Source Match Cities News
Stock futures flat as market drifts near record high
By Rodrigo Campos NEW YORK (Reuters) - Stock index futures were
little changed on Tuesday after the S&P 500 hit yet another
intraday record in the previous session, with markets expected to
drift sideways ahead of Congressional testimony from Fed chairman
Ben Bernanke on Wednesday. The U.S. economic calendar is thin and
the market will continue to be vulnerable after the S&P and Dow
industrials hit record highs on Monday. However, the expectation of
continuing accommodative monetary policy from the Federal Reserve
should continue to lend support to equities. ...
Dollar firms before Bernanke, inflation dip hits sterling
By Marc Jones LONDON (Reuters) - The dollar firmed, gold fell
and shares slipped off five-year highs on Tuesday as investors
postioned for an update on the future of the U.S. Federal Reserve's
stimulus programme. A slowdown in British inflation sent sterling
to a 7-week low on the view it could give the Bank of England more
leeway to support the UK economy, and the yen lost ground after a
Japanese minister rowed back on remarks suggesting the currency had
weakened enough. ...
German central bank: Economy to improve 'markedly'
Oklahoma City tornado: Get the latest developments in this disaster
Oil price down to near $96 as traders wait for Fed
Ireland says not to blame for Apple's low tax rate
Crews dig through night after deadly Okla. twister
MOORE, Okla. (AP) — Search and rescue crews worked through the
night after a monstrous tornado barreled through the Oklahoma City
suburbs, demolishing an elementary school and reducing homes to
piles of splintered wood. At least 51 people were killed, including
at least 20 children, and those numbers were expected to climb,
officials said Tuesday.
Tanzania growth to average 7 pct over 2013-2015: World Bank
By Fumbuka Ng'wanakilala DAR ES SALAAM (Reuters) - Tanzania's
economy is expected to expand at a slightly faster pace over the
next two years after growing 6.9 percent in 2012, the World Bank
said on Tuesday. It said it expected inflation in east Africa's
second largest economy to average 5-7 percent during the same
period. "Tanzania's economy is expected to grow at an average of 7
percent in the 2013/14 and 2014/15 fiscal years," the World Bank's
lead economist in Tanzania, Jacques Morisset, told reporters in Dar
es Salaam. ...
Remains found in woods could be missing Maine teen
Caroline Kennedy's jury acquits NYC drug dealer
Frenetic search for survivors as 91 feared dead in tornado-hit Oklahoma
By Alice Mannette Ian Simpson MOORE, Oklahoma (Reuters) -
Pre-dawn emergency workers searched feverishly for survivors in the
rubble of homes, primary schools and an hospital in an Oklahoma
City suburb ravaged by a massive Monday afternoon tornado feared to
have killed up to 91 people and injured well over 200 residents.
The 2-mile(3-km) wide tornado tore through town of Moore outside
Oklahoma City, trapping victims beneath the rubble as one
elementary school took a direct hit and another was destroyed.
...
Obama to make statement on Oklahoma disaster: White House
Witnesses describe deadly Oklahoma tornado: ‘All you could hear were screams’
More tornadoes in forecast for central US Tuesday
Convicted U.S. killer Arias would join tiny death row group
President Obama to speak on Oklahoma disaster
How the French economy compares to Germany's, UK's
Disabled NY newlyweds offered apartment
Montana man dies in Yosemite climbing accident
Oil price falls toward $96 per barrel
Average credit card debt, late payments fall in 1Q
Amid fears about debt, one family goes to the extreme to avoid student loans
Mercedes S.Africa strike ends, union demands sector pay hike
By Wendell Roelf CAPE TOWN (Reuters) - A two-day wildcat strike
at a Mercedes Benz plant in South Africa ended on Tuesday but
industrial union NUMSA demanded a hefty pay hike for the sector,
raising the prospect of labour unrest in factories alongside
turmoil in the mines. The German luxury car maker said Friday's
unscheduled walkout had nothing to do with wage demands but the
stoppage served as further evidence of the fragility of labour
relations in Africa's biggest economy, hitting the rand. The
currency tumbled for its ninth straight session, breaching the 9.
...
Policy, discretion guide media sources probes
WASHINGTON (AP) — It was a rare moment in relations between the
media and the government: In 2008, FBI Director Robert Mueller
called the top editors at The New York Times and The Washington
Post to apologize because the bureau had improperly obtained
reporters' telephone records four years earlier.
Release set for police photos from Tucson rampage
S.Africa central bank sentiment indicator down 1.1 pct in March
Kenya's CFC Stanbic's pretax profit soars in first quarter
NAIROBI (Reuters) - Kenya's CFC Stanbic Bank posted a 79.5
percent jump in pretax profit for the first quarter from a year ago
to 1.46 billion shillings. Banks in east Africa's biggest economy
have reported higher earnings for the first three months of this
year, buoyed by the growth of lending on the back of a robust
economy in the region. CFC Stanbic, which is controlled by South
Africa's Standard Group, said on Tuesday its net interest income
increased to 1.75 billion shillings as interest paid on deposits
tumbled after policymakers cut lending rates. Earnings per share
rose to 5. ...
WikiLeaks hearing focuses on classified evidence