While U Slept: Biz & Buz. Big 5 Business Stories Breaking Overnight. 06/23/10

June 23, 2010

NEW SIGNS OF SLOWDOWN OF EUROPEAN RECOVERY Growth tapers in continent’s service and manufacturing industries in June, according to survey of purchasing managers. (Bloomberg)

SOROS SAYS GERMAN BUDGET POLICY COULD BRING EURO COLLAPSE Billionaire investor lashes out at tight budget policy, telling newspaper that “German policy is a danger for Europe.” (Reuters/Die Zeit)

GLOBAL STOCKS DROP ON WORRIES ABOUT RECOVERY, BANK LEVIES After Asian bourses close lower, Europe opens with losses led by financial sector. (Dow Jones)

NEW STRIKES IN CHINA SHUT DOWN TOYOTA AND HONDA Labor unrest at parts suppliers in southern China bring production to halt at Japanese-run auto plants. (AP)

WHAT’S INSIDE NEW IPHONE? Pre-release “Teardown”by iFixit reveals chips from Samsung, Micron Technology and STMicroelectronics powering new iPhone 4 that goes on sale Thursday. (Reuters)


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: