| | | NEW YORK (Reuters) - Stock index futures dipped in low volume on Wednesday following three days of gains on Wall Street as traders awaited more signals about central bank action in support of a stalling global economy. | | | | | | By Carrick Mollenkamp and Emily Flitter and Karen Freifeld | | | | | WASHINGTON (Reuters) - Nonfarm productivity rose more than expected in the second quarter as companies expanded output but only modestly increased the hours worked by their employees, data from the Labor Department showed on Wednesday. | | | | | | | NEW YORK/LONDON (Reuters) - Standard Chartered won some help from Britain's central bank governor on Wednesday in its fightback against the New York banking regulator's allegations that it had hidden $250 billion of transactions with Iran. | | | | | | | LONDON (Reuters) - Britain's economy will barely grow this year and may have taken a bigger hit from the euro zone debt crisis than thought, the Bank of England said on Wednesday, but it gave little indication that it would rush to pour further stimulus into the economy. | | | | | | | SINGAPORE/LONDON (Reuters) - Heineken's resolve to buy out Asia Pacific Breweries (APB), the maker of Tiger beer, is being tested by a group linked to Thailand's second-richest man as the fight for a bigger slice of one of the world's fastest-growing beer markets intensifies. | | | | | | | AMSTERDAM (Reuters) - Rupert Murdoch's international media business, FOX International Channels (FIC), is to buy a majority stake in a Dutch cable television soccer broadcaster, in a deal media reports said was worth around 1 billion euros ($1.24 billion). | | | | | PARIS (Reuters) - France's economy is likely to slip into a shallow recession in the third quarter, the Bank of France said on Wednesday, dashing hopes for a robust recovery this year and adding to signs that Europe's economic prospects are worsening. | | | | LONDON/BERLIN (Reuters) - Investors snapped up safe-haven German 10-year bonds at auction on Wednesday, reflecting uncertainty over policymakers' latest plans to get to grip with the three-year old euro zone debt crisis. | | | | MILAN (Reuters) - Wary Italian banks are parking their money in government bonds rather than using it to boost business activity by lending to firms, signaling no let-up in the credit crunch that is crippling the euro zone's third largest economy. | | | | | | | 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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