Yacef Is Unrepentant on `Battle of Algiers' Role in Popularizing Terrorism

(Bloomberg) -- Fifty years ago, when Saadi Yacef was
blowing up French men, women and children in the name of Algerian
independence, he never imagined Algerians would do the same to
each other some day.

Yacef's ultimately successful fight against colonial France
was immortalized in the 1965 film ``The Battle of Algiers.'' He
played a character based on himself in the movie, which has
become a celluloid primer for revolutionaries.


Read more at Bloomberg Exclusive News

Gold Falls in London After Dollar Rebounds Versus Euro; Silver Also Drops

(Bloomberg) -- Gold fell in London for the first
time in five days as the dollar's slide against the euro
stalled, reducing demand for the metal as an alternative
investment. Silver also declined.

Before today, gold increased for four straight days and the
dollar dropped against the euro over the same period. The dollar
today climbed 0.2 percent against the euro.


Read more at Bloomberg Commodities News

Oil Declines as Traders Conclude Gains to Nine-Month High Were Unjustified

(Bloomberg) -- Crude oil fell from near a nine-month
high in New York as some traders speculated recent gains that
followed unrest in Nigeria were unjustified.

Nigeria's two main oil unions said yesterday they planned to
join a general strike scheduled to start tomorrow. In addition,
Chevron Corp. and Eni SpA reported raids on facilities in the West
African nation, Africa's biggest oil producer.


Read more at Bloomberg Commodities News

Italy allows U.S. fund into bidding for Alitalia

(Reuters) - ROME, June 19 - Italy has allowed U.S. private equity firm MatlinPatterson to re-enter the auction for airline Alitalia after fears arose that one of the two final bidders may quit.



The firm was earlier in a consortium with fellow U.S. private equity firm TPG [TPG.UL], which pulled out of the auction last month citing difficulties with the conditions imposed.


Read more at Reuters.com Mergers News

FTSE ticks up; slower sales growth hits Tesco

(Reuters) - The UK's leading share index ticked higher on Tuesday as miners steamed ahead but Britain's largest retailer Tesco slid after announcing a slowdown in UK sales growth.

By 0743 GMT the FTSE 100 was up 8.1 points, or 0.12 percent, at 6,711.6.


Read more at Reuters Africa

TBS may have enough votes to pass poison pill

(Reuters) - By Edwina Gibbs



TOKYO, June 19 - Japanese TV station Tokyo Broadcasting System Inc. , which is fending off advances from Internet firm Rakuten Inc. , likely has enough votes to pass a proposed "poison pill" defence at its annual shareholders' meeting, media reports said on Tuesday.


Read more at Reuters.com Mergers News

RPT-UPDATE 2-Trichet: Hedge funds not irrationaly exuberant

(Reuters) - Asked whether the highly-indebted investment instruments
represented the same sort of "irrational exuberance" described
by then-Federal Reserve chief Alan Greenspan regarding the stock
market in the 1990s, Trichet said: "I would not repeat the words
of Alan."




Trichet said he supported a hands-off mechanism of
self-regulation for such funds, which would allow them to
determine benchmarks for the industry without the coercion of
regulators.


Read more at Reuters.com Government Filings News