Euro on a uptrend viz-a viz dollar

EuroThe euro currency inclined slightly on Monday, viz-a viz dollar. As Greece settled its bailout and the nation is now calming down its fiscal jeopardy, after getting the French assurance for necessary aid.

However the euro gains were limited, after the Greek Prime Minister George announced that the global meltdown might get a worse face if the Greek crisis worsens.

In the late trading hours, euro slightly went a high at $1.3629.

Till now the Greece effect eroded the euro value to 4.8 percent against the dollar in 2010 and 7.6 percent against the yen.

Amazon counterattacks Web Sales Tax

amazonAmazon. com Inc. seems to be getting annoyed after the imposed law for new sales-tax regulations on online retailers, in Colorado.

This weekend Amazon has sent an email to its members in its program, who were earning a fee for the links on Amazon Web site. In the mail, Amazon confirmed that it shall close its operations from March.

However Amazon's decision seems to be a little vague as the same doesn't give a clarity on the retaliation of Amazon to drop its network. Further, in the email, Amazon wrote to its affiliates that due to new law, the group has decided to curtail its advertising business in Colorado.

FBI Searching for AGL Executive

AGL-Resources-LogoAccording to the AGL chief official the FBI and U. S. Marshals have joined hand to make the investigations with New Orleans police, to search for missing AGL Resources Inc. executive Douglas Schantz.

John Somerhalder expressed in a Houston press conference that according to his full knowledge Schantz was a person believed to have no one who want to harm him. The Atlanta based group confirms the missing trail of Schantz since his business trip to New Orleans.

In a press conference, Peter Tumminello, executive vice president, made an announcement of a $25,000 reward for tracing Schantz, Tumminello.

H&R Block reporting Quarterly Profit Up 6.9%

HR-Block-LogoH&R Block group recorded its 3rd quarter earnings with an inclination of 6.9% after it faced the losses from discontinued operations in the previous year.

According to the group's President and Chief Executive Russ Smyth, they are a bit disappointed in this tax season with their early results, but the group is still loyal towards the commitment to improve its performance at the end of the tax, with an expectation to outperform the competitors irrespective of the external elements like unemployment rates.

Toyota raising eye on Auto Expert research

ToyotaAccording to sources, Toyota had issued a contradictable note to the research of an auto expert, Professor David Gilbert. According to the professor, there are some possible issues in the electronics of Toyota vehicles which had spurred the sudden acceleration. Professor Gilbert acknowledged the same in ABC news interview.

However in the protest against the statement made by Professor Gilbert, Toyota officials demonstrated on internet that the actual scene is pretty far from the statements affirmed by the professor.

Erasing of Poverty a "Pipedream"? The PM Thinks So

Manmohan-SinghRecently, Prime Minister Manmohan Singh had stressed that erasing of poverty from a nation which has almost 1.2 billion people will continue to remain a "pipedream" unless some definite measures are taken by the country to step up its growth rate.

Estimates have revealed that India's economy is expected to grow at least 7.2% over the ongoing financial year up-to March 31, but the same seems to be a little difficult considering the factor that the rate of poverty is at an all-time high as well.

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