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CA-BUSINESS Summary

Published July 6, 2009, 2:41 am, The Globe and Mail

SYDNEY (Reuters) - Markets got off to a hesitant start Monday as investor doubts on the staying power of a global recovery kept Asian stocks soggy and currencies subdued ahead of a much-expanded Group of Eight meeting this week.

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Russia, India Question Dollar Reliance Before Summit (Update2)

Published July 6, 2009, 2:33 am, Bloomberg

July 6 (Bloomberg) -- Russia and India said the world economy is too reliant on the U.S. dollar and called for changes in how $6.5 trillion in currency reserves are managed, as Group of Eight leaders prepare to meet this week.

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Audi sees strong sales in China in first half '09

Published July 6, 2009, 2:29 am, INO News

(AP:FRANKFURT) German carmaker Audi AG saw sales during the first half of the year increase 11 percent in China, the company said Monday.

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Zimbabwe: Zimplow's Exports Grow 25 Percent

Published July 6, 2009, 2:23 am, AllAfrica.com

Harare — ZIMBABWE'S third largest engineering firm, Zimplow Limited registered an excess of 25 percent export growth for the year ended December 31, 2008, from its Mealie Brand division export unit sales.

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Kenyan Stocks Advance 0.6%: Athi River Mining, Olympia Capital

Published July 6, 2009, 2:22 am, Bloomberg

July 6 (Bloomberg) -- Kenya ’s price-weighted All-Share Index rose 0.6 percent to 58.91 at 10:42 a.m. in Nairobi, reversing a 0.2 percent decline at the close on July 3.

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Currency Rates Of Coffee Producing, Consuming Countries

Published July 6, 2009, 2:10 am, The Forex Market

LONDON (Dow Jones)--U.S. dollar exchange rates as of 10:04 GMT July 6, compared with 10:36 GMT July 3. Producers: 06/07/09 (03/07/09) Angolan Kwanza AON 74.971 (74.971) Bolivian Boliviano BOB 7.02 (7.02) Brazil Real BRL 1.9499 (1.9519) Burundi Franc BIF 466.5 (468) *CFA Franc XOF 2089.5 (2158.5) Colombian Peso COP 517.935 (517.935) Costa Rican Colon CRC 1 (1) Cuban Peso CUP 36 (36) Dominican ...

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Rio Tinto Sells Alcan Packaging Unit for $1.2 Billion to Bemis

Published July 6, 2009, 2:05 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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BRC Diamondcore Declines After Unit Liquidation Order (Update1)

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

July 6 (Bloomberg) -- BRC Diamondcore Ltd. , the diamond producer, fell the most in more than five months in Johannesburg trading after a South African court granted a creditor’s application for the liquidation of BRC’s South African unit.

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Rio Tinto offloads Alcan unit for $1.2 bln

Published July 6, 2009, 1:43 am, Sydney Morning Herald

Mining giant Rio Tinto has announced the 1.2 billion US dollar sale of Alcan's American food packaging arm to US firm Bemis as it offloads assets to pay off its big debts.

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AIG Draws Interest For Taiwanese Division: Report

Published July 6, 2009, 1:25 am, Fox News

AIG Draws Interest For Taiwanese Division: Report

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