Business Today: Fed stimulus debate leaves dollar at five-week low

		Click to View in Browser 07/26/2013 Fed stimulus debate leaves dollar at five-week low LONDON (Reuters) - The dollar held at a five-week low and gold headed for its best month in over 1-1/2 years on Friday, after a report that the U.S. Federal Reserve will next week underline its intention to keep interest rates low for a long time. U.S. charges SAC Capital with insider trading crimes By Emily Flitter, Svea Herbst-Bayliss and Jonathan Stempel Vivendi overhaul gathers pace with $8.2 billion Activision deal PARIS (Reuters) - Vivendi plans to sell the bulk of its stake in Activision Blizzard Inc to the video games maker and its management for $8.2 billion, the French conglomerate's second blockbuster deal in a week. Banks shiver as UBS swallows $885 million U.S. fine WASHINGTON/LONDON (Reuters) - UBS will pay $885 million in a settlement with a U.S. regulators over allegations the Swiss bank misrepresented mortgage-backed bonds during the housing bubble, paving the way for billions more to be paid by other banks. KKR's second-quarter earnings plunge on fund values NEW YORK (Reuters) - KKR & Co LP said on Friday that its second-quarter earnings declined by 74 percent as a lower appreciation in its private equity funds overshadowed a quadrupling in the cash it received from the profits its funds generated. Greece gets green light for 4 billion euro payment, EU says BRUSSELS (Reuters) - Euro zone officials have approved the transfer of 4 billion euros ($5.3 billion) of funding to Greece and euro zone governments are expected to approve disbursement by Monday, the European Commission said on Friday. Insight: How Samsung is beating Apple in China GUANGZHOU, China/SEOUL (Reuters) - Apple Chief Executive Tim Cook believes that "over the arc of time" China is a huge opportunity for his pathbreaking company. But time looks to be on the side of rival Samsung Electronics Co Ltd, which has been around far longer and penetrated much deeper into the world's most populous country. Siemens' board to meet at weekend to discuss management: sources MUNICH (Reuters) - Members of Siemens' supervisory board will meet at the weekend to discuss the German engineering group's management, two people familiar with the matter said on Friday, days after Siemens abandoned its 2014 profit margin target. General Electric to cut 600 jobs in France: union PARIS (Reuters) - U.S. technology and financial services firm General Electric is to cut 600 jobs in France, mostly at its finance arm, a union official said, seeking to further shrink the division's activities in the wake of the banking crisis. Qatar Airways grounds one 787, cites 'minor' technical problem DUBAI (Reuters) - Qatar Airways said on Friday it had taken one of its 787 Dreamliners out of service following what it described as a "minor" technical issue. Related Video U.S. Morning Call: Starbucks, Sharpie's & Samsung Breakingviews: Vivendi gets shot of Activision Economic News Analysis: Obama, Republicans gear up for bruising U.S. budget fight Businesses set to step up capital goods spending 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