CANADA STOCKS-TSX may open lower; U.S. and Rome tensions weigh

Mon Sep 30, 2013 8:15am EDT
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Sept 30 (Reuters) - Canadian stock index futures pointed to a lower open on Monday as a potential U.S. government shutdown coupled with political tensions in Italy dragged investor sentiment lower.


* With a deadline to avert a federal government shutdown fast approaching, the U.S. Capitol was eerily quiet on Sunday as Republicans and Democrats waited for the other side to blink first and break the impasse over funding.

* Italy's president began talks on Sunday to pull the country out of a new political crisis, attempting to undercut a move by former Prime Minister Silvio Berlusconi to bring down the government and force new elections seven months after the last vote.

* Siemens is to shed 15,000 jobs over the next year, a third of them in Germany, as part of a 6 billion euro cost cutting programme, a spokesman said on Sunday.

* Pacific Rubiales Energy Corp, Colombia's largest private oil company, said it will buy compatriot oil producer and explorer Petrominerales Ltd for C$1.6 billion, financing the deal with cash and loans.

* Toshiba Corp said it would cut 50 percent of staff in its loss-making TV unit and cease production at two of its three overseas factories before the end of this fiscal year.