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  • A number of the biggest stories for markets- from the UK elections on Thursday to Greece's default drama to new opposition to the proposed Trans-Pacific Partnership trade agreement- have de-globalization at their core. Britain's May 7 election, unlikely to return a majority for any party, embeds within it twin threats: to British membership in the European...

  • NEW YORK, May 5- Arguing that many of its customers cannot afford to pay high investment advisory fees, The Vanguard Group on Tuesday unveiled a low-cost service combining an automated investment plan with advice from a Vanguard financial planner. After more than two years of testing, the mutual fund giant is rolling out its Personal Advisor Services to...

  • *Stand-off in Greece's debt talks bogs down sentiment. NEW YORK, May 5- Long-term U.S. The two-week selloff in Treasuries, German Bunds and British gilts stemmed from a host of factors including heavy debt supply, less pessimism about Europe, and easing downward pressure on U.S. and European inflation.

  • NEW YORK, May 5- U.S. The selling on Tuesday, often by traders winding down Treasury positions as inflation pressures show signs of quickening, accelerated after the Institute for Supply Management said its services index rose to 57.8 last month from 56.5 in March. "That was better than forecast," said Anthony Valeri, fixed-income strategist at LPL Financial in San...

  • May 5- Estee Lauder Cos Inc said it would focus on younger consumers to turn around its legacy brands, Clinique and Estee Lauder, and spend on launching new products and improving its distribution to boost revenue growth. The company, which also makes M.A.C and Bobbi Brown cosmetics, said it would launch its new face-contouring skincare line, New Dimension, in July.

  • NEW YORK/ LONDON, May 5- Gold rose on Tuesday as the dollar turned lower and global shares fell ahead of U.S. non-farm payroll data later in the week that could give clues as to when the Federal Reserve will raise interest rates. "Gold was firm yesterday and is continuing the trend today, with dollar weakness helping," Deutsche Borse's MNI senior analyst Tony Walters...

  • Despite a rally of more than 2 percent in oil, energy stocks were stung for a second day by criticism of fracking companies by David Einhorn, the influential head of hedge fund Greenlight Capital. The $51.4 billion March deficit was the highest in nearly 6-1/ 2 years and larger than the $45.2 billion the government assumed in its snapshot of first-quarter gross...

  • The inquiry, which by its nature will inevitably focus heavily on U.S. firms, follows calls from France and Germany for regulation of so-called "essential digital platforms", encompassing everything from e-commerce sites such as eBay to social media companies. European Commission Vice-President Andrus Ansip will unveil his "Digital Single Market Strategy"...

  • IBM's Watson to guide cancer therapies at 14 centers Tuesday, 5 May 2015 | 2:00 PM ET

    NEW YORK, May 5- Fourteen U.S. and Canadian cancer institutes will use International Business Machines Corp's Watson computer system to choose therapies based on a tumor's genetic fingerprints, the company said on Tuesday, the latest step toward bringing personalized cancer treatments to more patients. Faced with such a data deluge, "the solution is going to be...

  • MEXICO CITY, May 5- Mexican oil company Pemex said an accident on Tuesday has left an offshore maintenance rig in the southern Bay of Campeche listing, killing one worker, but has not affected crude production. The incident was the second platform mishap in barely a month to hit the Mexican oil giant, which made a loss of more than $6 billion in the first quarter of...

  • May 5- Animal health products maker Zoetis Inc said it plans to cut up to a quarter of its workforce and exit nearly 40 percent of its manufacturing plants in its first major restructuring since being spun off from Pfizer Inc two years ago. The restructuring comes a month after activist investor Pershing Square seated their second nominee on Zoetis's board in...

  • May 5- U.S. stocks fell further in afternoon trading on Tuesday after the U.S. trade deficit surged in March, suggesting that the economy contracted in the first quarter. The $51.4 billion deficit was the highest in nearly 6-1/ 2 years and larger than the $45.2 billion the government assumed in its snapshot of first-quarter gross domestic product last week.

  • The SEC has ramped up its use of the in-house court since 2010 when the Dodd-Frank law empowered the commission to seek penalties against a broader array of defendants through administrative proceedings. In administrative trials, an SEC judge presides over the hearing. Defendants in SEC cases have been pushing back against the increased use of the in-house...

  • APPROVES $330 MILLION FOR USDA HANDLING OF BIRD FLU OUTBREAK IN POULTRY- USDA SOURCES.

  • COST SO FAR FOR FARMER CLAIMS, OTHER BIRD FLU EXPENSES TO $414.5 MILLION- USDA SOURCES.

  • LONDON, May 5- British IT entrepreneur Mike Lynch said Hewlett-Packard Co had failed to produce a "smoking gun" to back its claim he masterminded a complex fraud that led it to overpay by more than $5 billion when HP bought Autonomy in 2011.. The U.S. company is suing Autonomy founder Lynch and former Autonomy finance director Sushovan Hussain for in excess of $5...

  • *EU says won't discuss debt relief till Greece agrees reforms. *Greece says EU/IMF policy differences hamper talks. ATHENS/ BRUSSELS, May 5- Greece blew hot and cold with its euro zone partners on Tuesday as it struggled to avert a potentially catastrophic funding crunch this month, when it must make a big debt repayment to the IMF as cash reserves dry up.

  • May 5- Archer Daniels Midland Co, one of the world's largest grain traders, announced on Tuesday a deal to acquire full ownership of two Romanian export terminals on the Black Sea, bolstering its ability to export grain from Eastern Europe. ADM said it has agreed to acquire North Star Shipping and Minmetal, a 50-50 joint venture with North Star, which have grain...

  • FRANKFURT/ WALLDORF, May 5- SAP Chief Executive Bill McDermott said his company has "zero interest" in acquiring software rival Salesforce.com. "We have zero interest in Salesforce.com." SAP is battling alongside established U.S. software makers such as Oracle, IBM and Microsoft to boost Internet-based software sales and fend off pure cloud-based rivals...

  • *Euro zone economy stronger than expected- EU Commission. LONDON, May 5- Zinc hit its highest price in eight months on Tuesday and copper its loftiest since mid-December thanks to a combination of concern about supply shortfalls and optimism over the global economy. Base metals seem to be following the herd, "said Richard Fu, director of Asian commodities trading...