Business Today: Fed taper concern boosts dollar, weigh on stocks

		Click to View in Browser 12/13/2013 Fed taper concern boosts dollar, weigh on stocks LONDON (Reuters) - Global equities headed for their biggest two-week drop since June and the dollar hit 5-year highs against the yen on Friday amid concern the U.S. Federal Reserve could start scaling back its stimulus as early as next week. Producer prices fall for third straight month in November WASHINGTON (Reuters) - U.S. producer prices fell for a third straight month in November, pointing to a lack of inflation that could give the Federal Reserve pause as it weighs the future of its monthly bond purchases. In landmark for EU, Ireland leaves its bailout behind DUBLIN (Reuters) - Three years after going cap in hand to international lenders, Ireland has officially ended its bailout, providing a landmark for the euro zone's efforts to resolve its debt crisis. Qualcomm says COO Steve Mollenkopf to become CEO in March (Reuters) - Chipmaker Qualcomm Inc said Chief Operating Officer Steve Mollenkopf will become chief executive in March, replacing Paul Jacobs who will become executive chairman. BlackBerry extends key deadline to boost capital raise TORONTO (Reuters) - BlackBerry Ltd, which recently concluded a $1 billion convertible debt offering, said it has agreed with its debtholders to extend an option deadline attached to the deal, giving potential investors a chance to buy up to a further $250 million in convertible debt. Insight: Europe faces moment of truth on banks, with flawed defenses BRUSSELS (Reuters) - Europe's banks face a moment of truth next year when health checks will spell out the repairs they need. UK central bank chief Carney sees deal in 2014 over shouldering bank losses PARIS (Reuters) - Governments will reach an agreement next year on the pecking order for shareholders and bond investors to take losses when a bank fails, Mark Carney chairman of the UK's Financial Stability Board and head of the central bank, said on Friday. China to keep policy and growth steady in 2014, push reform BEIJING (Reuters) - China's leaders pledged to maintain stable economic policies to achieve reasonable economic growth in 2014 while forging ahead with reforms, as they wrapped up a closed-door meeting on Friday, state radio reported. VW group sales rise 4.3 percent in November, boosted by China FRANKFURT (Reuters) - Volkswagen said on Friday its group vehicle sales rose 4.3 percent in November, boosted by strong growth in China, where sales increased 16.7 percent. Machinists reject second Boeing labor contract offer NEW YORK (Reuters) - Machinist union leaders on Thursday rejected a second offer from Boeing Co covering production of its new 777X jetliner, which the firm wants to build in Washington state. Related Video Baggage tracking system to face Xmas travel test Breakingviews: Deutsche, Barclays can ease U.S. capital pain Economic News Producer prices fall for third straight month in November Deal to quell budget wars sails through U.S. House 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