UNITED STATES

While most forecasters are expecting a tepid global economic recovery, former International Monetary Fund chief economist Michael Mussa is expecting a steeper rise.

Canada's commercial lending industry is healthier than its U.S. counterpart, with fewer borrowers behind on payments and other signs an economic recovery is under way, according to a survey by PayNet Inc.

China and the United States, the world's top greenhouse gas emitters, will try to ignite efforts on Tuesday to secure a U.N. global warming pact as worries grow of a dangerously close deadlock in talks.

U.S. stock index futures pointed to a higher open for Wall Street on Tuesday as the U.S. dollar hit a 1-year low against the euro ahead of the start of a Federal Reserve policy meeting, boosting oil and metals prices.

General Electric Co plans to test a new management model in India that the largest U.S. conglomerate believes will help it flourish through a long period of sluggish post-recession growth in developed markets.

No. 2 U.S. home improvement chain Lowe's Cos Inc backed its outlook on Tuesday for the year ending Jan. 29, but said it might have to recognize impairment charges related to operating stores in the second half of the period.

Oil rose above $70 a barrel on Tuesday, supported by a weaker dollar and recovering from a sharp fall the previous day, but bulging inventories and slow demand limited gains.

Credit Suisse downgraded Dell Inc to neutral raising concerns over the company's acquisition strategy, and recommended investors take profits from Dell stock but add positions in Hewlett-Packard Co, Apple Inc and EMC Corp.

U.S. stock index futures rose on Tuesday as the U.S. dollar hit a 1-year low against the euro ahead of the start of a Federal Reserve monetary policy meeting, boosting oil and metals prices.

The euro hit a one-year high against a sliding dollar on Tuesday as dealers resumed selling the U.S. currency following its rise the previous day, while markets awaited a Federal Reserve policy decision and Group of 20 summit later in the week.

The White House kept insurance companies squarely in its sights on Tuesday in the push for healthcare reform by releasing research showing that health insurance premiums have risen far faster than inflation in every U.S. state.

U.S. stock index futures rose on Tuesday as the U.S. dollar hit a 1-year low against the euro ahead of the beginning of a Federal Reserve monetary policy meeting, boosting oil prices.

Ford Motor Co and its Chinese partner will announce plans on Friday for their third car manufacturing plant in China, where sales may soon outpace its existing capacity, an industry source said on Tuesday.

Stock futures pointed to a higher opening on Wall Street on Tuesday, with futures for the S&P 500 up 0.7 percent, Dow Jones futures up 0.6 percent and Nasdaq 100 futures up 0.7 percent at 4:56 a.m. EDT.

World stocks climbed and the dollar fell on Tuesday ahead of the Federal Reserve's two-day policy meeting, with investors' search for higher returns reflected in the New Zealand dollar's surge to 13-month highs.

Oil rose above $70 a barrel on Tuesday in a technical rebound after its 3.2 percent decline in the previous session, as traders watch for clues to the health of the global economy from a U.S. Federal Reserve meeting and a summit of G20 nations this week.

Asian shares edged higher on Tuesday, helped by gains in South Korean technology shares, while the New Zealand dollar surged to a 13-month high on signs of a recovery in prices for the country's key dairy exports.

Hassan Nemazee, a fund-raiser for Barack Obama, Hillary Clinton and other Democrats, has been indicted for defrauding Bank of America, HSBC and Citigroup Inc out of more than $290 million in loan proceeds, U.S. prosecutors said on Monday.

The Federal Deposit Insurance Corp may ask healthy U.S. banks to lend billions of dollars to restore the health of the depleted fund that safeguards bank deposits, the New York Times reported, citing senior regulators.

President Barack Obama will broker his first summit of Israeli and Palestinian leaders on Tuesday but is given little chance of achieving a breakthrough toward relaunching long-stalled peace talks.

Honduras was deep in crisis after President Manuel Zelaya's surprise return to the Central American country raised the specter of violent street protests and a diplomatic fight with Brazil.