Reuters - British inflation eased in March for the first time since last summer as grocers cut food prices, reducing the chance of a Bank of England rate hike in May and giving it leeway to support the still shaky economy.
Business
Global stocks knocked by Japan nuclear worries (AP)
AP - Stocks fell Tuesday after Japan said the crisis at a stricken nuclear plant is as severe as the 1986 Chernobyl disaster.
European stocks slide as traders avoid risky bets (AFP)
AFP - European stock markets slid Tuesday in the absence of risky trades amid concerns over the strength of the world's top economies.
IEA warns oil price rally may lead to global slowdown (Reuters)
Reuters - Sky-high oil prices are beginning to dent oil demand growth, the International Energy Agency said on Tuesday, but added prices could ultimately moderate through a global economic slowdown.
G20 ministers to set imbalances guidelines this week (Reuters)
Reuters - Group of 20 finance ministers and central bankers meeting in Washington later this week are expected to reach an agreement on guidelines to identify global economic imbalances, French government sources said on Tuesday.
Nasdaq, D.Boerse eye shareholders in NYSE battle (Reuters)
Reuters - Nasdaq OMX Group and Deutsche Boerse are wooing major NYSE Euronext shareholders, as both exchanges stand by their bids for the Big Board parent and dig in for a drawn-out battle.
Indian IT firms set for robust outlook as tech spending rises (Reuters)
Reuters - India's top three technology firms are likely to post strong quarterly profit and indicate robust revenue growth for the year ending March 2012 as overseas clients boost technology spending in an improving global economy.
FTSE down 0.71 percent at open (AFP)
AFP - Stock markets fell at the start of trading on Tuesday, with London's benchmark FTSE 100 index down 0.71 percent to 6,009.97 points.
Japan quake's economic impact worse than first feared (Reuters)
Reuters - The economic damage from Japan's massive earthquake and tsunami last month is likely to be worse than first thought as power shortages curtail factory output and disrupt supply chains, the country's economics minister warned on Tuesday.
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