Top U.S. coal miner Peabody Energy raised its offer for Australia's Macarthur Coal to $3.27 billion, but the new offer was below Macarthur's market price, suggesting the bidding could go higher.
U.S. stock index futures pointed to a lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.29 percent, Dow Jones futures down 0.16 percent and Nasdaq 100 futures down 0.16 percent at 3:30 a.m. EDT.
Greece will launch a multi-billion dollar bond in the United States this month, selling itself for the first time as an emerging market as demand for its debt dwindles in Europe, the Financial Times reported.
Asian stock markets rose to three-month highs on Tuesday, extending a two-week rally fueled by strong U.S. economic data and a seeming thaw in U.S.-China tensions over the yuan.
Top U.S. coal miner Peabody Energy raised its offer for Australia's Macarthur Coal to $3.27 billion, but the new offer is at a discount to Macarthur's last trading price.
Asian stock markets rose to three-month highs on Tuesday, extending a two-week rally fueled by strong U.S. economic data and a seeming thaw in U.S.-China tensions over the yuan.
Toyota Motor Corp faces a proposed $16.4 million fine from U.S. regulators who said the automaker knowingly delayed a massive recall for defective accelerator pedals.
Toyota Motor Corp faces a proposed $16.4 million fine from U.S. regulators, the maximum penalty allowed under current laws, after the automaker failed to notify the government in a timely way about accelerator pedal flaws that were the subject of a massive recall in January.
The administrators of Lehman Brothers' U.K. unit are objecting to a plan by the collapsed U.S. investment bank to create an asset manager that would continue to oversee its illiquid assets post-bankruptcy.
Microsoft Corp is set to announce its long-awaited Project Pink phones early next week, sources familiar with the matter said on Monday, as the world's largest software company attempts to gain traction in the growing market for young smartphone users.
Billionaire New York real estate developer Sheldon Solow has dropped his lawsuit accusing insurer Conseco Inc of fraud over the $1.4 billion auction in 2003 of the General Motors Building in midtown Manhattan.
The Aussie dollar opens this morning slightly above the 92 cent level buoyed by optimism of a continued recovery in global economic growth following upbeat U.S economic data in the form of increasing employment.
The United States on Monday reiterated its call for China's currency to be market-based, as lawmakers warned they would act if there was no movement from China on revaluing the yuan.
The services sector grew at its fastest pace in nearly four years in March and future home sales unexpectedly rose in February bolstering hopes for sustainable economic recovery and job growth.
Banning traders from placing their servers close to an exchange's trading system would not solve anything, a top securities regulator said on Monday.
U.S. stocks rose on Monday, pushing the Dow near the 11,000 level, as signs of a turnaround in the U.S. labor market bolstered hopes the economy is strengthening and the profit outlook is brightening.
U.S. regulators on Monday proposed fining Toyota Motor Corp the maximum penalty of $16.4 million, saying the company failed to notify the government in a timely way about accelerator pedal flaws that were the subject of a massive recall in January.
NEW YORK (Reuters Health) - The flu shot is safe for most kids with egg allergies, a new report in Pediatrics shows.
Top retail chains are set to report a jump in March sales, lifted by an early Easter, an improving job market and warm weather, in what may be the strongest sign yet that consumers are shopping again.
The United States on Monday reiterated its call for China's currency to be market-based, as lawmakers warned they would act if there was no movement from China on revaluing the yuan.
NEW YORK (Reuters Health) - If most new mothers could follow medical experts' recommendation to exclusively breastfeed for six months, the U.S. might save $13 billion in healthcare and other costs each year, a study published Monday suggests.
As 2009 came to a close, Fifth Third Bancorp was preparing to report its sixth loss in seven quarters.