UNITED STATES

Citigroup profit $4.4 billion, tops Street view

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Citigroup Inc posted a $4.43 billion first-quarter profit, its best result in more than two years, as the global economic recovery lifted the values of its worst assets and allowed the bank to set aside less money to cover credit losses.
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Economic blow to airlines could surpass Sept. 11: EU

The volcanic ash cloud that has grounded many flights could deal a bigger economic blow to the airline industry than the attacks on the United States on September 11, 2001, the EU's transport commissioner said Monday.
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In Asia, Goldman clients stay loyal for now

For now, clients of Goldman Sachs are standing behind the bank after the top U.S. securities regulator slapped charges against the Wall Street powerhouse over its marketing of a subprime mortgage product.
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EUR/USD - will it further fall ??

Good morning dear traders,welcome in a new trading week. How was your weekend? Did you celebrate your profits of last week, or ...? I was satisfied with my last week´s trading results. Friday´s trading day was great.
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Asian stocks, commodities slip as profit takers pile in

Asian stocks suffered their biggest loss in 10 weeks on Monday after U.S. regulators filed fraud charges against Goldman Sachs and China clamped down harder on property speculation, giving investors an excuse to take profits after markets had rallied to multi-month highs.
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Toyota expected to pay $16.4 million U.S. fine: source

Toyota Motor Corp has agreed to pay a record $16.4 million fine to U.S. safety regulators in response to the government's claim that it knowingly delayed a massive accelerator pedal recall in January, a government official said.
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Goldman clients stay loyal to the bank, for now

Clients of Goldman Sachs are standing behind the bank after the top U.S. securities regulator slapped fraud charges against the Wall Street powerhouse over its marketing of a subprime mortgage product.
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Stocks, commodities slip as profit taking sets in

Asian stocks and commodities fell on Monday as fraud charges against Goldman Sachs, disappointing company earnings and a surprise drop in U.S. consumer sentiment gave investors an excuse to take profits from a recent rally to multi-month highs.
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Europe hopes half of flights will operate Monday

European officials said they hoped half of flights would operate across the continent on Monday as they sought to ease four days of airline paralysis caused by a sprawling ash cloud from an Icelandic volcano.

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