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First Edition Cycling News, Friday, July 3, 2009

Published July 6, 2009, 2:03 am, Cyclingnews

Mark Cavendish has played down his prospects of winning the green jersey in the Tour de France, insisting that he will be happy to reach Paris and claim just one stage along the way.

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Stocks in Europe, Asia Decline; U.S. Index Futures Retreat

Published July 6, 2009, 2:01 am, Bloomberg

July 6 (Bloomberg) -- European and Asian stocks fell and U.S. index futures dropped, sending the MSCI World Index lower for a third day, as concern the global economic recovery will falter pushed commodities lower.

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Co-op Health Plans Run by Consumers May Offer Obama Compromise

Published July 6, 2009, 2:01 am, Bloomberg

July 6 (Bloomberg) -- A network of health insurance plans run by the customers they serve, proposed in the U.S. Congress to offset opposition to a government-run system, may take a generation to pay off, even with $10 billion in seed money.

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Metropolitan Police inks identity management deal

Published July 6, 2009, 1:56 am, Network World

The Metropolitan Police Authority has signed a five-year deal with BT for identity and access management.

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Some convincing needed on health bill

Published July 6, 2009, 1:56 am, The Politico

Strategists say Democrats need to prove to middle-class Americans that they will personally benefit.

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Global selling pressure pulls JSE down

Published July 6, 2009, 1:55 am, Independent Online

The JSE was lower in early trade, with resources leading the losses on the back of weaker global markets.

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French President Sets Up Committee To Study Investment Priorities

Published July 6, 2009, 1:53 am, The Forex Market

PARIS -(Dow Jones)- French President Nicolas Sarkozy Monday named former Prime Ministers Alain Juppe and Michel Rocard as heads of a committee which will study France's priorities in terms of investment.

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Former Babcock wind satellite rises from the ashes (ABC)

Published July 6, 2009, 1:53 am, Yahoo!7 Australian News

Failed investment group, Babcock and Brown, collapsed earlier this year and it seems unlikely that investors will get any of their money back.

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Rio Tinto Sells Alcan Unit for $1.2 Billion to Bemis (Update3)

Published July 6, 2009, 1:52 am, Bloomberg

July 6 (Bloomberg) -- Rio Tinto Group , the world’s third- largest mining company, sold part of its Alcan packaging unit to Bemis Co. for $1.2 billion to cut debt.

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Time-shares: Don't sign up without running the numbers

Published July 6, 2009, 1:51 am, Reno Gazette-Journal

When you Google "Condo timeshare," you will see a large number of hits with titles such as "Ditch Your Time-share Now," "Walking Away from a Time-share" or "Time-shares for Bottom Dollar." So, could this be an advantageous time to buy?

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