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Tuesday, March 8, 2011

Before the Bell: Futures rise as oil eases on production hike talk

Reuters
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03/8/2011
News Good Morning Pan
LATEST NEWS
Futures rise as oil eases on production hike talk
NEW YORK (Reuters) - Stock index futures rose on Tuesday as oil prices pulled back on prospects of an OPEC production hike after recent turmoil in the Middle East and North Africa caused a spike in prices. | Full Article
Rajaratnam faces jury in Galleon insider trading case
March 08, 2011 05:14 AM ET
NEW YORK (Reuters) - The criminal trial of Galleon hedge fund founder Raj Rajaratnam begins on Tuesday with jury selection in a case at the heart of the biggest insider trading investigation in a generation. | Full Article
OPEC mulls boosting output, Iran sees no need
March 08, 2011 07:38 AM ET
KUWAIT/DUBAI (Reuters) - OPEC oil producers are consulting about a supply boost but many in the group remain skeptical, saying high prices are due to fears of shortage and world supply is comfortable despite the loss of Libyan crude. | Full Article
WikiLeaks: EADS execs briefed U.S. on internal feud
March 08, 2011 06:19 AM ET
PARIS (Reuters) - A litany of back-stabbing at Europe's top aerospace group is exposed in leaked U.S. cables, which show American diplomats avidly collecting details on the cracks in U.S. planemaker Boeing's main rival. | Full Article
Boeing wins $10 billion deal from Chinese airlines
March 08, 2011 06:39 AM ET
HONG KONG (Reuters) - Boeing Co sealed deals worth $10 billion with two airlines in China, the world's fastest growing market that is likely to buy more than 2,000 aircraft over the next five years. | Full Article
US TOP NEWS
Libya rebels reject talks on Gaddafi exit
March 08, 2011 07:28 AM ET
BENGHAZI, Libya (Reuters) - Rebels fighting to overthrow Muammar Gaddafi have rejected an offer from the Libyan leader to negotiate his exit even as they battled to hang on to early gains in the insurrection. | Full Article
Afghan leader steps up criticism during Gates trip
March 08, 2011 06:53 AM ET
KABUL (Reuters) - Afghan President Hamid Karzai stepped up criticism of Western institutions and military forces on Tuesday, accusing them of acting at crossed purposes and deepening rifts reopened by a spate of civilian casualties. | Full Article
Pakistan court may indict CIA contractor for murder next week
March 08, 2011 07:20 AM ET
LAHORE (Reuters) - A Pakistani court is likely to indict a CIA contractor next week for murdering two men, lawyers said Tuesday, despite U.S. insistence he has diplomatic immunity, acted in self-defense and should be released. | Full Article
Obama restarts Guantanamo trials
March 08, 2011 12:38 AM ET
WASHINGTON (Reuters) - President Barack Obama lifted a two-year freeze on new military trials at Guantanamo Bay in Cuba and suggested on Monday Congress was hurting national security by blocking his attempts to move some trials into U.S. civilian courts. | Full Article
Gary Locke to be named new ambassador to China
March 08, 2011 02:39 AM ET
WASHINGTON/BEIJING, March 8 (Reuters) - President Barack Obama will nominate Commerce Secretary Gary Locke, who this year criticized China for not opening its markets, as next U.S. ambassador to Beijing, two administration officials said. | Full Article
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