OPEC Sec Gen says oil price rally may persist (Reuters)

Reuters – OPEC Secretary-General Abdullah al-Badri said on Friday he saw oil prices at $70 to $75 a barrel by the end of the year, making him the latest official from the group to predict the current rally will persist.

FTSE 100 shares rise (AFP)

AFP – Shares in London ended the session on firm ground Friday hoping that the worst of the global economic crisis is over.

Stock Funds Swung To Inflow In April (Investor’s Business Daily)
Investor’s Business Daily – Investors poured $12.33 billion into stock funds in April, the biggest inflow and only the second month of positive flow since last May. And signs pointed to further inflow this month.

Commodity shares, Coca-Cola lift Wall Street (Reuters)

Reuters – Stocks rose on Friday, capping their third straight monthly advance, as rising commodity prices lifted shares of natural resource companies, while a sliding dollar boosted the allure of multinationals, including Coca-Cola Co .

Linedata Upgrades Longview Trading OMS
New security types are now supported, visualization and workflow tools have been added added for traders, reporting and compliance tools have been built in for auditors and compliance officers.

ExxonMobil investors reject calls for reform
In stark contrast to rebellions at competitors, shareholders voted against requiring the world’s biggest publicly listed oil company to review its executive compensation policies – an issue taking investors by storm in Europe

Union urges UK to offer support for factories
Britain’s biggest union urged the UK government to step up financial support for Opel/Vauxhall, warning that thousands of jobs in the UK were at stake

Belgium fears for Opel’s Antwerp plant
The Opel saga has become a hot political issue in Germany, which is facing elections in September, but the situation in Flanders, the Belgian region in which Opel’s Antwerp factory is based, is perhaps more stark

Dow Jones data focus shifts to web
Dow Jones, the newswire, is revamping its enterprise media division with a focus on web-based applications