By Simon Evans ZURICH (Reuters) - FIFA president Sepp Blatter faces an imminent 90 day suspension from soccer if the governing body's ethics judge backs a prosecutor's recommendation, a close friend and former advisor to Blatter told Reuters on Wednesday. Blatter's long-term confidant Klaus Stoehlker said the decision by judge Hans-Joachim Eckert on the provisional suspension was expected by Friday. "There is no final decision, this is a recommendation from the lower part of the Ethics Committee to the upper part," said Stoehlker, who added that Blatter had been informed of the development.
By Caroline Valetkevitch NEW YORK (Reuters) - World stock indexes rose on Wednesday with a rebound in biotechnology shares boosting U.S. equities, while oil prices snapped a three-day rally after U.S. data showed a large inventory build. The S&P 500 hit its highest in three weeks, but concern about corporate earnings just ahead of the U.S. third-quarter reporting season kept trading choppy. Reduced profit forecasts from Adobe Systems and Yum Brands late Tuesday added to gloom about the earnings picture.