Business Today: Stock futures rise before factory data as new quarter begins

		Click to View in Browser 10/1/2012 Stock futures rise before factory data as new quarter begins NEW YORK (Reuters) - U.S. stock index futures rose on Monday at the start of a new quarter before data that could show the manufacturing sector is improving. Xstrata gives cautious blessing to $33 billion Glencore bid LONDON (Reuters) - Mining group Xstrata gave its long-awaited blessing on Monday to a revised $33 billion bid from trader Glencore, bowing to investor pressure by changing the deal to ensure a payment plan to keep its top managers does not sink the tie-up. Greek 2013 budget sees sixth year of recession: source ATHENS (Reuters) - Greece will bring forward painful budget cuts to end a decade of primary deficits while grappling with a sixth year of recession, according to a 2013 budget draft aimed at satisfying international lenders. EU's Rehn says Spanish bank aid seen in November MADRID (Reuters) - European aid for Spain's troubled banks is expected to arrive in November, EU Economic and Monetary Affairs Commissioner Olli Rehn said on Monday, while urging the country to stick to its calendar of ambitious economic reforms. Fed can be even more explicit about future policy: Evans NEW YORK (Reuters) - Chicago Federal Reserve President Charles Evans, a big booster of the U.S. central bank's policy easing move last month, said the Fed can be even more explicit about what economic conditions will influence its future decisions. EADS, BAE chiefs tout merger, blast "misconceptions" PARIS/FRANKFURT (Reuters) - The bosses of EADS and BAE Systems sought to reassure investors over the benefits of their planned $45 billion merger amid what they described as "myths and misconceptions" over the creation of a pan-European defense giant. Buffett buys more shares in DaVita (Reuters) - Warren Buffett has bought an additional 282,403 shares of DaVita Inc , the largest operator of dialysis clinics in the United States, according to a filing with the U.S. Securities and Exchange Commission on Monday. Euro zone joblessness risks "economic disaster" BRUSSELS (Reuters) - The EU warned on Monday of an "economic and social disaster" if joblessness among young Europeans continued to rise, calling for a joint effort to combat record high unemployment in the countries which share the euro. EnBW asset sales could be more than 1.5 billion euros KARLSRUHE, Germany (Reuters) - Germany's third-largest utility EnBW could end up selling more than a planned 1.5 billion euros ($1.9 billion) in assets, the group's new chief executive said on Monday. ArcelorMittal confirms French furnace closures FLORANGE, France (Reuters) - Steelmaker ArcelorMittal told unions on Monday it will permanently close two mothballed furnaces in northeastern France, enraging workers who blocked off access to the entire steel plant and management offices at the site. Related Video Market Pulse: $33B "Glenstrata" to give stocks an M&A boost U.S. Morning Call: Slow global growth renews recession fears Economic News Greek 2013 budget sees sixth year of recession: source Slowing UK lending, factories signal hard road ahead 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