Business Today: Google's Schmidt to meet Britain's Cameron as tax row rages

		Click to View in Browser 05/17/2013 Google's Schmidt to meet Britain's Cameron as tax row rages LONDON (Reuters) - Google Inc's Executive Chairman Eric Schmidt is due to meet British Prime Minister David Cameron on Monday as a participant of an advisory group just days after UK lawmakers lambasted the Internet company's tax affairs. ECB to keep monetary policy loose for as long as needed ORLEANS, France (Reuters) - The European Central Bank will keep its loose and growth-supportive monetary policy stance in place for "quite a long time", ECB executive board members said on Friday. Stock futures rise ahead of UMich, leading indicators data NEW YORK (Reuters) - Stock index futures rose on Friday, indicating the S&P 500 will rebound from its worst decline in nearly three weeks, keeping the index on track for its fourth straight weekly advance ahead of data on consumer sentiment. Shares bounce off lows after talk of Fed QE exit LONDON (Reuters) - European shares lifted off lows on Friday while the dollar held near a 10-month high against a basket of currencies as investors considered the prospect the Federal Reserve might begin easing off on asset buying. Japan PM sets targets in latest growth strategy tranche TOKYO (Reuters) - The latest tranche of Japan's growth strategy will aim to triple infrastructure exports and double farm exports by 2020, as well as boost private investment, Prime Minister Shinzo Abe said on Friday. After Google, Amazon to be grilled on UK tax presence LONDON (Reuters) - Internet retailer Amazon.com Inc. will be called back to the British parliament to clarify how its activities in the UK justify its low corporate income tax bill, two lawmakers told Reuters. Rivals get longer to comment on Google EU antitrust offer: source BRUSSELS (Reuters) - EU antitrust regulators have given some of Google's rivals more time to study its proposals to settle anti-competitive complaints, which could provide more leverage to pry further concessions from the Internet search giant. European car sales end losing streak, respite may be brief FRANKFURT/LONDON (Reuters) - Europe's ailing car market ended a streak of 18 straight months of falling sales, though a number of one-off factors suggested that a sustained recovery will be harder to achieve. ABN AMRO cuts 400 jobs as prepares for eventual sale AMSTERDAM (Reuters) - State-owned Dutch bank ABN AMRO is to cut 400 jobs, about 2 percent of its workforce, as it prepares for an eventual sale. Dell's profit dives as billionaire battle rages on SAN FRANCISCO (Reuters) - Dell Inc, the subject of a takeover battle between activist investor Carl Icahn and the company's billionaire founder, reported a 79 percent slide in profit as personal computer sales continued to shrink. Related Video U.S. Morning Call: New JCP CEO to face shareholders Market Pulse: "Buy dollars, wear diamonds"; Turkey sizzles Economic News Fed hawks call for retreat from mortgage stimulus Evidence mounts on slower U.S. economic growth 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