NYSE inches closer to Euronext deal

Good news for the New York Stock Exchange: Deutsche Bourse apparently has given up on its attempts to merge with Euronext. That seems to leave the field open for the Big Board, the partner Euronext wanted all along. So it certainly seems as though the path is paved for the NYSE to become a much more global player. Deutsche Bourse announced recently it will form a partnership with Borsa Italiana. The two had originally aimed to bring Euronext into their fold, to create a mega-exchange in Europe.

For more on this:
- Here's an update from the AP