Google closes Motorola deal, names new Motorola CEO

NEW YORK (Reuters) - Google Inc completed its $12.5 billion purchase of Motorola Mobility, and the Web search leader named a new management team for the cellphone maker. Google said on Tuesday that Motorola Chief Executive Sanjay Jha has stepped and has been succeeded by Dennis Woodside, former president of Google's Americas region. Woodside oversaw planning for the Motorola integration, according to Google. The deal close comes just days after the companies gained approval for the acquisition from the Chinese government. European and U.S. regulators approved the deal in February. ...

Germany, France draw battle lines over eurozone bonds

BERLIN/PARIS (Reuters) - Germany dismissed a French-led call for euro zone nations to issue common bonds, a day before a European Union leaders' summit which investors are looking to for new measures to counter the bloc's debt crisis. After a torrid week, stock markets rallied on optimism that the Wednesday summit would produce measures to foster growth and ward off the threat of contagion should Greece exit the euro. The FTSEurofirst 300 index of top European shares was up 1. ...

Wall Street set for flat open; Facebook down premarket

NEW YORK (Reuters) - Wall Street was set to open little changed on Tuesday as concerns about global growth weighed on investor sentiment. Stock index futures rose earlier as shares of No. 1 consumer electronics chain Best Buy jumped following earnings and revenue that topped expectations. But as the stock erased gains to turn lower, the market also gave up gains to trade flat. Investors were hopeful that European leaders would come up with a way to tackle the region's financial crisis, but worries about global economic growth curbed risk appetite. ...

Germany staunch in opposition to eurobonds

Germany is making clear ahead of a European Union summit that Chancellor Angela Merkel's government remains staunchly opposed to the idea of jointly issued bonds for the 17-nation eurozone.