Workers at a Lear Corp plant in Indiana that makes parts for Ford Motor Co went on strike Saturday, according to the Chicago Tribune.
Legal & Regulatory
Sinopec sells $17.5 billion stake in retail unit to investors
Sinopec Corp will sell a 107.1 billion yuan ($17.5 billion) stake in its retail unit to a group of 25 Chinese and foreign investors, Asia's top oil refiner said in a statement on Sunday.
Heineken confirms, rebuffs SABMiller bid
Dutch brewer Heineken HEIN.AS said on Sunday it was approached by larger rival SABMiller SAB.L about a potential takeover but that its controlling shareholder intended to keep the company independent.
China growth worries rattle Asian stocks, Aussie dollar
Asian stocks stumbled to a five-week low on Monday after a batch of disappointing data out of China raised the specter of a sharp slowdown in the world's second-biggest economy.
Falling oil price tilts political, economic balance in U.S. favor
The drop in oil prices to their lowest in two years has caught many observers off guard, coming against a backdrop of the worst violence in Iraq this decade, heightened tensions between the West and Russia, and sanctions against Iran.
Latest News
The European Union sought ways on Saturday to marshal billions of euros into its sluggish economy without getting deeper into debt, considering options from a pan-European capital market to a huge investment fund.
Canada's New Democrats on Saturday proposed enacting a C$15-an-hour ($13.53) federal minimum wage, as the left-leaning party, lagging in third place in opinion polls, seeks to stake out specific policy positions before a likely 2015 election.
A rare blue flawless 12-carat diamond, one of the world's rarest gems, was the newest attraction at the Natural History Museum in Los Angeles on Friday, adding a vibrant sparkle to the museum's gem collection.
Incoming European Economic and Financial Commissioner Pierre Moscovici said on Saturday that France's missed budget deficit targets were a "serious problem" that he will have to examine in his new role.
Japanese Prime Minister Shinzo Abe said on Sunday he remained "neutral" on whether to proceed with a hike in Japan's sales tax to 10 percent, adding that decision would hinge on the strength of economic indicators for the current quarter.
Europe's antitrust chief hit back on Friday at media reports suggesting that he had bowed to political lobbying by delaying a final decision on alleged anti-competitive behavior by Google.
Hackers accessed dozens of servers at JPMorgan Chase & Co in a cyberattack launched in June, though no money was taken, the New York Times reported on Friday, citing people familiar with the investigation into the case.
German insurer Allianz is planning to sell the personal insurance business of its U.S. subsidiary Fireman's Fund as the unit continues to miss its targets, a German newspaper reported.
The Brazilian government is assessing whether to cut its most closely watched fiscal target in 2014 because revenues came in worse than expected and onetime expenditures climbed, Treasury chief Arno Augustin told Reuters on Friday.
