Business Today: Shares, euro lower ahead of central bank moves

		Click to View in Browser 07/4/2012 Shares, euro lower ahead of central bank moves LONDON (Reuters) - European shares edged down from two-month highs on Wednesday after three days of gains made on hopes of more monetary stimulus from central banks and the progress made in dealing with the euro zone debt crisis. Barclays' Diamond faces grilling in parliament LONDON (Reuters) - Bob Diamond squares up to critical British lawmakers on Wednesday, a day after quitting as Barclays' chief executive over an interest rate rigging scandal, and could drag the Bank of England, government and rival banks deeper into the affair. H&F presses on with $4 billion Getty Images sale: sources (Reuters) - Private equity firm Hellman & Friedman LLC is pushing ahead with a $4 billion sale of Getty Images Inc, the largest supplier of stock photos, video and other digital content, to private equity, two people familiar with the matter said on Tuesday. Exclusive: Mexico's Slim not eyeing more Europe buys for now MEXICO CITY (Reuters) - Mexican tycoon Carlos Slim said on Tuesday he has no immediate plans for further telecommunications purchases in Europe after buying into Dutch firm KPN and Telekom Austria. Goldman Sachs loses appeal of $20.6 million Bayou award NEW YORK (Reuters) - Goldman Sachs Group Inc lost an appeal on Tuesday against a $20.6 million arbitration award won by creditors of bankrupt hedge fund Bayou Group. Manchester United picks NYSE for U.S. public offering (Reuters) - Manchester United has picked the New York Stock Exchange to make its stock market debut, ending months of speculation over where the world's best-supported soccer club would list. June auto sales point to best year since 2007 (Reuters) - New auto sales in June raced past expectations on lower gas prices and still-generous incentives, and are on track to score their best year since 2007. Euro zone sales regain ground in May, trend still weak BRUSSELS (Reuters) - Shoppers in the euro zone spent a little more freely in May, but not enough to make up for big falls in retail trade the month before and sales were down sharply on a yearly basis as households struggle through the bloc's debt crisis. Spain to unveil new austerity steps soon: sources MADRID (Reuters) - Spain's government is putting finishing touches to an up to 30 billion euro ($38 billion) package of spending cuts and tax hikes to help it meet this year's deficit targets, sources with knowledge of the matter said. Analysis: Investors may shun big Libor lawsuit and go it alone (Reuters) - The stakes are rising in lawsuits against big banks over allegations they rigged benchmark interest rates, as some large investors may opt out of a massive class action and strike out on their own. Related Video Market Pulse: Libor under most intense focus since Lehman Reuters BreakingviewsBreakingviews: Barclays' Libor rate timings very significant Economic News June auto sales point to best year since 2007 Jobs growth seen picking up in June 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