Business Today: Stock futures imply modest gains, Wall Street on track for strong week

		Click to View in Browser 03/21/2014 Stock futures imply modest gains, Wall Street on track for strong week NEW YORK (Reuters) - U.S. stock index futures pointed to a slightly higher open on Friday, with major indexes on track for a week of strong gains, though geopolitical concerns remained in view as the tenuous situation in Ukraine continued. Temasek agrees to buy stake in beauty retailer A.S.Watson for $5.7 billion HONG KONG (Reuters) - Singapore state investor Temasek Holdings has agreed to buy almost a quarter of health and beauty retailer A.S. Watson for about $5.7 billion in what would be its single biggest investment and one that would boost its exposure to Asia's fast growing consumer sector. Tiffany gives cautious 2014 forecast (Reuters) - Tiffany & Co struck a cautious note on Friday about 2014, giving a profit forecast that was below estimates despite its projection that net worldwide sales would rise by a high-single digit percentage this year. Rough road ahead for GM as U.S. Congress plots safety probe WASHINGTON (Reuters) - The U.S. congressional investigation into General Motors Co automobile defects will bring aggressive scrutiny to a company with powerful lobbying clout and strong ties on Capitol Hill. Tesco confirms joint venture with Tata in India LONDON (Reuters) - Britain's Tesco has sealed a joint venture agreement with a unit of India's Tata Group that will see it invest $140 million and become the first foreign supermarket to enter the country's $500 billion pounds retail sector. Lufthansa pilots vote for strike in pay row FRANKFURT (Reuters) - Pilots at German flagship carrier Lufthansa voted in favor of going on strike in a dispute over pay and working conditions, union Vereinigung Cockpit (VC) said on Friday. Megaupload's Dotcom loses case to access extradition evidence WELLINGTON (Reuters) - Internet entrepreneur Kim Dotcom on Friday suffered another blow to his fight against extradition to the United States to face online piracy charges after New Zealand's highest court rejected his appeal to access evidence to be presented at the hearing. GM CEO Barra to testify before U.S. House committee on April 1 WASHINGTON (Reuters) - General Motors Co Chief Executive Mary Barra is scheduled to testify on April 1 to a U.S. House of Representatives panel investigating the company's long-running problem with defective ignition switches that have been linked to 12 deaths, the committee said on Thursday. All big U.S. banks but one pass Fed's health test WASHINGTON (Reuters) - U.S. big banks have enough capital buffers to withstand a drastic economic downturn, the Federal Reserve said on Thursday, announcing that 29 out of 30 major banks met the minimum hurdle in its annual health check. U.S. sanctions hit Gunvor co-founder, prompting stake sale GENEVA (Reuters) - The United States added Russian billionaire Gennady Timchenko to its sanctions list on Thursday, forcing him to sell his near 50 percent stake in the vast oil trading empire he co-founded in order to keep it running. Related Video Breakingviews: Bouygues' intriguing tactics in SFR battle West steps up Russia sanctions Economic News U.S. jobs, factory data show improvement; housing lags All big U.S. banks but one pass Fed's health test 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