Thomson Reuters launches high-speed global network »

Thomson Reuters launches high-speed global network

LONDON (Reuters) – Thomson Reuters Corp launched a global, high-speed network on Tuesday for financial firms to access real-time data as well as share information with each other directly.

Technology  |  Media

The company’s new network, called Elektron, includes hosting centers in New York, Chicago, London, Frankfurt, Tokyo and Singapore, with more to come in Hong Kong, India and [...]

TSX perks up on upbeat outlook, U.S. earnings (Reuters) »

TSX perks up on upbeat outlook, U.S. earnings 
    (Reuters)

TORONTO (Reuters) – Toronto's main stock index edged higher on Wednesday morning, with financials leading the gains on upbeat U.S. economic data and company earnings, but held in check by retreating fertilizer issues.
Stronger March retail sales in the United States and forecast-beating results from U.S. bank JPMorgan and tech heavyweight Intel helped boost [...]

Citi spinoff Primerica soars in NYSE debut (Reuters) »

Citi spinoff Primerica soars in NYSE debut 
    (Reuters)

NEW YORK (Reuters) – Shares of Citigroup Inc's (C.N) spinoff, Primerica Inc (PRI.N), leaped as much as 30 percent above their initial public offering price on Thursday, on optimism that the life insurer is poised to benefit from a rebounding economy.
The shares opened at $19.15 and rose as high as $19.94 on the [...]

Seoul shares slip but defense, tech issues advance (Reuters) »

Seoul shares slip but defense, tech issues advance 
    (Reuters)

SEOUL (Reuters) – Seoul shares slipped 0.1 percent on Monday, with the sinking of a South Koreannaval ship weighing on sentiment, but continued foreign buying and rises in key technology and auto blue chips lent the market support.
Analysts played down the impact of naval ship incident, as Seoul stocks posted minor losses and [...]

SEC says Daimler made $56 million in bribe payments (Reuters) »

SEC says Daimler made $56 million in bribe payments 
    (Reuters)

DAIGn.DE
) allegedly earned $1.9 billion in revenue and at least $91.4 million in illegal profits from transactions tainted by bribes, according to the U.S. Securities and Exchange Commission.
There were more than 200 transactions in which it made at least $56 million in improper payments to foreign officials, the SEC said in its own [...]

Euro up on Greece plan; Nikkei hits 18-month high (Reuters) »

Euro up on Greece plan; Nikkei hits 18-month high 
    (Reuters)

, lifting some pressure on the single currency.
, tempering market reaction.
The deal offers Athens loans and cash but only as a last resort and can only be disbursed with unanimous euro zone approval.
Major European markets (.FTEU3) were expected to open slightly lower, according to financial spreadbetters, with some dealers looking to take [...]

Wall Street flat on Korea nerves, Oracle hurts Nasdaq (Reuters) »

Wall Street flat on Korea nerves, Oracle hurts Nasdaq 
    (Reuters)

NEW YORK (Reuters) –
The Dow and S&P ended flat on Friday, giving back earlier gains after the sinking of a South
naval ship, while tech shares' weakness kept the
in slightly negative territory.
Stocks initially rose after European Union leaders said they had agreed on a standby aid package for Greece, and after better-than-expected March [...]

UAE stocks seen surging if Dubai government backs debt plan (Reuters) »

UAE stocks seen surging if Dubai government backs debt plan 
    (Reuters)

, with markets poised to rally if the deal includes guarantees, analysts said.
's index has been resurgent, gaining 12.8 percent in 12 trading days, as investors bet a restructuring deal would be more favorable to creditors than once thought, but it is down 15.2 percent since November 25, the day
said it would seek [...]

Corrected: Dow gains on Boeing strength, S&P dips (Reuters) »

Corrected: Dow gains on Boeing strength, S&P dips 
    (Reuters)

rose on Thursday on Boeing's strength, while the
slipped after a round of economic data and corporate results.
Earlier in the session, the Dow climbed as high as 10,773.88 — its highest in 17 months.
showed factory activity expanded more than expected in March, although
fell. Earlier, the government said consumer prices were flat in [...]

SEC says Lehman report will be helpful (Reuters) »

SEC says Lehman report will be helpful 
    (Reuters)

, a top regulator said on Wednesday.
, testifying at a congressional hearing, provided scant details on who and what the agency is probing.
But Schapiro said the report would be “helpful to us.”
and its auditor,
, after a report found the
used accounting gimmicks before it filed for bankruptcy in September 2008.
“It [...]

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