RefBan

Referral Banners

Friday, November 9, 2012

Business Today: Stock futures slide on euro zone, fiscal worries

Click to View in Browser
11/9/2012
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 slide on euro zone, fiscal worries
NEW YORK (Reuters) - Stock index futures tumbled on Friday and were on track to post their worst weekly drop in five months as the euro zone crisis was seen hitting France and Germany and investors fretted over a looming U.S. "fiscal cliff."
Import prices rise but gains in oil slow
WASHINGTON (Reuters) - Import prices rose more than expected in October but price hikes for imported oil slowed, pointing to only modest inflation pressures.
UK taxman probes HSBC accounts after data leak
LONDON (Reuters) - HSBC , Europe's biggest bank, has been hit by the leaking of client account data in the British tax haven of Jersey which is now being looked at by the country's tax authorities.
Chrysler recalls about 745,000 Jeeps for airbag issue
(Reuters) - Chrysler Group LLC is recalling almost 745,000 Jeep sport utility vehicles in the United States to fix a part that could cause the airbags to inadvertently deploy.
Global shares fall on worries over fiscal cliff, Europe
LONDON (Reuters) - World shares are on course for their worst weekly performance since June, depressed by Europe's debt troubles and the looming "fiscal cliff" that could slash U.S. public spending.
Exclusive: Worried Germany seeks study on French economy - sources
BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble has asked a panel of advisers to look into reform proposals for France, concerned that weakness in the euro zone's second largest economy could come back to haunt Germany and the broader currency bloc.
MoneyGram settles fraud allegations with DoJ
(Reuters) - Payment services company MoneyGram International Inc said it reached a $100 million settlement with U.S. authorities related to suspected fraudulent transactions by some agents.
No final decision on Greece next week, slower austerity assumed
BRUSSELS (Reuters) - - Euro zone finance ministers are unlikely to release a new tranche of loans to Greece on Monday as there is no agreement yet on how to make its debt sustainable but Athens is set to get two more years to cut debt, officials said.
Penney sales plunge as shoppers spurn pricing strategy
(Reuters) - J.C. Penney Co Inc reported a sharper-than-expected decline in quarterly sales at stores open at least a year as shoppers continued to snub the retailer after it got rid of most coupons and sales earlier this year.
Vimpelcom sets date for AGM, may postpone again
MOSCOW (Reuters) - Telecoms operator Vimpelcom said on Friday its annual shareholder meeting will be held on December 21 provided that a Russian court lifts injunctions before the end of November.
Related Video
U.S. Morning Call: Groupon gets a raw deal
Market Pulse: Time to go for gold
Economic News
Obama plans "fiscal cliff" statement as showdown looms
Import prices rise but gains in oil slow
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: