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JP Morgan to buy MF Global stake in LME: sources

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J.P. Morgan will soon announce it has bought a 4.7 percent stake in the London Metal Exchange from defunct U.S. brokerage MF Global, two people familiar with the situation said, making it the exchange's largest shareholder.

Wall Street flat on debt worries; Fed minutes on tap

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U.S. stocks were little changed in a choppy session on Tuesday as markets reacted to headlines about Europe's debt crisis and digested data showing the U.S. economy grew more slowly than previously thought.
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ECB funding demand surges as bank strains build

Euro zone banks' demand for central funding surged to a two-year high on Tuesday, and U.S. funds cut their lending to the bloc's banks, tightening a squeeze that looks unlikely to ease this year.
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An electronic board displaying movements in major indices is seen at Johannesburg stock exchange in Sandton

S.Africa stocks higher, bill keeps investors nervous

Johannesburg stocks rose nearly 1 percent on Tuesday, as investors returned to resource heavyweights African Rainbow Minerals, BHP Billiton and other shares that have been battered down in a recent sharp sell off.
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Bank profits continue to climb: FDIC

U.S. bank earnings reached their highest point since the second quarter of 2007 but the industry continues to have trouble boosting revenue with the economy struggling.
A riot policeman fires rubber bullets at protesters during clashes on a side street near Tahrir Square in Cairo

Egyptian protesters struggle to throw off army rule

Egyptians frustrated by army rule battled police in Cairo streets again on Tuesday as the military struggled to cope with a challenge to its authority that has jolted plans for the country's first free election in decades.
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Galaxy Nexus Release: Next Big Thing or iPhone 4S Imitator?

Samsung's Galaxy Nexus is available now in the UK and a launch date has been given for Canada, but a U.S. release date has yet to be given, so it looks like the device won't be out in time for Black Friday. There's little doubt the new Android device will be out in time for the shopping season, but it will only be available on Verizon
Traders at the CME

CME to Launch Cleared OTC Gold in Europe by Yearend

The CME Group, the world's leading derivatives market place, is on target to launch cleared over-the-counter gold in Europe by the end of 2011, and wants to boost the number of contracts it clears, a top official said on Tuesday.
Keira Knightley details her hysteria in "Dangerous Method"

Keira Knightley details her hysteria in Dangerous Method

The 26-year-old British actress said the promise of such a dream role and working with Cronenberg, Fassbender and Viggo Mortensen (who portrays Freud) was too enticing to walk away. It also helped that Cronenberg promised the spanking scenes would be clinical, not sexy.
Crosby spectacular in long-awaited comeback

Crosby spectacular in long-awaited comeback

Canadians cheered and hockey fans held their breath as Pittsburgh Penguins captain Sidney Crosby made a spectacular return to action on Monday after being sidelined for nearly a year recovering from a concussion.
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Watered-down soup sales hurt Campbell

Campbell Soup Co , the world's largest soup maker, reported weak quarterly sales as higher prices at its U.S. soup and international businesses put off price-conscious shoppers, sending its shares down 5 percent.
TSX little changed, Kinross drop offsets China

TSX may edge up, helped by commodity recovery

Canadian stocks looked set to open slightly higher on Tuesday, in line with stronger commodity prices, though there were signs the respite from worries over U.S. and European government debt could be temporary.
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Wall Street flat after selloff, but GDP read weaker

U.S. stocks were little changed on Tuesday as persistent concerns over Europe and a weaker reading on U.S. economic growth kept investors on edge, although the downside was limited after four days of losses.
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Jacobs says clients unfazed by Keystone XL delay

Jacobs Engineering Group Inc, a leading contractor in Canada's oil sands, sees the Keystone XL delay as a political decision, not technical, and expects the $7 billion pipeline will eventually be approved.
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Canada oil sector must keep cleaning up act: Prentice

The U.S.-imposed delay of TransCanada Corp's Keystone XL oil pipeline shows Canada's energy industry cannot relax efforts to improve its environmental record, a former top minister in Prime Minister Stephen Harper's government said on Monday.

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