Business Today: Wall Street to open higher, Yellen remarks awaited

		Click to View in Browser 03/31/2014 Wall Street to open higher, Yellen remarks awaited NEW YORK (Reuters) - U.S. stocks were poised to open higher on Monday, putting the S&P 500 on track for a second straight advance, ahead of a speech by Federal Reserve Chair Janet Yellen. Swiss, UK watchdogs step up scrutiny on forex traders ZURICH/LONDON (Reuters) - Swiss and British regulators stepped up their scrutiny of alleged manipulation of foreign exchange markets on Monday, as watchdogs take a closer look at whether banks have a tight enough grip on the behavior of their traders. Euro zone inflation drops to lowest since 2009 BRUSSELS (Reuters) - Euro zone inflation hit its lowest level since November 2009 in March, a shock drop that raises expectations the European Central Bank will take radical action to stop the threat of deflation in the currency bloc. Delphi told panel GM approved ignition switches below specifications WASHINGTON/DETROIT (Reuters) - General Motors Co approved ignition switches for cars that have been linked to 13 deaths, even though the parts did not appear to meet the company's specifications, officials of Delphi Automotive told U.S. congressional investigators. Mixed reaction to weak euro zone inflation data LONDON (Reuters) - European stocks trimmed gains on Monday while government bond yields and the euro rose after weak euro zone inflation data cemented expectations the European Central Bank will ease policy but also prompted investors to take profit on these bets. U.S. funds raise cash stakes as stock market wobbles NEW YORK (Reuters) - U.S.-based fund managers cut their average stock holdings to a five-month low in March and held their highest average position in cash since December, as Russia's move into Crimea spooked global markets, a Reuters poll showed. The tally is in: Ethanol 'blend wall' cost refiners at least $1.35 billion NEW YORK (Reuters) - Last year's spike in the price of ethanol blending credits cost independent refiners at least $1.35 billion, more than three times as much as the year before, according to a Reuters' review of securities filings. U.S. top court considers patent protections for software WASHINGTON (Reuters) - The U.S. Supreme Court will on Monday delve into the hotly contested question of when software is eligible for patent protection. China's Huawei aims to double last year's record revenue by 2018 SHENZHEN/BEIJING (Reuters) - China's Huawei Technologies Co Ltd has targeted 2018 revenue almost double the record reaped last year when the company booked 34 percent profit growth and became the world's third-biggest smartphone manufacturer. National resource giants plot varied paths to global goal NEW YORK (Reuters) - In teaming up with Cargill to create the world's largest sugar trader last week, Brazil's Copersucar has joined a small but growing club of national resource champions steadily transforming the commodities landscape. Related Video Breakingviews: Becoming a euro bull now may be ill-timed Emerging markets unfairly treated - Booth Economic News Euro zone inflation drops to lowest since 2009 Japan factory output contracts, dims growth outlook as tax hike looms 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