Class vehicles

European shares inch lower as financials decline Posted: 05 Apr 2011 08:25 AM PDT A downgrade of Portugal's credit rating by Moody's which said a new government would likely need financing support from the European Union as a matter of urgency dampened market sentiment

TEPCO shares hit record low, haunted by compensation worries Posted: 05 Apr 2011 08:25 AM PDT TOKYO (Reuters) - Shares in Tokyo Electric Power slid 18 percent to a 60-year low on Tuesday on fears the firm won't have enough money to compensate victims of its crippled nuclear plant and uncertainty over the government's ultimate intentions for the utility.

Oil, state spending to boost Gulf despite unrest Posted: 05 Apr 2011 08:25 AM PDT DUBAI (Reuters) - Political unrest in the Gulf threatens private sector spending and investment but thanks to high oil prices, governments have enough financial firepower to prevent their economies from slowing sharply.

Wall St flat as deal news offsets China rate hike Posted: 05 Apr 2011 08:25 AM PDT NEW YORK (Reuters) - U.S. stocks were little changed on Tuesday as an interest rate hike in China and weaker Apple shares were offset by positive sentiment from the latest deal news.

Mercedes-Benz recalls U.S. M-Class vehicles Posted: 05 Apr 2011 08:25 AM PDT DETROIT (Reuters) - Daimler AG's Mercedes-Benz is recalling 136,750 M-Class and M-Class AMG vehicles in the United States made from 1999 to 2004 for issues related to cruise control that may lead to a crash, U.S. federal safety regulators said.

You are subscribed to email updates from Buzzweb To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610