Business Today: Stocks, dollar slide as U.S. impasse frays nerves

		Click to View in Browser 10/7/2013 Stocks, dollar slide as U.S. impasse frays nerves LONDON (Reuters) - A lack of progress by U.S. lawmakers in budget and debt ceiling talks rattled investors on Monday, sending European shares to a four-month low and pushing the dollar and oil down. Stock futures drop as Washington stalemate drags on NEW YORK (Reuters) - U.S. stock index futures fell on Monday as the partial U.S. government shutdown continued with no signs of a softening in the positions of politicians over the debt-ceiling limit or budget impasse. Airbus clinches landmark order for 31 jets with Japan Airlines BARCELONA, Spain/TOKYO (Reuters) - Airbus announced its first jet order from Japan Airlines Co Ltd on Monday, breaking open the last big aviation market dominated by Boeing Co in a move that suggests the U.S. company may pay for the 787 Dreamliner's troubled debut. Analysis: U.S. banks get ready for the day when deposits shrink NEW YORK (Reuters) - U.S. banks, with nudging from regulators, are planning for the day when the economy recovers, rates rise, and depositors yank money from safe but low-paying accounts. Greek budget sees end to six-year recession next year ATHENS (Reuters) - Greece will emerge from six years of recession next year, a draft budget forecast on Monday, signaling the country is past the worst of a crippling debt crisis that nearly broke Europe's single currency. World Bank cuts China, East Asia growth forecasts SINGAPORE (Reuters) - The World Bank lowered its 2013 and 2014 economic growth forecasts for China and most of developing East Asia on Monday, citing slower growth in the world's most populous nation as well as weaker commodity prices that have hurt exports and investments in countries such as Indonesia. Darling buys Vion's ingredients unit for 1.6 billion euros LONDON (Reuters) - U.S.-based food business Darling International is to buy Dutch meat producer Vion's ingredients division for 1.6 billion euros ($2.18 billion), according to a company statement on Monday, in a blow to private equity firms bidding for the unit. Bernard Madoff's inner circle goes on trial That is the message prosecutors will pound home as five of Bernard Madoff's long-time employees go on trial this week accused of enabling his $65 billion Ponzi scheme. GM recalls 1,658 small Sonic cars for fuel tank issue DETROIT (Reuters) - General Motors Co is recalling 1,658 Chevrolet Sonic cars, as potentially faulty strap welds could cause the fuel tank to separate from the car. Russia halts Lithuanian dairy imports before EU summit MOSCOW (Reuters) - Russia suspended imports of dairy products from neighboring Lithuania on Monday, turning up trade pressure on the European Union member weeks before it hosts a summit that could pull former Soviet republics further from Moscow's orbit. Related Video Bio-imaging system spawns new theories of evolution Breakingviews: Washington is a "nightmare" for risk managers Economic News U.S. Congress enters crucial week in budget, debt limit battles U.S. firms urge Washington not to rush through landmark trade deal 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