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Friday, November 11, 2011

U.S. Top News Early Edition: Italy pushes through austerity

Reuters
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11/11/2011
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LATEST NEWS
Italy pushes through austerity
ROME/ATHENS (Reuters) - Italy's parliament is rushing through austerity measures demanded by the European Union to avert a euro zone meltdown, after President Barack Obama ratcheted up pressure for more dramatic action from the currency bloc. | Full Article
Exclusive: Politics stymie China's EU aid offer: sources
November 11, 2011 08:28 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 08:30 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 08:57 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
APEC CEOs to world leaders: boost trade and growth
November 11, 2011 08:48 AM ET
HONOLULU (Reuters) - Asia-Pacific CEOs will press world leaders on Friday to boost growth and seal a regional trade deal, goals made more urgent by the European debt crisis that has darkened global economic growth prospects. | Full Article
BUSINESS NEWS
Futures advance ahead of Italy austerity vote
November 11, 2011 08:29 AM ET
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
S&P's French rating mistake very serious, to be investigated: EU
November 11, 2011 08:32 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
Citi to sell EMI units for $4.1 billion: report
November 11, 2011 09:03 AM ET
(Reuters) - Vivendi's Universal Music Group is set to buy EMI's recorded-music unit for $1.9 billion, while a group led by Sony's music division will buy the publishing operation of the British music company for $2.2 billion, the Wall Street Journal reported on Friday. | Full Article
MF Global Asia sale hampered by problems unwinding trades
November 11, 2011 08:30 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
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
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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