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With even toilet paper scarce, Venezuelan president warms to business

CARACAS, May 22 - A Venezuelan supermarket puts a stack of toilet paper on its shop floor, and desperate consumers snatch it up within five minutes. A woman's voice over the loudspeaker reminds shoppers each person can only buy four packages.

7:40pm IST

FEATURE-Sudan dreams of becoming global sugar player

* Sugar firm Kenana plans expansion, double output by 2015

7:30pm IST

UPDATE 1-U.S. government taps GlaxoSmithKline for new antibiotics

* GSK to get up to $200 mln over five years under BARDA deal

6:41pm IST

Kohl's names Starbucks' Gass chief customer officer

May 22 - Kohl's Corp said on Wednesday that Michelle Gass, who was instrumental in Starbucks Corp's U.S. turnaround several years ago, will join the department store in the new position of chief customer officer.

5:56pm IST

Farmers race storms to wrap up corn plantings

CHICAGO, May 22 - U.S. farmers should begin winding down corn plantings over the next week to 10 days despite occasional showers and storms that will cause temporary delays, an agricultural meteorologist said on Wednesday.

5:33pm IST
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Bernanke touts benefits of easing, no hint of pullback

WASHINGTON - The Federal Reserve's monetary stimulus is helping the U.S. economy recover, and the central bank needs to see further signs of traction before taking its foot off the gas, central bank chairman Ben Bernanke said on Wednesday.