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Petrobras sells 64 bln dlrs of stock to fund exploration (AFP)

AFP - Brazil’s Petrobras unveiled one of the world’s biggest share offerings on Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into one of the world’s top 21st century oil exporters.

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Petrobras sells 64 bln dlrs of stock to fund exploration
(AFP)

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Experts see trouble ahead for developed world (AP)

AP - Is the global economy out of the woods? Two years after near-meltdown, with the U.S. looking sluggish, equity markets groggy and Europeans fighting a debt crisis, experts gathered in Italy offered a generally gloomy outlook — especially for the United States and much of the industrialized world

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Experts see trouble ahead for developed world
(AP)

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Eurozone retail sales near stagnant in July: data (AFP)

AFP - Retail sales across the 16 nations sharing the euro rose by a modest 0.1 percent in July, after a 0.2 percent increase in June, with drops in Germany and Spain, European Union data showed on Friday.

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Eurozone retail sales near stagnant in July: data
(AFP)

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Stock index futures dip ahead of payrolls (Reuters)

Reuters - Stock index futures pointed to a slightly lower open on Wall Street on Friday, with futures for the S&P 500 down 0.21 percent, Dow Jones futures down 0.17 percent and Nasdaq100 futures flat at 0725 GMT (3:25 a.m.

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Stock index futures dip ahead of payrolls
(Reuters)

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Oil lingers near $75 in Asia as stock markets gain (AP)

AP - Oil prices lingered near $75 a barrel Friday in Asia, largely holding onto a big gain the day before as investors put a positive spin on U.S. economic reports and Asian stock markets rose.

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Oil lingers near $75 in Asia as stock markets gain
(AP)

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Payrolls seen falling, private hiring tepid (Reuters)

Reuters - U.S.

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Payrolls seen falling, private hiring tepid
(Reuters)

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S.Korea’s Kia to recall 35,000 cars in US (AFP)

AFP - South Korea’s second largest carmaker Kia Motors said Friday it is recalling about 35,000 vehicles sold in the United States due to faulty wiring in interior lights that could cause fires.

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S.Korea’s Kia to recall 35,000 cars in US
(AFP)

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Oil prices rise after mixed economic news (AP)

AP - Oil prices ended higher Thursday after an initial retreat as investors put a positive spin on reports about jobs, manufacturing and home sales.

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Oil prices rise after mixed economic news
(AP)

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Another rig explodes off La. coast; oil spreading (AP)

AP - Another oil rig exploded and caught fire Thursday off the Louisiana coast, spreading a mile-long oil sheen in the Gulf of Mexico west of the site of BP’s massive spill. All 13 crew members were rescued.

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Another rig explodes off La. coast; oil spreading
(AP)

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Ford says August China, India sales up (AP)

AP - Ford Motor Co.

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Ford says August China, India sales up
(AP)

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