A surge in global food prices has prompted fresh criticism of ...
Apr 11th, 2011
(AFP/Getty Images/File) - A surge in global food prices has prompted fresh criticism of US subsidies for ethanol, which diverts massive amounts of corn from global food supplies for energy.(AFP/Getty Images/File/Scott Olson) -
By Leah Schnurr NEW YORK (Reuters) - U.S. stocks fell on Thursday, with the downturn accelerating late in the day after a Federal Reserve official said the central bank could begin easing up on its monetary stimulus this summer. The three major U.S. stock indexes had earlier traded in a tight range, supported by a gain of more than 12 percent in Ci... [Full Article]
By Herbert Lash NEW YORK (Reuters) - The dollar soared on Friday against a basket of currencies, reaching a nearly three-year peak, and global equity indexes gained as speculation mounted over whether the Federal Reserve would soon begin to rein in its asset-buying program. Wall Street advanced, with the benchmark S&P 500 rebounding from its wo... [Full Article]
By Chikako Mogi TOKYO (Reuters) - Asian shares eased on Monday with sentiment hit by selling in commodities triggered by a strong dollar, which rose to a fresh 4-1/2-year peak against the yen on the back of growing confidence in the U.S. economy. Losses in shares were likely to be limited after U.S. stocks rallied to record highs on Friday. U.S. la... [Full Article]
By William James LONDON (Reuters) - The British government is still considering banning company branding on cigarette packets even though it omitted the plan from its legislative agenda laid out in Parliament on Wednesday, an official spokesman said. Britain had looked set to become the first European country to force cigarette makers to use plain ... [Full Article]