Business Today: Twitter reveals rip-roaring growth, big losses ahead of IPO

		Click to View in Browser 10/4/2013 Twitter reveals rip-roaring growth, big losses ahead of IPO SAN FRANCISCO (Reuters) - Twitter Inc, racing toward the largest Silicon Valley IPO since Facebook Inc's 2012 coming-out party, hopes to woo investors with rip-roaring revenue growth despite having posted big losses over the past three years. Futures point to slight gains at the open NEW YORK (Reuters) - U.S. stock index futures pointed to a slightly higher open on Friday, though the uncertain outcome of a partial U.S. government shutdown continued to worry investors. Bank of Japan warns of severe global impact from U.S. fiscal standoff TOKYO (Reuters) - A prolonged U.S. budget standoff would hit global markets very hard, the Bank of Japan warned on Friday as it said it was ready to top up its existing massive stimulus if the recovery underway in the world's third-largest economy was threatened. Washington debt row hits European stocks with U.S. tilt LONDON (Reuters) - European companies with big sales in the United States are already suffering from the threat of a protracted political standoff over the U.S. budget, with analysts cutting earnings forecasts and shares underperforming. U.S. debt row keeps dollar near eight-month low, stocks subdued LONDON (Reuters) - The government shutdown and impending debt deadline in the United States kept the dollar near an eight-month low despite signs of a fight back on Friday and drove world shares towards a second week of losses. Barclays wraps up $9.4 billion cash call to bolster capital LONDON (Reuters) - Barclays completed its 5.8 billion pound ($9.4 billion) fundraising on Friday to meet a capital shortfall identified by its regulator, after almost 95 percent of the British bank's investors stumped up more cash. Exclusive: Drug firm Ikaria on the block for more than $2 billion - sources NEW YORK (Reuters) - Ikaria Inc, a private equity and venture capital-backed company whose products are focused on critically ill patients, is exploring a sale that it hopes could value it at more than $2 billion, three people familiar with the matter said this week. Exclusive: AgustaWestland invokes arbitration over India chopper deal NEW DELHI (Reuters) - AgustaWestland has invoked arbitration over a scandal-tainted deal to sell helicopters to the Indian government, according to a statement on Friday from the unit of Italy's Finmeccanica . UK banks slow to compensate firms for swaps mis-selling LONDON (Reuters) - British banks have paid out only a fraction of the 3 billion pounds ($4.85 billion) they set aside to compensate small firms mis-sold complex hedging products, drawing criticism from businesses and the financial watchdog. Euro zone August factory prices flat, inflation pressures ebbing BRUSSELS (Reuters) - Euro zone producer prices defied expectations of a small rise and were flat in August against July, underlining the absence of inflationary pressures and signaling the European Central Bank can keep its loose monetary policy to help the recovery. Related Video Factbox: Twitter files for up to $1bln IPO Downfall? Sex, scandal and sleaze catch up with Berlusconi Economic News U.S. shutdown seen dragging on as debt ceiling fight nears Analysis: U.S. default seems unthinkable but investors have options 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