Business Today: Stock futures higher after ADP jobs report

		Click to View in Browser 10/3/2012 Stock futures higher after ADP jobs report NEW YORK (Reuters) - Stock index futures rose on Wednesday after a report showed the private sector added more jobs than expected last month, boosting confidence in the labor market ahead of the closely watched monthly payrolls report at the end of the week. MetroPCS approves merger with T-Mobile USA: report FRANKFURT (Reuters) - The board of MetroPCS has approved a merger with Deutsche Telekom's T-Mobile USA unit, German newspaper Financial Times Deutschland said on Wednesday, citing unidentified people familiar with the process. Private sector adds 162,000 jobs in September: ADP NEW YORK (Reuters) - Companies added 162,000 jobs in September, more than economists expected but still pointing to slow improvement in the labor market, data from a payrolls processor showed on Wednesday. Euro zone September PMI slide suggests no return to growth this year LONDON (Reuters) - Dwindling new orders and faster layoffs marked a worsening decline for euro zone companies last month, according to business surveys that dent hopes the economy will return to growth before 2013. EU to decide on Glencore-Xstrata deal by November 8 BRUSSELS/LONDON (Reuters) - EU antitrust regulators have set a November 8 deadline to decide on whether to allow trader Glencore's $33 billion takeover of miner Xstrata, after months of talks which the companies hope will help avoid forced sales or a lengthier, in-depth probe. EU facing a summit packed with pitfalls BRUSSELS (Reuters) - Banking supervision, the single market, a centralized euro zone budget, a single bank resolution fund, direct recapitalization of banks from rescue funds and much stricter fiscal oversight. Spanish investors in Gecina file for bankruptcy MADRID (Reuters) - Two Spanish investment firms that own 31 percent of French property company Gecina have filed one of the biggest bankruptcy actions in Spanish history after a bank refused to refinance a 1.6 billion euro ($2.1 billion) loan. Telefonica moves ahead with O2 Germany IPO MADRID/FRANKFURT (Reuters) - Telefonica started the sale of up to 20 percent of its O2-branded German subsidiary on Wednesday, with the company set to raise up to 1.5 billion euros ($2 billion) from the initial public share offer which is now expected to go ahead later this month to help cut the Spanish group's huge debts. Qatar Islamic Bank raises $750 million from sukuk sale DUBAI (Reuters) - Qatar Islamic Bank , the Gulf Arab state's largest sharia-compliant lender, returned to global debt markets after two years with a $750 million Islamic bond sale on Wednesday, tapping into strong liquidity for regional issuers. Pearson CEO Scardino's departure could lead to FT sale LONDON (Reuters) - Pearson Chief Executive Marjorie Scardino will step down after 16 years, potentially clearing the way for her successor at the global educational and media group to sell the Financial Times newspaper. Related Video Breakingviews: FT stick or twist? Vietnam struggles to get its house in order Economic News U.S. economy may be nipping at apartment sector Private sector adds 162,000 jobs in September: ADP 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