European Stocks Rally Amid U.S. Budget Optimism

European stocks climbed, rebounding from a three-month low, as U.S. President Barack Obama expressed confidence that he will strike a deal with Congress on a new budget. U.S. index futures and Asian shares also rose.

"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
15:39 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)
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