Business Today: Stock futures edge higher ahead of "cliff" talk resumption

		Click to View in Browser 12/26/2012 Stock futures edge higher ahead of "cliff" talk resumption NEW YORK (Reuters) - Stock index futures edged higher on Wednesday, indicating the S&P 500 may stem its worst two-day drop since mid-November, ahead of the resumption of "fiscal cliff" negotiations. China consumers driving economic rebound: survey BEIJING (Reuters) - China's consumers are leading an uneven recovery in the world's second biggest economy that has retailers expecting stronger sales in six months, early results of a national survey showed on Wednesday. Starbucks to use cups to send "fiscal cliff" message to lawmakers (Reuters) - Starbucks Corp will use its ubiquitous coffee cups to tell U.S. lawmakers to come up with a deal to avoid going over the "fiscal cliff" and triggering automatic tax hikes and spending cuts. Covidien to acquire CV Ingenuity (Reuters) - Medical device and products maker Covidien Plc on Wednesday said it has a definitive agreement to acquire CV Ingenuity, a privately-held company focusing on treatments for peripheral arterial disease. Samsung Elec seeks U.S. sales ban on some Ericsson products SEOUL (Reuters) - Samsung Electronics said on Wednesday it had filed a complaint against Ericsson with the U.S. International Trade Commission (ITC), requesting a U.S. import ban and sales ban on some of the Swedish telecoms equipment maker's products. Yen falls, Nikkei surges as Japan gets a new government TOKYO (Reuters) - The yen fell to a 20-month low against the dollar on Wednesday, buoying the benchmark Nikkei stock average to nine-month highs, as Japan swore in a new prime minister eager to pursue drastic stimulus steps to drive the country's economy out of deflation. Grounded Kingfisher lacks funding plan -India minister NEW DELHI (Reuters) - Grounded Indian carrier Kingfisher Airlines has failed to present regulators with a clear funding plan under a proposal to get it flying again, the country's aviation minister said on Wednesday. Jaguar Land Rover's China unit to recall cars over safety worries BEIJING (Reuters) - Jaguar Land Rover's Chinese subsidiary will recall 337 cars because of substandard fixings in their brakes and steering boxes, China's national product quality watchdog said on Tuesday. Japan's incoming PM keeps up pressure on BOJ to attack deflation TOKYO (Reuters) - Incoming Japanese Prime Minister Shinzo Abe kept up his calls on Tuesday for the Bank of Japan to drastically ease monetary policy by setting an inflation target of 2 percent, and repeated that he wants to tame the strong yen to help revive the economy. South Korea president-elect urges chaebol think twice before layoffs SEOUL (Reuters) - South Korea's president-elect asked the leaders of the country's big businesses, or chaebol, on Wednesday to think twice before cutting jobs, saying it was time for the conglomerates her father helped build four decades ago to look beyond profits. Related Video U.S. Morning Call: Investors play the waiting game Holiday marathon ends with a sprint Economic News Obama, Congress set for one last effort on "fiscal cliff" Analysis: Stop-gap fix most likely outcome of "fiscal cliff" talks 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