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Reuters - Stock index futures rose on Friday as investors looked set to follow up two days of steep losses that sent Wall Street to an 11-year low by scooping up shares of banks and other beaten-down sectors.
Reuters - Democratic congressional leaders, seeking to salvage a bailout of the Big Three automakers, demanded executives provide a business survival plan in exchange for their support of up to $25 billion in loans.
Reuters - Citigroup Inc lost more than one-quarter of its market value on growing worries over whether it has enough capital to withstand billions of dollars of potential losses and despite new support from its largest individual investor.
Reuters - President-elect Barack Obama's transition team is not exploring a prepackaged bankruptcy plan for U.S. automakers, officials from Obama's team said on Friday.
Reuters - Euro zone demand is plunging and price pressures vanishing, business surveys showed on Friday, while central bankers weighed the bleak prospect of deflation.
AFP - The London stock market staged a turnaround on Friday despite a steady flow of dismal economic news.