Business Today: Stock futures pull back after advance as China data drags

		Click to View in Browser 09/10/2012 Stock futures pull back after advance as China data drags NEW YORK (Reuters) - Stock futures dipped on Monday, indicating the S&P 500 may pull back from its best weekly performance since June after data in China increased worries over a slowing global economy. PXP to buy U.S. Gulf assets from BP for $5.55 billion (Reuters) - Plains Exploration & Production Co said on Monday that it would buy BP Plc's stake in some deepwater Gulf of Mexico wells for $5.55 billion to boost its oil production. Treasury launches $18 billion AIG stock offering NEW YORK (Reuters) - The U.S. Treasury Department said it will sell most of its stake in insurer American International Group Inc, making the government a minority investor for the first time since it rescued the company in the depths of the financial crisis four years ago. Glencore tells Xstrata investors its bid is final LONDON (Reuters) - Commodities trader Glencore laid out what it said was a final $36 billion takeover offer for Xstrata on Monday, warning the miner's investors it would not improve the terms again after making concessions to woo recalcitrant shareholders. Euro zone sentiment rises for first time since March BERLIN (Reuters) - Euro zone investor sentiment improved this month for the first time since March thanks to the European Central Bank's plans to rescue the common currency, Sentix research group said on Monday. New Barclays boss weighs investment bank's future LONDON (Reuters) - The future of Barclays' investment bank is the most pressing issue for new chief executive Antony Jenkins to address when he speaks to investors and his own investment bankers on Monday. Weak China trade data raises Beijing spending stakes BEIJING (Reuters) - Weak Chinese trade data on Monday underlined the likelihood of more Beijing-backed spending to deal with the damage done to the domestic economy by firms cutting production, inventories and imports in the face of anemic global demand. Greece digs in for tough talks with lenders ATHENS (Reuters) - Greece acknowledged on Monday it was having trouble persuading its foreign lenders to accept a plan to save nearly 12 billion euros over the next two years, essential to unlocking the aid payments the country needs in order to avoid bankruptcy. Euro zone enters dangerous week buoyed by ECB PARIS (Reuters) - The euro zone enters a dangerous week, strewn with potential landmines, in a somewhat more optimistic mood after investors welcomed a European Central Bank plan to prevent a breakup of the single currency. Insight: GM's Volt - The ugly math of low sales, high costs (Reuters) - General Motors Co sold a record number of Chevrolet Volt sedans in August — but that probably isn't a good thing for the automaker's bottom line. Related Video Breakingviews: Accept Glencore's offer! Party over for China's export miracle Economic News Jobs rut tips scales in favor of Fed stimulus Job growth cools, posing challenge for Obama, Fed 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