| | Dow, S&P end flat after late bounce | NEW YORK (Reuters) - The Dow industrials and the S&P 500 ended flat on Monday after a late-day bounce, as worries about slower global growth hitting corporate sales were offset by earnings that beat expectations. | | | | | Rosneft beefs up with TNK-BP purchase | MOSCOW/LONDON (Reuters) - Rosneft tightened its grip on Russia's oil industry on Monday with a $55 billion deal to buy TNK-BP that also makes Britain's BP a one-fifth shareholder in the state-controlled company. | | | | | | Euro zone cut fiscal deficit in 2011, debt up | BRUSSELS (Reuters) - The euro zone's fiscal deficit fell sharply last year as governments slashed expenses and raised taxes to regain market confidence in their public finances, but public debt still climbed, data from the European Union's statistics office showed on Monday. | | | | Iraq ambassador wants U.S. to pressure Exxon on Kurdistan | WASHINGTON (Reuters) - The Obama administration should pressure Exxon Mobil to slow down dealings with Iraqi Kurdistan as they could worsen disputes between Baghdad and the northern province, Iraq's ambassador to the United States said. | | | | | | Some in Congress look to $55 billion fiscal cliff 'fallback' | WASHINGTON (Reuters) - An idea percolating in the Congress, aimed at helping avoid the "fiscal cliff," would scrap the steep across-the-board spending cuts of $109 billion set to start on January 2 and replace them with more targeted savings of about $55 billion, according to aides familiar with the discussions. | | | | | | AIG in multistate settlement over life policies | (Reuters) - Insurer American International Group Inc has agreed to an $11 million settlement with a group of states over its claims settlement practices for life insurance policies, Pennsylvania insurance authorities said on Monday. | | | | | | Obama and Romney meet for final debate as race tightens | BOCA RATON, Florida (Reuters) - President Barack Obama and Republican challenger Mitt Romney face off in front of the cameras for a final time on Monday as opinion polls show their battle for the White House has tightened to a dead heat. | | | | | | | 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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