RefBan

Referral Banners

Friday, November 30, 2012

Business Today: Stock futures flat on "fiscal cliff" caution; data on tap

Click to View in Browser
11/30/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Stock futures flat on "fiscal cliff" caution; data on tap
NEW YORK (Reuters) - Stock futures were little changed on Friday, the final trading day of the month, amid a cautious mood as investors kept their focus firmly on U.S. budget talks.
Obama takes "fiscal cliff" on the road; Republicans stew
WASHINGTON (Reuters) - President Barack Obama, reapplying his re-election campaign theme of protecting the middle class, heads to Pennsylvania on Friday suggesting that Republicans could spoil Christmas by driving the country over the "fiscal cliff."
Ford, Mazda, Changan get final OK from China to split venture
(Reuters) - Ford Motor Co and Mazda Motor Corp and their local Chinese partner, Changan Automobile Co Ltd , said on Friday that they had obtained final approval from the Chinese government to split their three-way manufacturing and sales joint venture into two.
German lawmakers approve Greek bailout despite qualms
BERLIN (Reuters) - German lawmakers approved the latest bailout for Greece on Friday by a large majority despite growing unease about the cost to taxpayers less than a year before federal elections.
Leave "fairy world" behind, Draghi tells euro zone
PARIS (Reuters) - The euro zone's crisis is far from over and its members must tighten budgets and forge a banking union to leave behind the "fairy world" that allowed problems to grow, European Central Bank President Mario Draghi said on Friday.
Lufthansa could stay in long haul race with Turkish Airlines link
FRANKFURT (Reuters) - Closer ties with Turkish Airlines could keep Lufthansa in the race for long haul flights to Asia and stem the flow of business to Gulf carriers.
Barclays investment bank revamp could mean staff cuts
LONDON (Reuters) - Barclays could ax as many as 3,500 investment bank staff and cut its advisory or equities operations in Asia as part of a broader strategic review aimed at fixing the bank's culture in the wake of the financial crisis.
China-backed payment processor to accelerate global expansion
SHANGHAI (Reuters) - China's state-backed electronic payment services giant, China UnionPay, launched an international arm tasked with speeding its expansion overseas, heating up competition with rivals such as Visa Inc and Mastercard Inc .
India's GDP growth languishes, headed for decade low
NEW DELHI (Reuters) - India's economy extended its long slump in the last quarter, with lower-than-expected growth keeping it on track for its worst year in a decade and underscoring the urgency of politically difficult reforms to spur a revival.
Euro zone set for recovery in second-half of 2013: Draghi
PARIS (Reuters) - European Central Bank President Mario Draghi said on Friday that budgetary consolidation in the euro zone would entail a short-term economic impact but the currency bloc was on track for a recovery in the second half of 2013.
Related Video
U.S. Morning Call: Comments on 'Fiscal Cliff' swing markets
Market Pulse: Europe's 6-month stock run to end
Economic News
Obama takes "fiscal cliff" on the road; Republicans stew
Boehner sees no progress in "fiscal cliff" talks
SUBSCRIBE TO OTHER REUTERS NEWSLETTERS
Counterparties
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today  
 Money
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 facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend

No comments: