Business Today: Wall Street set for bounce after last week's sell-off

		Click to View in Browser 04/8/2013 Wall Street set for bounce after last week's sell-off NEW YORK (Reuters) - Stock index futures rose on Monday, bouncing back from the worst weekly decline this year even as investors face the prospect of a lackluster corporate earnings season. EU regulators to approve $15.8 billion Liberty, Virgin deal: sources BRUSSELS/LONDON (Reuters) - John Malone's Liberty Global will get unconditional EU clearance for its $15.8 billion bid for Virgin Media, two people familiar with the matter said on Monday, in a move which pits the U.S. billionaire against rival Rupert Murdoch. Macy's, J.C. Penney set to resume trial over Martha Stewart NEW YORK (Reuters) - Macy's Inc and rival J.C. Penney Co Inc are due back in court Monday in their battle over Martha Stewart home goods after a month-long mediation effort appeared to have failed. GE to acquire oilfield services provider Lufkin for $3 billion (Reuters) - General Electric Co said it will buy oilfield services provider Lufkin Industries Inc for about $2.98 billion to boost its presence in the energy business. Union rules out warning strikes at Lufthansa until mid-April FRANKFURT (Reuters) - German trade union Verdi has ruled out warning strikes at Lufthansa until the middle of next week, saying the airline pledged to present a new offer at the next negotiation round starting Apr. 17. Rogue trader Leeson gets Irish partnership as financial adviser DUBLIN (Reuters) - Nick Leeson, the former rogue trader who brought down Britain's oldest investment bank, has a new job as a partner in an Irish firm advising borrowers struggling to make loan repayments. Avon plans to cut over 400 jobs, exit Ireland (Reuters) - Avon Products Inc said on Monday it will slash more than 400 jobs as part of a turnaround plan aimed at restoring the cosmetics maker to profitability. Greek banks NBG, Eurobank face state rescue ATHENS (Reuters) - Two of Greece's biggest banks face nationalization after failing to attract private investment and a surprise move by the state to suspend their merger deal. Airbus seen close to BA deal, adding pressure for Boeing revamp PARIS (Reuters) - A potential $7 billion order from British Airways for Airbus A350 jets is set to hand Boeing Co its next major challenge as it nears the end of a three-month crisis over the grounding of the 787 Dreamliner, analysts said. UPS appeals EU rejection of $6.7 billion TNT Express bid NEW YORK (Reuters) - United Parcel Services Inc has appealed the European Union regulator's decision to block its 5.16 billion euro ($6.7 billion) bid for Dutch competitor TNT Express NV , a UPS spokeswoman told Reuters on Sunday. Related Video U.S. Morning Call: Bulls look to earnings to keep rally on Market Pulse: Crisis in Portugal? More of a "sweet spot" Economic News U.S. to press Europe on rebalancing economic demand: official Weak job gains hurt economic outlook 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