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Wednesday, March 5, 2014

Before the Bell: Wall St set for flat open after ADP, eyes on Ukraine

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03/5/2014
 
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
Wall St set for flat open after ADP, eyes on Ukraine
NEW YORK (Reuters) - U.S. stocks were set for a flat open on Wednesday after two days of sharp swings as investors shrugged off a softer than expected reading on the labor market and ahead of two reports on the services sector.
U.S. private sector adds 139,000 jobs in February: ADP
NEW YORK (Reuters) - U.S. private employers added 139,000 jobs in February, shy of economists' expectations, and gains in the previous month were revised lower, a report by a payrolls processor showed on Wednesday.
Ukraine calm holds, euro dips in pre-ECB jockeying
LONDON (Reuters) - A semblance of calm returned to world markets on Wednesday after two days of intense volatility as the United States and Russia were set to hold talks on easing East-West tension in Ukraine.
London gold-fix banks accused of manipulation in U.S. lawsuit: report
LONDON (Reuters) - Barclays , Deutsche Bank and three other banks have been accused in a lawsuit of manipulating the London gold fix, a benchmark used throughout the $20 trillion market for the metal, Bloomberg reported.
In U.S. mergers, no one waits for this waiting period
WASHINGTON (Reuters) - Sometime soon, maybe in the next month or so, a federal judge is expected to decide whether the creation of the world's biggest passenger airline, as envisioned by two companies and the U.S. Justice Department, was really a good idea.
Japan may tax bitcoin deals, stop banks, brokerages from handling
TOKYO (Reuters) - Japan will this week set out rules on how to handle bitcoins, the first sign that the government is taking action on regulating the virtual currency after the collapse last week of Tokyo-based Mt. Gox, once the world's dominant bitcoin exchange.
StanChart CEO says no plans to raise capital, cut payouts
LONDON (Reuters) - Standard Chartered's boss said he had no plans to raise capital from shareholders or cut the dividend, saying his bank had strong capital "on any measure" despite a drop in profits and a challenging outlook.
Anxious investors may opt to hunker down at home
LONDON (Reuters) - Scared money seeking a safe haven may just head for home.
Qatar Airways to get three A380s in June, A350 on track
BERLIN (Reuters) - Qatar Airways will take delivery of its first three Airbus A380 aircraft in June and inaugurate its superjumbo services with a daily flight to London, Chief Executive Akbar Al Baker said on Wednesday.
China services activity ticks up in January: HSBC PMI
BEIJING (Reuters) - Activity in China's services industry ticked up in February from a 2-1/2-year low the previous month, a private survey showed on Wednesday, confirming other data showing a pick-up in services even as manufacturing activity slows.
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