Business Today: Stock futures point to lower open on German data

		Click to View in Browser 09/24/2012 Stock futures point to lower open on German data NEW YORK (Reuters) - Stock index futures pointed to a lower open on Monday, extending last week's decline as weak European data caused investors to question the prospects for global growth. Apple sold more than 5 million iPhone 5 (Reuters) - Apple Inc sold more than 5 million iPhone 5 smartphones in the three days after the new device hit the marketplace on September 21, the company said on Monday. German business mood worsens despite ECB bond plan BERLIN (Reuters) - German business sentiment dropped for a fifth straight month in September to its lowest since early 2010, raising fears of recession and underlining that a bold bond-buying plan laid out by the European Central Bank is no economic elixir. European lawmakers to question regulators over Libor BRUSSELS (Reuters) - Some of the world's top financial regulators will answer questions in the European Parliament on Monday about market manipulation such as the rigging of benchmark interest rate Libor. U.S. says complied with WTO ruling on Boeing subsidies GENEVA (Reuters) - The United States said on Monday it had complied with a ruling ordering it to withdraw unfair subsidies to Boeing as tit-for-tat exchanges flared up in the world's largest trade dispute. RBS to cut further 300 jobs at investment bank LONDON (Reuters) - Royal Bank of Scotland has increased its target for job cuts at its investment banking business to 3,800 by the end of 2013, 300 more than previously anticipated, according to slides released by the bank ahead of an investor presentation. EADS says BAE talks productive, expects to meet deadline PARIS (Reuters) - European aerospace group EADS on Monday described merger talks with BAE Systems as productive and said it was currently on track to meet an October 10 deadline for providing further details on plans to forge the world's largest arms firm. Fiat CEO says company is healthy, confirms 2012 targets TURIN (Reuters) - Italian car maker Fiat is healthy, its chief executive Sergio Marchionne said on Monday, confirming the targets for 2012. Wells Fargo should buy lender CIT Group, analyst says (Reuters) - Wells Fargo & Co, the fourth-largest U.S. bank, could boost its profits by buying CIT Group Inc even if it pays a 33 percent premium for the specialty lender, Stifel Nicolaus analyst Christopher Mutascio said on Monday. Foxconn China plant closes after clash involving 2,000 TAIPEI (Reuters) - Taiwan's Foxconn Technology Group, which assembles Apple's iPhones and makes components for top global electronics companies, closed a plant in China on Monday after about 2,000 workers were involved in a brawl at a company dormitory. Related Video Market Pulse: Ifo, German ESM view tests "teflon" euro U.S. Morning Call: Germany woes send EU shares, U.S. futures down Economic News America's hidden unemployed: too discouraged to count Lawmakers may push "fiscal cliff" deadlines into 2013 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