Business Today: Stock futures decline on Fed taper timing concerns

		Click to View in Browser 12/3/2013 Stock futures decline on Fed taper timing concerns NEW YORK (Reuters) - U.S. stock index futures fell on Tuesday, indicating the S&P 500 may fall for a third consecutive day on concerns a reduction in stimulus by the Federal Reserve may be on the horizon earlier than some had anticipated. Japan preparing $53 billion economic stimulus package this week: sources TOKYO (Reuters) - Japan will craft an economic stimulus package this week worth about $53 billion to bolster the economy ahead of an increase in the national sales tax in April, people familiar with the process said on Tuesday. China's leaders see challenges in 2014, vow to push economic reforms BEIJING (Reuters) - China's top leaders pledged to quicken reforms in 2014 while keeping policy stability and consistency at a meeting of the decision-making Politburo on Tuesday, the official Xinhua news agency reported. Munk's well-connected successor looks to fix Barrick (Reuters) - Soon after he joined Barrick Gold Corp's board last year, John Thornton, the designated successor to founder and chairman Peter Munk, took a company team to visit Ford Motor Co and learn about the automaker's turnaround story. Chrysler's November sales rise 16 percent, top expectations (Reuters) - Chrysler Group LLC said its U.S. vehicle sales in November jumped 16 percent from a year before, beating analysts' expectations. Hyundai Motor feels heat from Japanese rivals in China SEOUL (Reuters) - Hyundai Motor Co could be one of the biggest losers from surging sales of Japanese cars in China as the South Korean automaker's problems spread from the United States to the world's largest auto market. JPMorgan received $11 million fees for advising Co-op on Britannia LONDON (Reuters) - JP Morgan received 7 million pounds ($11 million) in fees for advising the Co-operative Bank on its takeover of the Britannia Building Society, one of its top executives told lawmakers on Tuesday. Adidas says soccer, running will help it hit 2015 targets FRANKFURT (Reuters) - German sporting goods maker Adidas said it expects sales of soccer and running gear to help it achieve its 2015 sales and profit targets, even though it has not yet made as much progress towards them as it originally hoped. Global economies increasingly at risk: Pimco's Gross NEW YORK (Reuters) - Bill Gross, co-founder and co-chief investment officer of bond giant Pimco, said Tuesday that easy-money policies worldwide have put global economies increasingly at risk. Container firms order new ships to gain economies of scale COPENHAGEN (Reuters) - Global container shipping companies have a strong appetite for new vessels, despite existing overcapacity, because they want to trade up to larger ships to benefit from economies of scale, according to shipping analysts. Related Video Breakingviews: Versace valuation as OTT as garments How to invest in London property if you can't afford to buy Economic News U.S. small business borrowing rises to six-year high, index shows Fed official strongly backs proposed repo tool, cites policy 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