  | | | | | NEW YORK (Reuters) - Wall Street was set to rally on the first trading day of 2013, after lawmakers agreed a deal to avoid massive tax hikes and spending cuts that had threatened to hurt economic growth. | | |  | | | | | WASHINGTON (Reuters) - The United States averted economic calamity on Tuesday when lawmakers approved a deal to prevent huge tax hikes and spending cuts that would have pushed the world's largest economy off a "fiscal cliff" and into recession. | | | |  | | | | | LONDON/SINGAPORE (Reuters) - Euro zone factories sank deeper into recession in December as new orders tumbled, business surveys showed on Wednesday, a sharp contrast to continuing signs of revival in China. | | | |  | | | | | (Reuters) - Apple Inc has started testing a new iPhone and the next version of its iOS software, news website The Next Web reported. | | | |  | | | | | SEOUL/BRUSSELS (Reuters) - ArcelorMittal , the world's biggest steelmaker, will sell a 15 percent stake in one of its Canadian iron ore operations, raising $1.1 billion to help pay off debt at a time of sluggish demand. | | | |  | | | | | LONDON (Reuters) - A long-awaited deal to avoid a U.S. fiscal crisis prompted a broad global market rally on Wednesday, with shares and commodities rising sharply while the dollar and safe-haven government bonds fell. | | | |  | | | | | NEW YORK (Reuters) - Borrowing by small U.S. businesses rose marginally in November, indicating they were essentially on hold in terms of growing their enterprises in the face of economic and government fiscal uncertainty, a report on Wednesday showed. | | | |  | | | | | (Reuters) - Car rental company Avis Budget Group Inc will buy Zipcar Inc for about $500 million in cash to join larger rivals Hertz Global Holdings Inc and Enterprise Holdings Inc in the fast-growing U.S. car-sharing market. | | |  | | | | | MOSCOW (Reuters) - Russia's decision not to ban grain exports after another poor harvest shows its leaders recognize that the embargo imposed after the failed 2010 crop was a mistake. | | |  | | | | | LONDON (Reuters) - British factory activity jumped unexpectedly in December to grow at its fastest pace since September 2011, a survey showed on Wednesday, raising the chance that the economy eked out growth at the end of 2012. | | | |  |  | | | 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 | |
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