Japan's Toshiba made a solo bid for Areva's transmission and distribution (T&D) business on Monday while AXA Private Equity said it would not join the race for the French nuclear group's coveted unit.
President Barack Obama will delay the start of his visit to Asia this week to attend a memorial service for soldiers killed in a mass shooting at a U.S. military base, an administration official said on Sunday.
Energy firm Petro-Diamond Risk Management Ltd said on Monday it will close its global derivatives operations, looking to end its role as market maker in the volatile oil trade hedging business.
The global car market has bottomed and is on track for 60 million units sales this year and next, Carlos Ghosn, who heads Japan's Nissan Motor Co and France's Renault SA, said on Sunday.
Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.9 percent, Dow Jones futures up 0.8 percent and Nasdaq 100 futures up 0.8 percent at 5:10 a.m. EST.
Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.9 percent, Dow Jones futures up 0.8 percent and Nasdaq 100 futures up 0.8 percent at 5:10 a.m. EST.
Asian stocks and currencies rose on Monday on bets a surge in the U.S. unemployment rate to a 26-1/2-year high would force policymakers to keep many stimulus measures in place until an economic recovery spread further.
Asian stocks and currencies rose on Monday as investors bet that a surge in the U.S. unemployment rate to a 26-1/2-year high would force policymakers to keep many stimulus measures in place until an economic recovery was on more solid footing.
The U.S. dollar may come under renewed pressure from emerging market currencies and the euro after a meeting of the world's top finance officials failed to take concrete action on rebalancing global money flows
China on Saturday shrugged off international pressure to appreciate its currency, saying developed countries should focus on the quality of their own economic policy-making. Chinese Finance Minister Xie Xuren, speaking after finance ministers and central bank governors of the Group of 20 nations met in Scotland, said countries with global reserve currencies should work to maintain the currencies' value to avoid destabilising the world economy.
Group of 20 finance ministers and central bankers pledged on Saturday to prepare strategies to end emergency support for their economies, but to keep the aid flowing until recovery was assured.
The Obama administration would be willing to hold bilateral talks with North Korea but only if certain conditions were met, the president's top adviser on Asia said on Friday.
Warren Buffett's Berkshire Hathaway Inc on Friday said quarterly earnings tripled, as rising stock markets boosted its investment holdings and a quiet hurricane season contributed to higher insurance profit.
Warren Buffett's Berkshire Hathaway Inc on Friday said third quarter net income tripled, as rising stock markets boosted its investment holdings and a quiet hurricane season contributed to higher insurance profit.
U.S. President Barack Obama will seek to reinforce the U.S. desire for more balanced global growth during his trip to Asia this month, administration officials said on Friday.
The Michael Jackson concert film This Is It has crossed the $100 million mark at international box offices as it enters its second weekend in theaters, the studio behind the movie said on Friday.
French nuclear reactor builder Areva is to decide the buyer for its transmission and distribution (T&D) business mid-November, with bidders sending in final offers this Monday.
A U.N. climate deal due to be agreed in Copenhagen at talks from December 7-18 may fall short of a legally binding treaty, according to the United Nations.
H1N1 swine flu is on the rise in China and Japan after triggering an unusually early start to the winter influenza season in Europe, Central Asia and North America, the World Health Organization said on Friday.
The International Monetary Fund warned global financial leaders on Friday not to repeat the mistakes of the Great Depression and choke off emergency support for their economies too quickly.
The United States and Japan look set to avoid a collision over where to relocate a Marine base when President Barack Obama visits Tokyo next week, but the row could still fray security ties in the months ahead.
Japanese Finance Minister Hirohisa Fujii said on Friday he wants to discuss the world economy with U.S. Treasury Secretary Timothy Geithner next week.
