U.K. Producer Prices Rise at Fastest Pace Since 1986 (Update4) - Bloomberg
Might 12 (Bloomberg) — U.K. producer prices climbed in April at the fastest annual pace since at least 1986 as raw-material costs jumped, adding to the case for the Bank of England to moderate the pace of interest-rate cuts. Prices charged by

Obituaries in the news - Minneapolis Star Tribune
MOUNT VERNON, Mo. (AP) — Joyce “Dottie” Rambo, a gospel singer and songwriter whose songs have been recorded by Dolly Parton, died when her tour bus ran off the highway and struck an embankment. She was 74. Seven other people on the bus were

Report: 900 children buried in China quake - CNN
BEIJING, China (CNN) — A major earthquake has buried about 900 kids in southwest China, the country’s official news bureau Xinhua reported Monday. Students help a fainted classmate evacuate to a playground in Qionglai city, southwest China’s

EU offers aid in China quake - News.com.au
THE European Union offered assistance to China this day following the 7.8 magnitude earthquake that struck the southwestern province of Sichuan, saying information from the region was “worrying”. The European Commission was closely monitoring the

900 feared buried in quake - News.com.au
NEARLY 900 students were feared buried when a 7.8 magnitude earthquake caused a high school building to collapse in Chengdu, capital of China’s Sichuan province. The quake struck 93km from Chengdu, a major population centre in southwest China with

2 Humvees missing from US base in Afghanistan - Kansas City Star
Two armored Humvees were missing from a U.S. military base in Afghanistan, a military spokesman stated Monday. The military was investigating whether the automobiles were stolen, although officials believed they were likely still in the possession of U.S

Radyne concurs to be acquired by Comtech in $223.6 million all-cash - Forbes
LONDON (Thomson Financial) - Radyne Corp. stated Monday it has agreed to be acquired by Comtech Telecommunications in a deal valuing the company at $223.6 million. Under the terms of the agreement, Comtech will make a first step cash tender to Radyne

No serious quake damage in Chengdu - China state TV - Forbes
BEIJING (XFN-ASIA) - A powerful earthquake that shook southwestern China didn’t appear to have caused major damage in the Sichuan provincial of capital Chengdu, near the epicenter, state television reported on Monday. A reporter for CCTV news in

OXFD Secures Winning Bid on Loan Portfolio - MSN MoneyCentral
Oxford Funding Corporation (OTC:OXFD) has secured the winning bid on a $1.69 million performing first lien residential loan portfolio from a major national lender Ronald C. Redd, Chief Executive Officer of Oxford reports. “This is a relatively small

Output from massive Kashagan field delayed once again - Houston Chronicle
Eni, Italy’s largest oil company, and partners developing the Kashagan oil field in the Caspian Sea may delay production by as much as two years, the fourth postponement at the 7 billion- to 9 billion-barrel Kazakhstan discovery. The start of

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