PRESS DIGEST - British Business - May 2
May 2 - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
UPDATE 1-Japan PM's "stealth" constitution plan raises civil rights fears
* Japan's PM Abe seeking lower hurdle to revise constitution
Brazil's Rousseff insists oil royalties should fund education
BRASILIA, May 1 - Brazilian President Dilma Rousseff said on Wednesday she has sent lawmakers another proposal to earmark all oil royalties collected by the state for public education after Congress shelved an earlier effort.
Bank of Canada's Carney says growth looking better than expected
EDMONTON, Alberta, May 1 - There appears to be more momentum in the Canadian economy in the first quarter than the central bank had anticipated in its quarterly forecasts last month, Bank of Canada Governor Mark Carney said on Wednesday.
BOJ April 3-4 minutes: some members wary of risks of bold easing
TOKYO, May 2 - Some members of the Bank of Japan's policy board expressed concerns that large-scale purchases of government debt could actually impair lending and disturb the functioning of financial markets, minutes of their April 3-4 meeting showed on Thursday.
New pension reform plans emerge, compete in Illinois legislature
CHICAGO, May 1 - The Illinois Senate president and labor leaders on Wednesday began pushing a new plan to reform the nation's worst-funded state pension system that they believe can pass an expected constitutional challenge while still saving the state money.
UPDATE 3-Visa enjoys upbeat quarter, MasterCard lags
May 1 - Visa Inc, the world's largest credit and debit card network reported strong quarterly results as its customers spent more on its cards, but smaller rival MasterCard Inc reported a tougher quarter and warned of a difficult outlook.
Illinois Senate passes gambling bill with Chicago casino
CHICAGO, May 1 - The Illinois Senate passed a bill on Wednesday that would bring much-need revenue to the cash-strapped state by expanding gambling and giving Chicago its first casino.
Pentagon prepares to ask U.S. Congress for break from "sequester"
WASHINGTON, May 1 - The Pentagon is preparing to ask Congress soon for more authority to shift funds to cope with automatic spending cuts, confronting lawmakers with another exception to the "sequester" just days after they gave a break to the flying public and the airline industry.
UPDATE 6-Obama taps Representative Watt as U.S. housing regulator
* White House faced pressure to replace current FHFA chief
Markets
- U.S.
- Europe
- Asia
- Sectors
| DOW | 14,700.95 |  -138.85 |
-0.94% |
| S&P; 500 | 1,582.70 | -14.87 |
-0.93% |
| NASDAQ | 3,299.13 | -29.66 |
-0.89% |
| TR US Index | 143.46 | -1.52 |
-1.05% |
+21.17Sector Summary
| Energy | -1.33% |
| Basic Materials | -1.28% |
| Industrials | -0.91% |
| Cyclical Goods & Services | -0.40% |
| Non-Cyclical Goods & Services | -0.12% |
| Financials | -0.64% |
| Healthcare | -0.81% |
| Technology | -0.75% |
| Telecoms | -0.32% |
| Utilities | -0.54% |
Upcoming Events
No related dividends are currently scheduled within the next 7 days.
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and
