CANADA STOCKS-TSX may open lower ahead of Fed policy meeting
Dec 17 (Reuters) - Canada's main stock index looked set to open lower on Tuesday ahead of a closely watched two-day U.S. Federal Reserve policy meeting where the central bank could announce it will begin to wind down its $85 billion per month bond-buying program. TOP STORIES
* Euro zone inflation picked up in November because of a rise in electricity and accommodation prices, data showed, but wage growth continued to decelerate in the third quarter to the slowest pace in three years.
* KKR & Co LP said it would acquire its specialty finance company KKR Financial Holdings LLC in a $2.6 billion deal that will boost the private equity firm's dividends.
* Saputo Inc stepped up its bid for Australia's Warrnambool Cheese and Butter Factory Holdings Co, aiming to knock out its rivals with a final sweetened offer after receiving a regulatory rap on the knuckles.
* General Motors Co plans to slash its headcount in South Korea next year as it prepares to withdraw its Chevy brand in Europe, a major export market for South Korean-made cars.MARKET SNAPSHOT
* Canada stock futures traded down 0.05 percent
* U.S. stock futures , , were up around 0.02 percent to 0.11 percent
* European shares, were down COMMODITY PRICE MOVES
* Thomson Reuters-Jefferies CRB Index : 279.9647; fell 0.4 percent Continued...