NEW YORK (Reuters) - S&P 500 index futures edged higher on Tuesday following a two-day selloff as better-than-expected earnings offset worries that the market's seven-month rally was reaching its end.
ZURICH (Reuters) - Merrill Lynch veteran Robert McCann, the new head of UBS's loss-making U.S. wealth management unit, said he had no plans to sell the business that was battered by a high-profile tax row.
LONDON (Reuters) - BP Plc beat third-quarter earnings forecasts by a big margin in a sign Chief Executive Tony Hayward's restructuring plans were delivering results, with cost cuts ahead of targets and oil and gas output up strongly.
GUANGZHOU, China/BEIJING (Reuters) - The United States welcomes the rise in the yuan's exchange rate in recent years but wants the currency to climb further, visiting Commerce Secretary Gary Locke said on Tuesday.
NEW YORK (Reuters) - U.S. Steel Corp posted a third straight quarterly loss on Tuesday, but it was narrower than Wall Street expected as the company shipped more steel than in the previous quarter in a possible sign demand is coming back from the economic downturn.
(Reuters) - Anonymous trading venues known as "dark pools" are a technological evolution that have benefitted both institutional and retail trading by bringing down transaction costs, Goldman Sachs Group Inc said in a memo to the Securities and Exchange Commission.
NEW YORK (Reuters) - The top U.S. securities regulator said on Tuesday she was looking for ways to crack down on "naked access" or the practice of brokers giving high-frequency traders unfettered access to public markets.
TOKYO (Reuters) - Honda Motor surprised investors with a near tripling of its annual profit forecasts, bumping it further ahead of Japanese rivals thanks to a dominant motorcycle business and line-up heavy in small cars.
NEW DELHI (Reuters) - Intel Corp , the world's largest chipmaker, expects a rise in corporate spending on personal computers in 2010, Chief Executive Paul Otellini said on Tuesday.
(Reuters) - Fruit and vegetable producer Fresh Del Monte Produce Inc posted a higher-than-expected quarterly profit, mostly on tax benefits and lower interest expense, but its net sales missed expectations due to weak demand across most of its businesses.
