PARIS Dec 21 European stock index futures pointed to a drop on Friday, with shares set to trim recent lofty gains after a proposal from Republican leader John Boehner to avoid the "fiscal cliff" failed to get support from his party.
At 0702 GMT, futures for the Euro STOXX 50, Germany's DAX and France's CAC were down 0.4-0.7 percent.
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British telecoms operator Vodafone has picked Bank of America Merrill Lynch (BofA), Kotak Investment Banking and UBS as joint global coordinators of its Indian unit's IPO, people familiar with the matter said, kicking off its long-awaited listing plan. Full Article