Manila’s Metro Pacific net profit jumps 76 pct on yr

MANILA, March 1 (Reuters) – Full year ending Dec. 31, 2011. (in billion pesos) Net income 5.06 vs 2.87 Core net income 5.10 …

UPDATE 4-U.S. Senate heads for showdown over contraceptives

* Republicans seek favor of Catholics, social conservatives

TREASURIES-U.S. bonds creep slightly lower

TOKYO, March 1 (Reuters) – Treasuries inched down in Asia on Thursday, continuing their downtrend in the wake of comments from Federal Reserve Chairman Ben Bernanke that gave investors no reason to…

Top hedge fund managers take home $13 billion in 2011

NEW YORK, March 1 (Reuters) – Even in a brutal year, some top hedge fund managers made out like bandits.

US foreclosure sales fall Q4, to rise 2012-RealtyTrac

NEW YORK, March 1 (Reuters) – Sales of bank owned U.S. homes fell in the fourth quarter of 2011, though foreclosures still accounted for nearly one in every four sales, data from RealtyTrac showed on…

Ohio school shooting suspect had troubled childhood

CLEVELAND (Reuters) – The teenage gunman suspected in a Monday shooting spree in the cafeteria of an Ohio high school that killed three students had a troubled childhood and at least one offense on his legal record, according to court documents viewed by two sources.

North Korea-U.S. deal revives hopes of nuclear disarmament talks

WASHINGTON (Reuters) – North Korea has agreed with the United States to suspend major elements of its atomic weapons program in a surprise breakthrough that could pave the way for the resumption of long-stalled nuclear disarmament talks with the secretive state.

UPDATE 1-India’s Tata Comm eyeing C&W Worldwide-report

MUMBAI, March 1 (Reuters) – India’s Tata Communications Ltd is preparing to bid for Cable & Wireless Worldwide Plc, the Times of India reported on Thursday, in what would be the biggest British acquisition by an Indian firm since Tata Motors bought Jaguar Land Rover.

Global drug industry tightens anti-corruption code

LONDON, March 1 (Reuters) – The global pharmaceutical industry is tightening its code of practice in a bid to stamp out bribery and corruption, particularly in emerging markets.

Obama to talk energy in backyard of Republican rival

WASHINGTON, March 1 (Reuters) – President Barack Obama travels to New Hampshire on Thursday to talk about energy, swooping into Republican front-runner Mitt Romney’s backyard to discuss an issue that his opponents hope they can use to deny him a second White House term.

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