Daily Investor Briefing: Oil slips $1 on China economy...

	Click to View in Browser 01/19/2015 Oil slips $1 on China economy worries, record Iraq output (Reuters) - Brent crude oil prices fell below $49 a barrel and U.S. crude also fell more than $1 on Monday after the global economic outlook darkened and Iraq announced record oil production. Europe holds on to ECB hope, shrugs off China slump LONDON (Reuters) - European stocks and bonds rose on Monday as investors bet the ECB will unveil a bond-buying package this week to fight deflation and revive growth, shrugging off the steepest fall in Chinese shares since June 2008. China seen posting weakest annual growth in 24 years, will spur more stimulus BEIJING (Reuters) - China is likely to post its weakest growth since the global financial crisis in the fourth quarter as its property market cooled, reinforcing expectations the government will have to roll out more stimulus measures to avoid a sharper slowdown. EU health chief says no clear majority yet for U.S. trade deal BERLIN (Reuters) - No clear majority has so far emerged among EU states for a free-trade agreement between the European Union and the United States and both sides need to explain the benefits of such a deal, the EU's health chief said. Iran sees no OPEC shift toward a cut, says oil industry could withstand $25 crude DUBAI (Reuters) - Iran sees no sign of a shift within OPEC toward action to support oil prices, its oil minister said, adding its oil industry could ride out a further price slump to $25 a barrel. Markets expect decade of below-target inflation even as ECB readies QE LONDON (Reuters) - Days before the European Central Bank is expected to deploy its ultimate monetary easing weapon, financial markets are showing no sign of confidence that it will push inflation anywhere near target in the next decade. Nestle plans to invest $138 million in Egypt in next few years CAIRO (Reuters) - Swiss food giant Nestle plans to invest about 1 billion Egyptian pounds ($137.93 million) in Egypt in the next few years and believes economic reforms could deliver results, its regional CEO said on Monday. Lufthansa, cabin crew seek mediation in labor dispute FRANKFURT (Reuters) - Lufthansa and cabin crew have agreed to mediation in their dispute over retirement benefits, the airline and trade union UFO said on Monday, as the risk of further costly labor strikes looms over the German carrier. BOJ faces crunch time as oil slump threatens inflation target TOKYO (Reuters) - Bank of Japan policymakers gathering for a rate review this week will face the daunting task of coming up with a reason why they can hold off on expanding stimulus for now, even as slumping oil prices keep inflation further away from their 2 percent target. China's shipyards brace for leaner times as oil slump sours rig building spree SHANGHAI/SINGAPORE (Reuters) - For China's shipyards, the oil rig market that was supposed to be a blessing is in danger of becoming a curse. Related Video Is it time to put up Swiss watch prices? Attacks boost Hollande's popularity Related News After harsh commodity fund shakeout, even the winners see tough times ahead Obama speech to call for closing tax loopholes 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