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Friday, November 29, 2013

Business Today: STock futures edge higher, on track for strong month

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11/29/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
STock futures edge higher, on track for strong month
NEW YORK (Reuters) - U.S. stock index futures edged higher on Friday, with investors reluctant to make big bets in an abbreviated session, though major indexes remained on track for their third straight month of strong gains.
Stores open early on Thanksgiving but shoppers in no rush
(Reuters) - Jill McCormack didn't mind waiting in the cold for five hours on Thursday. She was frozen, but first in line when the Macy's Inc flagship store in New York opened for the first time ever on Thanksgiving Day.
Price growth and jobless fall eases pressure on ECB to act
BRUSSELS (Reuters) - A pick-up in inflation this month eases pressure on the European Central Bank to act next week, and the first fall in unemployment in almost three years shows a tentative euro zone recovery is gaining traction.
London leads 11 percent jump in bankers earning 1 million euros
LONDON (Reuters) - More than 3,500 bankers in Europe earned 1 million euros ($1.4 million) or more last year after a big jump across the continent and in Britain, which had 12 times as many high earners as any other country.
Key Bangladesh garments factory destroyed in blaze
DHAKA (Reuters) - A devastating fire ripped through a Bangladesh garment factory supplying major Western retailers in a blaze set by workers angered over rumors of a colleague's death due to police gunfire.
Amazon Germany says more worried about snow than strikes
HAMBURG (Reuters) - Amazon.com Inc has no intention of bowing to pressure from striking workers in Germany, its second biggest market behind the United States, and is more worried about bad weather hurting Christmas deliveries, its country head said.
Credit Suisse ultra-rich Swiss head Boegli to step down: memo
ZURICH (Reuters) - Credit Suisse ultra-high net worth banker Rolf Boegli is stepping down at year-end due to health reasons, according to a memo seen by Reuters on Friday.
Lloyds set to appoint Lord Blackwell as chairman: source
LONDON (Reuters) - Lloyds Banking Group is on the verge of appointing Norman Blackwell, currently chairman of its Scottish Widows arm, as the company's new chairman, a person familiar with the matter said.
Swiss regulator urges banks to come clean on U.S. tax offences
ZURICH (Reuters) - Switzerland's financial regulator warned the country's banks on Friday to come clean to U.S. tax officials by an end of the year deadline and face penalties, or risk prosecution later.
European firms size up Iran's post-deal potential
BERLIN (Reuters) - The phone hasn't stopped ringing at the German-Iranian Chamber of Commerce since six world powers reached a deal with Tehran to curb its nuclear program, opening the prospect that Iran can begin to shake off its economic isolation.
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