Business Today: Wall Street set to open higher after two-day decline

		Click to View in Browser 03/19/2013 Wall Street set to open higher after two-day decline NEW YORK (Reuters) - Stock index futures rose on Tuesday, helped by signs that the U.S. housing market recovery is gathering pace, as investors shrugged off developments in Cyprus that may lead the country into default. Housing starts rise, permits at four-and-half year high WASHINGTON (Reuters) - Groundbreaking to build new homes rose in February and new permits for construction rose to the highest level since 2008, a sign the nation's housing market recovery is gathering steam. Cyprus aims to let small savers out of deposit tax; veto still likely NICOSIA (Reuters) - Cyprus's government proposed on Tuesday to spare small savers from a divisive levy on bank deposits but said it expects parliament to reject the measure, needed to secure an international bailout and avoid default and a banking collapse. More homeowners got back above water in fourth quarter: CoreLogic NEW YORK (Reuters) - Rising home prices last year helped more homeowners get back above water on their mortgages in the fourth quarter, a fresh sign of improvement in the housing market, data from CoreLogic showed on Tuesday. Boeing signs $15.6 billion landmark order with Ryanair DUBLIN (Reuters) - Ryanair announced a $15.6 billion order for 175 passenger jets from Boeing on Tuesday in a boost to the struggling planemaker that will allow the Irish airline to consolidate its position as Europe's dominant low-cost carrier. Outgoing Bank of Japan head warns no quick fix to Japan's deflation TOKYO (Reuters) - Outgoing Bank of Japan Governor Masaaki Shirakawa warned on Tuesday there is no quick way to fix an economy that has suffered 15 years of deflation and that aggressive money printing alone was not the answer. Samsung working on wristwatch to rival Apple's SEOUL (Reuters) - Samsung Electronics Co is developing a wearable digital device similar to a wristwatch, a source with direct knowledge of the matter said, joining rival Apple Inc in creating new products as growth of smartphone sales slows. UBS becomes latest bank to quit Euribor rates panel ZURICH (Reuters) - UBS said it would pull out of money market rate Euribor, one of the most prominent banks to do so after a global benchmark rate-setting scandal, in a move that renews questions about the rate's future. ThyssenKrupp plans $1.3 billion-plus share sale: report FRANKFURT (Reuters) - Germany's ThyssenKrupp plans to raise over 1 billion euros ($1.3 billion) in a share sale to bolster its finances after winning over its biggest investor to the plan, a newspaper reported, sending the steelmaker's stock sliding. BMW sees flat 2013 pretax profits as costs rise MUNICH (Reuters) - German premium automaker BMW expects earnings to stagnate this year as costs for 11 new model launches, capacity expansion and spending on fuel-efficient technology eat up higher profits from selling more cars. Related Video Reuters Breakingviews: No quick fix for UK budget UK coffee machine maker whips up exports Economic News Bill to avert government shutdown inches to Senate passage Fed to hold course on stimulus despite debate over risks 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