  |  | | NEW YORK (Reuters) - Stock index futures declined on Monday, indicating the S&P 500 would extend losses after suffering its worst drop since mid-November on continued worry legislators will be unable to reach a deal to avert the "fiscal cliff." | |  |   |  | | MARTINSBURG, West Virginia (Reuters) - The brave new world for U.S. retailers can be found in small cities like Martinsburg, West Virginia. | |  | |  |  | | ATHENS (Reuters) - Greece's drive to crack down on flagrant tax evaders such as doctors and lawyers is flagging and must be reinvigorated, a report by the European Union and International Monetary Fund said on Monday. | |  | |  |  | | LONDON (Reuters) - European shares and oil prices edged lower on Monday with Wall Street expected to follow suit, as a deadlock in U.S. budget talks left an undercurrent of uncertainty in markets ahead of the Christmas break. | |  | |   |  | | BEIJING (Reuters) - China plans to change the law to crackdown on "malicious" trademark registrations, state media said on Monday, after a series of cases in which well-know international brands and individuals have had their names or copyright misused. | |  | |   |  | | BERLIN (Reuters) - PSA Peugeot Citroen has ruled out a merger with General Motors' Opel division as part of their alliance, Autogazette reported on Monday, citing a Peugeot manager. | |  | |   |  | | LONDON (Reuters) - British retailers have brought forward their Christmas clearance sales online in the hope that shoppers will log on to buy bargains and offset lackluster spending in stores. | |  | | | MOSCOW (Reuters) - Emerging markets telecoms operator Vimpelcom said it would receive around $1.4 billion for the conversion of its preferred shares by shareholder Altimo into ordinary shares in a move that will boost the Russian investor's economic interest. | |  |   |  | | SHANGHAI (Reuters) - Shanghai's food safety authority has said the level of antibiotics and steroids in Yum Brands Inc's KFC chicken was within official limits, but the watchdog found a suspicious level of an antiviral drug in one of the eight samples tested. | |  | | (Reuters) - Freddie Mac , the No. 2 U.S. home funding company, said it will sell $2.0 billion worth of reference bills on Monday. | |  | |  |  |  | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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