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  • UPDATE 2-Two freight trains collide in Missouri 7 injured

    Sat May 25, 2013 10:45am EDT May 25 (Reuters) - Two freight trains collided at a rail intersection in Missouri on Saturday, triggering the collapse of a highway overpass when several rail cars derailed and struck a support pillar, a county sheriff's dispatcher said. Seven people were hurt, including five in cars on the two-lane overpass near southeastern Missouri town of Chaffee and the ...

  • Fed Concerns Contribute To Lackluster Session On Wall Street - U.S. Commentary

    There was a mixed performance on Wall Street on Friday. Shares suffered an early decline, as investors continued to express worries about the Federal Reserve. A recovery through the rest of the day allowed the Dow to edge into positive territory by the close. The Nasdaq and S&P 500 posted fractional losses.The Dow Jones Industrial Average gained 8.6 points, or 0.06 percent, to close at ...

  • As border tightens some U.S.-Mexico neighbors reach across the fence

    NACO, Mexico (Reuters) - Mexican activist Maria Elena Borquez takes up a paintbrush and daubs a bright splotch of color on the rusted steel fence separating the small Mexican town of Naco from a neighboring town in the United ...

  • What Detroit crisis Pension fund trustees hang out in Hawaii

    Detroit's emergency financial manager Kevyn Orr talks to members of the media outside the Detroit Newspapers building about the report he delivered to the State of Michigan about Detroit's finances, in Detroit, Michigan May 13, ...

  • Fitch Affirms Kahala Nui Bonds at BBB- Outlook Revised to Positive

    U.S. prime money market funds (MMFs) increased their exposure to eurozone banks in April. However, even at 15.1%, asset allocations to these institutions remain well below 2011 levels, according to Fitch ...

Movie Review

Rosetta [Blu-Ray]

The title character of Luc and Jean-Pierre Dardennes Rosetta is a young woman fighting on the margins of society, struggling against her unfairly appointed place in life with all of her might and getting nowhere. She is, in her own way, ferocious and relentless, but because the world is s ... ...

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  • Germanys Kion ready for IPO but not in a rush - report

    FRANKFURT | Sat May 25, 2013 8:12am EDT FRANKFURT May 25 (Reuters) - Kion Group, the world's second biggest maker of fork lift trucks, would be ready for an initial public offering but is not in a rush, German paper Frankfurter Allgemeine Zeitung reported, citing Kion's chief executive. Kion, together with its owners Goldman Sachs, buyout firm KKR and Shandong Heavy, is ...

  • France begins withdrawing from Mali

    France began the first stage of a withdrawal from Mali Saturday in what it says is a plan to pull out most of its troops and equipment by the end of the year. A convoy carrying unneeded equipment and vehicles left a French base outside the capital, Bamako, headed for Abidjan ...

  • NBAD Issues $465 Million Convertible Bonds

    WAM ABU DHABI, May 25th, 2013 (WAM) -- The National Bank of Abu Dhabi (NBAD) has issued US$465 million senior unsecured convertible bonds, convertible into ordinary shares of NBAD. The offering, due in 2018, was increased from an initial amount of US$350 million following strong demand from investors during the book-building process. It may be increased by a further amount of up to US$35 ...

  • US dollar rises on Taipei forex ends a days high of NT$30.030

    TAIPEI -- The U.S. dollar rose against the New Taiwan dollar Friday, gaining NT$0.005 to close at the day's high of NT$30.030 behind central bank intervention, dealers ...

  • New outlet for bonds education

    A new financial website, InvestinginbondsEurope.org, has been launched to offer retail investors free access to comprehensive, non-commercial and unbiased education, by the Securities Industry and Financial Markets Association (SIFMA). The site, which is the first of its kind, provides fixed income market information in English, German, French, Italian and Spanish in a pan-European ...

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