SINGAPORE, Dec 12- Brent futures slid toward $109 a barrel on Thursday as a looming U.S. budget deal backed expectations the Federal Reserve may act soon to unwind a stimulus programme that has supported oil prices. Expectations are creating a weaker sentiment for oil and other commodities, "said Chee Tat Tan, investment analyst at Phillip Futures in Singapore.» Read More
WASHINGTON, June 25- The U.S. economy appears to be gaining momentum with data showing strong gains in business spending plans last month and the largest annual rise in house prices in seven years in April. Fed Chairman Ben Bernanke said last week the central bank would likely begin to slow the pace of its bond-buying stimulus later this year. "
*Restive Nile Delta town tense as Sunday protests near. EL- MAHALLA EL-KUBRA, Egypt, June 25- Fuel is in short supply in El-Mahalla El-Kubra. While some drivers blame each other and fights are common, most in the industrial city agree on the underlying cause: President Mohamed Mursi.
JERUSALEM, June 25- Israel's Justice Ministry said on Tuesday it was examining whether Prime Minister Benjamin Netanyahu's national security adviser had a conflict of interest regarding the fast-developing energy industry.
*Mirrors scam by Florida fund manager. NEW YORK, June 25- Former Oregon gubernatorial candidate Craig Berkman pleaded guilty on Tuesday to defrauding investors by persuading them he could use their money to buy shares of Facebook Inc before the company's May 2012 initial public offering.
WASHINGTON, June 25- The U.S. Food and Drug Administration said on Tuesday it will allow two new cigarettes from Lorillard Inc onto the market, adding that while they are not safe, they are no worse than products already being sold. The FDA approved Lorillard's Newport Non-Menthol Gold Box 100 s and Newport Non-Menthol Gold Box.
ROME, June 25- Italy's cash-strapped government plans to go ahead with purchasing 90 Lockheed Martin F-35 fighter jets, Defence Minister Mario Mauro said on Tuesday, ahead of a vote that risks splitting the ruling coalition.
NEW YORK, June 25- U.S. inflation-linked government bonds have tumbled to levels that analysts say approach those common in periods of financial crisis, a sharp turnaround for what has been one of the best-performing bond classes in recent years.
*Builders rally after Lennar results, data. *Walgreen slips after earnings, Netflix down on downgrade. Investors are realizing that the Fed is still a long way from raising rates, "said Mark Foster, who helps manage $600 million at Kirr Marbach& Co in Columbus, Indiana.
BRUSSELS, June 25- The Council of Europe, which promotes democracy and human rights on the continent, voted on Tuesday against putting Hungary under surveillance over concerns about changes to its constitution. "The parliamentary assembly voted not to go ahead with monitoring," said a spokesman for the 47- nation institution.
LONDON, June 25- A rise in euro zone borrowing costs, driven by the prospect of less U.S. monetary stimulus, does not pose an immediate threat to struggling euro zone countries' ability to service their debt piles, officials said on Tuesday.
WASHINGTON, June 25- The top U.S. swaps regulator won a legal victory on Tuesday when a U.S. appeals court rejected a plea by the mutual funds industry to block a requirement that its members register with the agency.
NEW YORK, June 25- U.S. stocks extended gains, with the S&P 500 climbing 1 percent after better-than-expected economic data, but the positive data raised questions about the Federal Reserve's stimulus efforts. The Dow Jones industrial average gained 118.71 points, or 0.81 percent, to 14,778.27.
*Uganda, Kenya, Rwanda presidents met in Kampala. KAMPALA, June 25- Uganda has agreed to a plan to build a pipeline from its oilfields to a new port being developed on Kenya's northern coast, Uganda's foreign minister said on Tuesday, enabling crude exports and boosting its oil industry.
DUBLIN/ PARIS, June 25- In the sort of scene that must infuriate Chancellor Angela Merkel, Irish bankers were taped laughing about a bank bailout deal and then mocking the European Union's paymaster by singing the German national anthem.
DETROIT, June 25- General Motors Co on Tuesday named its U.S. sales chief to lead global Chevrolet, which accounts for more than half of GM's worldwide sales, as the automaker moves to strengthen the mainstream brand. He will report to Chief Executive Dan Akerson in his new job, while continuing to report to North American head Mark Reuss for U.S. sales.
BRASILIA, June 25- Brazilian President Dilma Rousseff is standing by her finance minister, Guido Mantega, presidential spokesman Thomas Traumann told Reuters on Tuesday, despite growing speculation that Mantega is on the way out following massive protests against government policies.
*New single-family home sales jump to near 5- year high in May. NEW YORK, June 25- U.S.
NEW YORK, June 25- A former executive of SanDisk Corp was sentenced on Tuesday to a year of probation after admitting to supplying illegal tips to a hedge fund consultant.
*GDF Suez to keep its 40 pct stake. Gaztransport& Technigaz, also 40 percent owned by GDF Suez, has 70 percent of the market for the high-tech alloy membranes that line the hulls of the world's liquified natural gas carriers.
*Copper may crash in 3 months-technicals. LONDON, June 25- Copper rose on Tuesday, recovering from a three-year low, after China's central bank sought to soothe fears that a credit crunch would crimp growth in the world's top metals consumer.