Financial news on July 05, 2010

Business and Financial news
Airlines Fret as Emission Rules in Europe Are Set to Kick In

The European Union hopes to lower emissions from flying — and nudge airlines into adopting greener practices — by making carriers join its five-year-old Emission Trading System. Read more..

By JAMES KANTER - International Herald Tribune

A Political Clash Over Deficits Stalls Legislation to Address Jobs

Democrats hope voters will punish Republicans in the midterm elections for blocking extended unemployment benefits; Republicans believe the public is more concerned about deficits. Read more..

By SEWELL CHAN - The New York Times

Closing an Old Polluter May Not Ease Emissions

Guangzhou Steel is building a new mill to replace the one it is closing — and the new one will use scarcely less energy. Read more..

By KEITH BRADSHER - The New York Times

Google Looks to Emerging Markets for Android's Growth

Google plans to push its Android mobile software in India and China and is exploring ways for developers to make more money from applications. Read more..

By BLOOMBERG NEWS - International Herald Tribune

Indian Companies to Combine

Reliance Power will absorb Reliance Natural Resources, its sister company, in a share swap deal valued at $1.5 billion. Read more..

By REUTERS - International Herald Tribune

Nickelodeon Tries Again to Move to the Big Screen

Film projects born out of the children’s television empire are lined up like parade floats at Paramount Pictures. Read more..

By BROOKS BARNES - The New York Times

On Twitter, a Close-Knit Network

On average, it takes visiting just 3.32 friends of friends for users to find one of their own followers. Read more..

By TEDDY WAYNE - The New York Times

Retailers Devise Novel Ways to Revive Sales

Tired of waiting for spending to rebound, retailers are offering unconventional promotions to attract visitors. Read more..

By STEPHANIE CLIFFORD - The New York Times

Sony Remakes Its Music Company Act

As it reaches out for new revenue, Sony Music is broadening the definition of a record company, embracing businesses that sometimes have only a tenuous connection to music. Read more..

By ERIC PFANNER - The New York Times

Exchange Rates of July 05, 2010
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 87.750 JPY 1 JPY = 0.011 USD
US Dollar Canadian Dollar 1 USD = 1.063 CAD 1 CAD = 0.940 USD
US Dollar Swiss Franc 1 USD = 1.065 CHF 1 CHF = 0.939 USD
US Dollar Chinese Yuan 1 USD = 6.777 CNY 1 CNY = 0.148 USD
Euro Japanese Yen 1 EUR = 110.030 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.828 GBP 1 GBP = 1.207 EUR
Euro Australian Dollar 1 EUR = 1.493 AUD 1 AUD = 0.670 EUR
Euro Canadian Dollar 1 EUR = 1.333 CAD 1 CAD = 0.750 EUR
Euro Swiss Franc 1 EUR = 1.335 CHF 1 CHF = 0.749 EUR
Euro Chinese Yuan 1 EUR = 8.496 CNY 1 CNY = 0.118 EUR
Japanese Yen Pound Sterling 1 JPY = 0.753 GBP 1 GBP = 1.329 JPY
Japanese Yen Australian Dollar 1 JPY = 1.356 AUD 1 AUD = 0.737 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.211 CAD 1 CAD = 0.826 JPY
Japanese Yen Swiss Franc 1 JPY = 1.213 CHF 1 CHF = 0.824 JPY
Pound Sterling Australian Dollar 1 GBP = 1.802 AUD 1 AUD = 0.555 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.609 CAD 1 CAD = 0.621 GBP
Pound Sterling Swiss Franc 1 GBP = 1.611 CHF 1 CHF = 0.621 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.244 CNY 1 CNY = 0.098 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.893 CAD 1 CAD = 1.120 AUD
Australian Dollar Swiss Franc 1 AUD = 0.894 CHF 1 CHF = 1.119 AUD
Australian Dollar Chinese Yuan 1 AUD = 5.691 CNY 1 CNY = 0.176 AUD
Canadian Dollar Swiss Franc 1 CAD = 1.001 CHF 1 CHF = 0.999 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.368 CNY 1 CNY = 0.157 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.363 CNY 1 CNY = 0.157 CHF

See what else happened on July 05, 2010