Stock futures edge lower as oil suffers worst day since May 2011

NEW YORK - U.S. stock index futures were lower on Friday, with energy shares likely to be under heavy pressure in a holiday-shortened session as crude oil tumbled to a four-year low.

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Poor performance catching up with active stock fund managers

BOSTON - Stock-picking fund managers are testing their investors’ patience with some of the worst investment returns in decades.

7:06am EST

ECB's Nouy says banks must show they can make profits

LONDON - Euro zone banks that failed or scrapped through this year's health checks will have to demonstrate they can make sustainable profits and may need to sell off loss-making units, the European Central Bank's top banking supervisor said.

7:24am EST

Special Report: Why Italy's stay-home shoppers terrify the euro zone

ROME - "Three for the price of two" used to be the most common special offer in Giorgio Santambrogio's supermarket chains. It has barely been used this year. The reason explains why efforts to resuscitate Italy's moribund economy are failing.

6:31am EST

Fukushima workers still in murky labor contracts: Tepco survey

TOKYO - The number of workers at Japan's Fukushima nuclear plant on false contracts has increased in the last year, the station operator said, highlighting murky labor conditions at the site despite a pledge to improve the work environment.

Japan, Nuclear Power 12:55am EST

GlaxoSmithKline fires executive who raised race complaint in South Africa: Bloomberg

- Britain's biggest drugmaker, GlaxoSmithKline Plc, fired an executive from its South African unit for refusing to appear for a performance review, which was called a week after he complained of racial discrimination in the workplace, Bloomberg reported, citing company documents.

27 Nov 2014


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