Business Today: U.S. housing starts, permits rise in July but below forecasts

		Click to View in Browser 08/16/2013 U.S. housing starts, permits rise in July but below forecasts WASHINGTON (Reuters) - U.S. housing starts and permits for future home construction rose less than expected in July, suggesting that higher mortgage rates could be slowing the housing market's momentum. Icahn seeks to fast-track his Dell lawsuit (Reuters) - Activist investor Carl Icahn will ask a Delaware court on Friday to fast-track his lawsuit against Dell Inc , a key thrust in his months-long effort to derail CEO Michael Dell's controversial $24.8 billion offer to buy and take private the No. 3 PC maker. Stock futures gain after selloff, indexes to fall for week NEW YORK (Reuters) - Stock index futures edged higher on Friday, after the largest decline on Wall Street in nearly two months a day earlier set major indexes on course for their first back-to-back weekly declines since late June. EU requests WTO panel on Chinese duties on steel tubes BRUSSELS (Reuters) - The European Union has asked the World Trade Organisation to rule in a dispute over Chinese anti-dumping duties on imports of high-performance stainless steel seamless tubes from the EU. Maersk raises outlook as cost control improve profits COPENHAGEN (Reuters) - A.P. Moller-Maersk operator of the world's biggest container shipping fleet, raised its annual profit forecast for the business on Friday, helped by tighter cost controls and lower fuel prices. At least one bid qualified for $7.4 billion South Korea fighter jet deal SEOUL (Reuters) - South Korea said on Friday that at least one bid came in under budget for its 8.3 trillion Korean won ($7.42 billion) purchase of 60 next generation fighter jets, the country's biggest-ever defense import program to replace its ageing fleet. EU wants one definition of bad loans for bank tests: source LONDON/FRANKFURT (Reuters) - Banks across the European Union will be asked to use a single definition for bad loans in the upcoming review of their loan books, a senior EU regulatory source told Reuters, making it harder for banks to conceal the state of their businesses behind local conventions. TDF disappointed by bids for its French unit: sources (Reuters) - Broadcast tower operator Telediffusion de France (TDF) received bids below the 4 billion-euro ($5.32 billion) asking price for its domestic unit, raising concern about its ability to seal a deal and repay debt, said three sources with knowledge of the process. European car market grew nearly 5 percent in July: Germany's VDA FRANKFURT (Reuters) - Europe's ailing car market grew in annual terms for only the second time this year in July, supporting hopes of a much-needed stabilization for battered producers in the second half of 2013. Analysis: U.S. retailers say uneven recovery keeps consumers cautious (Reuters) - From Wal-Mart Stores Inc and Gap Inc to Macy's Inc and McDonald's Corp, chains that cater to middle- and lower-income Americans say they are feeling the pinch of an uneven economic recovery. Related Video Broke team borrows soccer's famous names U.S. Morning Call: Sony Leads the Pack with Web TV Economic News U.S. housing starts, permits rise in July but below forecasts Analysis: U.S. retailers say uneven recovery keeps consumers cautious 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