Futures rally after BOJ ramps up stimulus

NEW YORK - U.S. stock index futures rallied on Friday after the Bank of Japan significantly ramped up its stimulus program just days after the U.S. Federal Reserve wound down its own package of economic incentives.

Recent Business News

Trial of former UBS executive dredges up Swiss banks' shady past

By Francisco Alvarado, Zachary Fagenson and Joshua Franklin

Euro zone inflation slightly higher in October

BRUSSELS - Inflation in the 18 countries sharing the euro edged up slightly in October, a first estimate by the European Union's statistics office showed on Friday, giving some hope to policy makers that price deflation can be avoided.

6:55am EDT

Italy says private capital will meet Monte Paschi, Carige needs

ROME - Banca Monte dei Paschi di Siena and Carige will make up the capital shortfalls revealed in the ECB stress tests through private sector financing, Italian Economy Minister Pier Carlo Padoan said on Friday.

7:27am EDT

Continental AG CEO says Audi recall no threat to guidance

MUNICH - Continental said a fault with airbags installed at premium sportscar maker Audi could cost a double-digit million euro amount to fix, a sum which the German automotive supplier could absorb without revising its earnings guidance.

6:44am EDT

Starbucks Americas sales disappoint on softer traffic

- Starbucks Corp's early re-launch of its popular Pumpkin Spice latte drink failed to heat up business at its U.S. cafes, disappointing Wall Street and sending the company's shares down almost 5 percent.

3:41am EDT


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