UNITED STATES

First-half sales and profits fell at British medical technology group Corin (COCRG.L), hit by weak demand for its Cormet hip resurfacing product and lower sales to U.S. orthopaedics giant Stryker (SYK.N).

Stock index futures were higher on Tuesday on news that Ben Bernanke will be renominated as chairman of the Federal Reserve and ahead of key consumer confidence and housing data.

Bank of America Corp and the top U.S. securities regulator sought to persuade a judge to approve their $33 million settlement of a civil lawsuit over the lack of disclosure of billions of dollars of bonuses at Merrill Lynch & Co.

The United States needs to have a climate change law in place before international talks on a climate pact begin in December, two top Obama administration officials said on Monday.

Stock index futures were slightly higher on Tuesday on news that Ben Bernanke will be renominated as chairman of the Federal Reserve and ahead of key consumer confidence and housing data.

The U.S. Department of Energy said on Monday it has awarded $27.6 million of funding to evaluate the potential risks of storing carbon dioxide underground, which is seen as a way to control global warming.

Money-market mutual funds undermine the strength of the U.S. financial system and should be regulated more like banks, Bloomberg reported former Federal Reserve Chairman Paul Volcker as saying in an interview.

The yen rose broadly on Tuesday, advancing in particular against the euro and sterling as a retreat in European shares from a 10-month high the previous day undermined demand for currencies considered to be high-risk.

General Motors may make clear within the next 24 hours whether it wants to keep its European carmaker Opel rather than sell it, a German labor representative said on Tuesday.

Oil fell below $74 a barrel on Tuesday in a drop on broader global stock markets from 10 month highs hit in the previous session .

U.S. stock index futures pointed to a mixed start for Wall Street on Tuesday after U.S. shares ended flat in the previous session as investors took a breather from a four-day rally.

Oil fell below $74 a barrel on Tuesday, down for the first time in six days as Chinese shares plummeted on renewed concerns over the economic recovery, after reaching a 10-month high a day earlier.

Asian shares slipped along with commodities on Tuesday in a reversal of the previous day's solid gains, with many investors sticking to the sidelines and awaiting more clues on whether the economic recovery is picking up steam.

U.S. President Barack Obama will nominate Ben Bernanke to a second term as chairman of the Federal Reserve Tuesday, keeping him on the job of guiding the world's largest economy out of its deepest downturn since the Great Depression.

A federal appeals court in New Orleans said on Monday that accused swindler Allen Stanford must stay in jail until his fraud trial.

Oil fell below $74 a barrel on Tuesday, down for the first time in six days on softer Asian shares as renewed concerns over the economic recovery emerged, after reaching a 10-month high a day earlier.

Michael Jackson was killed by a lethal dose of the powerful anesthetic propofol, according to findings unsealed in court documents by the Los Angeles chief medical examiner.

Americans swamped auto dealerships on Monday during the final hours of the government's popular cash-for-clunkers program, which offered rebates of up to $4,500 to trade in older gas guzzlers.

A police Investigation into last month's Jakarta hotel bombings shows that terrorist groups had made plans to use snipers to attack US president Barack Obama during his visit to Indonesia in November.

U.S. President Barack Obama will nominate Ben Bernanke to a second term as chairman of the Federal Reserve on Tuesday as the economy shows signs of recovery, a senior administration official said on Monday.

Teen pop star Nick Jonas, taking a break from touring with his brothers to raise awareness of juvenile diabetes, said he dreams about being U.S. president and may study political science in college.