Futures Fall on Inflation Worries; Data in Focus NEW YORK (Reuters) - Stock index futures fell on Thursday before U.S. data that could shed light on the impact of rising commodity prices and as concerns grew over Chinese inflation. Angela Moon, REUTERS US ONLINE REPORT BUSINESS NEWS - 8 minutes ago
Hasbro Profit Tumbles; Still Bullish on 2011 NEW YORK (Reuters) - Hasbro Inc’s <HAS.O> first-quarter profit fell almost 71 percent on higher costs and sluggish demand for games, puzzles and preschool toys in a seasonally weak period. Dhanya Skariachan, REUTERS US ONLINE REPORT BUSINESS NEWS - 14 minutes ago
Clinton Urges NATO to Maintain Unity Over Libya BERLIN (Reuters) - Secretary of State Hillary Clinton urged NATO on Thursday to maintain unity, saying Libyan leader Muammar Gaddafi was trying to test the alliance’s resolve in the Western-led air campaign against his forces. Matt Spetalnick, REUTERS US ONLINE REPORT WORLD NEWS - 20 minutes ago
Euro Zone Hit by Greek Restructuring Worry LISBON (Reuters) - Greece faced a new surge in its debt costs on Thursday after Germany said for the first time that Athens may need to restructure its debt, a move one central banker warned would be a “catastrophe.” Shrikesh Laxmidas, REUTERS US ONLINE REPORT BUSINESS NEWS - 33 minutes ago
Elite Detainees in Cairo Prison After Tables Turn CAIRO (Reuters) - Egypt’s former ruling elite is having a taste of what they meted out to their enemies. Shaimaa Fayed, REUTERS US ONLINE REPORT TOP NEWS - 34 minutes ago
Bahrain Seeks to Dissolve Main Opposition Group: Agency MANAMA (Reuters) - Bahrain is to seek court approval to dissolve the main Shi'ite opposition group Wefaq and a second opposition group, the state news agency said on Thursday. Reuters, REUTERS US ONLINE REPORT WORLD NEWS - 39 minutes ago
BRICS Demand Global Monetary Shake-Up, Greater Influence SANYA, China (Reuters) - The BRICS group of emerging-market powers kept up the pressure on Thursday for a revamped global monetary system that relies less on the dollar and for a louder voice in international financial institutions. Abhijit Neogy and Alexei Anishchuk, REUTERS US ONLINE REPORT BUSINESS NEWS - 40 minutes ago
Calls Grow for Japan PM to Quit in Wake of Quake TOKYO (Reuters) - Japan’s fragile post-disaster political truce unraveled on Thursday as the head of the main opposition party called on unpopular Prime Minister Naoto Kan to quit over his handling of the country’s natural calamities and a nuclear crisis. Linda Sieg and Mayumi Negishi, REUTERS US ONLINE REPORT WORLD NEWS - 41 minutes ago
Italy’s Berlusconi Says May Not Seek Re-Election ROME (Reuters) - Italian Prime Minister Silvio Berlusconi has said he may not stand for re-election in 2013 but could play a behind-the-scenes role as a kind of father figure to the center right. James Mackenzie, REUTERS US ONLINE REPORT WORLD NEWS - 44 minutes ago
Former BP Boss Browne on Glencore Shortlist: Source LONDON (Reuters) - Former BP <BP.L> chief executive John Browne is on the shortlist of candidates to become chairman of mining giant Glencore <GLEN.UL>, a source familiar with the matter said, confirming news reports. Reuters, REUTERS US ONLINE REPORT BUSINESS NEWS - 44 minutes ago
Militia Kill 17 Before Polls in Sudan State: SPLM KHARTOUM (Reuters) - Sudanese militia have killed 17 people in the oil-producing South Kordofan region just two weeks before long-delayed elections, a candidate for state governor said on Thursday. Opheera McDoom, REUTERS US ONLINE REPORT WORLD NEWS - 48 minutes ago
Futures Dip on China Inflation Worries; Data Eyed NEW YORK (Reuters) - Stock index futures fell on Thursday as investors awaited data to assess the impact of rising commodity prices amid growing concerns over Chinese inflation. Reuters, REUTERS US ONLINE REPORT BUSINESS NEWS - 48 minutes ago
