IBT Staff Reporter

Stock futures rose on Tuesday as euro-zone finance ministers worked to iron out wrinkles in a 750 billion euro ($925 billion) bailout plan and Home Depot posted solid earnings.

Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.5 percent, Dow Jones futures up 0.4 percent and Nasdaq 100 futures up 0.4 percent at 4:10 a.m. EDT.

Home Depot Inc's quarterly profit beat Wall Street estimates as the top U.S. home-improvement chain benefited from strong demand for gardening products and energy-efficient appliances, prompting it to boost its full-year outlook.

The union for British Airways cabin crew is in London's High Court to challenge a ruling that blocked a new wave of walkouts by the airline's staff as peace talks between BA and the union continue.

Google is buying Oslo-listed Global IP Solutions for $68 million to build its real-time audio and video Internet capabilities, the two companies said in a joint statement on Tuesday.

Greece will receive 14.5 billion euros ($17.9 billion) in aid from the European Union at around 1000 GMT (6 a.m. ET) on Tuesday, a central bank official said, in time to pay an 8.5 billion euro bond the next day.

Mitsubishi UFJ Financial Group , Japan's largest bank by assets, returned to profit in the latest quarter due to the absence of big losses on its stock portfolio but its growth forecast for this year is below market expectations.

0 U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.5 percent, Dow Jones futures up 0.4 percent and Nasdaq 100 futures up 0.4 percent at 0810 GMT (4:10 a.m. ET).

Euro zone finance ministers are working on ironing out wrinkles in the 750 billion euro ($925 billion) plan they hatched a week ago to calm markets and stem fears of serial Greek-style debt crises in the currency area.

Gold's identity as a 'safe haven' for investments may be challenged as the investors in India have discovered yet another safe haven, equities of Reliance Industries Ltd (BOM:500325), which is potentially high yielding investment instrument and has proved to be one of the most sought after asset classes, almost next to gold, among the Indian investor community.

The euro dipped on Tuesday, struggling to pull away from four-year lows hit on Monday, and Asia stocks fell to three-month lows as persistent worries about the euro area's fiscal health weighed on investor sentiment.

China is committed to improving its exchange rate system based on domestic and international economic conditions, a foreign ministry spokesman said on Tuesday. Ma Zhaoxu was responding to a question at a regular press briefing about how the yuan will figure in next week's Strategic and Economic Dialogue with the United States.

U.S. regulators and exchanges are considering market-wide circuit breakers that would temporarily stop trading when it falls five percent, two sources familiar with the talks said on Monday.

Japanese manufacturers turned optimistic for the first time in two years in May, a Reuters poll showed, providing further evidence of the economy's continuing recovery led by Asian demand.

The mysterious potentially life-threatening disease of a young woman from NSW - who had been regularly requiring medical care for more than a decade - and, its cure, has been successfully identified by Australian doctors.

Calpers, the largest U.S. public pension fund, has voted for a shareholder proposal to separate the roles of chairman and chief executive at JPMorgan Chase & Co , roles currently held by veteran banker Jamie Dimon.

Health officials recently reported the death of a 22-month-old girl from Adelaide who has just died due to meningococcal disease

An expert pediatrician says family dinners - without the TV intruding in the background - were vital for children to build social skills and get educated about nutrition.

Apnex Medical announced preliminary data from an Australian first-in-man study has revealed substantial improvements in sleep for people experiencing obstructive sleep apnea (OSA).

Global stainless steel production in first quarter reached record levels at 7.47 mn metric tonnes, according to International Stainless Steel Forum (ISSF). The growth in production was spread across the world with USA leading the way, ISSF said. It said that the 54.6% growth in output cannot be sustained throughout 2010 as production in first quarter of 2009 was severely impacted by financial crisis.

Global oil prices recovered in Asian trade Tuesday after an overnight slump below $70 a barrel. Light sweet crude for June delivery was seen trading at $70.71 a barrel at 12.00 noon Singapore time while Brent crude was at $ 75.80 a barrel in London. Analysts said the black gold gained momentum as some investors took the view a drop below $70 a barrel made the commodity attractive to buy.

Gold prices advanced in Asian trade Tuesday but remained volatile as investors began profit taking on recent highs of the precious metal. The yellow metal however remained $20 below a lifetime high struck last week, while another increase in holdings in the world's largest gold-backed ETF showed investors were keeping faith with the metal.

Children exposed to pesticides known as organophosphates could have a higher risk of attention-deficit/hyperactivity disorder (ADHD), according to a U.S. study.

An informant for U.S. regulators probing fraud claims against Goldman Sachs has urged Australia's markets watchdog to also investigate the U.S. bank, a newspaper said on Tuesday.

In a national survey conducted by Hepatitis Australia revealed that vast majority of Australians have a disturbingly low knowledge of hepatitis B and C.

University of Adelaide figures obtained by The Advertiser show the number of maths and science teaching students studying either a Graduate Diploma in Education or Bachelor of Teaching at the university has more than doubled over the past two years.

A 22-month-old Adelaide girl has died in hospital from meningococcal disease.

The AUD has opened this morning fairly unchanged despite falling through the USD0.8700 level last night.

New study says that telemarketers talk so much they've been making themselves sick.