European shares, euro gain as Greek fears ease

LONDON - European stocks rose for a third straight session on Monday and the euro bounced back from two-year lows, as Greek polls showing growing support for pro-bailout parties eased speculation about a disorderly exit by Athens from the single currency.

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Use social media in your job search

BOSTON - The widespread use of social media - including more playful sites like Facebook and Twitter, as well as the business-focused LinkedIn - is becoming a powerful force in many job searches, says Harvard Business Review.

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China denounces EU airline carbon law, seeks talks

BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.

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KNOC will not raise Dana takeover bid: report

LONDON | Wed Sep 8, 2010 10:59pm EDT

LONDON (Reuters) - Korean National Oil Corporation (KNOC) KOILC.UL plans to announce it will not raise its 1.67 billion pound ($2.57 billion) hostile takeover bid for Dana Petroleum DNX.L, the Times reported on Thursday.

Without citing sources for its information, the newspaper said KNOC plans to release a statement by the end of this week ruling out the possibility of increasing its offer in return for board recommendation.

A formal announcement is expected as early as Thursday.

Dana on Wednesday rejected KNOC's bid, citing independent experts it hired to value the company which found it was worth considerably more.

(Reporting by Karolina Tagaris; Editing by Valerie Lee)
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