Financial News from Reuters

  • Vocal acrobatics of "La Donna del Lago" an "Olympic" challenge Reuters - 33 minutes ago

    By Josie Cox LONDON, May 18 (Reuters) - Even with one of the world's most athletic opera singers at her side and plenty of practice, American mezzo-soprano Joyce DiDonato reckons the latest London production ...

  • Google's wearable Glass gadget: cool or creepy? Reuters - 47 minutes ago
    Google's wearable Glass gadget: cool or creepy?

    Google staged four discussions expounding on the finer points of its "Glass" wearable computer during this week's developer conference. Missing from the agenda, however, was a session on etiquette ...

  • New Xbox more than a game console for Microsoft Reuters - 51 minutes ago
    New Xbox more than a game console for Microsoft

    Microsoft Corp is set to make a splash this week with the eagerly awaited unveiling of its new Xbox game console, eight years after the last version, as it seeks a larger share of the $65 billion a year ...

  • Native American actress proud to walk Cannes red carpet Reuters - 53 minutes ago

    * Native American actress says break new ground at Cannes * Misty Upham says starring at festival is a dream fulfilled * French director Desplechin's fourth film to compete By Belinda Goldsmith CANNES, ...

  • Rate cuts possible as Polish inflation set to stay low-central banker Reuters - 56 minutes ago

    RYTRO, Poland, May 18 (Reuters) - There is little chance that consumer inflation in Poland will quickly return to the central bank's 2.5 percent target, a Monetary Policy Council member said on Saturday, ...

  • Greece's Piraeus hire banks to advise on share issue-sources Reuters - 1 hour 19 minutes ago

    ATHENS, May 18 (Reuters) - Greece's second-largest lender Piraeus Bank has hired four international investment banks as advisers on its 7.33 billion euro ($9.4 billion) share issue, two bankers close to ...

  • Agonising family choice in Japanese film at Cannes festival Reuters - 1 hour 27 minutes ago

    * Babies switched at birth in quiet family drama * Kore-eda's film one of two Japanese entries in top category * Palme d'Or winner will be announced on May 26 By Alexandria Sage CANNES, May 18 (Reuters) ...

  • STOCKS-NEWS-MIDEAST-Dar al-Arkan jump helps raise Saudi index Reuters - 1 hour 58 minutes ago

    1256 GMT- The kingdom's benchmark all-share index closes up 1.14 percent to 7,229.02 points, buoyed by a 9.58 percent jump for real estate company Dar al-Arkan on Saturday. Shares in heavyweight SABIC ...

  • Shareholder wants Conwert structure revamp-paper Reuters - 2 hours 12 minutes ago

    VIENNA, May 18 (Reuters) - Conwert investor Hans Peter Haselsteiner plans to call a special shareholder meeting to change the Austrian property group's corporate structure so its supervisory board has ...

  • Germany's Merkel visits Pope, urges tougher market controls Reuters - 2 hours 16 minutes ago

    * Pope and Merkel spoke for unusually long 45 minutes * Merkel flew to Rome just to see pope * Francis recently issued strong call for financial reform By James Mackenzie VATICAN CITY, May 18 (Reuters) ...

  • Alpine in talks with FCC on financing: CEO Reuters - 2 hours 17 minutes ago

    Alpine, the Austrian unit of Spanish construction group FCC , will hold talks with its owners on how to meet its financing needs and has many options open, Chief Executive Arnold Schiefer said. He was ...

  • Workers on illegal strike at chrome mine in S.Africa-union Reuters - 4 hours ago

    By Agnieszka Flak JOHANNESBURG, May 18 (Reuters) - Operations at a chrome mine in South Africa owned by chemicals group LANXESS have been suspended since Thursday after workers started an illegal strike ...

  • STOCKS-NEWS-MIDEAST-Saudi heavyweights lead stocks rise Reuters - 6 hours ago

    0834 GMT-Saudi stocks rise in early trade on Saturday as the kingdom's benchmark all-share index gains 0.3 percent to 7,168.95 points, supported by shares of heavyweights Saudi Basic Industries Corporation ...

  • Wall Street Week Ahead: Correction talk gets old as rally sails along Reuters - 6 hours ago
    Wall Street Week Ahead: Correction talk gets old as rally sails along

    With the broad S&P 500 Index gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street's rally inevitably hitting a ceiling is starting to get old. Concerns ...

  • China April housing inflation quickens to two year high Reuters - 6 hours ago
    China April housing inflation quickens to two year high

    China's housing inflation accelerated to its fastest pace in April in two years, driven by a jump in prices in Beijing and Shanghai, complicating the task of policymakers trying to cool the property sector ...

  • Bulgarian truck drivers end blockade of traffic to Turkey Reuters - 7 hours ago

    SOFIA, May 18 (Reuters) - Bulgarian truck drivers lifted their traffic blockades at two major border checkpoints with Turkey late on Friday, saying a deal had been struck to end Turkish restrictions on ...

  • Exclusive: EU cites Chinese telecoms Huawei and ZTE for trade violations Reuters - 7 hours ago
    Exclusive: EU cites Chinese telecoms Huawei and ZTE for trade violations

    Europe's top trade official for the first time late on Friday officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp for violating anti-dumping and anti-subsidy guidelines. ...

  • Hopes fade for those still trapped in Freeport Indonesia mine Reuters - 7 hours ago

    JAKARTA, May 18 (Reuters) - Freeport McMoRan Copper & Gold Inc said on Saturday that rockfalls were hampering rescue efforts after a tunnel collapse four days ago at its giant Indonesian copper mine, with ...

