Deutsche Bank said it would redeem all of its most bullish oil exchange-traded notes (ETNs), as the U.S. government moves to boost regulation in commodities markets.
Ecuadorean authorities said on Tuesday they were looking into accusations by Chevron Corp that the judge involved in a $27 billion environmental lawsuit against the U.S. oil company is guilty of misconduct and involvement in a bribery scheme.
Khosla Ventures said on Tuesday it had raised more than $1 billion for renewable energy and clean technology funds, a sign that skittish investors are hot for climate-change-related projects.
Toyota Motor Corp plans to raise production of its Tacoma and Tundra pickups to meet expected demand for trucks, and increase production of fuel-efficient vehicles through the end of the year, executives said on Tuesday.
Ebay, the US online auction group, agreed to unload 65 per cent of its Skype internet calling service to a group of private investors for $2bn in cash and debt.
U.S. stocks fell for a third straight day on Tuesday, spooked by uncertainty over the health of financials and concerns that the explosive rally since March may have run ahead of economic reality.
U.S. stocks fell for a third straight day on Tuesday, spooked by uncertainty over the health of banks and concerns that the explosive rally since March may have run ahead of economic reality.
U.S. auto sales boomed in August as $3 billion in government incentives spurred sharp gains for Hyundai Motor Co, Ford Motor Co and Honda Motor Co and left the industry facing shortages of top-selling vehicles.
General Electric Co expects conditions in most of its core markets to remain challenging for the next 12 to 18 months, a top executive of the largest U.S. conglomerate said on Tuesday.
Florida's economy is shrinking in another crippling blow to the housing market of the state, which leads the United States in foreclosures and is grappling with record levels of unemployment.
The U.S. manufacturing sector grew for the first time in 19 months in August and home sales contracts hit a two-year high in July, more evidence the economy was pulling out of the worst recession in 70 years, reports on Tuesday showed.
Car boom and bust?; A Good Sign; Raising the Stakes
Belgian finance investor RHJ International (RHJI.BR) raised the stakes in the ongoing bidding war with rival Magna (MGa.TO) for GM's GM.UL Opel unit, as sources said the U.S. automaker's board was due to discuss the deal.
U.S. stocks fell on Tuesday as uncertainty over financial companies' health prompted a sell-off, while concerns mounted about the validity of a rally that has driven stocks up nearly 50 percent from March.
The Prius hybrid automobile is popular for its fuel efficiency, but its electric motor and battery guzzle rare earth metals, a little-known class of elements found in a wide range of gadgets and consumer goods.
About one of every five Internet display ads in the United States is viewed on a social networking Web site like MySpace and Facebook, according to a new report.
Oil prices fell nearly 3 percent to $68 a barrel on Tuesday as economic concerns sent investors into safer havens, outweighing positive U.S. manufacturing and home sales data.
Chrysler Group LLC's U.S. sales fell 15 percent to 93,222 units in August due to inventory shortages related to extensive summer shutdowns during its bankruptcy restructuring, a source briefed on the matter said on Tuesday.
General Motors Co [GM.UL] posted a 20.2 percent drop in U.S. sales in August from a year earlier, the highest sales of the year, supported by the U.S. government's
Cerberus Capital Management LP on Tuesday dismissed market speculation that some of its hedge funds, which have suffered losses and heavy redemptions, are in danger of default.
The U.S. National Hurricane Center said Monday a broad area of low pressure about 500 miles east of the Lesser Antilles in the Atlantic Ocean had a high chance of becoming the season's next tropical depression during the next 48 hours.
The yen and dollar rose on Tuesday as fears of further U.S. bank failures overshadowed unexpectedly strong U.S. manufacturing data, boosting the two currencies' safe-haven appeal. Major U.S. stock indexes .DJI .SPX .IXIC were down nearly 2 percent in afternoon U.S. trading as investors fretted that chatter from hedge funds on a bank failure could prove accurate.
