Business Today: Stock futures edge lower after run up

		Click to View in Browser 09/17/2012 Stock futures edge lower after run up Stock index futures edged lower on Monday after the best two weeks for the S&P 500 in three months left the index at its highest level in nearly five years, with investors turning their attention to the economy and instability in the Middle East. China, U.S. issue tit-for-tat WTO trade complaints WASHINGTON/GENEVA (Reuters) - China filed a trade complaint on Monday to challenge a new U.S. law allowing duties on subsidized goods from China in a tit-for-tat exchange with the United States after Washington said it would launch a complaint against Beijing's support for car exports. AT&T says iPhone 5 fastest-selling iPhone ever (Reuters) - AT&T, the No. 2 U.S. mobile service provider, said it set a sales record with Apple's iPhone 5 over the weekend, making it the fastest-selling iPhone the company has ever offered. Political demands could "make or break" BAE-EADS merger PARIS (Reuters) - Talks to create a new European defense giant enter a perilous political phase this week, with national concerns growing over security and jobs while BAE Systems and EADS look ready to scrap their $45 billion merger if governments make too many demands. China launches WTO challenge to U.S. anti-subsidy tariffs GENEVA/BEIJING (Reuters) - China filed a complaint at the World Trade Organization on Monday to challenge a new U.S. law on "countervailing duties", or tariffs intended to combat export-promoting subsidies. Credit Suisse to reveal more data, staff names in U.S. tax probe ZURICH (Reuters) - Credit Suisse said it would transfer more information on its money management arm for wealthy Americans to U.S. officials, including more names of its own employees, as part of an effort to settle a tax evasion probe. Exclusive: Batelco eyes CWC assets in $1 billion telco deal - sources DUBAI (Reuters) - Bahrain Telecommunications Co is in talks with Cable & Wireless Communications to buy its assets in Monaco and a host of island nations, a deal potentially worth around $1 billion, three banking and industry sources said. Merkel says leaders must agree on closer euro zone coordination BERLIN (Reuters) - German Chancellor Angela Merkel said on Monday that she hoped to have agreed by the end of the year a process towards closer political co-ordination and greater accountability within the euro zone. Treasury resists GM plan on government stake sale: WSJ (Reuters) - The Treasury Department is unwilling to sell the government's stake in General Motors Co because a sale now would mean huge investment losses, the Wall Street Journal reported on Monday, citing people close to the matter. Indian rates held steady despite "big bang" reforms MUMBAI (Reuters) - India's central bank left interest rates unchanged but cut the cash reserve ratio for banks on Monday, disappointing market hopes that it would follow up the government's unexpected spate of bold reform measures by reducing borrowing costs. Related Video U.S. Morning Call: Investors come down after Fed euphoria Wealth Strategies: Size matters, Megacaps deliver returns Economic News Stocks, more than housing, seen as initial QE3 winners Gasoline pushes up inflation, could dent growth 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