Business Today: Stock futures rise on deals, extend seven-week rally

		Click to View in Browser 02/19/2013 Stock futures rise on deals, extend seven-week rally NEW YORK (Reuters) - Stock index futures advanced on Tuesday, indicating the S&P 500 will build on its seven-week winning streak on optimism about M&A activity and before data on the housing market. BP claims U.S. accepts its "collected" spill barrels LONDON (Reuters) - BP said the U.S. Department of Justice has backed its claim that oil it recovered at the 2010 spill site should be excluded from certain penalties it could face, potentially cutting its final fine by as much as $3.5 billion. Lloyds fined by UK regulator over PPI payout delays LONDON (Reuters) - Britain's financial regulator fined Lloyds Banking Group 4.3 million pounds ($6.7 million) on Monday for not paying compensation quickly enough to customers wrongly sold insurance on loans and mortgages. Nestle withdraws pasta meals as horsemeat scandal spreads ZURICH/LONDON (Reuters) - Nestle has removed beef pasta meals sold under its Buitoni brand from sale in Italy and Spain after finding traces of horsemeat, becoming the latest victim of a food scandal still spreading across Europe. Swelling found in second battery on All Nippon Dreamliner TOKYO (Reuters) - Cells in a second lithium-ion battery on a Boeing Co 787 Dreamliner forced to make an emergency landing in Japan last month showed slight swelling, a Japan Transport Safety Board (JTSB) official said on Tuesday. Analysis: Vitol's dominance grows in cash European oil markets LONDON (Reuters) - Top oil trader Vitol is increasingly dominant in European oil markets, taking a stranglehold on Urals crude to the Mediterranean and the naphtha and gas oil markets that rival traders say make it extraordinarily influential over prices. Xstrata unit wins environmental approval for $5.9 billion Philippine mine MANILA (Reuters) - Global miner Xstrata Plc's $5.9 billion Tampakan mine in the Philippines has been granted an environmental compliance certificate by the government, the company said on Tuesday, removing one of the hurdles delaying work on Southeast Asia's biggest copper-gold prospect. Greek current account gap shrinks - only one new Ferrari ATHENS (Reuters) - Greece's current account deficit narrowed last year to its lowest level since the country joined the euro, adding to evidence that the economy is slowly responding to harsh austerity measures. Ford, Peugeot, Toyota lead Europe auto sales to new low PARIS (Reuters) - Ford , PSA Peugeot Citroen and Toyota led European car sales to a new low in January, kicking off 2013 with an 8.5 percent decline, the Association of European Automakers said on Tuesday. BOJ board rift may delay new governor's policy ambitions TOKYO (Reuters) - A rift among Bank of Japan board members over how to achieve the new 2 percent inflation target means the central bank's next governor may have to move more cautiously than markets expect in stimulating the economy. Related Video U.S. Morning Call: Office Depot, OfficeMax in merger talks Hundreds of Iberia flights cancelled over strike Economic News Manufacturing stumbles but seen regaining footing New York Fed manufacturing grows in Feb for first time in seven months 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