Stock index futures trade flat to higher

LONDON (Reuters) - Stock index futures pointed to a flat to higher open on Wall Street on Monday, with futures for the S&P 500 up 0.1 percent at 0844 GMT.Dow Jones and Nasdaq 100 futures were unchanged.European shares were also flat, with the FTSEurofirst 300 <.fteu3> just shy of a two-year high. The pan-European index has risen almost 3 percent since the start of the year.The U.S. economy...

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Morgan Stanley to trim Dubai staff amid global cuts: sources

DUBAI (Reuters) - Morgan Stanley Inc , the sixth-largest U.S. bank by assets, is trimming staff at its Dubai office, mainly by cutting jobs in its equities division, as part of a global plan to reduce costs, three sources aware of the matter said.The bank plans to slash 1,600 jobs globally, many of whom work in its securities unit, sources told Reuters last week.Big U.S. and European institutions...

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Swatch in $1 billion deal for Harry Winston brand

GENEVA (AP) — Switzerland's biggest watch maker, Swatch Group AG, says it has agreed to pay about $1 billion to acquire Canada's Harry Winston watch and jewelry brand. The Biel, Switzerland-based company says it will pay $750 million to acquire the brand from Toronto-based Harry Winston Diamond Corp. and will also assume as much as $250 million in debt. The acquisition includes the Harry Winston...

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Knicks' Anthony banned one game for approaching Garnett

(Reuters) - New York Knicks All-Star forward Carmelo Anthony has been suspended one game by the National Basketball Association (NBA) for approaching an opposing player on multiple occasions after a recent game, the league said on Wednesday.Anthony confronted Boston Celtics forward Kevin Garnett in the arena tunnel near the players' locker rooms and again in the parking garage following New York's...

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NBA-Timberwolves' Love to miss 8-10 weeks after surgery

Jan 9 (Reuters) - The Minnesota Timberwolves' playoff hopes were dealt a blow as leading scorer Kevin Love will miss up to 10 weeks because of surgery to repair his fractured right hand, the National Basketball Association team said on Wednesday.Love reinjured his hand during the team's Jan. 3 game at Denver. The 24-year-old forward had already missed the first three weeks of the 2012-13 season with...

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Timberwolves' Love to miss 8-10 weeks after surgery

(Reuters) - The Minnesota Timberwolves' playoff hopes were dealt a blow as leading scorer Kevin Love will miss up to 10 weeks because of surgery to repair his fractured right hand, the National Basketball Association team said on Wednesday.Love reinjured his hand during the team's January 3 game at Denver. The 24-year-old forward had already missed the first three weeks of the 2012-13 season with...

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Handset makers scurry to join Year of the Phablet

View Gallery 2013 CES SINGAPORE/HONG KONG (Reuters) - Call it phablet, phonelet, tweener or super smartphone, but the clunky mobile phone - closer in size to a tablet than the smartphone of a couple of years back - is here to stay. A surprise hit of 2012, it is drawing in more users, more handset makers and is shaping the way we consume content. "We expect 2013 to be the year of the...

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Fabricantes se apresuran para unirse al año de la tableta-teléfono

Samsung y un IPad 2 de Apple iPad 2 en Hong Kong, ene 3 2013. Pueden llamarlo "fableta", …more SINGAPUR/HONG KONG (Reuters) - Pueden llamarlo "fableta", "fonobleta" o súper teléfono inteligente, pero el teléfono móvil "ladrillo" -más próximo en tamaño a una tableta que a un smartphone de hace un par de años- ha llegado para quedarse.Un éxito sorpresa en el 2012, el modelo está atrayendo a más usuarios,...

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Why Nobody Trusts Steubenville

Corruption: It's at the heart of the controversy over the rape case in Steubenville, Ohio, and it has to do with a lot more than just the legendary Big Red football program. Allegations of a cover-up stretching from the team to the local police to the prosecutor's office have been surfacing on social media since the alleged incident in August, but they have been lacking in detail, and that's why...

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Exclusive: U.S. nuclear lab removes Chinese tech over security fears

LONDON (Reuters) - A leading U.S. nuclear weapons laboratory recently discovered its computer systems contained some Chinese-made network switches and replaced at least two components because of national security concerns, a document shows. A letter from the Los Alamos National Laboratory in New Mexico, dated November 5, 2012, states that the research facility had installed devices made by H3C...

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