  | | | | | Stock index futures edged lower on Monday after the best two weeks for the S&P 500 in three months left the index at its highest level in nearly five years, with investors turning their attention to the economy and instability in the Middle East. | | |  | | | | | WASHINGTON/GENEVA (Reuters) - China filed a trade complaint on Monday to challenge a new U.S. law allowing duties on subsidized goods from China in a tit-for-tat exchange with the United States after Washington said it would launch a complaint against Beijing's support for car exports. | | | |  | | | | | (Reuters) - AT&T, the No. 2 U.S. mobile service provider, said it set a sales record with Apple's iPhone 5 over the weekend, making it the fastest-selling iPhone the company has ever offered. | | | |  | | | | | PARIS (Reuters) - Talks to create a new European defense giant enter a perilous political phase this week, with national concerns growing over security and jobs while BAE Systems and EADS look ready to scrap their $45 billion merger if governments make too many demands. | | | | | | | GENEVA/BEIJING (Reuters) - China filed a complaint at the World Trade Organization on Monday to challenge a new U.S. law on "countervailing duties", or tariffs intended to combat export-promoting subsidies. | | | |  | | | | | ZURICH (Reuters) - Credit Suisse said it would transfer more information on its money management arm for wealthy Americans to U.S. officials, including more names of its own employees, as part of an effort to settle a tax evasion probe. | | | | | | | DUBAI (Reuters) - Bahrain Telecommunications Co is in talks with Cable & Wireless Communications to buy its assets in Monaco and a host of island nations, a deal potentially worth around $1 billion, three banking and industry sources said. | | | |  | | | | | BERLIN (Reuters) - German Chancellor Angela Merkel said on Monday that she hoped to have agreed by the end of the year a process towards closer political co-ordination and greater accountability within the euro zone. | | |  | | | | | (Reuters) - The Treasury Department is unwilling to sell the government's stake in General Motors Co because a sale now would mean huge investment losses, the Wall Street Journal reported on Monday, citing people close to the matter. | | |  | | | | | MUMBAI (Reuters) - India's central bank left interest rates unchanged but cut the cash reserve ratio for banks on Monday, disappointing market hopes that it would follow up the government's unexpected spate of bold reform measures by reducing borrowing costs. | | | |  |  | | | 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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