Uploaded by FinancialNewsOnline
on Mar 30, 2012
This is what's in the news for Friday
March 30, 2012. The Wall Street Journal reports natural gas futures
fell 5.8% to a new 10 year low after the U.S. government reported a
larger-than-expected rise in natural gas inventories, as demand remained
weak as production increases. The Wall Street Journal also reports to
avoid a production shut down, Boeing (NYSE:BA) thinks new orders for its
C-17 military cargo plane may come from the Middle East or Asia.
Reuters reports although Deutsche Lufthansa (PINK:DLAKY) won't end its
investment in JetBlue Airways (NYSE:JBLU), the possibility remains that
it could do so in the future depending on the German airline's capital
needs. Finally, Bloomberg reports new rules in China have companies,
including AIG (NYSE:AIG) and Allianz SE (PINK:AZSEY), ready to take a
larger share of the $50B that the country'’s drivers spend annually on
car insurance.
