Business Today: Stock futures flat after IMF cuts outlook, earnings eyed

		Click to View in Browser 10/9/2012 Stock futures flat after IMF cuts outlook, earnings eyed NEW YORK (Reuters) - U.S. stock index futures were little changed on Tuesday even after the IMF issued the latest forecast of slower global growth, leaving investors little reason to buy equities before the start of the U.S. quarterly earnings season. "Progress" on EADS-BAE merger as deadline nears PARIS/BRUSSELS (Reuters) - The boards of EADS and BAE Systems prepared to weigh the results of weeks of tough political negotiations over a $45 billion merger on Tuesday with momentum building for an extension to a Wednesday deadline for the deal. Draghi says Greece must do more on reforms BRUSSELS (Reuters) - Greece has made progress on reforming its economy but has more work to do, European Central Bank President Mario Draghi said on Tuesday. IMF warns global economic slowdown deepens, prods U.S., Europe TOKYO (Reuters) - The IMF said the global economic slowdown is worsening as it cut its growth forecasts for the second time since April and warned U.S. and European policymakers that failure to fix their economic ills would prolong the slump. How a Fed inflation hawk changed his mind CHICAGO (Reuters) - Narayana Kocherlakota surprised economists around the world last month when he called on the U.S. central bank to hold interest rates near zero, possibly for several years to come. Spain may get nod to ease pace of fiscal cuts LUXEMBOURG (Reuters) - The euro zone believes Spain's budget cuts should take account of its recession, its economy minister said, as regional policymakers debated whether to let the country slacken the pace of its austerity drive. Barclays shows retail intent with ING Direct deal LONDON (Reuters) - Barclays' new chief executive set the course firmly towards retail banking on Tuesday with his first deal since replacing Bob Diamond - the takeover of ING's British savings and loan business and its 1.5 million customers. NuPathe to cut half its jobs to conserve cash (Reuters) - NuPathe Inc said it would cut half of its workforce to reduce costs and focus on the regulatory approval of its experimental migraine patch. Italy ups 2012 gross funding target due to recession MILAN (Reuters) - A steeper-than-expected recession will force Italy to issue a larger amount of bonds and bills this year, a senior Treasury official said, making state funding at the end of 2012 even more challenging for a country with the world's fourth-largest debt. Geithner welcomes India's new drive for reform NEW DELHI (Reuters) - U.S. Treasury Secretary Timothy Geithner welcomed New Delhi's new-found appetite for economic reform on Tuesday, barely three months after Washington had voiced concern about India's deteriorating investment climate. Related Video U.S. Morning Call: IMF reiterates global growth concerns Market Pulse: Sterling sags after IMF warning Economic News U.S. jobless rate tumbles to near four-year low U.S. NFIB business optimism survey edges lower on hiring plans A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend