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November 30, 2009

"Big Bang" collider sets particle beam record

Filed under: Interesting, Medical, News — admin @ 3:56 pm

GENEVA (Reuters) - The “Big Bang” experiment at CERN near Geneva scored a world record on Monday by accelerating beams to the highest energy ever achieved in a particle collider, the research center announced.

Stocks dip with retailers on spending worries

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NEW YORK (Reuters) - Stocks inched lower on Monday with retail shares down after Black Friday and data suggesting weak holiday sales, while data showing expansion in business activity in the Midwest helped to limit losses.

Dubai says not responsible for Dubai World debt

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DUBAI (Reuters) - The Dubai government said on Monday it wasn’t responsible for the debts of Dubai World, dealing a blow to creditors’ assumptions that the Arab emirate would guarantee the conglomerate’s liabilities.

U.S. regional manufacturing recovers, consumers wary

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NEW YORK (Reuters) - Manufacturing in parts of the United States was picking up steam, data showed on Monday, but jobs were lagging the recovery and consumers remained cautious, economists said.

November factory activity seen decelerating

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NEW YORK (Reuters) - The U.S. manufacturing sector is expected to have grown but at a slower pace in November in a still fragile recovery from the longest recession in decades, according to a Reuters’ poll of economists.

U.S. November auto sales to show slow recovery

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DETROIT (Reuters) - Major automakers are expected to report flat U.S. auto sales for November from a year ago — another sign the industry is on the mend after a bruising downturn that forced extensive restructuring early this year.

U.S. job cuts slowed in November, jobless rate seen steady

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WASHINGTON (Reuters) - Job losses in the United States slowed sharply in November, cushioned by seasonal adjustments and a budding economic recovery that is encouraging some companies to retain workers, a Reuters survey predicts.

Commercial property weighs on banks: Fed official

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WASHINGTON (Reuters) - U.S. banks continue to face significant challenges, particularly from rising delinquencies in commercial real estate and commercial loans, a Federal Reserve official said on Monday.

UAE banks able to weather crisis: cbank governor

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DUBAI (Reuters) - The United Arab Emirates’ central bank governor said on Monday there was no cause for concern about local banks, which he said had proven themselves able to weather the global crisis, the state news agency WAM reported.

AIG shares fall after analyst questions reserves

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NEW YORK (Reuters) - Shares of AIG fell 12 percent on Monday after an analyst raised concerns about a possible deficiency in the company’s non-life insurance reserves.

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