Business Today: Stock futures up as Spain works on reforms; Apple eyed

		Click to View in Browser 09/21/2012 Stock futures up as Spain works on reforms; Apple eyed NEW YORK (Reuters) - Stock index futures advanced on Friday as Spain worked on reform measures in anticipation of a bailout package and as Apple debuted its latest iPhone worldwide. GM recalls nearly 474,000 cars over gear shift problem (Reuters) - General Motors Co is recalling 473,841 Chevrolet, Pontiac and Saturn sedans globally to fix a condition that could lead the cars to roll when the drivers think they are in park, the No. 1 U.S. automaker said on Friday. Grumbles over maps as Apple's iPhone 5 hits stores SYDNEY/TOKYO (Reuters) - IPhone aficionados queued around city blocks on Friday to get their hands on Apple Inc's new iPhone 5 - but complaints about inaccurate maps and the lack of a mobile wallet feature were voiced amid the excitement. Universal wins EU approval for EMI buy, must sell assets BRUSSELS (Reuters) - Vivendi's Universal Music Group clinched EU regulatory approval on Friday to buy EMI's recorded music unit for $1.9 billion after agreeing to sell record labels that bring in nearly a third of the British company's revenues. Swiss railway weighs challenge to Apple over trademark clock ZURICH (Reuters) - Swiss railway operator SBB and a Swiss watchmaker are considering challenging Apple over the striking similarity between the country's trademark station clocks and the clock on a new operating system for the iPad. No decisions on EADS/BAE merger seen at Merkel-Hollande talks: aide BERLIN (Reuters) - Angela Merkel and Francois Hollande will discuss the merger of European aerospace firm EADS and British defense firm BAE Systems at a Franco-German summit on Saturday but will not make any decisions, a Merkel aide said on Friday. Exclusive: Spain eyes pension reform with aid package in sight MADRID (Reuters) - Spain is considering freezing pensions and speeding up a planned rise in the retirement age as it races to cut spending and meet conditions of an expected international sovereign aid package, sources with knowledge of the matter said. BP has proposed buying Russia Rosneft stake: Rosneft CEO SOCHI, Russia (Reuters) - BP Plc's bosses have told Russian President Vladimir Putin that the British oil major would like to buy a stake in Russian crude oil giant Rosneft , Rosneft CEO Igor Sechin said on Friday. BlackBerry maker suffers email problems in Europe (Reuters) - Blackberry maker Research In Motion Ltd suffered service problems in Europe on Friday, just as its key rival Apple Inc started deliveries of its new iPhone around the world. Insurers face tougher times as Somali piracy drops LONDON (Reuters) - A dramatic fall in pirate attacks off the Somali coast is forcing down the cost of piracy insurance for commercial ships, taking the shine off a fast-growing and lucrative market for London-based insurers. Related Video U.S. Morning Call: Line up! iPhone 5 hits stores worldwide Reuters Asks: Will the risk rally continue until year end? Economic News Factory, jobless claims reports signal weakness SEC's Schapiro: U.S. risk council must push for money market reforms 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