Business Today: Stock futures retreat amid mixed Fed signals on stimulus

		Click to View in Browser 11/13/2013 Stock futures retreat amid mixed Fed signals on stimulus NEW YORK (Reuters) - U.S. stock index futures fell on Wednesday as uncertainty over how soon the Federal Reserve will begin to scale back its stimulus efforts curbed investors' appetite for risky assets. Starbucks to restate results to show loss from Kraft damages (Reuters) - Starbucks Corp said it would restate fourth-quarter results to show an operating loss of $2.12 billion to reflect damages related to its dispute with Kraft Foods. Macy's sales rise more than expected; shares jump (Reuters) - Macy's Inc on Wednesday reported higher-than-expected -quarterly sales and earnings, helped by more promotions and advertising, and the department store chain said business had improved as the quarter progressed. PetroChina buying Petrobras Peru unit for $2.6 billion BEIJING (Reuters) - PetroChina , China's top oil and gas firm, has struck a deal to acquire the Peruvian oil and gas assets of Brazilian state-led oil company Petrobras for $2.6 billion. ECB briefs heads of top euro zone banks ahead of stress tests FRANKFURT (Reuters) - Bosses from top euro zone banks were gathering at the European Central Bank on Wednesday to find out what it will be looking for in its upcoming "stress tests" on their balance sheets. Risk appetite subdued on Fed uncertainty, dollar steadies LONDON (Reuters) - Uncertainty about the timing of a cut in Federal Reserve stimulus and the fine print of economic reforms in China kept global markets under pressure on Wednesday. Analysis: Deflation threat in Europe may prompt investment rethink LONDON (Reuters) - The threat of deflation in the euro zone could reverse a major investment trend of 2013, drawing funds out of stocks and into government bonds and cash. China October fiscal revenues up 16.2 percent year on year BEIJING (Reuters) - China's fiscal revenues in October rose 16.2 pct from a year earlier to 1.2 trillion yuan ($197 billion), the Ministry of Finance said on Wednesday, accelerating from September's 13.4 percent rise. Rosneft beats rivals to grab Enel's $1.8 billion SeverEnergia stake MILAN/MOSCOW (Reuters) - Italy's biggest utility Enel has completed the $1.8 billion sale of its stake in Russian natural gas producer SeverEnergia to Kremlin-controlled Rosneft , despite resistance from other shareholders. Analysis: Contractors squeezed as oil budgets tighten LONDON (Reuters) - Under pressure from their shareholders to spend less, international oil companies are demanding cheaper and simpler services, equipment and engineering, a red flag for contract firms which rely heavily on their needs. Related Video Breakingviews: Carney's (almost) embarrassment of riches China reform-watchers will have to wait Economic News U.S. mortgage applications dip in latest week: MBA Two Fed officials say aggressive policy action still needed 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