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U.S. Debt Deadline, China, Google, GE: Week Oct. 12-19

(Corrects date of announcement in Australia opposition election item on Oct. 13)

(See BCAL <GO> for updates to Global Top Events.)

Oct. 11 (Bloomberg) -- The U.S. may default on its debts for the first time in the nation’s history unless the White House and House Republicans agree on legislation to raise the government’s $16.7 trillion debt ceiling by Oct. 17.

China’s gross domestic product increased more in the third quarter than the 7.5 percent growth recorded in the prior three months, data in the coming week may show.

Google Inc., Goldman Sachs Group Inc., General Electric Co., International Business Machines Corp., Reliance Industries Ltd. and British Sky Broadcasting Group Plc will be among companies releasing results.

European Union finance ministers will meet to discuss plans for three member states to exit external-aid programs in coming months and to form a banking union.

SATURDAY, OCT. 12

To contact the reporters on this story: Greg Miles in New York at gmiles1@bloomberg.net; Dick Schumacher in London at dschumacher@bloomberg.net; Stan James in Hong Kong at sjames8@bloomberg.net

To contact the editor responsible for this story: Dick Schumacher at dschumacher@bloomberg.net

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