Business Today: Oil prices down again as UAE defends production hold

		Click to View in Browser 01/13/2015 Oil prices down again as UAE defends production hold LONDON (Reuters) - Crude oil prices hit their lowest in almost six years on Tuesday in a market readying for further falls, as a big OPEC producer stood by the group's decision not to cut output to tackle a supply glut. Futures higher after two-day decline, Alcoa results NEW YORK (Reuters) - U.S. stock index futures climbed on Tuesday after the S&P 500 fell for a second consecutive session, as financial results from Alcoa helped ease some investor skittishness about the corporate earnings season. China December trade more robust than expected, but concerns linger BEIJING/SHANGHAI (Reuters) - China's December trade data beat expectations as demand from a stronger U.S. economy helped offset weakness in Europe and Japan, while Chinese bargain-shopping in commodities markets put a floor under sliding imports. Airbus says beats Boeing in 2014 order race TOULOUSE, France (Reuters) - Airbus clung to the top spot in commercial plane orders by confirming it outsold Boeing last year, while failing to close a gap in deliveries that leaves its U.S. rival as the world's largest plane manufacturer for the third year running. Citigroup quietly scales back in consumer banking NEW YORK (Reuters) - Citigroup Inc has been quietly scaling back its consumer banking presence in some of the world's major cities, pulling out from markets where it does not have enough branches to be competitive. U.S. insurer MetLife to sue regulators over 'systemic' tag WASHINGTON (Reuters) - MetLife said it would file on Tuesday a lawsuit against regulators subjecting it to tougher oversight, challenging their verdict the firm harbors enough risk to endanger the financial system in a crisis. Exclusive: Facebook, Xiaomi discussed possible investment in the Chinese smartphone maker - sources HONG KONG/BEIJING (Reuters) - Mark Zuckerberg and Xiaomi Inc CEO Lei Jun discussed a potential investment by Facebook in China's top smartphone maker ahead of its $1.1 billion fundraising last month, but a deal never materialized, several people with knowledge of the matter told Reuters. Russell Stover buy boosts Swiss chocolate maker Lindt ZURICH (Reuters) - The takeover of U.S. candymaker Russell Stover will fuel growth for Swiss chocolate maker Lindt & Spruengli after strong demand for premium products boosted sales in 2014, the company said on Tuesday. Investors may wait longer for higher dividends from U.S. banks NEW YORK (Reuters) - Investors had hoped that the biggest U.S. banks would boost dividend payments substantially in 2015, but recent events including slumping oil prices will make it harder for banks to pay out more. European banks face $52 billion in litigation costs: Morgan Stanley LONDON (Reuters) - Royal Bank of Scotland and Barclays may have to pay some of the biggest bills from an estimated $52 billion in fines and other litigation costs facing Europe's banks in the next two years, Morgan Stanley analysts said. Related Video Fed official: U.S. labor market "slack" nearly over Facebook seeks friends in China Economic News Wall St. pulls back from record; utilities slump U.S. consumer confidence rises in December 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