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Friday, November 11, 2011

Business Today: Futures rise ahead of Italy austerity vote

Reuters
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11/11/2011
News Good Morning
LATEST NEWS
Futures rise ahead of Italy austerity vote
NEW YORK (Reuters) - Stock index futures rose on Friday with markets hopeful that debt-laden Italy will implement tough austerity measures crucial to avoid a euro zone meltdown. | Full Article
Italy pushes through austerity, U.S. applies pressure
November 11, 2011 08:19 AM ET
ROME/ATHENS (Reuters) - Italy's parliament is rushing through austerity measures demanded by the European Union to avert a euro zone meltdown, after U.S. President Barack Obama ratcheted up pressure for more dramatic action from the currency bloc. | Full Article
MF Global Asia sale hampered by problems unwinding trades
November 11, 2011 08:21 AM ET
SINGAPORE/SYDNEY (Reuters) - MF Global's liquidators are struggling to sell the Asian business as one concern because of problems unwinding trading positions, so they may now sell the various country units separately. | Full Article
S&P's French rating mistake very serious, to be investigated: EU
November 11, 2011 07:47 AM ET
BRUSSELS (Reuters) - An erroneous downgrade of French sovereign credit rating by Standard & Poor's rating agency on Thursday was a very serious incident and will have to be investigated, the European Commission said on Friday. | Full Article
Gulf airline expansion to roll on despite European turbulence
November 11, 2011 08:07 AM ET
Dubai (Reuters) - Gulf airlines and lessors could splash out more than $20 billion on Airbus and Boeing jets at next week's Dubai air show, underscoring the region's role as the industry's chief paymaster amid Europe's worsening sovereign debt crisis. | Full Article
US TOP NEWS
Exclusive: Politics stymie China's EU aid offer
November 11, 2011 08:18 AM ET
BEIJING (Reuters) - Diplomatic deadlock is curbing China's will to provide cash to help end the euro zone crisis after Europe spurned the simplest of Beijing's three key demands, two independent sources have told Reuters. | Full Article
Analysis: Olympus medical business too big to fail
November 11, 2011 08:11 AM ET
TOKYO (Reuters) - Japan's Olympus Corp risks collapsing under a massive accounting scandal, but the company's big and profitable medical business is likely to emerge from any wreckage unharmed. | Full Article
U.S. punts tricky pipeline decision past 2012 election
November 11, 2011 08:12 AM ET
WASHINGTON (Reuters) - The U.S. government on Thursday delayed approval of a Canada-to-Texas oil pipeline until after the 2012 U.S. election, bowing to pressure from environmentalists and sparing President Barack Obama a damaging split with liberal voters he may need to win reelection. | Full Article
Cain defamation lawyer hired to monitor accusations
November 11, 2011 08:18 AM ET
WASHINGTON (Reuters) - Republican presidential candidate Herman Cain has hired a high-profile defamation lawyer to keep an eye on the sexual harassment accusations made public by two women this week. | Full Article
Insight: Risk, lax oversight riddle MF Global's past
November 11, 2011 08:19 AM ET
WASHINGTON (Reuters) - Long before the brokerage firm MF Global collapsed into bankruptcy and prompted a frantic search for missing customer money, the company had already established a checkered history. | Full Article
HEALTH NEWS
Insight: In Greek crisis, HIV gains ground
Europe health check shows TB, measles, other worries
Big belly before pregnancy may mean extra-big baby
Warm-ups cut sports injuries in teen girls: study
FDA stings retailers for selling tobacco to minors
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