â¿¿ GERMANY-ECONOMY â¿¿ German industrial orders drop more than expected in November because of weaker foreign demand, while exports slide by 3.4 percent.
â¿¿ FRANCE-ECONOMY â¿¿ President Francois Hollande says his plans to put France's bloated government on a diet include cutting state aid to companies.
â¿¿ EGYPT-ECONOMY â¿¿ Qatar is doubling its financial aid to the Egyptian government with a new injection of $2.5 billion, underlining its role in propping up Cairo's foreign currency reserves and highlighting its strong ties with the Muslim Brotherhood leadership.
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Earnings kick off
Corporate America hasn't closed its books for 2012. This week, companies in the Standard & Poor's 500 index begin reporting their earnings for the fourth quarter of last year. Overall, analysts expect fourth quarter earnings for the S&P 500 to increase by 3.3 percent over the same period in 2011. That would mark the second quarterly increase since the S&P 500 posted relatively flat earnings in the second quarter -- growth of just 0.8 percent.
Lampert to take over
After a year as CEO of Sears Holdings, Louis D'Ambrosia is stepping down next month due to family health matters. Edward Lampert, the retailer's chairman and its largest shareholder, will take over on Feb. 2.