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Stock futures climb as oil rebounds; data on tap

NEW YORK - U.S. stock index futures surged on Thursday, putting the S&P 500 on track to extend gains from the prior session, as oil prices showed hints of stabilizing and ahead of data on the labor market.

Recent Business News

Deutsche Bank to review strategy and may sell Postbank network

FRANKFURT - Deutsche Bank AG will review its strategy and profit targets next year and may sell its Postbank-branded retail unit, in a major reversal as a hoped-for turnaround in profitability slips out of reach.

7:58am EST

Ford shuts doors of Belgium's Genk plant

GENK, Belgium - Ford Motor Company produced the last car at its plant in Genk, Belgium, on Thursday, closing the site which produced some 14 million vehicles over the past 50 years.

8:15am EST

Daimler increases provision for EU cartel probe

FRANKFURT - Germany's Daimler said on Thursday it was setting aside an additional 600 million euros ($740 million) to cover potential costs related to an antitrust investigation into truckmakers by the European Commission.

8:24am EST

EU markets watchdog says crowdfunding needs regulating

LONDON - New European Union rules are needed to supervise crowdfunding and protect investors who face significant risks from the evolving sector, the bloc's markets watchdog said on Thursday.

7:50am EST

Accenture quarterly revenue rises 7.3 percent

- Accenture Plc reported a 7.3 percent rise in quarterly revenue, helped mainly by its outsourcing business.

7:29am EST

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