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A trader works on the floor of the New York Stock Exchange in New York

U.S. Futures Signal Gains for Equities

Stock index futures pointed to a slightly higher open for equities on Wall Street on Friday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.1 to 0.4 percent.
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A cup of coffee is seen on a counter at a McDonald's restaurant in New York

McDonald's November sales beat Street view

McDonald's Corp (MCD.N) reported a bigger-than-expected rise in November sales at established restaurants across the board, led by big gains in Japan, China and a strong showing in its top revenue market of Europe.
A New York City Police Officer stands beside a security officer at the entrance of a Deutsche Bank office in New York

Letter Bomb Sent to Deutsche Bank CEO Ackermann

A letter bomb addressed to Deutsche Bank chief Josef Ackermann contained a fully functional bomb, and capable of exploding had it not been intercepted in the bank's mailroom, was the work of far-left Italian group, German authorities said Thursday; and more explosives may still be in the post.
Commerzbank Frankfurt

European Banks' Cash Hole Grows by 7.18 Percent to €114.69 Billion

The European Banking Authority noted banks within the 27-nation European Union need to raise €114.69 billion ($152.8 billion) by June of next year in order to meet the authority's capital requirements. That amount is €8.24 billion, or 7.18 percent, more than the supranational regulator had noted on October 30. The balance sheet apparently worsened at certain banks, most notable in Germany, Belgium and Austria.
Europe's Markets

Europe's Markets Lower Thursday at Mid-day on ECB Comments

European shares fell in a choppy afternoon session on Thursday, erasing earlier strong gains, with traders saying the market came under pressure after European Central Bank President Mario Draghi cautioned on the region's economic outlook.
A sculpture showing the Euro currency sign is seen in front of the ECB headquarters in Frankfurt

ECB Cool on More Bond Buying, Lending to IMF

The European Central Bank doused on Thursday hopes it will aggressively ramp up its bond-buying program and allow the euro zone to lend money to IMF so it can help fight the Eurozone debt crisis.

Arsenal News: Who the Gunners Could Face Next in the Champions League

English Premier League club Arsenal booked their place in the first knock-out round of the UEFA Champions League this year and now know the complete list of potential opponent for the next round. The draw for the knockout stages will now be held on Dec. 16 in Nyon, Switzerland. This season's Champions League will conclude at the Allianz Arena in Munich, Germany.
Mario Draghi speaks during a news conference at the G20 Summit in Seoul.

ECB Cuts Rates to Record Low on Recession Fears

The European Central Bank cut interest rates by a quarter of a point on Thursday to counter the twin threats of recession and deflation in the Eurozone, and is expected to unveil fresh measures to help banks hurt by the bloc's debt crisis.
France's President Nicolas Sarkozy (R) and Germany's Chancellor Angela Merkel attend a joint press conference on the eve of a G20 summit of major world economies in Cannes

France, Germany to Push Crisis Plan

The president of the European Commission appealed to EU leaders on Thursday to set aside their differences and unite to rescue the euro from a sovereign debt crisis that is menacing the world economy.
rupees

Rupee Extends Fall on Weak Equities, Euro

The rupee extended its drop to the third session Thursday, dragged by weak domestic equities amid investor concern over slowing growth and lackluster policymaking.
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New York Banks Put on Security Alert; Package Bomb Targets Deutsche Bank

Yet the New York Police Department has warned all banks in the city to beef up mailroom security in light of the episode. The package in Germany was made of explosives and shrapnel, and it was discovered in the mailroom at Deutsche Bank's headquarters. The package was detected by X-ray technology, police said. It did not detonate.
People work at a cafe in Taipei in this July 31, 2009 file photo.

Newer Economies Allow more High Tech Freedom at Work

Employees in fast-growing economies have more freedom over the technology they use for work than their counterparts in developed countries, and are more likely to see corporate provision of devices as a perk, according to a study.
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Gene Controls Sleep Requirement: Study

Some people may be genetically programmed to require longer hours of sleep, according to a new study published in Molecular Psychiatry. The study hopes to reveal the health effects of different sleeping patterns.
A man carries a wounded boy after a suicide blast targeting a Shi'ite Muslim gathering in Kabul

Twin Blasts in Afghanistan Kill Dozens

Twin blasts in Kabul and the northern city of Mazar-e-Sharif aimed at Afghanistan's minority Shiite Muslims killed nearly 60 people on Tuesday as they celebrated Ashura, one of their sect's holiest days, signaling, perhaps, a new sectarian turn in what was one of the war's deadliest attacks.

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