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Credit Suisse replaces Morgan Stanley as No. 2 Asia prime broker

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HONG KONG (Reuters) - The Asian prime brokerage unit of Credit Suisse has replaced Morgan Stanley as the second largest firm servicing the region's $148 billion hedge funds industry, a survey showed.Created 6 minutes ago
Dollar firms as Fed suspense builds, shares off highs

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LONDON (Reuters) - The dollar edged higher, gold steadied and European shares remained near five-year highs on Tuesday as investors wait to see if the U.S. Federal Reserve will give any signal on the future of its stimulus program.Created 21 minutes ago
Russia says two rebels killed in North Caucasus



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MOSCOW (Reuters) - Russian security forces killed two suspected militants in the North Caucasus during a night-time sweep in the region plagued by an Islamist insurgency, investigators said on Tuesday.Created 37 minutes ago
In Ukraine, no way to avoid a bumpy ride



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KIEV (Reuters) - As the snow and ice began to melt in Ukraine this spring, exposing fresh cracks and potholes in the roads, hundreds of motorists gathered outside a government building carrying unusual burdens.Created about an hour ago
Many children among 91 feared dead in tornado-hit Oklahoma

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MOORE, Oklahoma (Reuters) - At least 91 people, including 20 children, were feared killed when a 2 mile wide tornado tore through an Oklahoma City suburb, trapping victims beneath the rubble as one elementary school took a direct hit and another was destroyed.Created about an hour ago
Intercell vaccine gets U.S. pediatric approval



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VIENNA (Reuters) - Austria's Intercell said on Tuesday it has won U.S. regulatory approval for pediatric use of its Ixiaro vaccine to protect against Japanese Encephalitis (JE), a step it had achieved in Europe in February.Created about an hour ago
Vodafone posts biggest fall in service revenue

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LONDON (Reuters) - Vodafone posted its largest ever quarterly fall in key organic service revenue on Tuesday, prompting it to keep hold of a 2.1 billion pound dividend from its U.S. arm rather than return it to shareholders.Created about an hour ago
Arizona's Corbin improves to 7-0 with win over Colorado



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(Reuters) - Arizona's Patrick Corbin delivered a dominant nine innings to lead the Diamondbacks to a 5-1 win over Colorado and improve his unbeaten start to 7-0 on Monday.Created 1 hour ago
Israel fires back at Syria after gunshots at its troops

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JERUSALEM (Reuters) - Israeli troops shot at a target across the Syrian frontier on Tuesday in response to gunfire that struck its forces in the Golan Heights, the Israeli military said.Created 2 hours ago
IRS officials back on Capitol Hill hot seat over targeting

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WASHINGTON (Reuters) - A Senate panel will try on Tuesday to pry more details out of current and former officials of the Internal Revenue Service about the agency's targeting of conservative groups for extra scrutiny when they sought tax-exempt status.Created 3 hours ago
Analysis: Some Republicans see new scandal in Sebelius fundraising



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WASHINGTON (Reuters) - With the White House already reeling from three major controversies, some Republican lawmakers are zeroing in on what they perceive is another possible scandal tied to President Barack Obama's landmark health reform law just as it nears implementation.Created 3 hours ago
Dollar firms as suspense builds, Asia shares dip

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SINGAPORE (Reuters) - "Will he or won't he?" is the question investors want answered at Wednesday's Congressional testimony by Federal Reserve Chairman Ben Bernanke, as suspense builds on whether the Fed will soon start tapering its bond-buying stimulus scheme - as hinted at by a Fed regional president last week.Created 3 hours ago
U.S. asks judge to deny S&P's motion to dismiss fraud lawsuit



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(Reuters) - The Justice Department on Monday asked a federal judge to deny Standard & Poor's motion to dismiss a government lawsuit against the ratings agency, saying its statements on certain financial products were fraudulent and not mere "puffery".Created 3 hours ago
Monster tornado kills at least 51 in Oklahoma town

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MOORE, Oklahoma (Reuters) - A 2-mile-wide (3-km-wide) tornado tore through the Oklahoma City suburb of Moore on Monday, killing at least 51 people while destroying entire tracts of homes, piling cars atop one another, and trapping two dozen school children beneath rubble.Created 3 hours ago
JPMorgan investors on edge over vote on Dimon; what if they win?



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TAMPA, Florida (Reuters) - As final ballots come in on a proposal to strip JPMorgan Chase & Co Chairman and Chief Executive Jamie Dimon of his chairman title, some worry about what will happen if shareholders win what will likely be a close vote.Created 3 hours ago
Amazon wins key cloud security clearance from government

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SAN FRANCISCO (Reuters) - Amazon.com Inc has been given a security clearance by the U.S. government that will make it easier for federal agencies to use its cloud computing services.Created 3 hours ago
Erupting Alaska volcano spews ash, disrupts air travel

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ANCHORAGE, Alaska (Reuters) - One of Alaska's most active volcanoes, which has been belching ash and spewing lava since last week, has forced regional flight cancellations and dusted some nearby communities with ash, scientists and local officials said on Monday.Created 4 hours ago
IT firm iGate sacks CEO after sexual harassment probe



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MUMBAI (Reuters) - Outsourcing company iGate Corp said it had sacked its Chief Executive Phaneesh Murthy for not disclosing a relationship with a subordinate after investigating one of India's best-known IT executives for sexual harassment.Created 4 hours ago
Guatemala's top court annuls Rios Montt genocide conviction

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GUATEMALA CITY (Reuters) - Guatemala's highest court on Monday overturned a genocide conviction against former dictator Efrain Rios Montt and reset his trial back to when a dispute broke out a month ago over who should hear the case.Created 4 hours ago
Red Wings down Blackhawks to take 2-1 series lead

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(Reuters) - The Detroit Red Wings seized control of their Western Conference semi-final series with a 3-1 win over the Chicago Blackhawks in Game Three on Monday.Created 4 hours ago
