Kenyan shilling firms slightly vs dlr in quiet trade

(Reuters) - The Kenya shilling was slightly stronger against the U.S. dollar in quiet trade on Monday due to lack of dollar demand, dealers said.

At 0930 GMT the shilling traded at 66.65/75 to the greenback compared with Friday's close of 66.75/85.


Read more at Reuters Africa

European Stocks Fall on Terrorism; Air France, Thomas Cook Pace Retreat

(Bloomberg) -- European stocks declined for the first
time in three days, paced by airlines, tour companies and
insurers after attempted terrorist attacks in the U.K.

Air France-KLM Group and British Airways Plc dragged the Dow
Jones Europe Stoxx Travel & Leisure Index to the lowest in more
than three months. Thomas Cook Group Plc, the travel operator
created last month by a merger, fell after Credit Suisse Group
recommended the shares as ``underperform'' in new coverage. Royal &
Sun Alliance Insurance Group Plc led British insurers lower.


Read more at Bloomberg Stocks News

Richards Bay, South Africa's Top Coal Export Port, Closed to Most Traffic

(Bloomberg) -- South Africa's Richards Bay Port, the
site of the world's biggest coal-export terminal, was closed at
8 a.m. yesterday, said Ashwani Pathak, the port's acting
harbormaster.

While the port was partially reopened at 6 a.m. today, it
is still closed to most traffic, he said in an interview from
the port on South Africa's northeast coast.


Read more at Bloomberg Energy News

Swiss Yogurt From U.S. Cows Spurs Fight to Save Cachet of National Brand

(Bloomberg) -- Thomas Minder's family-owned company
has marketed mouthwash using the white cross and red background
of Switzerland's flag for three generations, relying on the
country's reputation for quality, purity and reliability.

``Swissness in marketing consumer goods is absolutely
essential,'' says Minder, chief executive officer of Neuhausen,
Switzerland-based Trybol AG. ``It's worth more than Coca-Cola.''


Read more at Bloomberg Exclusive News

Oil steadies at $71, thin US fuel stocks support

(Reuters) - London Brent crude traded 3 cents higher at $71.44 a barrel by 0718 GMT, after gaining 89 cents on Friday. U.S. light crude eased 4 cents to $70.64, after a $1.11 rally on Friday to the highest settlement since August 2006.




Oil traders worried about geopolitical supply risks saw London's Heathrow airport and New York's JFK terminal reopened on Sunday after bomb scares, following an explosion at a Scottish airport on Saturday and failed car bombing attempts in London.


Read more at Reuters.com Hot Stocks News

BCE takeover battle may not be over yet: report

(Reuters) - One of the losing BCE suitors, U.S. buyout firm Cerberus Capital Management LP, has not given up its pursuit of BCE, the newspaper reported, citing a source close to Cerberus.




"It's not over until we say it's over," it quoted the source as saying.


Read more at Reuters.com Business News

Rogers Says He's Sold `Over-Exploited' Emerging Markets, Apart From China

(Bloomberg) -- Emerging markets are a sell with the
exception of China, said Jim Rogers, the chairman of New York-
based Beeland Interests Inc.

``I've sold out of nearly all the emerging markets,''
Rogers said in an interview in Singapore today. ``Right now,
there are probably 10,000 young MBAs on airplanes flying around
from one emerging market to another, they're all over-exploited,
so I've sold out.''


Read more at Bloomberg Emerging Markets News