NEW YORK (Reuters) - Stock futures pointed to a higher open on Monday as a softer dollar helped boostcommodity prices and, potentially, earnings of export oriented U.S. companies.
WASHINGTON (Reuters) - President Barack Obama's top economic adviser said on Monday the United States is on the path toward economic recovery, conditions in financial markets are steadier and there have been initial signs of stabilization in the housing market.
SHANGHAI/HONG KONG (Reuters) - Tengzhong, the Chinese buyer of General Motor's Hummer brand, aims to close the deal by early 2010, with regulatory approval looming as the first of what will likely be multiple hurdles on the road ahead.
TAIPEI (Reuters) - Acer , the world's third-biggest PC brand, said it expected to report a third-quarter net profit of about T$3.45 billion , as PC shipments climb on the back of back-to-school demand.
DUBAI (Reuters) - Private equity firm Blackstone Group is planning to list up to eight of its portfolio companies, according to a source who received a letter the firm sent to investors on Friday.
(Reuters) - Several U.S. companies have awarded stock options to top executives while engaged in merger negotiations, the Wall Street Journal said, citing an academic research paper and its own review of company filings.
NEW YORK (Reuters) - Citigroup Inc is expected to be fined $600,000 by the Financial Industry Regulatory Authority over derivatives transactions that helped foreign clients avoid taxes on dividends, a source familiar with the matter said on Sunday.
AMSTERDAM (Reuters) - Philips Electronics reported better than expected third-quarter results on Monday, boosting its share price as the benefits of its cost-cutting program took effect, but the company said it had still not seen a recovery in most of its markets.
SAN DIEGO (Reuters) - Small companies create more than half of America's jobs, but the entrepreneurs who drive this part of the economy continue to complain that access to credit two years into the recession remains scarce.
LONDON (Reuters) - Oil rose by more than $1 a barrel to a six-week high above $73 on Monday, supported by optimism about the pace of global economic recovery and indications of stronger oil demand.
