Business Today: Bank of America to pay $404 million to Freddie Mac to settle mortgage dispute

		Click to View in Browser 12/2/2013 Bank of America to pay $404 million to Freddie Mac to settle mortgage dispute (Reuters) - Bank of America said it settled all claims with Freddie Mac arising from residential mortgages sold to the government-backed housing agency through the end of 2009. Futures flat after 8-week run-up; data on tap NEW YORK (Reuters) - U.S. stock index futures were little changed on Monday in the wake of eight straight weeks of gains after mixed data on China and the euro zone and ahead of U.S. economic reports which could provide some clues on the strength of the recovery. Bali talks to decide fate of WTO GENEVA/JAKARTA (Reuters) - Crisis is the natural state of world trade negotiations. But this week will be different. Insight: After massive economic stimulus, BOJ under pressure to do more TOKYO (Reuters) - A year into "Abenomics," it was not supposed to be like this for the Bank of Japan. Global shares, euro rattled but sterling drives higher LONDON (Reuters) - Evidence that Britain's economy is accelerating away from its European neighbors drove sterling to a five-year high on Monday, as signs of backsliding in France and Spain spooked euro zone stocks. Thyssen shares sink as U.S. deal fails to fix wider losses FRANKFURT (Reuters) - ThyssenKrupp shares collapsed on Monday after the steelmaker's announcement of a buyer for only part of its loss-making Steel Americas unit left investors worried how much it still must do to extract itself from a business that is costing it billions. Global factory growth picks up but Europe diverging LONDON/BEIJING (Reuters) - Increasing demand for manufactured goods drove global factory activity higher last month but the spurt in the euro zone masked a widening disparity among some of the bloc's key members. GSK says CEO's China visit flags commitment in face of graft scandal LONDON/BEIJING (Reuters) - GlaxoSmithKline's (GSK) chief executive is showing his commitment to doing business in China by joining a trade trip there, a GSK spokesman said on Monday, after allegations of illegal payments to Chinese doctors and officials. Danone may take legal action over baby formula recall, says Fonterra WELLINGTON/PARIS (Reuters) - New Zealand dairy exporter Fonterra may face legal action from France's Danone over the recall of infant formula containing a potentially contaminated Fonterra ingredient, the company said on Monday. China Southern Airlines says four executives under anti-graft probe BEIJING (Reuters) - China Southern Airlines said it reported four middle-ranking executives to authorities after an internal audit uncovered irregularities as China steps up its anti-corruption campaign. Related Video Ring them bells! UK manufacturing hits high note Breakingviews: ThyssenKrupp capital hike not steely enough Economic News Fed unlikely to redraw markers for rate hike U.S. retail sales up at start of holiday season: data 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