Business Today: Futures rise, China data sets positive tone

		Click to View in Browser 04/10/2013 Futures rise, China data sets positive tone NEW YORK (Reuters) - Stock index futures rose on Wednesday, with Wall Street set to extend gains a day after hitting fresh record highs, buoyed by encouraging data from China that bode well for a recovery in the world's second-largest economy. Spanish, Slovenian economies at risk from imbalances: EU BRUSSELS (Reuters) - Spain and Slovenia have banking and labor-market problems that are causing imbalances in their economies, the European Commission warned on Wednesday after an in-depth review of 13 European Union countries designed to stop trouble in individual states becoming a wider problem. WTO cuts 2013 trade forecast, sees protectionist threat GENEVA (Reuters) - The World Trade Organization slashed its forecast for trade growth in 2013 on Wednesday, saying it feared protectionism was on the increase. FBI probes trading as KPMG quits Herbalife, Skechers audits (Reuters) - In a blow to one of the world's largest accounting firms, KPMG said it resigned as auditor of two U.S. corporations amid an FBI investigation into insider trading allegations involving leaked information and a former senior partner. Toyota denies report that Ford Focus topped 2012 sales BANGALORE/TOKYO (Reuters) - Toyota Motor Corp said on Wednesday its Corolla was the world's top selling car of 2012, contradicting rival Ford which claimed top spot for its Focus model. OECD says growth picking up in most major economies PARIS (Reuters) - Growth is picking up in most industrialized countries, including in the euro zone, the OECD said on Wednesday, with the United States leading the way. Germany says MOU on Cyprus bailout is ready BERLIN (Reuters) - A final memorandum of understanding between Cyprus and international creditors on the island's bailout has now been finalized, a German finance ministry spokesman said on Wednesday. Luxembourg announces end of bank secrecy with EU states LUXEMBOURG (Reuters) - Luxembourg plans to lift bank secrecy rules for European Union citizens who have savings based in the country, the prime minister announced on Wednesday, marking a sharp shift in policy that will take effect from 2015. Daimler may cut 2013 outlook on weak European demand BERLIN (Reuters) - German premium carmaker Daimler said it might cut its 2013 profit expectations this month, sparking sharp criticism from shareholders gathering for Wednesday's annual meeting, as Europe's car market shrank at an alarming rate. GM renews commitment to loss-making European brand Opel RUESSELSHEIM, Germany (Reuters) - General Motors renewed a commitment to its loss-making European brand on Wednesday, pledging to invest 4 billion euros ($5.2 billion) in Opel by the end of 2016 to support new model launches. Related Video U.S. Morning Call: Yahoo, Apple cozy up on iTalks Africa Summit: Consumer-centric focus is key – Carlyle Economic News Fed's Lockhart says "premature" to discuss reducing bond buys Fed to foreclosed borrowers: checks in mail soon 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