LONDON (Reuters) - Oil briefly traded at its lowest in 18 months and European stocks fell on Friday, while the safe-haven dollar rose as weak German and U.S. data and a downgrade to some of the world's major banks unnerved investors.
Reuters
BHP looks to slice iron ore expansion plan
MELBOURNE (Reuters) - BHP Billiton is likely to cut the first stage of its estimated $10 billion iron ore port expansion in half, analysts and investors said, as it looks to slash capital spending due to rising costs and an uncertain market outlook.
Adidas eyes Crossfit workout for lacklustre Reebok
WARSAW (Reuters) - Adidas will use a tough keep-fit trend and retro products to grow sales at Reebok to 3 billion euros ($3.8 billion) by 2015, after the unit was hit by a fraud scandal in India and the loss of its NFL American football contract, its CEO said.
Stock index futures rise; banks in focus
PARIS (Reuters) - Stock index futures pointed to a higher open on Wall Street on Friday, with futures for the S&P 500 up 0.45 percent, Dow Jones futures up 0.25 percent and Nasdaq 100 futures up 0.4 percent at 0916 GMT.
