UPDATE 3-Bush tours site of wrecked Minnesota bridge

(Reuters) - MINNEAPOLIS, Aug 4 - Divers searched for bodies
in debris in the murky Mississippi on Saturday as President
George W. Bush toured the site of this week's deadly rush-hour
bridge collapse and promised quick federal help in rebuilding.




Bush got a bird's eye view of the ruined bridge in a
10-minute helicopter tour, then donned an orange hard hat and
wind-breaker to walk a section of the 40-year-old bridge on
foot as rain fell.


Read more at Reuters.com Bonds News

Court will wait to rule on CBOT exercise rights

(Reuters) - CME Group Inc., the world's largest futures exchange, was
created with the merger of CBOT Holdings Inc. and Chicago
Mercantile Exchange Holdings Inc. in July. The CBOE is the
largest U.S. options market.




The exercise rights allow full members of the Chicago Board
of Trade to trade options on CBOE without owning CBOE
membership.


Read more at Reuters.com Government Filings News

White Nile lobbying removal from Sudan oil block

(Reuters) - Britain's White Nile Plc is lobbying against a decision to remove them from south Sudan's oil Block B, saying it had halted all drilling work in the swampy area.

South Sudan's industry minister, Albino Akol Akol, told Reuters in July a long-standing dispute over the massive Block B had been resolved in favour of French oil giant Total SA which held rights to the block granted by the northern government.


Read more at Reuters Africa

Pound Has Biggest Weekly Gain Versus Yen Since June as Carry Trades Resume

(Bloomberg) -- The pound had its biggest weekly gain
since June against the yen as rebounding credit markets prompted
investors to restart so-called carry trades.

The pound posted a weekly advance against the dollar as
traders bought high-yielding currencies with loans from Japan.
The U.K. currency was also buoyed by speculation that the Bank of
England will raise interest rates at least once more from 5.75
percent by year-end.


Read more at Bloomberg Currencies News