Obama kicks off campaign with $50 billion jobs plan (Reuters)

Reuters - President Barack Obama, scrambling to jump-start job creation in a sluggish U.S. economy, announced on Monday a six-year plan to revamp aging roads, railways and airport runways with an initial $50 billion investment.

Oil operations in Gulf unaffected by storm (Reuters)

Reuters - BP Plc , the largest oil producer in U.S.-regulated areas of the Gulf of Mexico, and Shell Oil Co (RDSa.L) said Monday that Tropical Storm Hermine was not affecting their offshore operations.

Money Buys Happiness Only Up to a Point (LiveScience.com)

LiveScience.com - Money might give you a sense of overall satisfaction with life, but the extra dough won't ensure days full of laughter and joy, a new survey analysis of income and happiness suggests.

Fiat to name Toyota executive to head sales: report (Reuters)

Reuters - Italian car maker Fiat SpA will hire Toyota Motor Europe's (7203.T) Andrea Formica to head sales at its four-brand automotive group, Automotive News Europe said, citing sources familiar with the matter.

EU summons BASF over 'illegal' potatoes in Swedish field (AFP)

AFP - Europe slapped a summons on German chemical giant BASF on Monday after a "blunder" allowed seed from a new genetically modified potato to remain in a field in Sweden.

Basel committee seeks 9 percent Tier 1 capital: report (Reuters)

Reuters - Global banks will be required to hold Tier 1 capital of nine percent including a 3 percent so-called "conservation buffer," German weekly Die Zeit reported, quoting a draft proposal from the Basel Committee, the body tasked with drawing up global banking rules.

Hurricane watch issued for coasts of Mexico, Texas (AP)

AP - Mexican authorities urged people to move to shelters while officials in Texas distributed sandbags and warned of flash floods as Tropical Storm Hermine headed toward the northwestern Gulf coast on Monday.

Lax safety in Congo makes river travel dangerous (AP)

AP - In a country of dense rain forests with few paved roads, boarding an overcrowded boat on a treacherous river is simply a way of life. This weekend, journeys on the dangerous waterways stole the lives of up to 270 people.

Oil well capped, 'shrimp and petroleum' festival goes ahead (AFP)

AFP - Eager to move past the devastating Gulf of Mexico oil spill and celebrate a local tradition, thousands of people flocked this weekend to Louisiana's annual Shrimp and Petroleum Festival.

WTO to issue Boeing subsidies verdict Sept. 15: source (AFP)

AFP - The World Trade Organization will issue its long-awaited opinion on Europe's challenge to American subsidies to US aerospace giant Boeing next week, a source close to the matter said Monday.

EU finmins want budget rule offenders rapped swiftly (Reuters)

Reuters - European Union finance ministers sought on Monday to make sanctions for EU budget rule breakers more automatic, but put off potentially difficult talks on a permanent mechanism to resolve euro zone crises.

Nenu Farrugia stored fireworks in his factory as a favour to Xaghara organisers

Nenu Farrugia who died in the fireworks explosion in Gharb yesterday, and his brother stored the fireworks in their factory, where the explosion occurred yesterday. Maltastar went to Gozo to talk to the shocked Gharb community.

NGOs call for Romanian minister to be sacked for GM links (AFP)

AFP - Over 70 environmental NGOs including the WWF called Monday for the sacking of Romania's new agriculture minister for his links to the genetically modified crop industry.

Gamesa Said to Plan Brazil Factory in Bid to Reverse Share Drop

Gamesa Corporacion Tecnologica SA, the Spanish wind turbine maker that’s lost more than half its market value this year, is planning to set up a factory in Brazil to supply the world’s fastest-growing market for wind energy, according to a person familiar with the company’s plans.

Oil slips below $74 as U.S. driving season ends (Reuters)

Reuters - U.S. oil prices slipped below $74 per barrel on Monday as the end of the U.S. driving season and high levels of unemployment in the world's biggest oil consumer raised concerns over the outlook for demand.

