Alphiniqia News Agency

Stocks leaning toward gains
U.S. stocks were set for a slightly higher open Wednesday as investors awaited the first major economic readings of the week.... more...

Stock futures signal higher open; Facet eyed
(Reuters) - Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 0.07 percent, Dow Jones futures up 0.09 percent and Nasdaq 100 futures up 0.25... more...

Insurers' Chile quake hit won't up prices
MUNICH/ZURICH (Reuters) - Last month's huge earthquake in Chile might cost the insurance industry up to $7 billion in damage claims, the world's top two reinsurers said, but it looks unlikely to raise... more...

Strong China trade data point to rise in yuan
BEIJING (Reuters) - Chinese exports and imports grew faster than expected in February, underlining the momentum behind the world's third-largest economy and reinforcing the case for a rise in the yuan... more...

Northern Rock shrinks losses, arrears rise
LONDON (Reuters) - State-owned Northern Rock shrank its losses in 2009, helped by a lower bad debt charge in the second half as house prices stabilized, but arrears rose and the lender warned loan imp... more...

Oil struggles for clear direction from $81.50
LONDON (Reuters) - Oil failed to find momentum in either direction for a clear move away from $81.50 on Wednesday as investors waited for data on U.S. stocks or OPEC's monthly report ahead of next wee... more...

Stocks set for mixed start
U.S. stocks futures were mixed early Wednesday, as investors awaited the first major economic readings of the week.... more...

Firing the $70 billion man
On November 19, 2009 Jeffrey Gundlach was named a finalist for Morningstar's award for bond fund manager of the decade. For Gundlach, the nomination recognized 10 years of stellar results, exceeding e... more...

Firing the $70 billion man: Full version
On November 19, 2009 Jeffrey Gundlach was named a finalist for Morningstar's award for bond fund manager of the decade. For Gundlach, the nomination recognized 10 years of stellar results, exceeding e... more...

Ford shares: Buy or sell?
Ford is back. The automaker recently reported its first annual profit in four years; sales are improving; and investors have pushed up its stock 550% in the past year.... more...

Green homes face a red light
Lots of people, especially those trying to battle high utility bills, believe in energy-efficient homebuilding.... more...

Euro hurt by European woes; China data boosts oil
HONG KONG (Reuters) - The euro and sterling were under pressure on Wednesday after renewed concerns about Europe's fiscal problems but oil, copper and the Australian dollar were supported by China's s... more...

AIG devises new formula for employee bonuses: report
(Reuters) - American International Group Inc has formulated a new "forced ranking" system to determine bonuses and rate employee performance, Wall Street Journal said, citing people familiar with the... more...

China's Geely secures financing to buy Volvo: report
STOCKHOLM (Reuters) - The parent of China's Geely Automobile has secured financing to buy Ford-owned Volvo cars for about 15 billion Swedish crowns ($2.10 billion), a Swedish business daily reported ... more...

Strong China trade data make case for firmer yuan
BEIJING (Reuters) - Chinese exports and imports grew faster than expected in February, underlining the momentum behind the world's third-largest economy and reinforcing the case for a rise in the yuan... more...

BofA ending overdraft fees on debit cards
NEW YORK/CHARLOTTE, North Carolina (Reuters) - Bank of America said on Tuesday it will no longer charge overdraft fees on debit card purchases as of this summer, a move that may cost millions in fee i... more...

Cisco leapfrogs rivals with faster router
NEW YORK (Reuters) - Cisco Systems Inc introduced its first major new routers in six years and said they can be configured to handle Internet traffic up to 12 times faster than rival products. ... more...

China plans new trade office as global disputes grow: sources
BEIJING/GENEVA (Reuters) - China is setting up a new agency to help streamline its trade negotiating bureaucracy as the world's third-largest economy faces a growing number of commercial disputes. ... more...

Swiss Re sees $4-$7 billion insurance losses from quake
ZURICH (Reuters) - Swiss Re said on Wednesday the insurance sector stood to lose $4-$7 billion from the earthquake in Chile, a sum unlikely to bring the long hoped-for increase in reinsurance prices.... more...

Economists trim 2011 U.S. growth forecast
WASHINGTON (Reuters) - U.S. economists raised their forecast for economic growth in 2010 in March, the third straight monthly rise, while trimming their growth forecast for 2011, according to a survey... more...