CANADA STOCKS-TSX may open higher as German business morale rises
Jan 25 (Reuters) - Canada's main stock index looked set to open higher on Friday, as better-than-expected data on German business morale and encouraging manufacturing surveys from the United States and China cheered investors.
* German business morale improved for a third consecutive month in January to its highest in more than half a year, more evidence that Europe's largest economy is gathering speed again after contracting late last year.
* Canadian inflation probably moved back into the Bank of Canada's target range in December, but only barely, with price pressures subdued, a Reuters survey of analysts showed.
* A senior Lenovo executive said on Thursday that the Chinese computer maker may consider Research in Motion as a takeover target, before it launches a make-or-break line of redesigned smartphones.
* Canada's finance minister expects to choose the country's next central bank governor in April and said on Friday he was looking worldwide for the right candidate, who must hold a Canadian passport.
* Halliburton reported a 35 percent decline in profit on a slowdown in U.S. land drilling caused by a glut of natural gas.
* Britain's economy shrank more than expected at the end of 2012 with a North Sea oil production slump, lower factory output and a hangover from London' Olympics pushing it perilously close to a "triple-dip" recession. Continued...