Business Today: Wall Street to get lift from China growth

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	07/13/2011
Good Morning Aron LATEST NEWS Wall Street to get lift from China growth NEW YORK (Reuters) - Stock index futures rebounded on Wednesday from three days of losses on stronger-than-expected growth in China, but investors closely watched developments in Europe's debt crisis. | Full Article Bernanke to face grilling on jobs, debt, Europe July 13, 2011 08:12 AM ET WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke goes to Capitol Hill on Wednesday to testify about the sputtering recovery, but may have to spend much of his time convincing a stubborn Congress to raise the debt ceiling. | Full Article China quarterly growth tops forecast, boosts inflation fight July 13, 2011 07:51 AM ET BEIJING (Reuters) - China's economy grew faster than expected in the second quarter, easing fears of a hard landing and strengthening Beijing's resolve to fight persistently high inflation. | Full Article Germany digs in heels over Friday summit on Greece July 13, 2011 08:30 AM ET BRUSSELS/BERLIN (Reuters) - Euro zone plans for a leaders' summit on a second Greek rescue were thrown into doubt by Germany on Wednesday, raising fears markets may exploit the policy vacuum with a new onslaught on the bloc's high debtors. | Full Article Kinetic Concepts to go private for about $5 billion July 13, 2011 08:33 AM ET Bangalore (Reuters) - Medical device maker Kinetic Concepts Inc said it would go private in a nearly $5 billion cash deal with a consortium of private equity firm Apax Partners and two Canadian pension firms. | Full Article US TOP NEWS British parliament to vote against Murdoch deal July 13, 2011 08:12 AM ET LONDON (Reuters) - Summoning a degree of national unity rarely seen outside times of war, Britain's parliament will tell Rupert Murdoch on Wednesday to drop an expansion plan for his media empire while police probe possible crimes by his journalists. | Full Article Bank funding crunch overshadows Europe stress test July 13, 2011 08:34 AM ET LONDON (Reuters) - A Europe-wide test of the safety of its banks risks becoming a sideshow as long as politicians struggle to contain the continent's debt crisis and the detrimental impact on day-to-day funding for lenders. | Full Article Obama warns on debt, deal elusive after talks July 13, 2011 08:37 AM ET WASHINGTON (Reuters) - President Barack Obama warned on Tuesday that elderly Americans could suffer first from a debt default, raising pressure on lawmakers as prospects for a deal to lift the debt ceiling appeared far from reach. | Full Article AIDS drugs can prevent infection, two studies show July 13, 2011 07:50 AM ET LONDON (Reuters) - AIDS drugs used to treat HIV can also be used to prevent infection among heterosexual men and women, according to the results of two studies conducted in Africa released on Wednesday. | Full Article Moody's cuts Ireland to junk, warns of second bailout July 13, 2011 06:45 AM ET NEW YORK/DUBLIN (Reuters) - Moody's cut Ireland's credit rating to junk on Tuesday, warning that the debt-laden country would likely need a second bailout -- just the latest move amid heightening concerns about Europe's ability to address its debt crisis and prevent it from spreading. | Full Article HEALTH NEWS American men with cancer more likely to die than women Trial size may limit use of Seattle Genetics drug FDA proposes targeted drug testing guidelines Kids respond better to early "lazy eye" treatment More kids see dentists when Medicaid rates rise RELATED VIDEO Reuters Insider EZ CDS Index reaches new highs Breakingviews: Berlusconi really must go Inside the News: Markets stabilise after sell-off A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. 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 ODDLY ENOUGH Rock musician uses cell phone stickup note in robbery Full Article Police nab runaway elephants at bus stop Free online shopping briefly delights customers Lawyer sentenced for shooting fellow hunter City requires armed guards at some restaurants - 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