Iran ‘Aiding’ Syria Crackdown on Protests Iran is aiding Syria in its suppression of pro-democracy demonstrators by providing equipment to put down protests and monitor opposition groups, the Wall Street Journal said Thursday, citing US officials.... By Staff Reporter, AFP GLOBAL EDITION - 49 minutes ago
Top Hotel Gets Dressing-Down Over Dress Code South Korea’s culture minister Thursday rapped a top hotel for turning away a restaurant guest wearing a traditional hanbok dress, after the incident sparked an Internet storm of protest.... By Staff Reporter, AFP GLOBAL EDITION - 49 minutes ago
Philippines Protests China’s Spratly Claim at UN The Philippines said Thursday it had lodged a formal protest at the United Nations over China’s claims to the Spratly islands and adjacent South China Sea waters.... By Staff Reporter, AFP GLOBAL EDITION - 49 minutes ago
N. Korea Says US Detainee Will Face Charges North Korea said Thursday it would charge an American detained last November with crimes against the nation, amid reports he was engaged in missionary work in the hardline communist state.... By Jung Ha-Won, AFP GLOBAL EDITION - 50 minutes ago
Roche Sales Dip, Hurt by Strong Swiss Franc Swiss pharmaceutical giant Roche said Thursday that its first-quarter sales fell nine percent compared with a year ago, hurt by a strong Swiss franc.... By Staff Reporter, AFP GLOBAL EDITION - 50 minutes ago
Rebels Warn NATO of Misrata “Massacre”; 23 Dead ALGIERS/BEIRUT (Reuters) - Libyan rebels said a rocket attack on a residential district of Misrata killed 23 civilians on Thursday and warned of an impending government “massacre” if NATO does not intensify its attacks there. Hamid Ould Ahmed and Mariam Karouny, REUTERS US ONLINE REPORT WORLD NEWS - 54 minutes ago
Condition of Egypt’s Mubarak Stable: Source SHARM EL-SHEIKH, Egypt (Reuters) - Former Egyptian President Hosni Mubarak’s health is stable but has not improved, and there are no plans for now to move him from the Red Sea resort of Sharm el-Sheikh, an army source said on Thursday. Reuters, REUTERS US ONLINE REPORT WORLD NEWS - 56 minutes ago
Clinton Urges NATO to Maintain Unity BERLIN (Reuters) - Secretary of State Hillary Clinton urged NATO on Thursday to maintain unity in the face of what she said was an attempt by Libyan leader Muammar Gaddafi to test its resolve in a Western air campaign against his forces. Reuters, REUTERS US ONLINE REPORT POLITICS NEWS - 58 minutes ago
Regulators Probe Whether Banks Colluded in Libor: Report (Reuters) - U.S. regulators are probing whether some major banks colluded to manipulate a global benchmark interest rate before and during the financial crisis, the Wall Street Journal reported, citing people familiar with the situation. Reuters, REUTERS US ONLINE REPORT BUSINESS NEWS - 58 minutes ago
China FX Reserves Soar Past $3 Trillion, Add to Inflation BEIJING (Reuters) - China’s foreign exchange reserves soared to a record of more than $3 trillion by end-March, while its money supply growth blew past forecasts, threatening to aggravate the nation’s inflation woes and trigger more policy tightening. Kevin Yao and Langi Chiang, REUTERS US ONLINE REPORT TOP NEWS - 59 minutes ago
G7 to Discuss Global Hot Spots; G20 Eyes Imbalances WASHINGTON (Reuters) - Uncomfortably high oil prices, unsustainable sovereign debt burdens and Japan’s uncertain future cloud the global economic outlook as world finance leaders gather on Thursday. Reuters, REUTERS US ONLINE REPORT TOP NEWS - 59 minutes ago
Special Report: In Cyberspy Vs. Cyberspy, China Has the Edge ATLANTA (Reuters) - As America and China grow more economically and financially intertwined, the two nations have also stepped up spying on each other. Today, most of that is done electronically, with computers rather than listening devices in chandeliers or human moles in tuxedos. Brian Grow and Mark Hosenball, REUTERS US ONLINE REPORT TOP NEWS - 63 minutes ago
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