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Thursday, February 7, 2013

Morning Digest: ECB's Draghi faces heat over euro, Monte Paschi

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02/7/2013
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ECB's Draghi faces heat over euro, Monte Paschi
FRANKFURT (Reuters) - Mario Draghi faces a grilling over the European Central Bank's sensitivity to the euro's sharp rise and his connection to an Italian banking scandal at an ECB meeting on Thursday where interest rates are almost certain to be unchanged..
Khamenei rejects offer of direct talks with U.S.
DUBAI (Reuters) - Iran's highest authority, Ayatollah Ali Khamenei, on Thursday rejected an offer of direct talks made by U.S. Vice President Joe Biden this week, saying they would not solve the problems between them, Iranian media reported..
Stock index futures signal mixed open
PARIS (Reuters) - Stock index futures pointed to a mixed open on Wall Street on Thursday. Futures for the S&P 500 were down 0.05 percent, Dow Jones futures down 0.07 percent and Nasdaq 100 futures up 0.05 percent at 0933 GMT..
Grunge, punk styles set to rock New York Fashion Week runways
NEW YORK (Reuters) - Grunge and punk are poised for comebacks for fall and winter, say top U.S. department store buyers at New York's Fashion Week, which starts on Thursday, but don't rip up your flannel shirt just yet as the revival will be taking on a more feminine flair..
Lakers' Gasol out indefinitely with foot injury
LOS ANGELES (Reuters) - Los Angeles Lakers forward Pau Gasol has been sidelined indefinitely after sustaining a tear in his right foot, his team said on Wednesday..
Zynga profit tops views, but it forecasts lower revenue
SAN FRANCISCO (Reuters) - Zynga Inc, the one-time Silicon Valley darling that has been wrestling with a months-long exodus of online gamers, reported an unexpected fourth-quarter profit on Tuesday after embracing steep cost cuts and shifting forward deferred revenue..
Blimps to bolster Washington's air shield in test
WASHINGTON (Reuters) - A pair of big, blimp-like craft, moored to the ground and flying as high as 10,000 feet, are to be added to a high-tech shield designed to protect the Washington D.C. area from air attack, at least for a while..
Big Mac prices show which euro zone states best at belt-tightening
BRUSSELS (Reuters) - Forget about statistics for employment and industrial production, it is being claimed that the price of a hamburger is showing where Europe's economic reforms are working - and where they are not..
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