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General Motors Corp is about to open the door on the biggest garage sale in U.S. industrial history.

Abu Dhabi makes $2.5 billion from Barclays stake sale

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Abu Dhabi sold an 11 percent stake in Barclays on Tuesday, making $2.5 billion from an investment that helped the British bank through the financial crisis and raising fears that the rally in bank shares may be over.
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Oil falls below $68 after day-ago jump

Oil fell nearly $1 to below $68 a barrel on Tuesday as investors took profit from a jump of more than 3 percent a day earlier, but analysts said sentiment remained bullish amid growing signs of economic recovery.
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Asian shares hit 2009 high on recovery hopes

Improving global manufacturing data lifted Asian shares on Tuesday near levels before the collapse of Lehman Brothers in September, but the pace of gains slowed as investors pondered how much longer a heady three-month rally will last.
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Asia shares extend rally, hope worst is over

Improving global manufacturing data lifted Asian shares on Tuesday, bringing a regional index near to levels before the collapse of Lehman Brothers in September, but the pace of gains slowed as investors weighed how much longer a heady, three-month rally will last.
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Asian shares extend rally on signs worst is over

Improving global manufacturing data lifted Asian shares on Tuesday, bringing a regional index near to levels before the collapse of Lehman Brothers in September, but the pace of gains slowed as investors weighed how much longer a heady, three-month rally will last.
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Oil falls after 3-percent jump, holds above $68

Oil fell on Tuesday but held above $68 a barrel as investors took profit from a jump of more than 3 percent a day earlier, spurred by hopes of economic recovery on the back of improving factory activity.
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Exxon sticks to fossil fuels in near term despite alt energy push in U.S.

Exxon Mobil Corp, the world’s largest traded oil and natural gas company, is keeping fossil fuels as part of its primary strategy for the near term despite a growing U.S. government push for alternative energy sources with less impact on climate change, the company’s chief executive said recently.
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Wall Street jumps on recovery bets and GM; AmEx off late

U.S. stocks rose on Monday, sending the S&P 500 to its highest close in seven months, as reassuring economic data reinforced hopes that demand will stabilize, while General Motors' long-expected bankruptcy filing ended uncertainty about the automaker's fate.
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U.S. manufacturing shrinks at slower pace in May

The U.S. manufacturing sector showed improvement in May, contracting at a slower rate for the fifth straight month, while consumer spending slipped only slightly in April, according to reports Monday that offered more proof the deep recession is losing its bite.
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Wall Street soars on economic optimism, GM relief

U.S. stocks rose on Monday, sending the S&P 500 to its highest close in seven months, as reassuring economic data reinforced hopes that demand will stabilize, while General Motors' long-expected bankruptcy filing ended uncertainty about the automaker's fate.
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Wall Street advances on economic hopes, GM relief

U.S. stocks rose on Monday, sending the S&P 500 to a seven-month high, as reassuring economic data reinforced hopes of economic stabilization, while General Motor's long-expected bankruptcy petition lifted uncertainty about the automaker's fate.
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U.S. manufacturing shrinks at slower rate

The U.S. manufacturing sector contracted at a slower rate in May, while consumer spending fell modestly in April, according to reports on Monday that were further evidence the deep recession was easing.
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Oil jumps to $68 on equities, dollar

Oil rose more than 2 percent to a seven-month high on Monday, extending its biggest monthly gain in a decade due to rallying stock markets and sustained expectations for a global economic recovery.
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North Korea may launch long-range missile in weeks

North Korea may this month test a missile designed to fly as far as U.S. territory and may also be gearing up for skirmishes with the South around their disputed sea border, South Korean news reports said on Monday.

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