Reuters

"Toward the end of the second quarter, we saw encouraging signs across our businesses."

Volkswagen is evaluating manufacturing engines in India, according to the head of Volkswagen's India operations.

Officials said the death toll was certain to rise. Another source said up to 50 people may have been killed.

Negotiations have stalled for now on a dispute between China, India and South Africa over who will host the bank.

The U.N. Security Council on Monday authorized humanitarian access without Syrian government consent at four border crossings into rebel-held areas from Turkey, Iraq and Jordan, although Syria has warned it deems such deliveries an attack.

The settlement charge for selling shoddy mortgage-based securities hits hard on Citi's bottom line.

The settlement figure was more that twice what many analysts expected earlier this year.

Both federal and state investigations into the switch, which is linked to at least 13 deaths and 54 crashes, are at early stages.

Chicago-based AbbVie wants to buy Shire to cut its tax bill and diversify its product line-up.

Abe has been in office since late 2012 and has yet to meet Chinese leaders.

Citigroup agreed to pay $7 billion to resolve a U.S. government investigation into shoddy mortgage-backed securities the bank sold in the run-up to the 2008 financial crisis in a settlement set to be announced on Monday, sources said.

The incident is the first reported casualty in Russia during the conflict.

The deadline for a deal is July 20.

The first ground assault of a six-day Israeli offensive aimed at stopping Palestinian rocket fire in the territory came Sunday.

An ex-employee of the company also alleges she was wrongfully terminated.

Big tech names set to report next week include Intel Corp and Yahoo Inc on Tuesday; eBay Inc on Wednesday and Google Inc on Thursday.

Asked if Israel might move from the mostly aerial attacks of the past four days into a ground war in Gaza to stop militant rocket fire, Prime Minister Benjamin Netanyahu replied, "We are weighing all possibilities and preparing for all possibilities."

The officials, who are knowledgeable about the details of the case, said the U.S. government believes the relationship between the German defense official and his State Department contact was a friendship.

The moves escalated a feud between the Shi'ite-led central government and the autonomous Kurdish region driven by a Sunni insurgency which threatens to fragment Iraq along sectarian and ethnic lines three years after the withdrawal of U.S. troops.

European shares were still on track to post a sharp weekly loss after Thursday rout.

The presence of Snowden in Russia has strained relations between Moscow and Washington, also at odds over the crises in Syria and Ukraine.

Apple has frequently come under fire from Chinese state media, which accused the company of providing user data to U.S. intelligence agencies.

In London, demonstrators marched towards Trafalgar Square at midday, chanting "Low pay, no way, no slave labor."

Government forces have recently gained the upper hand in the three-month conflict against separatists in the Russian-speaking eastern regions.

The world's largest software maker has also identified at least another 4.7 million infected machines, though many are likely still controlled by cyber fraudsters, Microsoft's cybercrime-fighting Digital Crimes Unit said on Thursday.

The company's annual projection is up 4.2 percent from its 2013 forecast.

Among the violations being investigated are Commerzbank's transactions for the Islamic Republic of Iran Shipping Lines.