U.S. Top News Early Edition: World stocks dip on euro zone disappointment

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	08/17/2011
Good Morning Omss LATEST NEWS World stocks dip on euro zone disappointment LONDON (Reuters) - World stocks dipped while top-rated government bonds rallied on Wednesday as investors grew concerned that French and German plans for closer fiscal integration may be insufficient to stop the regional debt crisis from spreading further. | Full Article Disappointment with Franco-German euro zone plans August 17, 2011 08:58 AM ET PARIS (Reuters) - France on Wednesday released a letter sent to European Council President Herman Van Rompuy detailing its joint proposals with Germany on ramping up economic governance of the euro zone. | Full Article SABMiller goes hostile with $10 billion Foster's bid August 17, 2011 09:28 AM ET MELBOURNE/LONDON (Reuters) - Global brewer SABMiller took its $10 billion bid for Australia-focused Foster's Group direct to shareholders on Wednesday just days before the Australian brewer's annual results are set to show flagging profits. | Full Article Pricey tobacco pushes up core producer inflation August 17, 2011 09:03 AM ET WASHINGTON (Reuters) - Core producer prices rose at their fastest pace in six months in July, pushed up by higher tobacco and light truck costs, but weak domestic demand was seen keeping inflation under control. | Full Article Special report: Pension scandal shakes up Venezuelan oil giant August 17, 2011 09:08 AM ET CARACAS (Reuters) - Venezuela received an enviable honor last month: OPEC said it is sitting on the biggest reserves of crude oil in the world -- even more than Saudi Arabia. | Full Article BUSINESS NEWS Wall Street set to rise on strong retailer earnings August 17, 2011 09:10 AM ET NEW YORK (Reuters) - Stocks were set to rise at the open on Wednesday buoyed by earnings reports from consumer bellwethers like Target while gains in commodities and the euro indicated more willingness to add to risky assets. | Full Article Fed's low rate pledge "inappropriate": Fed's Plosser August 17, 2011 09:33 AM ET NEW YORK (Reuters) - Philadelphia Federal Reserve President Charles Plosser on Wednesday said he disagreed with the Fed's decision to promise to keep interest rates low for another two years because policy should be dictated by the economy rather than a timeline. | Full Article SNB moves softly to tame Swiss franc; currency spikes August 17, 2011 07:52 AM ET ZURICH (Reuters) - The Swiss National Bank stepped up its efforts to tame a runaway franc on Wednesday but stopped short of direct intervention, disappointing markets that had positioned for more radical measures and sending the currency sharply higher. | Full Article Staples tops estimates, raises profit outlook August 17, 2011 07:45 AM ET NEW YORK (Reuters) - Staples Inc reported a better-than-expected quarterly profit on currency benefits and an uptick in sales to its business customers in North America, prompting the largest U.S. office supply chain to raise its profit outlook. | Full Article Dell slides after cutting revenue outlook on weak IT spending August 17, 2011 08:29 AM ET BANGALORE (Reuters) - Shares of Dell Inc fell more than 7 percent in pre-market trading on Wednesday, a day after the world's second-largest PC maker slashed its full-year revenue forecast, weighed down by weak technology spending. | Full Article HEALTH NEWS Cigarette makers sue FDA over new labeling rules FDA approves Roche skin cancer drug Zelboraf Experts redesign common microbe to fight drug-resistant bacteria World Bank calls Horn of Africa famine manmade J&J, Lilly drugs found among best for manic episodes RELATED VIDEO Tourist protection in Thailand Jobs, the Fed and Elvis on the campaign trail Australian collar bomb suspect held without bond. A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH In-flight film "explains" mysteries of female pleasure Full Article Swedish woman who left baby outside restaurant investigated Art thieves nab $250,000 Rembrandt from hotel New BMW app lets drivers share top scenic routes - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend