Business Today: Stock futures trade higher ahead of data

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Good Morning Robert, TUE 30 Mar 2010    Stock futures trade higher ahead of data China shows new divisions on yuan Apple may be working on iPhone for Verizon: report UBS sees fixed income unit revenue near $2.3 billion Toyota vows change as quality control panel meets Kraft CEO's 2009 compensation at $26 million, up 41 percent Fed's Evans: Monetary policy not effective for pricking bubbles China's Geely says scale key to drive Volvo to profits Airlines climbing out of recession: IATA China warns Australia over criticism of Rio trial Digital debate: content pricing New Greek bond will test EU plan Volvo boosts China's auto profile Stock futures trade higher ahead of data March 30, 2010 07:28 AM ET NEW YORK (Reuters) - U.S. stock index futures rose slightly on Tuesday as investors looked to upcoming housing and consumer confidence data for affirmation the economy was stabilizing. Full Article China shows new divisions on yuan March 30, 2010 07:41 AM ET SHANGHAI/BEIJING (Reuters) - China displayed new divisions on Tuesday over how to respond to mounting U.S. pressure to let its exchange rate rise. Full Article Apple may be working on iPhone for Verizon: report March 30, 2010 06:11 AM ET HONG KONG/SAN FRANCISCO (Reuters) - A subsidiary of Taiwan netbook PC pioneer Asustek has won orders to manufacture Apple's iPhone to run on the CDMA standard, a source said on Tuesday. Full Article UBS sees fixed income unit revenue near $2.3 billion March 30, 2010 07:56 AM ET ZURICH (Reuters) - Swiss bank UBS expects first-quarter revenue in its rebuilt fixed income business to be slightly below $2.3 billion, it said on Tuesday. Full Article Toyota vows change as quality control panel meets March 30, 2010 05:21 AM ET TOYOTA CITY, Japan (Reuters) - Toyota Motor Corp , reeling from a recall crisis, launched a task force on Tuesday aimed at regaining consumer trust and pledged to give more clout to its regional operations to speed up decisions on quality issues. Full Article Kraft CEO's 2009 compensation at $26 million, up 41 percent March 30, 2010 07:23 AM ET (Reuters) - Kraft Foods Inc , the largest North American food maker, paid Chief Executive Irene Rosenfeld $26.3 million in total compensation last year, 41 percent more than what she received in 2008, a regulatory filing showed. Full Article Fed's Evans: Monetary policy not effective for pricking bubbles March 30, 2010 07:11 AM ET NEW YORK (Reuters) - Monetary policy is not an effective tool for pricking asset bubbles, but central banks without authority to supervise banks may have no alternative, Chicago Federal Reserve President Charles Evans said Tuesday. Full Article China's Geely says scale key to drive Volvo to profits March 30, 2010 07:09 AM ET BEIJING/HONG KONG (Reuters) - Zhejiang Geely Holding Group, China's biggest private carmaker, said on Tuesday scale is the key to returning Volvo to profitability, but has no current plans to build the Swedish brand in China. Full Article Airlines climbing out of recession: IATA March 30, 2010 04:54 AM ET GENEVA (Reuters) - Airlines are climbing out of recession with further strong increases for passenger travel and freight in February, industry association IATA said on Tuesday. Full Article China warns Australia over criticism of Rio trial March 30, 2010 04:50 AM ET CANBERRA/BEIJING (Reuters) - China warned Australia not to make "irresponsible" comments about the trial of four employees of mining firm Rio Tinto after Canberra said the trial had left questions about China's legal system. Full Article

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