Novelis Seeks U.S. Can-Market Lead as Alcoa Retreats (Update2) June 3 (Bloomberg) — Novelis Inc., the U.S.-based aluminum unit of India’s Hindalco Industries Ltd. , said it will become the largest North American maker of metal for beverage cans this year as Alcoa Inc. Read more on Bloomberg

Wendy Dobson: Why the U.S. will have to learn to co-operate as an equal The rise of Asia’s economic powerhouses is well under way, Dobson writes in her award-nominated book Read more on The Globe and Mail

U.S. Deputy Commerce Secretary Honors Prodigy for Exports Growth U.S. Deputy Commerce Secretary Ro Khanna honored Prodigy Diabetes Care, LLC with its Export Achievement Certificate today during a stop in Charlotte aimed at touting President Obama’s national export initiative. Read more on PR Newswire via Yahoo! Finance

Data from Manufacturing, Housing, Inflation, and FOMC Minutes Dominate U.S. Markets Data from Manufacturing, Housing, Inflation, and FOMC Minutes Dominate U.S. Markets Read more on MENAFN

Britain Vows ‘Solid, Not Slavish’ Ties with U.S. New Coalition Government Seeks Break with “Lapdog” Image of Tony Blair, but Still Considers Washington Hugely Important Read more on CBS News

The U.S. Trade Gap Won’t Go Away
After shrinking in the recession, it’s back up, with imports outpacing exports—and it “doesn’t seem to be a problem that’s self-correcting”

Read more on BusinessWeek

U.S. warns of possible ‘imminent’ attacks in Delhi
The U.S. embassy in India warned Saturday of possible “imminent” militant attacks in New Delhi as it heightened the threat security awareness level for its citizens in the capital.

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U.S. stocks end higher, led by home builders
U.S. stocks turn higher as upbeat housing data lead to a rally in the shares of home builders and with technology rebounding from earlier weakness ahead of results from online retailer Amazon.com Inc. and software giant Microsoft Corp.

Read more on MarketWatch via Yahoo! Finance

UAL pilots oppose U.S. Airways merger 
United Airlines’ pilots union lashed out against efforts to merge the airline with US Airways Group , underscoring the challenges facing decade-old attempts to unite the carriers.

Read more on Reuters via Yahoo! UK & Ireland News

TSX up following positive U.S. economic data
The Toronto Stock Exchange joined other stock markets in making gains Monday as investors reacted to U.S. employment data that came out on Good Friday as markets were closed, and more good news came forth Monday.

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