Business Today: Default concerns grow as debt deadline looms

		Click to View in Browser 10/14/2013 Default concerns grow as debt deadline looms NEW YORK (Reuters) - U.S. stock index futures sank on Monday after weekend talks between Republicans and Democrats failed to conclude an agreement to reopen the federal government and raise the limit on federal borrowing authority, which will be reached in three days. Insight: How Credit Suisse underwent painful bond surgery -and survived NEW YORK/ZURICH (Reuters) - In spring 2009, senior Credit Suisse executive Gaël de Boissard told colleagues at a strategy meeting that as the bank reshaped its bond trading business, they needed to remember the five stages of grief outlined decades ago by psychiatrist Elisabeth Kübler-Ross. India's headline inflation at 7-month high, another rate hike seen NEW DELHI (Reuters) - India's headline inflation unexpectedly hit a seven-month high in September, mainly driven by higher food prices, increasing the odds for yet another interest rate hike by the central bank at its policy review later this month. Yahoo CEO Mayer has advertisers' attention, but can she get their dollars? NEW YORK/SAN FRANCISCO (Reuters) - Three weeks ago, Yahoo Inc Chief Executive Marissa Mayer strode into a Manhattan hotel and was greeted like a rock star by hundreds of advertising executives who snapped pictures as she sat down for an interview with journalist Charlie Rose. Chevron goes to trial in New York over $18 billion Ecuador award NEW YORK (Reuters) - Chevron Corp will try to convince a U.S. judge this week that a group of Ecuadorean villagers and their U.S. lawyer used bribery to win an $18 billion judgment against Chevron from a court in Ecuador, in the latest chapter in a long-running fight over pollution in the Amazon jungle. U.S. debt doubts keep lid on shares, yen rises LONDON (Reuters) - Slow progress in talks to avert a U.S. debt default kept world shares and oil under pressure on Monday, while the yen rose as some investors shifted into safer assets. As crisis fades, G20 tries to get its mojo back WASHINGTON (Reuters) - Top officials for the world's biggest economic powers get nostalgic over how they mobilized to save the world from economic collapse in 2008. They are not nearly so glowing about their current muddle. China inflation at 7-month high, limits room for easing despite export tumble BEIJING (Reuters) - China's annual consumer inflation rate rose to a seven-month high of 3.1 percent in September as poor weather drove up food prices, limiting the scope for the central bank to maneuver to support the economy even as exports showed a surprise decline. Netflix in talks with U.S. cable companies: WSJ NEW YORK (Reuters) - Netflix Inc is in talks with several U.S. cable television companies including Comcast Corp and Suddenlink Communications to make its streaming video service available through their set-top boxes, the Wall Street Journal reported on Sunday, citing people familiar with the matter. Alibaba to transform China's 'e-conomy' with $500 billion marketplace HANGZHOU, China (Reuters) - Alibaba Group's plans to revolutionize China's retail industry, investing $16 billion in logistics and support by 2020, will open up China's vast interior and bring access to hundreds of millions of potential new customers. Related Video Sewage miners cleaning up in Israel Breakingviews: Peugeot needs cash, but not governments Economic News Senate leader sees chance for breaking fiscal impasse Analysis: Late Fed taper may do more harm than good for emerging nations 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