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Tuesday, January 3, 2012

Business Today: Futures jump after Chinese, German data

Reuters
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01/3/2012
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LATEST NEWS
Futures jump after Chinese, German data
NEW YORK (Reuters) - Stock index futures rose sharply on Tuesday as upbeat Chinese and German data boosted optimism about the global economy after the S&P 500 index ended flat in 2011. | Full Article
Same-store sales seen up 4.3 percent in December
January 03, 2012 12:12 AM ET
(Reuters) - When top retailers post their December sales this week, Wall Street analysts are expecting them to report a healthy end to the holiday season, helped by discounts, improved consumer sentiment and tactics like extended hours and layaways. | Full Article
BP sues Halliburton over $42 billion oil spill bill
January 03, 2012 08:16 AM ET
LONDON (Reuters) - BP has called on contractor Halliburton to pay all costs and expenses it incurred to clean up the 2010 Gulf of Mexico oil spill, which the oil major previously put at around $42 billion. | Full Article
Analysis: Asia's double-edged currency sword
January 02, 2012 09:15 AM ET
SINGAPORE (Reuters) - The roller-coaster ride for Asian currencies, which saw only the yen and yuan post significant gains for the year against the U.S. dollar, is set to continue in 2012. | Full Article
Total signs $2.3 billion shale deal with Chesapeake
January 03, 2012 07:43 AM ET
PARIS (Reuters) - Oil major Total SA signed a $2.3 billion deal with Chesapeake Energy Corp and EnerVest, continuing a trend of European and Asian oil and gas companies buying into U.S. shale plays. | Full Article
US TOP NEWS
Iran threatens U.S. Navy as sanctions hit economy
January 03, 2012 07:42 AM ET
TEHRAN (Reuters) - Iran threatened Tuesday to take action if the U.S. Navy moves an aircraft carrier into the Gulf, Tehran's most aggressive statement yet after weeks of saber-rattling as new U.S. and EU financial sanctions take a toll on its economy. | Full Article
Tight race in Iowa kicks off 2012 campaign
January 03, 2012 08:30 AM ET
DES MOINES, Iowa (Reuters) - Iowa Republicans cast the first votes of the 2012 White House campaign on Tuesday, with Mitt Romney, Rick Santorum and Ron Paul in a high-stakes battle to win the party's kick-off nominating contest. | Full Article
Arab League says Syria monitors helping, activists skeptical
January 03, 2012 08:33 AM ET
BEIRUT (Reuters) - The head of the Arab League said its peace monitors were helping to ease a violent crackdown on anti-government protests in Syria but activists said the organization was being manipulated by President Bashar al-Assad's forces. | Full Article
Exclusive: Pakistan Taliban commanders "at each other's throats"
January 03, 2012 07:31 AM ET
ISLAMABAD (Reuters) - Al Qaeda, the Afghan Taliban and Pakistani militants have held a series of meetings aimed at containing what could soon be open warfare between the two most powerful Pakistani Taliban leaders, militant sources have said. | Full Article
New FAO chief says food prices may ease in 2012
January 03, 2012 08:19 AM ET
ROME (Reuters) - Food prices may ease in 2012 due to a slowing global economy, though no drastic drop from high levels is expected, the new director-general of the U.N.'s Food and Agriculture Organisation said on Tuesday. | Full Article
HEALTH NEWS
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