Business Today: Stock index futures dip as dollar rises

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Good Morning Aron, MON 08 Nov 2010    Stock index futures dip as dollar rises Chrysler posts net loss, boosts 2010 outlook Obama fires back after China slates Fed's QE2 G20 finds common ground opposing U.S. Adidas sets targets to overtake Nike Citigroup debt funds probed by SEC: report McDonald's October sales rise 6.5 percent AOL hires advisers for options as it eyes Yahoo: report Shell puts Woodside in play with $3 billion stake sale Qantas extends A380 grounding as it probes oil leaks China's stimulus package winds down Rare earth prices to rise again? Qantas extends Airbus A380 grounding Stock index futures dip as dollar rises November 08, 2010 07:50 AM ET NEW YORK (Reuters) - U.S. stock index futures fell on Monday as a rise in the U.S. dollar weighed on commodity prices and looked set to put pressure on natural resource stocks. Full Article Chrysler posts net loss, boosts 2010 outlook November 08, 2010 08:08 AM ET DETROIT (Reuters) - Chrysler Group LLC posted a third-quarter net loss on Monday, but lifted its full-year outlook, spurred by results that were better than the company had forecast a year ago. Full Article Obama fires back after China slates Fed's QE2 November 08, 2010 05:29 AM ET NEW DELHI (Reuters) - President Barack Obama defended the Federal Reserve's policy of printing dollars on Monday during a trip to India, after Chinese officials stepped up criticism ahead of this week's Group of 20 meeting. Full Article G20 finds common ground opposing U.S. November 07, 2010 03:02 PM ET WASHINGTON (Reuters) - The Group of 20 is beginning to look more like the G19 plus 1 as emerging and rich countries alike accuse the United States of breaking a vow of unity. Full Article Adidas sets targets to overtake Nike November 08, 2010 05:41 AM ET FRANKFURT (Reuters) - German sporting goods company Adidas aims to grow sales to 17 billion euros ($24 billion) by 2015 as it strives to overtake market leader Nike . Full Article Citigroup debt funds probed by SEC: report November 08, 2010 12:16 AM ET (Reuters) - The U.S. securities regulator has probed certain Citigroup Inc debt funds to assess whether the bank made adequate disclosure to investors about the funds' risk levels, the Wall Street Journal said, citing people familiar with the matter. Full Article McDonald's October sales rise 6.5 percent November 08, 2010 08:36 AM ET NEW YORK (Reuters) - McDonald's Corp said global October sales at established restaurants rose 6.5 percent, helped by new beverages like Smoothies, by its low-price Dollar Menu and by restaurant renovations. Full Article AOL hires advisers for options as it eyes Yahoo: report November 08, 2010 07:21 AM ET NEW YORK (Reuters) - AOL Inc is exploring strategic options, which include a possible tie-up with Yahoo Inc, and has retained financial advisers to do so, the Wall Street Journal reported on Sunday, citing unnamed sources. Full Article Shell puts Woodside in play with $3 billion stake sale November 08, 2010 05:36 AM ET SYDNEY/LONDON (Reuters) - Royal Dutch Shell said it planned to sell almost a third of its 34 percent stake in Woodside Petroleum for $3.3 billion, prompting predictions Australia's largest oil and gas firm could become a bid target. Full Article Qantas extends A380 grounding as it probes oil leaks November 08, 2010 07:17 AM ET LONDON/SYDNEY (Reuters) - Australia's Qantas Airways has grounded its A380 fleet for at least three more days as it investigates oil leaks that might have caused the engine explosion on a Sydney-bound flight last week. Full Article

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