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Tuesday, March 26, 2013

Business Today: Stock futures edge up ahead of data

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03/26/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Stock futures edge up ahead of data
NEW YORK (Reuters) - Stock futures rose on Tuesday, ahead of a flurry of data that could lure investors and propel the S&P 500 to a record closing high.
Robust transportation demand buoys orders for durable goods
WASHINGTON (Reuters) - Demand for long-lasting manufactured goods surged in February, suggesting factory activity continued to expand at a moderate pace, even though a gauge of planned business spending slipped after surging the previous month.
Cyprus students hold protest rally as banks stay shut
NICOSIA (Reuters) - The chairman of Cyprus's biggest commercial bank offered his resignation and thousands of students protested in the capital as banks stayed shut to stop a run on deposits after the island agreed a painful bailout to avert bankruptcy.
UBS asks Singapore court to seal cases of two fired traders
SINGAPORE (Reuters) - UBS AG has filed an application to the Singapore High Court asking that two cases be sealed involving traders fired as part of the bank's investigation into reference rate manipulation.
Exclusive: Open software group files complaint against Microsoft to EU
MADRID (Reuters) - A Spanish association representing open-source software users has filed a complaint against Microsoft Corp to the European Commission, in a new challenge to the Windows developer following a hefty fine earlier this month.
Rosneft says to get $9.7 billion in loans from TNK-BP
MOSCOW (Reuters) - The board of Russia's top crude producer, Rosneft , has approved several five-year loans with total value of up to $9.7 billion from TNK-BP , the company it acquired last week, Rosneft said in regulatory filing on Tuesday.
Fed's Fisher: Economy starting to move, not accelerating
ABU DHABI (Reuters) - The economy is beginning to move forward slowly but not accelerate, a senior Federal Reserve official said on Tuesday.
Analysis: JetBlue looks to stand out in industry's middle seat
ATLANTA (Reuters) - JetBlue Airways Corp caught the airline industry's attention just over a decade ago with low fares and a customer-centric culture. Now, it is under pressure to show it can compete as larger rivals raise their game and smaller carriers tout their low-price advantage.
Deloitte in advanced talks to buy Roland Berger: paper
FRANKFURT (Reuters) - Deloitte is in advanced talks to buy Germany's Roland Berger Strategy Consultants, Frankfurter Allgemeine Zeitung said in its Tuesday edition without citing sources.
EU antitrust regulators expand CDS probe to ISDA
BRUSSELS (Reuters) - EU antitrust regulators expanded their nearly two-year long investigation into the credit default swaps market on Tuesday to include industry body International Swaps and Derivatives Association (ISDA).
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