SPRINGFIELD, Ill.-- Credit-ratings agency Fitch Ratings says it sees Illinois lawmakers' passage of pension legislation as a "positive" development. Fitch Ratings issued a statement Wednesday, saying it will analyze the pension measure that the General Assembly passed on Tuesday. Fitch rates Illinois an "A-" with a negative rating outlook.» Read More
June 14- Hog producer Smithfield Foods Inc, the subject of a $4.7 billion bid from China's Shuanghui International Holdings, reported a 63 percent fall in net profit as exports to China and Russia fell due to certification issues.
NEW YORK, June 14- U.S. stock index futures trimmed losses after data showed producer prices rose more than expected in May as gasoline prices rebounded, though underlying inflation pressures remained muted.
June 14- Almost half a million homes and businesses, mostly in the U.S. Duke Energy Corp, the biggest power company in the United States, was the hardest hit with more than 240,000 customers still out in the Carolinas. Late Thursday, Duke said more than 350,000 customers, mostly in North Carolina, were without power.
WASHINGTON, June 14- U.S. producer prices rose more than expected in May as gasoline prices rebounded, but underlying inflation pressures remained muted, which could argue against an early scaling back of monetary stimulus by the Federal Reserve.
WASHINGTON, June 14- The U.S. current account deficit widened in the first quarter to $106.1 billion, a government report showed on Friday. Most of the widening came from a drop in the U.S. surplus on income and an increase in government transfers, the Commerce Department said.
June 14- Britain has asked airlines worldwide to block American Edward Snowden, who leaked details of U.S. government telephone and internet surveillance programs, from boarding any plane headed for the United Kingdom, the Associated Press reported on Friday.
TOULOUSE, June 14- Europe's newest passenger plane, the Airbus A350, landed successfully on Friday after completing a four-hour maiden test flight.
June 14- Singapore's central bank censured 20 banks following its review into the setting of benchmark rates in the city-state and ordered them to set aside additional reserves for a year. For a related story, click For the statement from the Monetary Authority of Singapore, click: http://r.reuters.com/pak88t. Banks ING Bank N.V. 1,000-1,200.
*Soybeans edge up but still on track for weekly loss. LONDON, June 14- Chicago corn futures fell for a third straight session on Friday as forecasts of near-perfect growing weather across the United States boosted supply prospects. Chicago Board of Trade new-crop December corn was off 0.2 percent at $5.34 a bushel by 1130 GMT.
Microsoft Corp, Sony Corp, Electronic Arts and other industry giants whipped up the crowd of gamers and developers at the event into a frenzy, with displays of high-powered new consoles and previews of popular genre games.
*UBS, ING, RBS must set aside most in reserves. SINGAPORE, June 14- Singapore's central bank has censured 20 banks on Friday after it found traders in the city state tried to manipulate benchmark borrowing and currency rates, and has ordered them to set aside additional reserves for a year.
June 14- More than 330,000 homes and businesses in the U.S. Duke Energy Corp, the biggest power company in the United States, was the hardest hit with more than 240,000 customers still out in the Carolinas. Late Thursday, Duke said more than 350,000 customers, mostly in North Carolina, were without power.
June 14- More than 240,000 homes and businesses in North and South Carolina were still without power early Friday following storms on Thursday, Duke Energy Corp said on its website. Late Thursday, Duke said more than 350,000 customers, mostly in North Carolina, were without power. Duke warned those in the hardest hit areas to prepare for a "multi-day" outage.
*Russia says U.N. decisions by' consensus' are too vague. *Belarus, Ukraine back Moscow after defeat in Qatar. Seething after they were overruled in a consensus decision at U.N. talks in Qatar last year, Russia, Belarus and Ukraine blocked one strand of two-week climate talks in Bonn ending on Friday, by insisting on clearer rules for decision-making.
LONDON, June 14- The yen extended gains against the dollar on Friday, putting it on course for its best weekly performance since early 2010, as volatile stock markets drove investors to the safety of the Japanese currency. The dollar was down 0.5 percent at 94.90 yen while the euro fell nearly 1 percent to 126.35.
*Jail terms for insider trading one step closer. LONDON/ GENEVA, June 14- European authorities are close to agreeing on the final draft of markets abuse rules that will make the standard commodities market practice of trading on inside information illegal.
NEW YORK, June 14- U.S. stock index futures dipped on Friday, with Wall Street set to rack up a loss for the week, during which trading has been driven by investors' concerns that central bank stimulus programs will be reined in earlier than expected.
TOULOUSE, France, June 14- Europe's newest jetliner, the Airbus A350, successfully began its maiden flight on Friday, stepping up a battle with arch-rival Boeing for sales of a new generation of sleek, lightweight passenger planes.
*Inflation off 3- yr lows in May to 1.4 pct. *Consumer prices still well below ECB target. BRUSSELS, June 14- Inflation in the euro zone rose from a three-year low in May, but remained low enough for the European Central Bank to act to boost an economy which is shedding jobs at an increasing rate.
*Basic resources advance, Citi upgrades sector. LONDON, June 14- European shares erased an early advance to trade flat on Friday as investors braced for a batch of U.S. economic data later in the session. May inflation figures due at 1230 GMT and sentiment data at 1355 GMT which could provide fresh clues as to when the U.S.