Bridesville.net Web News Archive

GM CEO sees further industry consolidation (AFP via Yahoo! News) - General Motors top executive said Thursday he does not expect GM to become a private company, but said the dynamics of the auto industry are changing rapidly and would not dismiss the idea completely.

Hedge fund industry could do more to engage its critics (FT.com via Yahoo! News) - The hedge fund industry has come a long way since Franz Müntefering, then chairman of Germany's SPD and now the labour minister, referred to predatory investors as "locusts" two years ago. Jean-Claude Trichet, president of the European Central Bank, identifies in an interview in Friday's Financial Times an "emerging consensus" on the need for voluntary codes of appropriate behaviour within the ...

Japanese Tertiary Industry Activity Index Falls In March (Nasdaq) - (RTTNews) - Japanese tertiary industry activity index registered a monthly decline in March, official data indicated Friday. The tertiary industry activity index dropped 2.2% on month in March, the Ministry of Economy, Trade and Industry said.

American Automotive Industry Woes Will Continue (Industry Week) - May 18, 2007 -- A study entitled "The Challenges of the Global Restructuring of the Automotive Industry," issued by Euler Hermes ACI shows that the American product line is out of sync with local demand, causing a loss of market share to Japanese automakers.

Savings industry must be fixed - economist (NZPA via Yahoo!Xtra News) - Economist Gareth Morgan says problems with the savings industry needed to be fixed before the Kiwisaver scheme can work properly.

Japan's Tertiary Industry Activity Index Decreases More Than Expected In March (Nasdaq) - (RTTNews) - Friday, Japan's tertiary industry activity index decreased 2.2% to 108.3 in March from the previous month on a seasonally adjusted basis, the Ministry of Economy, Trade and Industry said. Analysts expected the index to decline 0.7% in March.

Japan's service industry index hits record high in FY 2006 (Kyodo via Yahoo! Asia News) - _ Japan's service industry activity index moved up 1.7 percent in fiscal 2006 from the previous year, hitting its highest level since comparable data became available in 1988, the government said Friday.

Foreign tourists avoid US, but industry has strong internal market (AFP via Yahoo! News) - Foreign tourists are increasingly avoiding visits to the United States, but the US tourism industry remains strong thanks to a healthy internal market, according to industry officials.

New Carbon Industry Forming (SYS-CON Media) - isemerging in the United States in the wake of recent environmental andlegislative trends, and major participants will gather to lay thegroundwork next week. Infocast has launched the industry's major buildingevent, The Carbon Finance and Investment Summit, which will take place inNew York City May 21 to 23, 2007.

Livestock Industry Blasts Ethanol Sector (Ag Report) - WASHINGTON - May 17/07 - SNS -- The U.S. livestock industry and feed sector blasted increased usage of ethanol in fuels in the United States, arguing such efforts to reduce that country's reliance on imported oil will raise food costs for citizens of the world's wealthiest nation.