NEW YORK (Reuters) - U.S. stocks were poised for a flat open on Wednesday after a private-sector employment report showed an improvement from October but fell shy of forecasts.
DETROIT (Reuters) - General Motors Co's chief executive Fritz Henderson abruptly resigned on Tuesday, after the company's board decided the automaker needed to push its restructuring faster under new leadership.
NEW YORK (Reuters) - U.S. private employers shed 169.000 jobs in November, fewer than the 195,000 jobs lost in October, a report by a private employment service said on Wednesday.
LONDON (Reuters) - French media group Vivendi will not receive any cash upfront from a $5.8 billion sale of its stake in broadcast group NBC Universal to majority owner General Electric, the Financial Times reported.
DUBAI (Reuters) - Government-owned Dubai World will meet its main creditors next week to discuss a request to delay payment on $26 billion in debt that has shaken global markets and confidence in the Gulf Arab business hub.
BEIJING (Reuters) - Foreign firms and individuals will be allowed to set up limited partnership firms in China from March 2010, a move that could make it easier for some overseas investors to tap the domestic market.
CHICAGO (Reuters) - Walgreen Co said on Wednesday that sales at stores open at least a year rose 3.9 percent in November, while analysts' had expected a stronger 6.1 percent increase, according to Thomson Reuters data.
ROCHESTER, New York (Reuters) - The U.S. Federal Reserve must be prepared to raise interest rates if needed before the jobless rate has fallen to an "acceptable level", or risk losing its inflation-fighting credibility, a senior Fed official said on Tuesday.
KOFU, Japan (Reuters) - A Bank of Japan policymaker signaled on Wednesday the central bank was open to adopting more measures to support the economy following its emergency meeting the previous day that offered extra short-term funding.
LONDON (Reuters) - Gold hit record highs at $1,216.75 an ounce in Europe on Wednesday as investors bet on higher prices, with funds lengthening positions due to expectations of a fresh leg of dollar weakness and more central bank buying.
