Morning in brief: Futures dip ahead of bond sales, Chevron loses Ecuador pollution appeal

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European futures markets eye today’s auction of government debt in Germany and Portugal, while Samsung Electronics is given the go-ahead to open a factory in China.

Markets

European stock futures fall as the markets await bond auctions by Germany and Portugal later today, according to Bloomberg.

Companies

Samsung Electronics wins approval from the South Korean government to manufacture memory chips for smartphones, media tablets and mp3 players at a new factory in China, the BBC reports.

An appeals court in Ecuador upholds a ruling for American energy giant Chevron to pay $18 billion (£11.5 billion) in damages related to pollution caused by one of its subsidiaries in a remote corner of the Amazon rainforest, says the Financial Times.

 

International

A Greek government spokesperson warns that the beleaguered nation could drop out of the euro unless the details of the new rescue package are finalised soon, according to the Telegraph.

 

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