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Friday, December 23, 2011

Business Today: U.S. economy hopes lift European stocks

Reuters
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12/23/2011
News Good Morning
LATEST NEWS
U.S. economy hopes lift European stocks
LONDON (Reuters) - A better outlook for the U.S. economy boosted European stocks and supported the euro on Friday, but any gains in the holiday-thinned markets are likely to prove short-lived with concerns about the euro zone debt crisis undiminished. | Full Article
Analysis: Economy to show stamina as global growth slows
December 23, 2011 08:16 AM ET
WASHINGTON (Reuters) - The economy is gaining momentum and should push through next year with only a few bruises despite an almost certain European recession and slower global growth. | Full Article
Exclusive: China's CIC to get $50 billion boost
December 23, 2011 05:53 AM ET
BEIJING (Reuters) - China's $410 billion sovereign wealth fund China Investment Corp. is set to receive additional funding of up to $50 billion, two sources said, a step that could help it move quickly to buy overseas assets, especially in Europe. | Full Article
Exclusive: Petronas in talks with oil majors for petchem tie-up
December 23, 2011 05:52 AM ET
KUALA LUMPUR (Reuters) - Petronas is in talks with several global oil majors including Shell and Exxon Mobil to develop petrochemical plants within its $20 billion refinery complex in southern Malaysia, two sources with direct knowledge of the matter said. | Full Article
Clearing in spotlight after MF Global debacle
December 23, 2011 07:50 AM ET
LONDON (Reuters) - The collapse of U.S. futures brokerage MF Global has brought to light inconsistencies in the way clearing houses operate, prompting questions over regulatory plans to use more of these platforms to make markets safer. | Full Article
US TOP NEWS
Congress poised to pass payroll tax cut deal
December 23, 2011 01:14 AM ET
(Reuters) - Congress, after months of bitter fighting, is poised on Friday to pass a payroll tax cut extension that President Barack Obama argues is vital to the health of the economy. | Full Article
Forty killed, 100 wounded in Damascus blasts: Syrian TV
December 23, 2011 08:20 AM ET
BEIRUT (Reuters) - Forty people were killed and 100 wounded in two blasts which struck Damascus on Friday, Syria's Dunia television channel reported, quoting its correspondent on the scene. | Full Article
In ad for newsletter, Ron Paul forecast "race war"
December 22, 2011 08:35 PM ET
WASHINGTON (Reuters) - A direct-mail solicitation for Ron Paul's political and investment newsletters two decades ago warned of a "coming race war in our big cities" and of a "federal-homosexual cover-up" to play down the impact of AIDS. | Full Article
Pakistan army chief says coup fears "speculation"
December 23, 2011 08:30 AM ET
ISLAMABAD (Reuters) - Pakistan's powerful military pledged on Friday to continue supporting democracy, reiterating it was not planning a takeover as tensions grew over a controversial memo alleging an army plot to seize power. | Full Article
World leaders bid farewell to Vaclav Havel
December 23, 2011 07:31 AM ET
PRAGUE (Reuters) - International leaders bade farewell on Friday to former Czech President Vaclav Havel, the anti-communist dissident who led the peaceful "Velvet Revolution" and inspired human rights campaigners around the world. | Full Article
HEALTH NEWS
France recommends removal of suspect breast implants
Where's the Beef: U.S. beef consumption in decline
Very preterm boys less likely to live than girls
High lead exposure linked to hearing loss in youth
Broken arms among boomers likely to rise: study
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