Howard SchneiderWASHINGTON (Reuters) - Freed from economic crisis and aligned with the party in power, new Federal Reserve Chairman Jerome Powell makes his first appearance before Congress on Tuesday in what is widely expected to mark a reset of sorts in relations between the central bank and elected lawmakers.After a decade of arguably strained ties, dating to the Fed’s politically controve...Read More

WASHINGTON (Reuters) - There are some upside risks to the U.S. economic outlook but the degree to which it would affect monetary policy depends on whether the potential capacity of the nation’s economy is also raised, Federal Reserve Governor Randal Quarles said on Monday.“There is a real possibility that some of the factors that have been holding back growth in recent years could shif...Read More

(Adds settlement winning preliminary approval, updated Facebook share price and market value)By Jonathan StempelFeb 26 (Reuters) - Facebook Inc and Chief Executive Mark Zuckerberg have reached a $35 million settlement of class-action litigation accusing them of hiding worries about the social media company's growth prior to its May 2012 initial public offering.The settlement was filed on Monday i...Read More

(Updates prices to close)TORONTO, Feb 26 (Reuters) - Canada's main stock index rose on Monday to a three-week high as gains in the prices of commodities such as gold and silver helped drive up shares of mining companies. The Toronto Stock Exchange's S&P/TSX composite index closed up 76.21 points, or 0.49 percent, at 15,714.66, its highest since Feb. 2.* Nine of the 10 main sectors on the inde...Read More

(Adds details, quote)CAIRO, Feb 26 (Reuters) - Average yields on Egypt's 10-year treasury bonds jumped by nearly 100 basis points on Monday at the first auction of its kind since the central bank began loosening monetary policy. The 10-year bond rose to 14.800 percent from 13.871 percent at the last auction on Feb. 12, central bank data showed on Monday. It had dropped from 14.732 percent on Jan....Read More

* Tech stocks, Berkshire Hathaway push Wall St higher* Bond yields fall ahead of Powell's testimony* Oil gains on strong demand, Saudi comments* Chinese stocks rally as Xi set to stay in power By Herbert LashNEW YORK, Feb 26 (Reuters) - Global equities rose on Monday, with Wall Street surging more than 1 percent, while the dollar was little changed as investors bet the new head of the Federal Res...Read More

TORONTO, Feb 26 (Reuters) - Canada's main stock index rose on Monday as gains in prices of commodities such as gold and silver helped support shares of mining companies. The Toronto Stock Exchange's S&P/TSX composite index closed up 76.21 points, or 0.49 percent, at 15,714.66. Nine of the 10 main sectors on the index were in positive territory. (Reporting by John Tilak; Editing by Sandra Maler...Read More

Miners in northwest Papua New Guinea reported some damage to infrastructure following a powerful magnitude 7.5 earthquake on the weekend, as projects in the resource-rich region assess the impact on their operations.Barrick Gold Corp said a power station that supplies its Porgera gold mine had been damaged, while Ok Tedi Mining Ltd said a landslip had blocked a road and damaged pipelines to its co...Read More

Miners in northwest Papua New Guinea reported some damage to infrastructure following a powerful magnitude 7.5 earthquake on the weekend, as projects in the resource-rich region assess the impact on their operations.Barrick Gold Corp said a power station that supplies its Porgera gold mine had been damaged, while Ok Tedi Mining Ltd said a landslip had blocked a road and damaged pipelines to its co...Read More

Miners in northwest Papua New Guinea reported some damage to infrastructure following a powerful magnitude 7.5 earthquake on the weekend, as projects in the resource-rich region assess the impact on their operations.Barrick Gold Corp said a power station that supplies its Porgera gold mine had been damaged, while Ok Tedi Mining Ltd said a landslip had blocked a road and damaged pipelines to its co...Read More

It was a bullish day for the stock market, as equities rallied in the face of a stabilizing 10-year Treasury yield. The Dow jumped nearly 400 points, led by another tech-sector surge. It was smooth sailing for the S&P 500 Index and Nasdaq, too, with the latter moving into positive month-to-date territory. While the economic schedule was rather light today -- aside from a fresh round of housing dat...Read More

Golden Predator Mining Corp. (TSXV:GPY) (OTCQX:NTGSF) (the "Company" or "Golden Predator") announced today that its technical team has completed an assessment of data from the Sprogge property, acquired late last year.Read full newsRead More

Feb 27 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6,042.20 42.4NZX 50**8,340.53 38.81DJIA**25,709.27399.28NIKKEI**22,153.63260.85Nasdaq**7,421.46484.074FTSE**7,289.58 45.17S&P 500** 2,779.60 32.30 Hang Seng** 31,498.6 231.43SPI 200 Fut 6,04429STI** 3,555.85 22.63SSEC**3,330.2506 41.23 KOSPI** 2,457.65 6.13------------------------------------------------------------...Read More

Feb 26 (Reuters) - Palo Alto Networks Inc reported a smaller quarterly loss as the cyber security company added more customers to its cloud-based security services.The company's net loss narrowed to $34.9 million, or 38 cents per share, in the second quarter ended Jan. 31, from $60.6 million, or 67 cents per share, a year earlier. Revenue rose to $542.4 million from $422.6 million. (Reporting by L...Read More

(Adds further quote, background)WASHINGTON, Feb 26 (Reuters) - There are some upside risks to the U.S. economic outlook but the degree to which it would affect monetary policy depends on whether the potential capacity of the nation's economy is also raised, Federal Reserve Governor Randal Quarles said on Monday."There is a real possibility that some of the factors that have been holding back...Read More

Africa-focused Caledonia Mining Corp. (TSE:CAL) revealed Monday that one person died on February 23, following an accident at its Blanket gold mine in southwestern Zimbabwe.The fatality occurred in the Blanket Quartz Reef area of the mine, where production has been stopped. Management said they will not provide further details about the incident, as it should first be investigated by the Inspector...Read More

Africa-focused Caledonia Mining Corp. (TSE:CAL) revealed Monday that one person died on February 23, following an accident at its Blanket gold mine in southwestern Zimbabwe.The fatality occurred in the Blanket Quartz Reef area of the mine, where production has been stopped. Management said they will not provide further details about the incident, as it should first be investigated by the Inspector...Read More

Feb 27 (Reuters) - Australian shares are expected to open higher on Tuesday as risk appetite may remain supported by a strong performance on Wall Street overnight.The local share price index futures rose 0.5 percent, or 35 points, to 6,050, a 7.8-point premium to the underlying S&P/ASX 200 index close. The benchmark ended Monday up 0.7 percent.New Zealand's benchmark S&P/NZX 50 index rose...Read More

SAO PAULO, Feb 26 (Reuters) - Brazilian healthcare insurer Notre Dame Interm?(C)dica Participa???ues SA filed on Monday for an initial public offering on the Sao Paulo stock exchange, according to documents filed with the Brazil's securities regulator CVM.The offering will have a primary portion, in which the company will issue new shares, and a secondary portion, in which controlling shareholder...Read More

Dr Cath O'Neill, chief executive of SkinBioTherapeutics PLC (LON:SBTX), caught up with Proactive's Andrew Scott following the release of the skin-health specialist's interim results.She says they remain on track with the development of their three flagship programmes - in particular the upcoming first human study for the cosmetic application of the compound which is planned for the third quarter o...Read More