Business Today: Futures edge higher with tech shares in focus

		Click to View in Browser 02/21/2014 Futures edge higher with tech shares in focus NEW YORK (Reuters) - Stock futures pointed to a higher open on Friday, indicating that a rally that lifted the S&P 500 close to record levels in the previous session could continue following some strong results from technology companies. Fannie Mae profits push taxpayers into black on housing bailout WASHINGTON (Reuters) - Fannie Mae said on Friday it would soon send the U.S. Treasury $7.2 billion, a profit-related dividend that makes taxpayers whole for the 2008 bailout of the mortgage-finance giant and its sibling company Freddie Mac . Extreme U.S. winter roils natural gas market, upends some trading strategies NEW YORK (Reuters) - When volatility returned to the U.S. natural gas market this winter after years of sleepy trade, the wild price swings created unexpected winners and losers. U.S. leads pushback against emerging market angst at G20 SYDNEY (Reuters) - The world's rich nations pushed back on Friday against emerging market complaints about the spillover effects of their monetary policies, saying they had to get their own houses in order and get with the agenda of boosting global growth. Russia says better positioned than peers to deal with U.S. policy impact MOSCOW (Reuters) - Russia may see a balanced budget this year, which puts the country in a better position than other emerging markets to fend off the impact of the U.S. decision to curb its monetary stimulus, Finance Minister Anton Siluanov said on Friday. RBS to shrink investment bank and cut 30,000 jobs: sources LONDON (Reuters) - Royal Bank of Scotland is to shrink its investment banking and international operations as part of a revamp in which the group could shed up to a quarter of its 120,000 workforce, sources familiar with the matter said on Friday. Japan factory output seen up, core inflation near five-year highs TOKYO (Reuters) - Growth in Japan's factory output likely accelerated in January and core inflation hovered near five-year highs, a Reuters poll showed, underscoring the ongoing economic recovery despite fears that momentum may soon start to fade. In Asia, WhatsApp posts mixed message for Facebook Singapore (Reuters) - WhatsApp may be hugely popular but its forays into Asia, the world's biggest mobile market, have had mixed success, raising questions about whether it can sustain the explosive growth Facebook Inc cited to justify its $19 billion price tag. Greek banks' stress test expected to show 5 billion eur capital need: sources ATHENS (Reuters) - Greece's four big banks are expected to need a total of about 5 billion euros ($6.9 billion) in extra capital, based on a second stress test by the central bank, two senior banking sources told Reuters on Friday. Lockheed sees huge potential for military-, commercial-use drones HUNTSVILLE, Alabama (Reuters) - The Pentagon's No. 1 arms supplier Lockheed Martin Corp sees significant growth potential for its range of unmanned aircraft, given continued military demand for surveillance aircraft and a huge untapped market in the commercial sector. Related Video Nigeria Bank gov challenges suspension Reuters on the Road: London tech startups at tipping point Economic News Japan factory output seen up, core inflation near five-year highs Bank of Japan likely to expand asset buying by summer 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