U.S. stocks edged higher in a thinly-traded session on Monday as the market's recent upward bias continued and put the Dow on track for an eighth straight daily advance.
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Indonesia expands search for missing AirAsia jet, U.S. sends warship
Countries around Asia on Tuesday stepped up the search for an AirAsia plane carrying 162 people that is presumed to have crashed in shallow waters off the Indonesian coast, with Washington also sending a warship to help find the missing jet.
Petrobras deadline prompts some bondholders to push for default
Petrobras, Brazil's state-run oil company, could be declared in technical default on some of its foreign debt as early as Tuesday if bondholders pursue efforts to force it to speed up its assessment of losses in a giant corruption scandal.
Small U.S. firms may struggle with new UPS, FedEx dimensional prices
United Parcel Service Inc (UPS.N) and FedEx Corp (FDX.N) are rolling out new pricing systems to curb online retailers' large package sizes, but industry experts warn many small firms are unprepared and could pay up to 50 percent more for shipping.
Former Chrysler unit recalls 66,819 older pickups for clutch issue
FCA US, the former Chrysler Group, said on Monday it is recalling almost 67,000 older-model pickup trucks equipped with manual transmissions globally for possible clutch problems that have been linked to one death.
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An ice-cream store listed in the Guinness World Records book for its 863 different flavours has become the latest victim of Venezuela's economic crisis.
Sony Pictures (6758.T) said "The Interview" has earned more than $15 million in online sales and another $2.8 million in theaters, an impressive return made possible by the publicity surrounding the cyberattack blamed on North Korea.
Danish pharmaceutical group Novo Nordisk plans to use 500 of its 3,000-strong sales force in the United States to promote its new obesity drug, executive vice president Jakob Riis told Reuters on Monday.
China's Xiaomi Inc [XTC.UL], one of the world's fastest-growing smartphone makers, has raised $1.1 billion in a round of funding that cements its status as one of the world's most valuable private technology companies at a valuation of $45 billion.
The euro held its ground on Monday in the face of renewed nerves over Greece prompted by a failed attempt to elect a new president, leaving the country facing an early national election which could derail its bailout program.
Russia's economy shrank sharply in November and the rouble resumed its slide on Monday as Western sanctions and a slump in oil prices combined to inflict the first contraction in GDP since the global financial crisis.
European shares and periphery euro zone bonds tumbled on Monday after the Greek parliament rejected the government's presidential candidate, setting the stage for an election that anti-bailout party Syriza could win.
Oil prices rose on Monday, after dropping for the past two sessions, as escalating clashes in Libya stoked worries about supply from the OPEC member.
Shares in AirAsia fell 7.8 percent on Monday, their biggest one-day drop in more than three years after one of its aircraft went missing on its way to Singapore from the Indonesian city of Surabaya.