Fed should not set limit on economy aid: Kohn (Reuters)

Reuters - The Federal Reserve should not announce a limit on its actions if it resumes purchases of Treasury securities to stimulate the U.S. economy, the former vice chairman of the central bank said.

Growth hopes boost global equities (Reuters)

Reuters - World stocks rose on Monday on hopes the U.S. economy can avoid slipping back into recession, although the International Monetary Fund's chief economist warned of weak growth in both the United States and Europe.

Japanese stem cell researcher wins Balzan prize (AP)

AP - A Japanese researcher who found a way to give adults cells certain characteristics of embryonic stem cells, a process scientists say could eventually lead to cures for spinal cord injuries and other ailments, has been awarded the Balzan Prize for biology.

IT industry lags in recruiting women, says Scotland Women in Technology

The IT industry is lagging behind other sectors in attracting more women into the profession, according to the organisers of a group to encourage women into technology.

Gari production factory to be reactivated

Effutu-Gyahaadze (C/R), GNA - The abandoned Effutu-Gyahaadze Gari Production Factory established in the mid-1990s is to be reactivated soon. This was disclosed by Madam Grace Love Osae, Chairperson of the Board of Directors of the Edwumapaye Co-operative Credit Union at Winneba at the weekend.

Galactic 'Supervolcano' Seen Erupting With X-Rays (SPACE.com)

SPACE.com - A galactic "supervolcano" in the massive galaxy M87 is erupting, blasting gas outwards. The cosmic volcano — driven by a giant black hole in M87's center — is preventing hundreds of millions of new stars from forming.

Shetland mussel factory reopens after upgrade

NORTH Atlantic Shellfish Ltd is to reopen its newly upgraded mussel factory at Walls in Shetland in time for the start of the 2010/11 mussel harvesting season next week.

Two killed in factory blast

Two workers were killed and eight critically injured Monday in a powerful blast in a furnace unit of a factory in Uttar Pradesh's Ghaziabad district, police said.

Industry must recognise environmental concerns: PM

New Delhi, Sept 6 (PTI) Prime Minister Manmohan Singh today told the Indian industry to recognise that environmental concerns have come to stay although this has to be balanced with developmental needs.

Industrial connector series designed for harsh stage and concert use

Han-Yellock is a new industrial connector series from Harting which incorporates a number of features that make it ideally suited to use in stage automation, concert lighting and power distribution systems.

Karnataka pharma industry gears up for GLP compliance, organizes seminar

Karnataka pharma industry is gearing up for full compliance of Good Laboratory Practices (GLP) which is coming into force from November this year. The Drugs & Cosmetics Act has now included Schedule L1 for the implementation of the same.

The nation's weather (AP)

AP - Southeastern Texas was forecast to welcome the Labor Day with unsettled weather activity as a tropical wave in the southwestern Gulf of Mexico approached the Texas and eastern Mexico coast.

Video: Scene of devastation at fireworks factory site

The powerful series of explosions which rocked the Farrugia Brothers fireworks factory yesterday afternoon flattened the building, blasting large boulders a distance of several metres in this otherwise peaceful and scenic valley near Gharb.

Czech Industrial Output Grows At Slower Pace Pn July

(RTTNews) - Czech's industrial output increased at a slower pace in July. Industrial production climbed 5.3% year-on-year in July, but slower than a 9% growth in the previous month, the Czech Statistical Office said on Monday.

Australia's ecotourism industry being outperformed by international competitors: expert

Australia's ecotourism industry is paying the price for taking a lazy ride on the back of past glories, an industry figure said on Monday. The convener of October's Asia Pacific Ecotourism conference, Tony Charters, said ecotourism is still the largest single sector of Australia's tourism industry.

