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Foreign automakers taken to task in China over dealers' bloated inventories

Foreign automakers in China may struggle to dictate sales goals in the future after dealers complained to the government that inflexible targets set during a market boom obliged them to buy too much stock and bear the brunt of a drop in demand.


Stock futures tick lower; S&P 500 at closing record

U.S. stock index futures were slightly lower on Tuesday, suggesting the market's recent trend of slight moves and low volume would continue in the next-to-last trading day of the year.

As oil falls, Russia choked by military, social spending

Russian authorities are facing some unpalatable options as they try to keep the economy afloat - unless they can persuade President Vladimir Putin to curb massive military spending.

U.S. agency gives quiet nod to light oil exports - sources

The main U.S. export authority is telling some oil companies that they should consider exporting a lightly processed form of crude oil called condensate without formal permission, according to people familiar with the discussions.


Latest News

Justin Bieber and Hailey Baldwin's night out together later this month have sparked intimacy and romance rumors.
After a year of dating, celebrity couple Sean Penn and Charlize Theron are officially engaged. Penn 'secretly proposed' to Theron in Paris. The two are now in the talks of discussing where and when the big wedding will take place.
AdvisorHUB, a year-old gossip and news website for the brokerage industry, has become such a part of brokers' daily reading routine that some call it the "New York Post of financial news."
Microsoft has announced a new edition of "Halo 5: Guardians," which is available for pre-order at a whopping $249.99.
Microsoft's "Countdown to 2015" sale includes massive price cuts for the "Assassin's Creed" series.
Brent oil extended losses into a fourth session on Tuesday, with prices hovering close to a more than five-year low above $57 per barrel, as persistent worries about a global supply glut offset concerns about output disruptions in Libyan.
Which movies were pirated the most in 2014? Surprisingly enough, mostly movies from last year. A disclaimer: piracy is wrong. Both the high-seas kind and the kind where you download movies without actually paying for them.
Burger chain Shake Shack Inc, which grew out of a hot dog stand in New York's Madison Square Park, has filed for an initial public offering at a time when stock offerings by casual restaurants have proven to be a big hit with investors.
New images show off the Millennium Falcon's redesign from "Star Wars: The Force Awakens"
Private equity firm Apollo Global Management LLC (APO.N) is considering making a bid for Portuguese lender Novo Banco SA, the bank carved out of Banco Espirito Santo SA (BES) (BES.LS), Bloomberg reported, citing people familiar with the matter.