Business Today: Stock futures edge higher hours before "cliff" deadline

		Click to View in Browser 12/31/2012 Stock futures edge higher hours before "cliff" deadline NEW YORK (Reuters) - Stock futures edged higher on Monday after a five-session losing streak as political leaders in Washington worked against the clock to keep the United States from going over the "fiscal cliff." Hours from "fiscal cliff," Washington still awaits deal WASHINGTON (Reuters) - The Congress comes back on Monday without a deal to avert the "fiscal cliff" and with only a few hours of actual legislative time scheduled in which to act if an agreement materializes. Global shares steady as U.S. totters on fiscal cliff LONDON (Reuters) - World shares were steady on Monday, but set to end the year up 13 percent, as U.S. politicians prepared for last-minute talks to avoid a fiscal crunch of spending cuts and tax hikes that could drag down the world economy in 2013. Publisher Tribune emerges from bankruptcy (Reuters) - Media giant Tribune Co, owner of the Los Angeles Times and the Chicago Tribune, emerged from bankruptcy on Monday, ending four years of Chapter 11 reorganization. China to keep prudent monetary policy in 2013: central bank BEIJING (Reuters) - China will stick to a prudent monetary policy next year and keep consumer prices stable, its outgoing central bank governor, Zhou Xiaochuan, said on Monday, in fresh sign that Beijing won't be changing direction when the new government takes over in 2013. Exclusive: Huawei partner offered embargoed HP gear to Iran (Reuters) - A major Iranian partner of Huawei Technologies offered to sell at least 1.3 million euros worth of embargoed Hewlett-Packard computer equipment to Iran's largest mobile-phone operator in late 2010, documents show. Stung Bankia investors look to courts for justice MADRID (Reuters) - Spanish savers and pensioners who have seen their money wiped out by investing in state-rescued lender Bankia are likely to seek redress in court rather than wait for any official inquiry, which looks increasingly unlikely. China factory sector strongest since May 2011: survey BEIJING (Reuters) - Activity in China's vast manufacturing sector hit its fastest pace in December since May 2011, a survey of private factory managers showed, with a sub-index for new orders pointing to continued strength in the new year. Private equity firms to buy Duff & Phelps for $665 million NEW YORK (Reuters) - A group of private equity firms, including the Carlyle Group , struck a deal on Sunday to buy financial advisory and investment banking firm Duff & Phelps Corp for about $665.5 million. Obama says failure to reach fiscal deal would hurt markets WASHINGTON (Reuters) - Financial markets would be affected adversely if U.S. lawmakers fail to agree on a "fiscal cliff" deal before Tuesday, President Barack Obama said in an interview broadcast on Sunday, while urging Congress to act quickly to extend tax cuts for middle-class Americans. Related Video The 2012 stumbles of tech's new class U.S. Morning Call: Washington, markets await 'fiscal' deal Economic News Hours from "fiscal cliff," Washington still awaits deal Obama says failure to reach fiscal deal would hurt markets 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