Business Today: Futures down after Asian data points to slowing growth

		Click to View in Browser 07/9/2012 Futures down after Asian data points to slowing growth NEW YORK (Reuters) - Stock index futures slipped on Monday, putting the S&P on pace for its third consecutive decline, after economic data in Asia pointed to a slowing of global economic growth. Growth, European worries send shares lower LONDON (Reuters) - The euro hovered near a two-year low and world shares fell on Monday as the darkening global growth outlook combined with low hopes of progress in Europe's debt crisis at a key meeting of finance ministers to drive investors away from risk assets. Fed officials favor QE3; Asian data signal drop in global demand BEIJING/TOKYO (Reuters) - Asia's biggest exporters showed further signs of slowing down in data published on Monday, signaling a fresh slide in global demand, as two top U.S. Federal Reserve officials said they favored easing monetary policy to boost growth. Bank of England's Tucker to testify on rate rigging row LONDON (Reuters) - A row about how much top British politicians and officials knew about interest rate rigging will intensify on Monday as the man tipped to be the next Bank of England governor reveals what he told Barclays when it fiddled its figures. OECD sees slowdowns deepening in China, India PARIS (Reuters) - China and India have entered more marked economic slowdowns while growth continues to moderate in most major industrial economies, the OECD said on Monday. Spain to get longer to reach budget goal BRUSSELS (Reuters) - Spain's economy minister will outline further budget savings to his peers, paving the way for Europe to grant the euro zone's fourth-largest economy an extra year to reach its deficit targets, diplomats said on Monday. Progressive expands tracking program to non-customers (Reuters) - Progressive Corp already has hundreds of thousands of auto insurance customers who willingly let the company track their driving behavior in exchange for the chance at substantial discounts, and on Monday the company opened the door to competitors' clients as well. How plane giants descended into global "price war" FARNBOROUGH, England (Reuters) - Airbus and Boeing head into this week's Farnborough Airshow locked in their fiercest market share battle for up to a decade, slashing prices to win key orders for their latest narrowbody jets and storing up potential trouble for future profit margins. Analysis: Flagging world economy relying on unstable energy boost LONDON (Reuters) - As storm clouds gather over the global economy again at midyear, lower energy prices are one of the few flickering rays of light on the horizon - even if they too look increasingly ephemeral. U.S. credit cards could brighten bank results NEW YORK (Reuters) - U.S. credit card delinquencies have fallen to their lowest levels in at least two decades, baffling banks that expected consumer credit quality to stop improving this year because of persistently high unemployment. Related Video U.S. Morning Call: Wall St. eyes lower open, earnings Breakingviews: The perils of an indispensable boss - Dixon Economic News Dismal hiring shows economy stuck in low gear Retail real estate recovery taking hold: research firm 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