Business Today: Stock futures dip after Alcoa results, outlook

		Click to View in Browser 10/10/2012 Stock futures dip after Alcoa results, outlook NEW YORK (Reuters) - Stock index futures edged lower on Wednesday after Alcoa kicked off earnings season by warning of a slight slowdown in some markets, highlighting concerns about sluggish global growth, even as its quarterly results beat expectations. EADS, BAE call off world's biggest arms merger LONDON (Reuters) - EADS and BAE Systems called off the world's largest defense and aviation merger on Wednesday, and sources close to the talks blamed Germany for wrecking the $45 billion deal. Toyota to recall 7.4 million vehicles over power window glitch TOKYO (Reuters) - Toyota Motor Corp said it would recall more than 7.4 million vehicles worldwide as a faulty power window switch was a potential fire hazard, the latest in a series of setbacks that have dented the reputation of Japan's biggest automaker. U.S. panel to probe new wave of complaints against Huawei, ZTE WASHINGTON (Reuters) - A U.S. congressional report that urged American companies to stop doing business with Chinese telecom equipment makers Huawei and ZTE has triggered a fresh wave of complaints against the firms, opening a second phase to the panel's investigation. IMF chides EU for "critically incomplete" crisis response TOKYO (Reuters) - The International Monetary Fund urged European policymakers to deepen the financial and fiscal ties within the euro area with some urgency to restore sagging confidence in the global financial system. U.S. firms less optimistic, but will still invest in China: survey WASHINGTON (Reuters) - Many U.S. companies are less optimistic about doing business in China even though sales there are still rising, and most of those firms are planning to increase investment, according to an annual survey of business executives released on Wednesday. Mortgage applications fell last week: MBA (Reuters) - Applications for home mortgages fell last week as demand for refinancing eased slightly but purchase applications rose to their highest levels since June, an industry group said on Wednesday. Analysis: Greek reform pledge on trial as state sales resume ATHENS (Reuters) - As Greece's privatization program resumes this month, nearly half a year behind schedule, at stake is not just the billions of euros it needs to raise, but the credibility of its commitment to reforms demanded by its creditors. OPEC says ample oil supply to persist in 2013 LONDON (Reuters) - OPEC trimmed its forecast for world oil demand growth in 2013 due to a slowing global economy and said it expected a trend for ample supply to persist, reinforcing its message that producers are doing enough to tackle high prices. Oil holds above $114 on Middle East supply worries LONDON (Reuters) - Brent crude oil fell towards $114 a barrel but remained close to a three-week high on Wednesday, as worries over the security of Middle East supplies outweighed increasing evidence of slowing global economic growth. Related Video Curved glass link to fast beer drinking Double Trouble for Toyota. Economic News U.S. jobless rate tumbles to near four-year low U.S. NFIB business optimism survey edges lower on hiring plans 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