Saudi Arabia told the kingdom's telecom operators on Saturday to test a proposed fix to the perceived national security threat posed by Research In Motion's BlackBerry smartphones, and said it would not ban service if the test was successful.
U.S. stocks gained on Monday, lifted by expectations the Federal Reserve will add liquidity to the economy when it meets on Tuesday amid worries of a slowing recovery.
Stocks edged higher on Monday, lifted by forecasts one day ahead of the Federal Reserve's policy making meeting that the Fed will resort once more to some mild quantitative easing.
Oman has no plans to block BlackBerry services, the small Gulf state said on Monday, as regional heavyweight Saudi Arabia worked with the device's maker on a solution that could avert a ban of some services.
Stocks were set for a higher open on Monday as investors shrugged off last week's dismal employment data and shifted focus to the Federal Reserve's assessment of the economy following a meeting of its policymakers later this week.
Stock index futures rose on Monday as investors shrugged off last week's dismal employment data and shifted focus to technology shares, including Hewlett-Packard Co after its chief executive resigned.
Stock index futures rose on Monday as investors shrugged off last week's dismal employment data and shifted focus to technology shares, including Hewlett-Packard Co after its chief executive resigned.
Chrysler Group LLC posted a second-quarter net loss on Monday and said it still had an extraordinary amount of work to complete, but its turnaround was on track and it could raise its financial outlook later this year.
Stock index futures rose on Monday as investors shrugged off last week's dismal employment data and shifted focus to technology shares, including Hewlett-Packard after its chief executive resigned.
Stock index futures pointed to a higher open on Wall Street on Monday with futures for the S&P 500 up 0.42 percent, Dow Jones futures up 0.17 percent and Nasdaq 100 futures up 0.16 percent at 3:55 a.m. ET.
U.S. wheat futures fell 4.3 percent on Monday, extending their losses to nearly 12 percent in two sessions as traders take profits from a near-doubling in prices in just over a month.
With a key U.S. Department of Agriculture stocks and production report out on Thursday and the impact of a Russian decision last week to ban exports still to be felt, the market looks set for another volatile week.
BlackBerry maker and Saudi mobile firms are testing three servers to send communications and data through Saudi Arabia before Canada to address Riyadh's concerns over security, a Saudi official said on Sunday.
The makers of the BlackBerry were looking into the possibility of using servers in Saudi Arabia on Friday to avert a threatened ban on its Messenger services by Saudi government, which wants access to its encrypted network, a source said on Friday.
General Motors Co is considering reopening one of the auto plants it closed as it went through bankruptcy in 2009
Canadian auto parts maker Magna International swung back to profit in the second quarter, with sales up about two-thirds on the back of a revival in the battered North American car market.
President Barack Obama lambasted Republicans on Thursday for opposing his auto company bailouts and unveiled a new loan guarantee for Ford Motor Co to help meet his goal of doubling U.S. exports over five years.
Canada said it is talking to Saudi Arabia and the UAE to resolve a fight over BlackBerry security that could jeopardize the growth of Research in Motion Ltd, the country's most important tech exporter.
In a world of monster fiscal deficits, Canadian Finance Minister Jim Flaherty has a luxury problem: The strong economy is pushing up his currency.
Stocks fell on Thursday as an unexpected rise in initial jobless claims and July retail sales that were mostly weaker than expected underscored persistent concerns about unemployment and consumer spending.
Stocks fell on Thursday as persistent concerns about unemployment and consumer spending were underscored by an unexpected rise in initial jobless claims and July retail sales that were mostly weaker than expected.
The U.S. Export-Import Bank said on Thursday it approved a loan guarantee for Ford Motor Co to finance $3.1 billion in exports of cars and trucks to customers in Canada and Mexico.
The U.S. Export-Import Bank will unveil a loan guarantee on Thursday for Ford Motor Co that will finance $3.1 billion in exports of cars and trucks to customers in Canada and Mexico, a White House official said.
