China's central bank lowered the yield for a key short-term money rate on Tuesday, the fourth time it has done so this year, as regulators step up efforts to reduce funding pressure for Chinese companies.
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Facebook video draws Thanksgiving ads from Macy's, others
Macy's Inc, which traditionally kicks off the U.S. holiday shopping season with a nationally televised parade in Manhattan, also will join a handful of other companies this year parading their ads on Facebook's fledgling video feeds.
USOC and Nike extend partnership through 2020
U.S. sportswear company Nike will continue to sponsor the United States Olympic Committee (USOC) and its athletes until the end of 2020, the USOC said on Monday.
China considers tougher tobacco controls: Xinhua
China, the world's biggest tobacco market, is considering a draft regulation that would ban indoor smoking, limit outdoor smoking and end tobacco advertising, the state-run Xinhua news agency has reported.
Puerto Rico's $2.9 bln bond deal will not happen before early 2015-sources
Puerto Rico's planned bond deal of up to $2.9 billion will not happen before early 2015, two finance industry sources briefed on the matter said on Monday.
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Bank of Japan Governor Haruhiko Kuroda on Tuesday stressed the bank's readiness to expand stimulus further to meet its price goal, standing firm in the face of criticism that last month's monetary easing has accelerated unwelcome falls in the currency.
General Motors Co President Dan Ammann on Monday said he expects "more of the same" next year from a U.S. auto market that has been growing slowly, while he is bracing for continued soft demand in other parts of the globe.
The U.S. services sector expanded in November at a slower rate than the previous month as growth in new business slowed, an industry report showed on Monday.
Japan's transport ministry last week set up a special task force to deal with air bag-related recalls and has urged automakers to speed up replacements of potentially defective Takata-made air bag inflators, its minister said on Tuesday.
The European Union's top official for digital markets said on Monday he was concerned that big tech companies may be abusing dominant positions, but he also said investigations into Google must not be rushed.
If the world's biggest central banks were actually coordinating a global monetary policy, they could scarcely do a better job of convincing financial markets right now.
United Technologies Corp (UTX.N) Chief Executive Officer Louis Chenevert has retired immediately and is being replaced by the company's finance chief, the diversified U.S. manufacturer said on Monday, an abrupt change that caught Wall Street off guard.
Asian shares gave back some of their China-inspired gains on Tuesday, while oil prices slumped ahead of this week's OPEC meeting.
An advanced malicious software application has been uncovered that since 2008 was used to spy on private companies, governments, research institutes and individuals in 10 countries, anti virus software maker Symantec Corp said in a report on Sunday.
