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Family of BP boss under police protection: report
June 10, 2010
ChartPoppers
BP boss Tony Hayward and his family are under police protection after receiving threats and hate mail from campaigners over the worst oil spill in U.S. history, London’s Evening Standard newspaper reported. The report cited police sources in Kent, the English county where Hayward and his wife live, saying there was an “ongoing operation” to protect the BP chief executive, his wife and their two children. Kent Police were...
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June

10

2010
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Analysis: BP reminds investors that not all risk is macro
June 10, 2010
For investors firmly focused on macroeconomic risks from a possible default in the euro zone to China overheating or the U.S. recovery stalling, BP’s travails are a stark reminder that micro risks have a bite all their own. Many asset managers will have been caught off guard by the costs — both monetary and political — that have undermined BP since it started leaking crude into the Gulf of Mexico.
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June

10

2010
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BP Oil-Capture-Rate Increases as Pace of Spill Stays a Mystery
June 9, 2010
ChartPoppers
BP Plc said more oil is being recovered from its leaking Gulf of Mexico well with a cap device, as the commander of the U.S.’s spill-response team said it’s unknown how much crude continues to leak. A drillship above the leak recovered 7,541 barrels of oil in the 12 hours to midday yesterday, BP said on its website last night. Sustained over 24 hours, that would be 36 percent more than the 11,100 barrels the London-based company...
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June

9

2010
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G20 recipe for deflation, protectionism
June 9, 2010
ChartPoppers
It may be folly or it may be prudence, but the move to fiscal austerity and restraint will be deflationary, will be bad for risky asset prices and will raise further the threat of protectionism. The weekend’s meeting of the Group of 20 wealthy nations in Korea ended in a muddle of policies, with the final communique appearing to praise fiscal retrenching, expansionary policy, tighter regulation and slower implementation of that...
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June

9

2010
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Apple unveils iPhone 4 to fend off Google
June 8, 2010
ChartPoppers
Apple Inc unveiled a new iPhone on Monday that goes on sale in scores of countries this year, preparing its fastest-ever global roll-out to try and stay a step ahead of rivals like Google Inc in a red-hot smartphone market. CEO Steve Jobs showed off a redesigned $199 “iPhone 4″ that is a quarter slimmer than the current handset. The device boasts a higher quality screen and better battery life, video chat via Wi-Fi, and a...
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June

8

2010
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