Business Today: McDonald's global comparable sales fall 2.5 percent in July

		Click to View in Browser 08/8/2014 McDonald's global comparable sales fall 2.5 percent in July (Reuters) - McDonald's Corp reported lower-than-expected global sales at established restaurants in July after a food scare forced it to temporarily withdraw menu items such as Big Macs and Spicy McWings in China. Pfizer confronts surge of lawsuits over Lipitor (Reuters) - Pharmaceutical giant Pfizer is facing a mounting wave of lawsuits by women who allege that the company knew about possible serious side effects of its blockbuster anti-cholesterol drug Lipitor but never properly warned the public. Futures turn positive after sharp overnight loss NEW YORK (Reuters) - U.S. stock index futures edged up on Friday, reversing sharp losses earlier that came on the back of a U.S. government authorization of air strikes in Iraq, which added to concerns about escalating conflicts in Ukraine and the Gaza Strip. China posts record trade surplus, but domestic economy may lag BEIJING (Reuters) - China's buoyant exports pushed its trade surplus to a record in July, fuelling optimism global demand will help counter pressure on the domestic economy from a weakening property sector. BOJ offers bleaker exports view, but Kuroda stays upbeat TOKYO (Reuters) - The Bank of Japan offered a bleaker view on exports and output a week before data is expected show the biggest contraction in economic activity since the global financial crisis, heightening concerns a rebound may be delayed and increase pressure for further monetary easing. China prosecutors charge GSK-linked investigators with illegally obtaining data SHANGHAI (Reuters) - Chinese prosecutors on Friday charged a British investigator and his American wife with illegally obtaining private information in a case that could be key to a bribery investigation against GlaxoSmithKline Plc. BMW sales up 8.4 percent in July but lead over Audi shrinks BERLIN/FRANKFURT (Reuters) - BMW's lead over German rival Audi is shrinking, despite increasing deliveries in July, as the luxury-car leader posts lower volume growth in the United States and Europe. Banks to return 4.15 billion euros in crisis loans to ECB next week FRANKFURT (Reuters) - Banks will return 4.15 billion euros ($5.56 billion) in long-term loans to the European Central Bank next week after the ECB started to charge for holding banks' excess cash overnight and promised more long-term loans. Boeing, United Technologies stock up titanium parts from Russia: WSJ (Reuters) - Boeing and United Technologies have been amassing titanium parts from Russian producer VSMPO-Avisma in case tensions between the United States and Russia disrupt supply of the metal critical to building jetliners, the Wall Street Journal reported, citing an industry official familiar with the plans. Exclusive: Goldman, JPMorgan in Senate's crosshairs for commodities holdings WASHINGTON (Reuters) - U.S. Senator Carl Levin is preparing a last push to bring Wall Street's big commodity traders to heel during his final months in office, wrapping up a nearly two year-long probe that could potentially reveal abuses in energy and metals markets. Related Video Breakingviews: Volkswagen wars South Korea's high-stakes bid for China's gamblers Economic News U.S. productivity rebounds in second quarter, wage inflation muted Trade boost may not save German economy from second-quarter contraction 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