  • Northeast Japan jolted by M5.9 quake, no tsunami warning Reuters - 8 hours ago

    TOKYO, May 18 (Reuters) - An earthquake with a preliminary magnitude of 5.9 jolted northeastern Japan on Saturday, but no tsunami warning was issued, the Japan Meteorological Agency said. Tokyo Electric ...

  • India Tata Tele (Maharashtra) share sale cancelled Reuters - 9 hours ago

    NEW DELHI, May 18 (Reuters) - India's Tata Sons Ltd, the promoter of Tata Teleservices (Maharashtra) Ltd, cancelled a share auction it had launched in the telecommunications carrier on Friday after most ...

  • Amid frenzy over map apps, new focus on 16th century world view Reuters - 9 hours ago

    * Renaissance cleric first wrote "America" on 1507 map * Resonance with current climate of "geo-enabled" devices * Google, Apple, Facebook looking at mapping apps By Deborah Zabarenko ...

  • China April housing inflation quickens Reuters - 11 hours ago

    * China April home prices +4.9 pct on year,+1.0 on month * New home prices rise in 67 of 70 cities vs 68 in March on month * Property tightening campaign still at critical stage-official (Adds details, ...

  • Indonesia offers 21 oil and gas blocks in tender Reuters - 12 hours ago

    (Corrects number of unconventional gas blocks offered, removes references to coalbed methane blocks.) JAKARTA, May 17 (Reuters) - Indonesia opened a rights tender for 21 oil and gas exploration blocks ...

  • 'Harry Potter' first edition annotated by author up for auction Reuters - 12 hours ago

    (Adds auction date in paragraph 5) May 17 (Reuters) - Ever wondered what went through author J.K. Rowling's mind when she wrote the first "Harry Potter" novel? Fans of books about the boy wizard ...

  • Obama seeks to cut Afghan war spending by 10 pct Reuters - 12 hours ago

    By Mark Felsenthal WASHINGTON, May 17 (Reuters) - President Barack Obama on Friday trimmed his funding request for the war in Afghanistan and other overseas operations by 10 percent, reflecting his plans ...

  • China April home prices rise 4.9 percent: Reuters calculation Reuters - 13 hours ago
    China April home prices rise 4.9 percent: Reuters calculation

    Average new home prices in China's 70 major cities rose 4.9 percent in April from a year earlier, according to Reuters calculations based on official data published on Saturday, marking the fourth straight ...

  • China April home prices rise 4.9 pct y/y-Reuters calculation Reuters - 13 hours ago

    BEIJING, May 18 (Reuters) - Average new home prices in China's 70 major cities rose 4.9 percent in April from a year earlier, according to Reuters calculations based on official data published on Saturday, ...

  • America's Cup team calls for changes to make regatta safer Reuters - 13 hours ago

    By Noel Randewich and Ronnie Cohen ALAMEDA, California, May 17 (Reuters) - The head of the Italian sailing team in the America's Cup called on Friday for lowering limits on wind speeds and other safety ...

  • Judge revives Dexia's mortgage lawsuit vs. JPMorgan Reuters - 13 hours ago
    Judge revives Dexia's mortgage lawsuit vs. JPMorgan

    A federal judge has revived a closely watched lawsuit accusing JPMorgan Chase & Co of misleading Belgian-French bank Dexia SA into buying more than $1.6 billion of troubled mortgage debt. Citing a recent ...

  • OSX scales back shipyard, taps $120 million put from Batista Reuters - 13 hours ago

    RIO DE JANEIRO, May 17 (Reuters) - OSX Brasil SA, the shipyard and ship leasing company controlled by Brazilian billionaire Eike Batista, will scale back the construction of its shipyard at Acu, a port ...

  • NYSE cancels irregular trades in Anadarko stock: Bloomberg Reuters - 13 hours ago

    The New York Stock Exchange canceled trades in Anadarko Petroleum Corp after a blip in trading cut the market value of the company by 99 percent, according to a report in Bloomberg. Trading in the shares ...

  • Investor group calls on SEC to review change in JPMorgan voting Reuters - 13 hours ago
    Investor group calls on SEC to review change in JPMorgan voting

    Pension and endowment managers on Friday called on U.S. regulators to review the rules for shareholder voting after a firm collecting ballots for JPMorgan Chase & Co cut off the bank's opponents from polling ...

  • Yahoo to vote on $1.1 billion Tumblr buy: AllThingsD Reuters - 13 hours ago

    SAN FRANCISCO (Reuters) - Yahoo Inc's board will meet on Sunday to vote on whether to offer $1.1 billion in cash for New York-based blogging service Tumblr, tech blog AllThingsD cited sources close to ...

  • UPDATE 2-Investor group calls on SEC to review change in JPMorgan voting Reuters - 13 hours ago

    (Changes "letter" to "call" in eighth paragraph) By David Henry NEW YORK, May 17 (Reuters) - Pension and endowment managers on Friday called on U.S. regulators to review the rules for ...

  • Yahoo to vote on $1.1 bln Tumblr buy -AllThingsD Reuters - 13 hours ago

    SAN FRANCISCO, May 17 (Reuters) - Yahoo Inc's board will meet on Sunday to vote on whether to offer $1.1 billion in cash for New York-based blogging service Tumblr, tech blog AllThingsD cited sources close ...