Financials
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Banco do Brasil names new pension fund head
SAO PAULO, May 25 - Banco do Brasil on Friday named senior executive Dan Conrado as the new head of its employees' $150 billion pension fund, Previ, Latin America's largest, in a move that aims to put an end to a power struggle at the country's top lender.
UPDATE 2-Gunman in Indiana standoff shoots himself
VALPARAISO, Ind., May 25 - An armed man took several hostages in an Indiana real estate office on Friday, then released them after an eight-hour standoff and shot himself in the head, authorities said.
California tobacco tax measure risks going up in smoke
* Funds would be set aside for tobacco prevention, research
EU says China, U.S., Japan also have economic work to do
BRUSSELS, May 26 - The United States and Japan must tackle their tax issues and China must relax restrictions on the yuan, as they share responsibility with Europe for restoring global economic health, EU leaders said ahead of a June summit of the G20 leading economies.
UPDATE 5-Chinese WTO suit strikes back at U.S. duties
GENEVA, May 25 - China launched a complaint at the World Trade Organization on Friday against U.S. import duties on 22 Chinese products that the United States says are unfairly priced or subsidised, including solar panels and steel products.
| BSE OIL & GAS | -0.07% |
| BSE BANKEX | +0.31% |
| BSE-IT | -0.05% |
| BSE METALS | +0.92% |
| BSE REALTY | +0.54% |
| BSE AUTO | -0.05% |
| BSE POWER | +0.09% |
| BSE-FMCG | -0.46% |
| BSE-CG | +0.89% |
| BSE-HC | -0.13% |
Markets
- Sectors
- Asia
- U.S.
- Europe
Sector Summary
| Energy |  -0.07% |
| Basic Materials | -0.51% |
| Industrials | -0.40% |
| Cyclical Goods & Services | -0.06% |
| Non-Cyclical Goods & Services |  +0.23% |
| Financials | -0.42% |
| Healthcare | +0.15% |
| Technology | -0.16% |
| Telecoms | -0.08% |
| Utilities | +0.36% |
| DOW | 12,454.83 | -74.92 |
-0.60% |
| S&P 500 | 1,317.82 | -2.86 |
-0.22% |
| NASDAQ | 2,837.53 | -1.85 |
-0.07% |
| TR US Index | 119.59 | -0.22 |
-0.19% |
Under pressure, govt to review steep petrol hike
NEW DELHI - India's coalition government opened the way for a partial rollback of the steepest petrol hike in the country's history after two days of street protests and dissent from within its own ranks over the unpopular measure.
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