Business Today: HSBC shares drop after revenue hit by emerging market slowdown

		Click to View in Browser 08/5/2013 HSBC shares drop after revenue hit by emerging market slowdown LONDON (Reuters) - HSBC Holdings Plc , Europe's biggest bank, posted slower than expected earnings growth and a 12 percent drop in revenue, reflecting a slowdown in growth in emerging markets and sending its shares lower. Insight - Chicago pits going quiet, 165 years after shouting began CHICAGO (Reuters) - On a recent morning in the Chicago Board of Trade's soybean futures pit, the trading action looked like this: One trader hiked up a leg onto a metal railing, stretching his hamstring; another passed time bouncing a green rubber ball; a third yawned. Stock futures little changed, Dow and S&P 500 near record highs NEW YORK (Reuters) - Stock index futures were little changed on Monday as investors looked for new reasons to buy following a rally that repeatedly took major indexes to record levels. Euro zone retail sales back in decline in June, France a bright spot BRUSSELS (Reuters) - Retail sales in the euro zone fell broadly for the first time in three months in June, data showed, highlighting the drag of depressed household spending on the bloc's fragile recovery. Activist fund TCI asks EADS to sell Dassault stake PARIS (Reuters) - Activist hedge fund TCI has written to EADS' chief executive demanding the aerospace company sell its stake in Dassault Aviation , maker of the Rafale fighter jet, saying the 4 billion euro ($5.3 billion) holding was "a poor use of capital" and the proceeds should be given to shareholders. Planemakers rein in new jets to chase regional growth PARIS (Reuters) - After focusing for years on jetliners that could fly ever further, the world's leading planemakers are turning to shorter range aircraft that appeal to airlines reluctant to pay for performance they don't need. With few big deals, private equity moves to be Asia's new banker HONG KONG (Reuters) - In three years, global private equity firm KKR & Co has provided over $1.5 billion in loans to companies in India, a business traditionally handled by state-owned and private sector banks. Analysis: How France's Hollande plans to win his bet on jobs PARIS (Reuters) - Defying all predictions by the IMF, the European Commission and the bulk of private economists, President Francois Hollande is still banking on a turnaround in French unemployment by the end of the year. Euro zone business expands for first time in 18 months: PMI LONDON (Reuters) - Euro zone business expanded for the first time in 18 months in July, albeit very slightly, according to a survey on Monday that suggested the economy is slowly starting to stabilize. Broker Marex Spectron in talks to buy JPMorgan's warehousing arm: report SINGAPORE (Reuters) - London commodities broker Marex Spectron is in talks to buy the metals storage unit owned by JPMorgan Chase & Co. , the Times of London reported. Related Video Reuters Breakingviews: New-look HSBC emerges from fog U.S. Morning Call: Veto on Apple ban concerns S. Korea Economic News Hiring slows in July but jobless rate falls to four-year low Fed's Bullard: drop in jobless a step closer to QE exit threshold 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