| | Dow, S&P 500 end down slightly on Cyprus | NEW YORK (Reuters) - The Dow and the S&P 500 ended slightly lower on Wednesday after early losses spurred by worries about the possible implications of Cyprus's bailout for other euro zone lenders. | | | | | Cyprus to reopen banks, impose capital controls | NICOSIA (Reuters) - Cyprus reopens its banks on Thursday while limiting withdrawals, banning cheques and curbing the use of Cypriot credit cards abroad, among measures imposed to avert a bank run after it agreed a tough rescue deal with international lenders. | | | | | | BRICS "Big Five" find it hard to run as a herd | DURBAN, South Africa (Reuters) - At a summit in South Africa on Wednesday, Vladimir Putin likened the BRICS nations - Brazil, Russia, India, China and South Africa - to Africa's "Big Five" game beasts of trophy hunting lore - the lion, elephant, buffalo, leopard and rhinoceros. | | | | | | Lean inventories hold back pending home sales | WASHINGTON (Reuters) - Contracts to buy previously owned U.S. homes fell in February, held back by a shortage of properties, but there is little to suggest that the housing market's recovery is stalling. | | | | | | Fed doves defend bond buys but another says cut back soon | CHICAGO/CLEVELAND (Reuters) - Three Federal Reserve doves on Wednesday stoutly defended the central bank's bond buying to spur U.S. growth, but one official normally viewed as a centrist suggested it would not take much more improvement in job creation to warrant scaling it back. | | | | | | EADS shareholders back sweeping ownership change | AMSTERDAM (Reuters) - Airbus parent EADS won backing for sweeping changes in its structure, claiming "emancipation" from political interference as shareholders tore up a Franco-German ownership pact in favor of greater management freedom. | | | | Argentina to offer holdouts mix of Par, Discount bonds: report | BUENOS AIRES (Reuters) - Argentina, battling to avert a fresh debt crisis, plans to offer suing "holdout" creditors a 25-year bond equal to the face value of their debt when the country defaulted in 2002, local financial daily Ambito Financiero reported on Wednesday. | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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