Business Today: Futures gain after Bernanke comments

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Good Morning Robert, TUE 08 Jun 2010 
 
Futures gain after Bernanke comments
Final act begins in Congress on Wall Street reform
EU ministers talk austerity, Spanish strike over cuts
Swiss-US deal on UBS delayed by lower house snub
Apple unveils iPhone 4 to fend off Google
Bernanke says Europe committed to euro's survival
iPhone maker Foxconn seeks price hikes to offset wages
New strike breaks out at Honda supplier in China
BT makes two-year pay offer in bid to halt strike
Manpower says global hiring prospects improve


Futures gain after Bernanke comments
June 08, 2010 08:33 AM ET
NEW YORK (Reuters) - U.S. stock index futures were slightly higher on Tuesday after Federal Reserve Chairman Ben Bernanke said the U.S. economy appeared to have enough momentum to avoid a double-dip recession.

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Final act begins in Congress on Wall Street reform
June 07, 2010 05:46 PM ET
WASHINGTON (Reuters) - Negotiators from the Senate and House will begin meeting this week to craft a final Wall Street reform bill, with banks facing changes that threaten their profits, if not their business models.

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EU ministers talk austerity, Spanish strike over cuts
June 08, 2010 07:51 AM ET
LUXEMBOURG/MADRID (Reuters) - European Union finance ministers tried to broaden efforts to contain the region's debt crisis on Tuesday and Spanish public sector workers protested over government cutbacks.

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Swiss-US deal on UBS delayed by lower house snub
June 08, 2010 08:23 AM ET
BERNE/ZURICH (Reuters) - Switzerland's delivery of UBS client data to U.S. tax officials has been delayed after the Swiss lower house rejected a Swiss-U.S. deal to solve a tax dispute, triggering a new parliamentary debate.

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Apple unveils iPhone 4 to fend off Google
June 07, 2010 08:53 PM ET
SAN FRANCISCO (Reuters) - Apple Inc unveiled a new iPhone on Monday that goes on sale in scores of countries this year, preparing its fastest-ever global roll-out to try and stay a step ahead of rivals like Google Inc in a red-hot smartphone market.

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Bernanke says Europe committed to euro's survival
June 07, 2010 09:39 PM ET
WASHINGTON (Reuters) - European leaders are committed to ensuring the survival of the euro and have enough money to meet obligations of heavily indebted member countries, Federal Reserve Chairman Ben Bernanke said on Monday.

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iPhone maker Foxconn seeks price hikes to offset wages
June 08, 2010 03:34 AM ET
TAIPEI/HONG KONG (Reuters) - iPhone maker Foxconn International Holdings said it will seek higher prices from its clients to help offset wage hikes at a plant in southern China that has been hit by a series of suicides.

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New strike breaks out at Honda supplier in China
June 08, 2010 08:27 AM ET
HONG KONG/TOKYO (Reuters) - A new strike has broken out at a Chinese factory making exhaust systems for Honda Motor , prompting the carmaker to plan a suspension at two local car plants just days after a strike at another supplier was settled.

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BT makes two-year pay offer in bid to halt strike
June 08, 2010 06:37 AM ET
LONDON (Reuters) - British telecoms group BT said it had made a new two-year pay offer to its workers in a bid to avert its first strike for more than two decades.

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Manpower says global hiring prospects improve
June 08, 2010 12:06 AM ET
NEW YORK (Reuters) - Employers in most economies are more likely to add workers than three months ago, including those in the United States, but big gains are limited to booming emerging economies like Brazil, India and China, according to a quarterly survey by Manpower Inc .

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