Business Today: Stock futures tick higher before Fed meeting

		Click to View in Browser 09/11/2012 Stock futures tick higher before Fed meeting NEW YORK (Reuters) - Stock futures edged up on Tuesday as investors exercised caution ahead of possible policy action from the Federal Reserve and a key decision by a German court. July trade gap widens slightly as exports to Europe slump WASHINGTON (Reuters) - The U.S. trade deficit grew slightly in July, as exports to Germany, France and other European nations shrank and imports from China soared to a new record. Apple turns legal guns on Polish retailer A.pl WARSAW (Reuters) - Apple, fresh from a patent victory against South Korean rival Samsung, has turned its sights on a smaller target - Polish online grocery website A.pl. German top court rejects delay to euro ruling BERLIN (Reuters) - Germany's Constitutional Court will go ahead with a long-awaited ruling on Wednesday on the legality of the euro zone's new permanent bailout fund and budget rules, despite a last-minute legal challenge by a member of parliament. Burberry warning sends shiver through luxury sector LONDON (Reuters) - British fashion brand Burberry issued a profit warning on Tuesday, the clearest sign yet that slowing economic growth in China and Europe's debt crisis are bringing a boom in demand for luxury clothes and accessories to a halt. BlackRock fined $15 million for UK rules breach LONDON (Reuters) - BlackRock, the world's largest asset manager, has been fined 9.5 million pounds ($15 million) by Britain's financial regulator for failing to adequately protect client deposits. McDonald's August same-store sales rise, but miss views (Reuters) - McDonald's Corp reported a weaker-than-expected 3.7 percent rise in August sales at established restaurants around the world on Tuesday, as austerity measures in Europe and global economic volatility weighed on results. Legg Mason CEO Fetting to step down (Reuters) - Money manager Legg Mason Inc said Chief Executive Mark Fetting will resign effective October 1 and named Joseph Sullivan interim CEO, as the firm grapples with customer withdrawals. European crisis darkens Asian growth outlook further TIANJIN, China (Reuters) - The downside risks to the global economy from Europe's debt crisis should not be understated and Asian export growth could be in particular jeopardy, Zhu Min, deputy managing director of the International Monetary Fund, said on Tuesday. Qatar keeps Glencore guessing on Xstrata bid LONDON (Reuters) - Qatar, Xstrata's second-largest investor, has held back immediate support for Glencore's raised bid for the miner, despite an apparent rapprochement last week, saying in a rare statement on Tuesday it was still considering its position. Related Video The anatomy of the Apple rumour mill Witness: The islands whipping up a diplomatic storm Economic News Small business confidence rises in August July trade gap widens slightly as exports to Europe slump 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