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Chrysler talks progress, Ford rallies

Chrysler's lenders and a Canadian union continued talks with less than a week to a U.S. government deadline to cut deals, as Ford Motor Co posted a $1.4 billion loss that was less than analysts had expected.

EU nations agree seal product ban, trade spat looms

European ambassadors approved a European Union plan to ban imports of furs and other products from culled seals on Friday, moving the 27-nation bloc one step closer to a trade clash with Norway and Canada.

G7 sees bank clean-up as critical for recovery

Global finance chiefs pointed to glimmers of hope that a deep recession might be easing but warned ahead of Friday meetings that they must clean up bank balance sheets to pave the way for recovery.

Chrysler aims for Fiat but readies bankruptcy plan

With a week remaining for Chrysler LLC to clinch a deal with Italy's Fiat , the U.S. automaker is readying a bankruptcy plan but still focused on reaching an alliance with the support of the Obama administration, people with knowledge of the discussions said on Thursday.

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IMF sees deeper 2009 decline and weak 2010

The IMF said Tuesday the global economy recession is likely go deeper and will have a slow recovery to stabilization.

Pension fund takes over Macklowe skyscraper in NY

Manhattan office tower bought by property investor Harry Macklowe for $498 million nearly three years ago was taken over on Wednesday by one of its lenders, which made the only bid at an auction -- for $100,000.

Pepsi Bottling profit tops view

Pepsi Bottling Group Inc reported a higher-than-expected quarterly profit and raised its full-year earnings forecast on Wednesday, helped by price increases and cost cuts.

Lockheed says F-35 classified data not breached

The Pentagon and Lockheed Martin Corp, its top supplier, discounted a Wall Street Journal report that cyber spies had stolen secrets of the F-35 Joint Strike Fighter aircraft being built for the United States and nearly a dozen allies.

Fiat focused on getting Chrysler deal - source

Fiat is totally focused on clinching a deal with U.S. car maker Chrysler LLC, a source close to the Italian industrial group said, even though top executives have said there are alternatives.

Fiat focused on getting Chrysler deal: source

Fiat is totally focused on clinching a deal with U.S. car maker Chrysler LLC , a source close to the Italian industrial group said, even though top executives have said there are alternatives.

Canadian hostage drama in Jamaica ends peacefully

A would-be hijacker surrendered to authorities on Monday after agreeing to free the last of more than 180 hostages he seized hours earlier aboard a Canadian charter jet in Montego Bay, Jamaica.

Terra Energy to buy Tecton Energy Canada for C$8 mln

Canadian oil and gas company Terra Energy Corp. said it will buy privately held Tecton Energy Canada ULC for C$8 million ($6.55 million) in cash and stock to further solidify its position in the Fort St. John area of British Columbia.

Tamils in London protest Sri Lanka fighting

Thousands of Tamil protesters blocked streets outside Britain's parliament on Monday to demand a ceasefire between Sri Lankan government forces and Tamil Tiger separatists on the Indian Ocean island, a former British colony.

Fiat CEO goes to U.S. for Chrysler talks

Fiat's chief executive has returned to the United States for talks as pressure builds to seal a partnership deal with Chrysler before the end of the month, sources at the Italian car maker said on Monday.

Parmalat shares may rise as headlines fade: report

Parmalat SpA , best known to many U.S. investors for its 2003 bankruptcy and accounting scandal, may benefit as the market again focuses on its boring but steady dairy business, Barron's said Sunday.

Canada says man tried to send Iran uranium devices

Canadian police, acting on a tip-off from the United States, charged a Toronto man on Friday with trying to illegally export nuclear technology to Iran.

Washington, Brussels urged to join U.N. racism meet

Human rights groups said on Friday the United States and the European Union should take part in next week's U.N. conference on racism now that diplomats have removed the most contentious sections of the conference declaration.

Text for U.N. racism meeting approved

Diplomats reached agreement on Friday on a declaration for next week's politically charged United Nations conference on racism, adding to the pressure on Washington and Brussels to decide whether to attend.

U.S., Fiat to name Chrysler board on alliance: memo

U.S. automaker Chrysler, already operating under government emergency aid, would cede control of its board and ultimately senior leadership if it completes a planned alliance with Italy's Fiat SpA.

U.S., Fiat to name Chrysler board on alliance -memo

U.S. automaker Chrysler, already operating under government emergency aid, would cede control of its board and ultimately senior leadership if it completes a planned alliance with Italy's Fiat SpA.

Corporate results support stocks but outlook hazy

Asian stocks rose on Friday and the yen slipped, after upbeat results from JPMorgan and Google kept a revival of risk taking alive, with Asian shares outside Japan on track for a sixth week of gains.

Canada's RBC sees $850 mln 2nd-qtr goodwill charge

Royal Bank of Canada, Canada's largest bank, said it will take a charge of roughly $850 million (C$1.03 billion) because the value of its international businesses has declined, reducing second-quarter earnings by an equivalent amount.

Chrysler-Fiat talks intensify, Saturn deal eyed

Fiat SpA Chief Executive Sergio Marchionne turned up the heat on talks with struggling U.S. automaker Chrysler on Wednesday as General Motors Corp confirmed a possible buyer for its Saturn network.

Bottlers to benefit as soda sales accelerate: Goldman

Goldman Sachs said it expects bottlers Coca-Cola Enterprises Inc and Pepsi Bottling Group Inc to benefit from accelerated soda sales, new distribution agreements and a possible fall in commodity prices.

Fiat CEO says other options to Chrysler deal

Fiat SpA's chief executive said there were other options to a partnership with troubled U.S. car maker Chrysler LLC although he still wanted seal the deal by the April 30 deadline set by Washington.

Rio Tinto aluminum output falls 6 percent

Rio Tinto Ltd/Plc's first-quarter aluminum output fell a steeper-than-expected 6 percent, iron ore production was down 15 percent while refined copper rose 33 percent as the firm struggled to balance supply with global demand.