Oil rose above $79 a barrel on Tuesday, up after three straight days of decline as investors awaited new leads from equities markets and weekly crude inventory data from the United States.
BP Plc beat third-quarter earnings forecasts by a big margin in a sign Chief Executive Tony Hayward's restructuring plans were delivering results, with cost cuts ahead of targets and oil and gas output up strongly.
Stock index futures pointed to a mixed open on Wall Street on Tuesday, following a selloff in the previous session, as investors braced for more corporate results and key data on consumer sentiment.
Honda Motor surprised investors with a near tripling of its annual profit forecasts, bumping it further ahead of Japanese rivals thanks to a dominant motorcycle business and line-up heavy in small cars.
Emerging market and Japanese shares fell sharply on Tuesday after an overnight sell off on Wall Street, but the retreat failed to boost the dollar which fell after the previous sessions' gains.
Oil paused below $79 a barrel on Tuesday, steady after three straight days of decline as investors awaited new leads from equities markets and weekly crude inventory data from the United States.
Anonymous trading venues known as dark pools are a technological evolution that have benefitted both institutional and retail trading by bringing down transaction costs, Goldman Sachs Group Inc said in a memo to the Securities and Exchange Commission.
Emerging market and Japanese shares fell sharply on Tuesday after an overnight sell off on Wall Street, but the retreat failed to boost the battered dollar.
Diversified U.S. manufacturer United Technologies Corp is now the favorite in the bidding for General Electric Co's security business, Bloomberg reported, citing a person familiar with the matter.
UBS has appointed Merrill Lynch veteran Robert McCann to head its Americas wealth management unit in a bid to rebuild the franchise which has been battered by a damaging tax row.
Colorectal cancer can take many years to develop and early detection of colorectal cancer greatly improves the chances of a cure. The National Cancer Policy Board of the Institute of
Asian shares fell on Tuesday as investors worried that an eventual withdrawal of economic support measures could undermine global recovery while the dollar gave up early gains as short-covering receded.
Oil steadied at below $79 a barrel on Tuesday, pausing after three straight days of decline, as investors awaited fresh leads from the equities market as well as more economic data to gauge the pace of the global economic recovery.
Asian shares followed Wall Street lower on Tuesday with resources stocks under pressure as the price of oil stayed below $79 and with investors growing increasingly worried about the recovery of the world economy.
Union workers at Ford Motor Co's Kansas City assembly plant overwhelmingly rejected proposed contract changes that include a no-strike provision on wages and benefits, the local president said on Monday.
America Movil, the largest cellphone operator in Latin America, posted a 51 percent rise in third-quarter net profit on Monday due to a pickup in new subscribers and lower financing costs.
U.S. regulators looking into high-frequency trading have asked the industry if institutions are flocking to so-called dark pools and increasing market volatility, sources familiar with the SEC's line of questioning said on Monday.
Iraq renewed calls on Monday for a U.N. inquiry into the support given by foreign countries to insurgents after twin suicide blasts against government buildings in Baghdad killed more than 150 people.
America Movil, the largest cellphone operator in Latin America, posted a 51 percent rise in third-quarter net profit on Monday due to a pickup in new subscribers and lower financing costs
U.S. stocks fell for a second straight session on Monday as investors ditched home builders and financials on fears lawmakers may let a federal home buyer tax credit expire, while commodity shares succumbed to pressure from the higher U.S. dollar.
The United States will need its entrepreneurial spirit to compete with deep-pocketed China in the race to develop green energy technologies, U.S. Energy Secretary Steven Chu said on Monday.
The U.S. government asked for a reduced sentence on Monday for a former American client of UBS AG who pleaded guilty to tax evasion but provided information leading to the indictment of a Swiss banker and a Zurich lawyer.
