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Yahoo

Business - U.S. private sector adds jobs in February, but growth slows: ADP


By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - U.S. private employers added fewer jobs than expected last month, declining as well from January`s revised figure as employment growth slowed in some sectors, a payrolls processor report showed on Wednesday. The ADP National Employment Report, jointly developed with Moody`s Analytics, showed a gain of 212,000 private-sector jobs. Economists surveyed by Reuters had forecast the ADP to show a gain of 220,000 jobs. For instance, service-providing employment rose by 181,000 jobs in February, compared with growth of 206,000 in the sector in January.


Wednesday, March 04, 2015  15:01

Yahoo

Business - Wall St. opens lower after ADP; services data on tap


U.S. stocks were lower on Wednesday, with the Dow and S&P retreating further from recent records, after a softer-than-expected report on the labor market and ahead of data on the services sector. The ADP National Employment Report showed private employers added 212,000 jobs in February, short of the 220,000 forecast, although January`s reading was revised upward to 250,000 from the initial 213,000. Shortly after the opening bell, two readings on the services sector are expected with the final February reading of financial data firm Markit`s Purchasing Managers Index at 9:45 a.m.. The Institute for Supply Management`s gauge on the services sector in February is scheduled for a 10 a.m. release. Beyond today`s report, the near-term focus is on Friday`s employment report.


Wednesday, March 04, 2015  15:01

Yahoo

World - Philippine cities most at risk from disasters, study shows


By Joseph D`Urso LONDON (Thomson Reuters Foundation) - Of the 10 world cities most exposed to natural hazards, eight are in the Philippines, according to research which also showed that over half of the 100 cities most exposed to earthquakes, storms and other disasters were found in four Asian nations. The study published on Wednesday by risk analysis firm Verisk Maplecroft analyzed the threat posed by storms, floods, earthquakes, tsunamis, fires, volcanoes and landslides in more than 1,300 cities. It said of the 100 cities with the greatest exposure to natural hazards, 21 were located in the Philippines, 16 in China, 11 in Japan and eight in Bangladesh. Of the 13 countries deemed least able to cope with natural disasters, 11 were in sub-Saharan Africa, with Somalia coming bottom for the fourth consecutive year, the study showed.


Wednesday, March 04, 2015  14:43

Yahoo

Business - For first time in years, euro economy starts surprising on upside


By Ross Finley LONDON (Reuters) - The euro zone economy is sprouting more green shoots than anticipated just as the European Central Bank fires up a money printing program worth more than 1 trillion euros. An analysis of Reuters polls shows more than half the most important economic reports since the start of the year, as well as data across the bloc`s four largest economies, have beaten the consensus forecast and many have topped the highest prediction. This latest turn, which comes despite concerns over Greece`s future membership in the euro and no real respite to conflict in Ukraine, suggests fears of a deflationary spiral in Europe have been overdone. Germany, Europe`s largest economy, is the clear leader.


Wednesday, March 04, 2015  12:54

Yahoo

World - Eurozone showing signs of economic momentum


LONDON (AP) — The 19-country eurozone`s economy is kicking into a higher gear in the wake of falling oil prices.


Wednesday, March 04, 2015  11:03

Yahoo

Business - Wall St. to open lower after ADP; services data on tap


U.S. stocks were poised for a lower open on Wednesday, putting the S&P 500 on track for a second straight decline, after a softer-than-expected report on the labor market and ahead of data on the services sector. The ADP National Employment Report showed private employers added 212,000 jobs in February, short of the 220,000 forecast, although January`s reading was revised upward to 250,000 from the initial 213,000. Shortly after the opening bell, two readings on the services sector are expected with the final February reading of financial data firm Markit`s Purchasing Managers Index at 9:45 a.m.. The Institute for Supply Management`s gauge on the services sector in February is scheduled for a 10 a.m. release. Beyond today`s report, the near-term focus is on Friday`s employment report.


Wednesday, March 04, 2015  14:25

Yahoo

World - Sixteen injured in fire at Cairo convention centre


At least 16 people were injured on Wednesday when a large fire broke out at a convention centre in a northeastern Cairo neighbourhood, medical and security sources said. Health Ministry spokesman Hossam Abdel Ghaffar said 16 people were wounded in the fire. Interior Ministry spokesman Hani Abdellatif told state television the initial investigation showed the fire may have started in a closed office and spread through central air-conditioning vents.


Wednesday, March 04, 2015  14:07

Yahoo

World - US-Polish live-fire army exercise begins


WARSAW, Poland (AP) — Polish and U.S. troops are taking part in live-fire exercises in northern Poland that are part of a NATO operation showing its commitment to the region`s security.


Wednesday, March 04, 2015  13:48

Yahoo

World - Indian home minister to investigate rape documentary


By Aditya Kalra NEW DELHI (Reuters) - India`s home minister said on Wednesday he would investigate how a film crew managed to interview a death row convict who expressed no remorse for his part in the fatal gang rape of a woman in New Delhi in 2012, an attack that sparked outrage. Leslee Udwin`s `India`s Daughter` features conversations with Mukesh Singh and fellow convicts who raped and tortured a 23-year-old woman on a moving bus in December 2012. Home Minister Rajnath Singh said the documentary would not be aired in India and accused its makers of violating `permission conditions` by not showing the complete unedited footage to jail officials.


Wednesday, March 04, 2015  13:48

BBC

Asia-Pacific - India vows rapist interview inquiry


India`s home minister promises an inquiry into how a TV crew was allowed to interview a death-row prisoner convicted over the Delhi 2012 gang rape and murder.


Wednesday, March 04, 2015  13:12

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