| | | PARIS (Reuters) - Stock index futures were down on Friday, pointing to a lower open on Wall Street, after JPMorgan Chase & Co stunned investors with news of "significant mark-to-market losses" that it said could "easily get worse." | | | | | | SAN FRANCISCO (Reuters) - Facebook Inc's record initial public offering is already oversubscribed, a source familiar with the share listing said, days after the world's largest social network embarked on a cross-country roadshow to drum up investor enthusiasm. | | | | | | | (Reuters) - JPMorgan Chase & Co, the biggest U.S. bank by assets, said it suffered a trading loss of at least $2 billion from a failed hedging strategy, a shock disclosure that hit financial stocks and the reputation of the bank and its CEO, Jamie Dimon. | | | | | | | TOKYO (Reuters) - Shares in Sony Corp slumped more than 7 percent to near 32-year lows, as investors doubted the Japanese consumer electronics giant has a strategy to fix its loss-making TV business and compete in the smartphone market against Apple Inc and Samsung Electronics. | | | | | | | LONDON (Reuters) - Banks are quietly readying themselves to start trading a new Greek currency. Some banks never erased the drachma from their systems after Greece adopted the euro more than a decade ago and would be ready at the flick of a switch if its debt problems forced it to bring back national banknotes and coins. | | | | | | | LONDON (Reuters) - Royal Dutch Shell said it welcomed Qatar as a "major" investor following a report saying that the Gulf state's sovereign wealth fund was planning to buy a 3-5 percent stake. | | | | | | | (Reuters) - The U.S. Federal Trade Commission has reached out to Google Inc and Twitter in an investigation into Facebook Inc's $1 billion acquisition of photo-sharing service Instagram, a source familiar with the probe told Reuters. | | | | | | | SAN FRANCISCO (Reuters) - Yahoo Inc Chief Executive Scott Thompson, at the centre of a row over his educational qualifications, told his top executives on Thursday he never provided a resume or incorrect information to Yahoo, a source familiar with the situation said. | | | | LONDON (Reuters) - Argentina's planned takeover of Spanish oil group Repsol's YPF unit could scare away international firms from investing in the South American country, the International Energy Agency said on Friday. | | | | (Reuters) - Luxury car maker Jaguar Land Rover (JLR) will spend an additional 1 billion pounds ($1.62 billion) with UK suppliers over the next four years, the company said, as strong global demand for its Range Rover Evoque model continues. | | | | | | | 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 | |
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