Business

Stock Futures Flat As Washington Deadlock Continues

U.S. stock index futures were little changed on Tuesday as small signs of progress began to emerge in the fiscal standoff among politicians in Washington. * With the partial government shutdown in its second week, and nine days until a...

U.S. Hopeful Of Asia Trade Deal By Year-End, Eyes December Meeting

The United States expressed hope on Tuesday it could seal an ambitious trade pact by year-end despite resistance from some countries and the absence of President Barack Obama from a regional summit that was to iron out differences on...

Ford Comes From Behind In China To Stun Japanese Rivals

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Ford Motor Co (F.N) is poised to overtake its Japanese rivals on the top seller's list in China as Toyota Motor Corp (7203.T) and Honda Motor Co (7267.T) struggle to regain market share following a flare up in anti-Japanese...

U.S. Debt Worries Weigh On Shares, Dollar Off Lows

Signs of progress on the fiscal standoff in Washington helped lift the dollar off an eight-month low on Tuesday, but lingering fear of any U.S. debt default weighed on world shares and oil. A White House spokesman said on Monday...

U.S. Firms Urge Washington Not To Rush Through Landmark Trade Deal

U.S. multinationals have warned Washington not to compromise and weaken a landmark 12-nation Asia-Pacific free trade pact in order to complete the deal by the end of this year. After three years of talks, President Barack Obama's administration is making...

Apollo, Cooper Disagree Over $2.5 Billion Deal Value As Wrinkles Emerge

Apollo Tires' (APLO.NS) $2.5 billion acquisition of Cooper Tire & Rubber Co (CTB.N) has flared into a war of words as the two companies haggle over the price of the deal plagued by labor issues in the United States,...

Asian Shares, Dollar, Oil Dip As U.S. Shutdown Drags On

Asian shares, oil prices and the dollar came under pressure on Monday as politicians in Washington showed no signs of making progress to resolve the U.S. budget standoff, while safe-haven gold inched higher. Financial bookmakers expected European shares .FTSE .GDAXI...

Airbus Clinches Landmark Order For 31 Jets With Japan Airlines

Airbus announced its first jet order from Japan Airlines Co Ltd (9201.T) on Monday, breaking open the last major aviation market dominated by rival Boeing Co (BA.N) after delays and a grounding of its 787 Dreamliner cast a shadow...

Twitter Reveals Rip-Roaring Growth, Big Losses Ahead Of IPO

Twitter Inc, racing toward the largest Silicon Valley IPO since Facebook Inc's 2012 coming-out party, hopes to woo investors with rip-roaring revenue growth despite having posted big losses over the past three years. The eight-year-old online messaging service gave potential...

U.S. Tensions Keep Dollar Near Eight-Month Low, Stocks Sag

The government shutdown and looming debt deadline in the United States kept the dollar pinned at an eight-month low on Friday and drove world shares towards a second week of losses. With no clear progress in Washington, financial markets were...