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Wednesday, December 7, 2011

Business Today: Stock futures flat on caution over EU summit

Reuters
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12/7/2011
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Stock futures flat on caution over EU summit
NEW YORK (Reuters) - Stocks index futures were little changed on Wednesday after two days of gains as investors waited to see if European officials can craft a plan to combat the region's debt crisis at a summit this week. | Full Article
France vows powerful summit deal
December 07, 2011 08:30 AM ET
PARIS/BERLIN (Reuters) - The leaders of France and Germany will not leave this week's EU summit until a "powerful" deal is reached to arrest the euro zone debt crisis, Paris said on Wednesday, as new figures exposed ever more severe stress among Europe's banks. | Full Article
Exclusive: D.Boerse, NYSE mull spin-off on EU demands
December 07, 2011 08:34 AM ET
FRANKFURT (Reuters) - Deutsche Boerse AG and NYSE Euronext could spin off parts of their derivatives arms to create a third-party competitor as a way to allay anti-trust concerns about their $9 billion merger, two sources familiar with the Boerse's thinking said. | Full Article
Economists see France losing AAA in 3 months: Reuters poll
December 07, 2011 08:12 AM ET
PARIS (Reuters) - France will lose its AAA credit rating early next year regardless of last-ditch efforts by President Nicolas Sarkozy to resolve the euro zone crisis at an EU summit this week, a Reuters poll of economists showed on Wednesday. | Full Article
Olympus board signals it will quit
December 07, 2011 05:36 AM ET
TOKYO (Reuters) - Olympus Corp's board signaled plans to quit over a $1.7 billion accounting fraud, but will likely pick a team of potential successors, triggering a battle for control of the Japanese firm with the former CEO who blew the whistle on the scandal. | Full Article
US TOP NEWS
Obama hits Republicans, Wall Street in populist speech
December 07, 2011 07:15 AM ET
OSAWATOMIE, Kansas (Reuters) - President Barack Obama blasted his Republican foes and Wall Street on Tuesday as he portrayed himself as a champion of the middle class and laid out in the starkest terms yet the populist themes of his 2012 re-election bid. | Full Article
Assad says only "crazy" leaders kill own people
December 07, 2011 08:21 AM ET
BEIRUT (Reuters) - Syrian President Bashar al-Assad has denied ordering his troops to kill peaceful demonstrators, telling the U.S. television channel ABC that only a "crazy" leader kills his own people. | Full Article
Egypt's Islamists claim most seats in run-off vote
December 07, 2011 08:30 AM ET
CAIRO (Reuters) - Egypt's Muslim Brotherhood said on Wednesday it won most seats in a first-round parliamentary vote, with early tallies suggesting liberals had backed some of its candidates to block hardline Salafis. | Full Article
Malfunction likely put U.S. drone in Iranian hands
December 07, 2011 01:53 AM ET
WASHINGTON (Reuters) - The unmanned U.S. drone Iran said on Sunday it had captured was programmed to automatically return to base even if its data link was lost, one key reason that U.S. officials say the drone likely malfunctioned and was not downed by Iranian electronic warfare. | Full Article
Afghan bombs kill 78 in two days
December 07, 2011 08:30 AM ET
KABUL (Reuters) - A roadside mine killed 19 civilians and injured another five when it exploded in the southern Afghan province of Helmand on Wednesday, the provincial government said. | Full Article
HEALTH NEWS
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Women's post-natal depression linked to partners' abuse: study
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FDA eyes stronger warning on popular birth control
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