U.S. home builder sentiment rises for first time this year: NAHB
WASHINGTON (Reuters) – Confidence among U.S. homebuilders rose for the first time this year as builders felt better about their prospects of selling new homes, an industry gauge showed on Monday.
HSBC says Burke to take over as head of U.S. business
LONDON (Reuters) – HSBC Holdings said Pat Burke will take over as head of its U.S. business in November after spending the last four years in charge of reducing its consumer loan book there.
Hillshire withdraws recommendation for Pinnacle deal
(Reuters) – Hillshire Brands Co said it will withdraw its recommendation to its shareholders to vote for its acquisition of Pinnacle Foods Inc, following Tyson Foods Inc’s offer to buy Hillshire.
Futures drop as Iraq turmoil continues
NEW YORK (Reuters) – U.S. stock index futures declined on Monday, on the heels of the S&P’s biggest weekly drop since early April, as turmoil in Iraq sparked investor caution.
Iraq, Ukraine fighting keeps markets on edge
LONDON (Reuters) – Fighting in Iraq and Ukraine drove a global shift into traditional safe-haven currencies, precious metals and bonds on Monday, and kept oil near a nine-month high.
UK watchdog fines Credit Suisse, Yorkshire Building Society
LONDON (Reuters) – Britain’s financial conduct watchdog handed out more than million-pound fines to Credit Suisse and Yorkshire Building Society for promising unrealistic returns to investors who had limited market knowledge.
Venezuela sees U.S. shale boom as bonus for own oil industry
LONDON (Reuters) – Venezuela wants to increase oil supplies to the United States to regain some of the market share it lost over the past decade as Caracas sees the U.S. boom in light oil from shale as a chance to raise heavy-crude exports, the country’s oil minister said. 
Mitsubishi Heavy, Hitachi eye global clout with Alstom bid
TOKYO (Reuters) – Mitsubishi Heavy Industries’ involvement in Siemens’ bid for the power assets of France’s Alstom fits in with the Japanese company’s plans to build a global presence after a recent major reorganization of its business.
Airbus, Safran create space launch joint venture
PARIS (Reuters) – Airbus Group and Safran confirmed plans on Monday to combine work on space launchers, accelerating efforts to fend off a growing threat to Europe’s Ariane space rocket from U.S. low-cost rival SpaceX.
Exclusive: Friedman could become Nasdaq CEO next year – sources
NEW YORK (Reuters) – Nasdaq OMX Group Inc lured back former Chief Financial Officer Adena Friedman as co-president with the understanding that she will succeed Chief Executive Bob Greifeld, possibly as soon as next year, sources familiar with the matte…
