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Tuesday, April 2, 2013

Business Today: Stock futures point to higher open, S&P 500's record in view

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04/2/2013
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Stock futures point to higher open, S&P 500's record in view
NEW YORK (Reuters) - Stock index futures pointed to a higher open on Tuesday, suggesting a rebound from the previous session and again putting the S&P 500 within striking distance of its all-time intraday high.
Analysis: BoJ's Kuroda tested by divided board
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda is struggling to build a consensus ahead of his first central bank board meeting this week, risking disappointing markets that expect hefty bond purchases and a radical shift in its policymaking framework.
Chrysler posts best monthly sales since December 2007
DETROIT (Reuters) - Chrysler Group said its vehicle sales in March were the best since December 2007, and estimated the industry's annual sales rate last month was 15.6 million.
ANA to put pilots through Dreamliner resumption training: sources
TOKYO (Reuters) - All Nippon Airways, the biggest customer for Boeing Co's grounded 787 Dreamliner, will put its pilots through training to resume flights in June, sources told Reuters, after Boeing completed more than half of its tests to get its new battery system certified.
Cyprus finance minister quits, capital controls partly eased
NICOSIA (Reuters) - Cypriot Finance Minister Michael Sarris quit on Tuesday after concluding talks with foreign lenders on a bailout that forced the island to slap unprecedented losses on bank depositors in return for aid.
AstraZeneca suffers fresh drug patent setback in U.S.
LONDON (Reuters) - AstraZeneca has suffered a fresh patent setback with a U.S. court decision that a patent protecting its Pulmicort Repsules asthma treatment is invalid, clearing the way for a generic copy from Actavis.
Exxon, BHP plan world's largest floating LNG plant off Australia
PERTH (Reuters) - Exxon Mobil and BHP Billiton are planning to build the world's largest floating liquefied natural gas (LNG) processing and export plant off the northwestern shore of Australia, despite growing concerns about the cost competitiveness of the country's LNG projects.
UBS's Burnett joins mate Dowie for Asia StanChart role
SINGAPORE/HONG KONG (Reuters) - Standard Chartered PLC has hired Peter Burnett from UBS AG as its North East Asia head of corporate finance, beefing up its senior leadership with another high-profile regional veteran of the Swiss investment bank.
Glencore pushes back Xstrata deal due to China probe
LONDON (Reuters) - Glencore said on Tuesday it had again extended the date by which it expects to close its merger with Xstrata, due to the ongoing investigation into the deal in China.
Like employment, demand for office space improves
NEW YORK (Reuters) - The office vacancy rate fell only slightly during the first quarter, as a lack of significant job growth continued to impede demand for space, according to a quarterly report released on Tuesday.
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