Hercules to evacuate workers from Nigeria

(Reuters) - Drilling company Hercules Offshore Inc. said on Monday it would evacuate all nonessential expatriate workers from Nigeria and temporarily stop operating liftboats for Chevron Nigeria Ltd. due to unrest in the country.

The company said it had developed a security plan with Chevron that called for Hercules to evacuate some staff and move 10 liftboats to a more protected part of Nigeria and stop operating them.


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Anglo buys stake in Brazilian iron ore project

(Reuters) - The agreement was with with MMX Mineracao Metalicos S.A.




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Japanese Government Bonds Fall Before GDP Report, Speech by BOJ's Fukui

(Bloomberg) -- Japan's government bonds dropped before a government report in two days that may show the world's second-largest economy is outpacing U.S. growth.

Ten-year yields rose to match a three-week high before Bank of Japan Governor Toshihiko Fukui speaks at a press conference on May 17, the same day the government announces its first quarter economic growth. Bonds declined last week after Fukui said interest rates remain ``very low'' given the strength of the economy.


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UPDATE 1-D.Post Q1 profit at top end of forecasts

(Reuters) - Earnings before interest and tax were 998 million euros , Deutsche Post said in a statement on Tuesday. Sales rose 4.4 percent to 15.5 billion euros.

The average forecast in a Reuters poll of 14 analysts was for EBIT of 917 million euros, with estimates ranging from 824 million to 1.01 billion.


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Murdoch May Win Over Bancrofts With Hands-Off Vow on Wall Street Journal

(Bloomberg) -- Rupert Murdoch's pledge to protect the independence of the Wall Street Journal may help convince the least-reluctant members of the family that controls Dow Jones & Co. to support his $5 billion bid.

In a letter sent May 11 and disclosed yesterday, Murdoch promised the Bancroft family an autonomous editorial board for the Wall Street Journal. He also offered the family a seat on board of New York-based News Corp., the media company he runs.


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Simmers says gold mine strike ends

(Reuters) - South Africa's Simmer & Jack Mines Ltd has reached an agreement with gold miners to end a four-day strike at its Buffelsfontein mine, the company said on Monday.

The firm said it reached an agreement on pay with the National Union of Mineworkers on Saturday and that workers reported for the evening shift on Sunday.


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Miners drag FTSE into the red, data looms

(Reuters) - Britain's index of 100 leading shares fell 0.3 percent on Monday, dragged down by miners and as investors braced for inflation data only days after the Bank of England suggested further tightening could be in store.

Miners accounted for 60 percent of the index's decline, with Lonmin topping the index's losers, down 3.4 percent after a UBS downgrade.


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