Business Today: Futures jump early as crude prices rebound

		Click to View in Browser 12/15/2014 Futures jump early as crude prices rebound NEW YORK (Reuters) - U.S. stock index futures rose on Monday, following the worst week for the S&P 500 in more than two years, with investors focused on a rebound in crude oil prices which earlier hit a fresh 5-1/2-year low. Fed faces big decision over a few choice words NEW YORK (Reuters) - Federal Reserve officials will decide this week whether to make a critical change to their policy statement that would widen the door for interest rate hikes next year and effectively bet the United States will continue to shine in a gloomy global economy. Oil hits new five-year low before rallying to $63 LONDON (Reuters) - Brent crude oil hit a fresh five-year low close to $60 a barrel on Monday after producer group OPEC restated its determination not to cut output despite a global fuel glut, but the North Sea benchmark later rallied to around $63. BC Partners to acquire PetSmart for $8.7 billion (Reuters) - Pet supply retailer PetSmart Inc succumbed to calls from some shareholders for a sale on Sunday with an agreement to be bought by a private equity consortium led by BC Partners Ltd for $8.7 billion, in the largest leveraged buyout of the year. Early slowdown signs emerge for U.S. oil states after crude slide (Reuters) - After leading the U.S. economic recovery out of recession, some of the nation's top oil states are showing early signs of a slowdown as a result of the plunge in crude prices. Apache to sell stakes in two LNG projects to Woodside for $2.75 billion (Reuters) - Apache Corp said it would sell its stakes in two LNG projects, Wheatstone LNG in Australia and Kitimat LNG in Canada, along with accompanying upstream oil and gas reserves, to Australia's Woodside Petroleum Ltd for $2.75 billion. Shuttered German Burger King restaurants to reopen this week FRANKFURT (Reuters) - German Burger King restaurants that were shut down last month in a row between their operator and the U.S. fast food company will re-open this week, Burger King Germany said on Monday. BOJ survey shows Japan business mood fragile, highlights Abe's challenges TOKYO (Reuters) - Japanese business confidence barely improved in the fourth quarter and is seen worsening, giving premier Shinzo Abe a grim reminder of the challenges he faces in reviving a recession-hit economy a day after his big win in Sunday's vote. Volvo to launch online car sales in marketing shift PARIS (Reuters) - Volvo Car Corp said it will start selling vehicles online as it rolls out new models to compete with German luxury rivals such as BMW . VW's Bentley raises car sales target on new models: report BERLIN (Reuters) - Volkswagen's ultra-luxury brand Bentley has raised its target for sales as the British carmaker plans to add models such as its first ever sport-utility vehicle, Frankfurter Allgemeine Zeitung reported on Monday. Related Video Japan's snap election shows Abenomics is here to stay U.S. budget crisis over - for now Economic News Futures jump early as crude prices rebound Oil price slide roils emerging markets, yen rises 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