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Wednesday, January 8, 2014

Before the Bell: Futures hold losses following ADP jobs report

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01/8/2014
 
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Futures hold losses following ADP jobs report
NEW YORK (Reuters) - U.S. stock index futures were still slightly lower on Wednesday following a report that showed private employers added more jobs than expected in December.
Private sector adds 238,000 jobs in Dec: ADP
NEW YORK (Reuters) - U.S. private employers added 238,000 jobs in December, more than expected and the best read in 13 months, a report by a payrolls processor showed on Wednesday.
Analysis: America to Europe: Stronger banking union would help boost growth
BERLIN (Reuters) - The United States has a message for Europe: If you want to help your ailing economy, consider pledging taxpayer money from across the euro zone to help troubled banks.
Alibaba to set up mobile gaming platform in China
BEIJING (Reuters) - E-commerce giant Alibaba Group Holding Ltd said on Wednesday it would set up a mobile gaming platform in China, venturing into a fast growing sector dominated by tech rival Tencent Holdings Ltd.
Facebook to buy Android app monitoring tool maker
(Reuters) - Facebook Inc is buying India-based Little Eye Labs, a startup that builds performance analysis and monitoring tools for mobile Android apps, to help boost its technology as it focuses on growing revenue from its mobile business.
Euro zone unemployment holds at record high, retail sales rebound
BRUSSELS (Reuters) - Euro zone retail sales leapt in November even though unemployment remained at a record high, hinting at a pick up in consumer demand that would ease deflation worries and relieve pressure on the ECB to loosen policy.
Diageo joins with Diddy for a second drink, DeLeon tequila
LONDON (Reuters) - Diageo PLC and celebrity rapper turned business mogul Sean "Diddy" Combs have jointly bought luxury U.S. tequila brand DeLeon, hoping to repeat the success they have had with the company's fast-growing Ciroc vodka.
Latin American 'reconquest' well-placed for Spanish recovery
MADRID/MEXICO CITY (Reuters) - As Spain's economy begins to recover from a near-fatal crisis, Latin American companies and entrepreneurs are ahead of the pack in gaining a foothold from which they can grab a share of the spoils.
VW's Skoda on course to sell 1 million cars in 2014
PRAGUE (Reuters) - Volkswagen's Skoda Auto, the Czech Republic's biggest exporter, is on target to sell 1 million cars globally for the first time in 2014 thanks to the launch and ramped-up production of new models, a spokesman said on Wednesday.
Analysis: Lobbying fight over U.S. oil exports may be one-sided battle
WASHINGTON/NEW YORK (Reuters) - One of the most important U.S. energy policy lobbying debates this year is shaping up as a remarkably one-sided fight.
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