Spanish worries tarnish growth outlook

London (Reuters) - European shares edged up but the euro fell and German bonds trimmed their losses on Monday as a resurgence of worries about Europe undermined positive sentiment stemming from stronger U.S. and Chinese economic data. However, the rising confidence in the global economic recovery underpinned oil and copper, although prices moved in narrow ranges at the start of a week...

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Peterson double winner of AP NFL awards

NEW ORLEANS (AP) — Adrian Peterson called it a blessing in disguise.Strange way to describe career-threatening major knee surgery.The Minnesota Vikings' star came back better than ever, just missing Eric Dickerson's longstanding rushing record and closing out the season with two of the top NFL awards from The Associated Press: Most Valuable Player and Offensive Player of the Year.As sort of an added...

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Hillary: Secretary of empowerment

Girls hug U.S. Secretary of State Hillary Clinton during a 2010 tour of a shelter run for sex trafficking victims in Cambodia.STORY HIGHLIGHTSDonna Brazile: Clinton stepping down as Secretary of State. Maybe she'll run for presidentShe says as secretary she expanded foreign policy to include effect on regular people She says she was first secretary of state to focus on empowering women and girlsBrazile:...

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Mark Wahlberg, Ted to Present at Oscars

LOS ANGELES (TheWrap.com) – Mark Wahlberg and his teddy bear co-star “Ted” will be presenters at the Oscars, the telecast producers announced Friday morning.The duo, stars in Oscar host Seth MacFarlane‘s comedy about a man trying to turn his immature, hedonistic lifestyle around for a woman he is dating. His indulgent teddy bear, the eponymous Ted, proves to be an obstacle in that transformation.The...

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China services’ slow uptick highlights mildness of recovery

BEIJING (Reuters) – Growth in China‘s increasingly important services sector rose for the fourth straight month in January, though the slim increase added to evidence that the recovery in the world’s second-largest economy remains a modest one.China’s official purchasing managers’ index (PMI) for the non-manufacturing sector rose to 56.2 in January from 56.1 in December, the National Bureau of Statistics...

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Asiacell shares sold on Iraq bourse in major float

BAGHDAD (AP) — Iraqi mobile phone service provider Asiacell began on Sunday to sell shares on the Iraq Stock Exchange in what the head of the bourse said is the biggest initial public offering in the Middle East since 2008.Asiacell offered a quarter of its shares, or 67.5 billion, as part of licensing requirements. The company is hoping to raise $ 1.3 billion, with the initial share price set at 22...

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"Great Rotation"- A Wall Street fairy tale?

NEW YORK (Reuters) - Wall Street's current jubilant narrative is that a rush into stocks by small investors has sparked a "great rotation" out of bonds and into equities that will power the bull market to new heights. That sounds good, but there's a snag: The evidence for this is a few weeks of bullish fund flows that are hardly unusual for January. Late-stage bull markets...

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NFL's Goodell aims to share blame on player safety

NEW ORLEANS (AP) — NFL Commissioner Roger Goodell wants to share the blame."Safety," he said at his annual Super Bowl news conference, "is all of our responsibilities."Not surprisingly, given that thousands of former players are suing the league about its handling of concussions, the topics of player health and improved safety dominated Goodell's 45-minute session Friday. And he often sounded like...

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Hillary: Secretary of empowerment

Girls hug U.S. Secretary of State Hillary Clinton during a 2010 tour of a shelter run for sex trafficking victims in Cambodia.STORY HIGHLIGHTSDonna Brazile: Clinton stepping down as Secretary of State. Maybe she'll run for presidentShe says as secretary she expanded foreign policy to include effect on regular people She says she was first secretary of state to focus on empowering women and girlsBrazile:...

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Former New York mayor Ed Koch moved to hospital intensive care

NEW YORK (Reuters) – Former New York City Mayor Ed Koch was moved to a hospital intensive care unit on Thursday, his spokesman said, in a sign that his health could be deteriorating.Koch spokesman George Arzt said the 88-year-old politician, who earned a reputation for being as outspoken as he is colorful, was being moved so his cardiologist could better monitor his condition. Koch has been treated...

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