Dental Industry Consultant Launches Web 2.0 Site by Roadside Multimedia

Veteran industry consultant Dr. Brad Larsen now offers dental practitioners the opportunity to benefit from his 30 years of real practice experience and his Masters in Business Administration through a dynamic new website by Roadside Multimedia.

Industrial Alliance acquires GSM

Manulife Financial has reported a net loss attributed to shareholders of CAD2.4bn for the second qua ... Industrial Alliance Insurance and Financial Services and its Vancouver subsidiary Industrial Allianc ...

'Lazy' ecotourism industry cops a blast

Australia's ecotourism industry is paying the price for taking a lazy ride on the back of past glories, an industry figure says.

Health-services industry has brighter prospects in the local job market

The health-services industry is one of the few bright spots in a faltering job market. The Richmond area lost nearly 5,900 jobs in the 12 months that ended in June, according to Chmura Economics & Analytics.

Industrial agriculture puts big problems on our plates

Industry funds on guard

A conference of industry superannuation funds has been warned of the implications of a minority Coalition Government for the not-for-profit sector.

Industrial property yields to stay over eight per cent

Good buying opportunities exist in industrial property, with high quality assets to be found on an 8.25 per cent yield, according to Charter Hall Direct Property’s chief executive, Richard Stacker.

Want cheapskates to spend? Hawk gizmos that save (AP)

AP - How do you get penny pinchers to spend these days? Pitch products that promise to save them money.

Fury as 263 sacked factory workers told 'train your Polish replacements before you leave'

Twinings bosses announced they will be closing its North Shields factory with the loss of 263 jobs. All production will be transferred to Poland or China by September.

Skydiving industry says it's safe despite crash

The New Zealand skydiving industry says nobody should lose confidence in the industry after Saturday's plane crash at Fox Glacier that killed nine people

Focus of Gulf oil disaster shifts to finding the culprit (AFP)

AFP - With a key piece of evidence raised from the depths of the Gulf of Mexico and BP's Macondo well ruled a threat no longer, the focus shifts to what went wrong and who is to blame.

McCain Hits Democrats for 'Flailing Around' on Economy (CQPolitics.com)

CQPolitics.com - Leading voices in both parties sparred Sunday over the state of the economy and the role that Bush tax cuts should play in the recovery.

Sanofi ready to raise bid if Genzyme talks: report (Reuters)

Reuters - French drugmaker Sanofi-Aventis would be prepared to moderately raise its $69 per share offer for Genzyme if the U.S. biotech agreed to negotiate, Dow Jones reported, citing a person familiar with the matter.

Fireworks factory blows up in Gozo

A fireworks factory near Gharb in Gozo blew up at about 6.10 pm. today. Eyewitnesses said they saw a big mushroom-shaped cloud over the scene. Three explosions were heard over a wide area.

Industry proposes ‘infra czar’

The Philippine Chamber of Commerce and Industry (PCCI) is pushing for the appointment of an infrastructure czar from among the Cabinet members who will serve as point man on priority public-private partnerships, its president Francis Chua said.

BP hikes asset sale target after oil spill: report (AFP)

AFP - Oil giant BP has increased to nearly 25 billion pounds the amount it wants to raise from an asset sale programme in the wake of the Gulf of Mexico oil spill, the Sunday Times newspaper reported.

Industrial relations specialist Stephen Ben Carter passes on

FORMER Director of Industrial Relations in the Ministry of Labour and Social Security Stephen Benjamin Carter, has passed on. He died on Monday, August 30, 2010 after a brief illness.

As a Hurricane, Earl Looked Like 'Magnificent Chaos' From Space (SPACE.com)

SPACE.com - The former Hurricane Earl put on a striking weather display for astronauts on the International Space Station, impressing the crew with its strength even as it weakened to a tropical storm.

Venezuela OKs payment for French retailer Casino (Reuters)

Reuters - Venezuelan President Hugo Chavez has approved a $690 million payment to French retailer Casino and other owners of a supermarket chain nationalized earlier this year, state media said on Saturday.

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

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