Business Today: France's Hollande to discuss BNP fine with Obama

		Click to View in Browser 06/4/2014 France's Hollande to discuss BNP fine with Obama PARIS (Reuters) - French President Francois Hollande plans to raise concerns about a possible $10 billion-plus U.S. fine on BNP Paribas BNPP.PA that he considers disproportionate with U.S. counterpart Barack Obama. U.S. trade deficit widens to two-year high in April WASHINGTON (Reuters) - The U.S. trade deficit widened to its highest level in two years in April as imports hit a record high, suggesting trade could be a drag on second-quarter growth. U.S. private sector adds 179,000 jobs in May: ADP NEW YORK (Reuters) - U.S. companies hired 179,000 workers in May, marking the lowest monthly increase since January and missing market expectations, a report by a payrolls processor showed on Wednesday. U.S. mortgage applications fall in latest week: MBA NEW YORK (Reuters) - Applications for U.S. home mortgages declined last week as both refinancing and purchase applications decreased, an industry group said on Wednesday. U.S. Senate adjusts capital rules for insurers WASHINGTON (Reuters) - The U.S. Senate has approved a bill tweaking the 2010 Dodd-Frank law's treatment of insurers, a rare adjustment to the Wall Street reform law that had been sought by the industry. Futures point to lower open as data disappoints NEW YORK (Reuters) - U.S. stock index futures pointed to a lower open on Wednesday as data on the labor market came in weaker than expected, giving investors reason to sell amid few positive catalysts and with indexes near record levels. Japan's Dai-ichi Life agrees to buy Protective Life for $5.7 billion TOKYO (Reuters) - Japan's Dai-ichi Life Insurance Co has agreed to buy U.S. peer Protective Life for $5.7 billion, the largest acquisition by a Japanese insurer, displaying its determination to grow overseas to counter weak prospects at home. Walmart's 'Made in USA' push exposes strains of manufacturing rebirth (Reuters) - When Walmart pledged last year to buy an extra $250 billion in U.S.-made goods over the next decade, it appeared to be just what was needed to help move America's putative manufacturing renaissance from rhetoric to reality. Euro zone economy stutters as ECB gears up for action LONDON (Reuters) - Price cuts by euro zone firms failed to prevent business growth from losing momentum in May, all but sealing the case for looser monetary policy a day before the European Central Bank meets. Exclusive: India likely to ease restrictions for foreign online retailers next month MUMBAI/NEW DELHI (Reuters) - India could allow global online retailers such as Amazon.com Inc to sell their own products as early as next month, removing restrictions that could boost competition in one of the world's biggest, and most price-sensitive, retail markets. Related Video Beetles threaten Saudi date industry World at Risk: World Cup could damage Dilma – Nomura Economic News U.S. trade deficit widens to two-year high in April U.S. first-quarter productivity weakest in six years 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