Business Today: Stock futures turn positive after payrolls data

		Click to View in Browser 12/7/2012 Stock futures turn positive after payrolls data NEW YORK (Reuters) - The stock index futures recovered from earlier losses to advance on Friday after data showed non-farm payrolls came in above expectations at 146,000 and the unemployment rate dipped to 7.7 percent. Employment growth quickens, jobless rate at 7.7 percent WASHINGTON (Reuters) - Employment grew faster than expected in November, but a drop in the unemployment rate to nearly a four-year low as people gave up the search for work suggested the labor market was still tepid. German, Austrian central banks see grim 2013 as crisis bites FRANKFURT (Reuters) - The central banks of Germany and Austria on Friday forecast barely any economic growth in 2013, with the Bundesbank flagging risks of a recession in the euro zone's biggest economy as the debt crisis hits the bloc's core. Developed country wages show no growth in 2012: ILO GENEVA (Reuters) - Average salaries in developed countries are expected to have risen by no more than inflation this year, the International Labour Organization said on Friday. Canada gives no hints on timing of Nexen decision OTTAWA (Reuters) - Canada refused to offer any hints on Friday on the timing of a decision on a bid by China's CNOOC Ltd for energy company Nexen Inc.. Greece sticks to buyback plan, says will shield banks ATHENS (Reuters) - Greece says it is sticking to plans to close its offer to buy back its own bonds from investors on Friday in a deal that should meet a debt writedown target set by its international lenders. China nod clears way for Glencore's Viterra purchase (Reuters) - Glencore International Plc won approval from China's Ministry of Commerce for its C$6 billion ($6 billion) purchase of Canadian grain handler Viterra Inc, clearing the last regulatory hurdle for the long-delayed deal. Long road to recovery for Toyota's Chinese sales: report TOKYO (Reuters) - A high-ranking Toyota Motor Corp executive believes that it will take the automaker a year to recover from the effects of a diplomatic row between Japan and China, the Kyodo news agency reported on Friday. Euribor rates fall after ECB says discussed rate cut FRANKFURT (Reuters) - Key Euribor bank-to-bank lending rates fell on Friday, a day after European Central Bank President Mario Draghi said the bank discussed cutting interest rates at its December meeting but in the end decided to leave them unchanged at 0.75 percent. Italian tax police visit Facebook's Milan offices MILAN (Reuters) - Italian police have been carrying out checks at the Milan offices of Facebook to assess whether it regularly declared its income in Italy, an investigative source and the U.S. company said on Friday. Related Video U.S. Morning Call: Economists expecting lower jobs number Market Pulse: Euro hurt by Buba, but defies gravity for now Economic News Employment growth quickens, jobless rate at 7.7 percent Obama takes "fiscal-cliff" campaign to middle-class 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