Business Today: Futures flat as Fed hopes offset Caterpillar

		Click to View in Browser 09/25/2012 Futures flat as Fed hopes offset Caterpillar NEW YORK (Reuters) - U.S. stock index futures were little changed on Tuesday as a pessimistic outlook from multinational manufacturer Caterpillar was offset by hopes the boost from central banks' stimulus will sustain economic growth and markets. Europe must take "deep breath" and enact reforms: Merkel BERLIN (Reuters) - Chancellor Angela Merkel said on Tuesday that Europe could only hope to come out of its crisis stronger and compete in a globalised world if its members pressed ahead with painful reforms and moved to more responsible budget policies. Caterpillar pares bullish 2015 view on "anemic" economy LAS VEGAS (Reuters) - Caterpillar Inc cut its 2015 earnings forecast on Monday, becoming the latest heavyweight in Corporate America to sound alarms on the sluggish global economic recovery. French court upholds Total conviction in Erika oil spill PARIS (Reuters) - France's highest court upheld a conviction against oil giant Total on Tuesday over an 1999 oil spill, in a blow to the company which had hoped it would be absolved of blame for one of France's worst environmental disasters. Glencore cuts down Kazzinc deal, eyes 70 percent stake MOSCOW (Reuters) - Trader Glencore has trimmed its ambitions to control Kazakh zinc producer Kazzinc, announcing a revised cash and shares agreement worth up to $1.4 billion, less than half the original deal, to raise its stake to just under 70 percent. Google starts Nexus 7 tablet, content sales in Japan TOKYO (Reuters) - Google Inc launched its Nexus 7 tablet in Japan, as well as local language movies and books, in what has rapidly become one of its biggest global markets for digital downloads. Restaurants oppose $7.2 billion credit-card fee settlement NEW YORK (Reuters) - The National Restaurant Association said Tuesday it is joining the opposition to a proposed $7.2 billion settlement between some retailers and Visa Inc and MasterCard Inc over fees for credit card transactions. Greece says bailout extension would cost 13-15 billion euros ATHENS (Reuters) - Greece would need an additional 13-15 billion euros ($17-$19) to finance a two-year extension to meet its budget targets but is confident of bridging that gap without burdening European taxpayers, Finance Minister Yannis Stournaras told Reuters on Tuesday. Analysis: As worst euro fears fade, U.S. fiscal cliff looms LONDON (Reuters) - The euro zone has stepped back from the brink of disaster for now, but the global economy could soon be staring into another abyss if U.S. politicians fail to head off $600 billion in automatic austerity that all but guarantees a new recession. Toys R Us to hire 45,000 seasonal employees across U.S. (Reuters) - Toys R Us Inc said it will hire 45,000 seasonal employees across the United States to cope with the upcoming holiday season. Related Video Breakingviews: Franco-German politics of BAE/EADS Europe Day Ahead: Draghi to outline euro rescue plan Economic News Fed's Williams sees expanded QE3 in 2013, end by 2014 BoE's Fisher: confident of new scheme boost to UK credit supply 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