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Japan carmakers studying brake override system

Japanese carmakers are considering following Toyota Motor's lead in adopting a brake override system that would potentially address all sources of unintended acceleration, including driver error.

Iran says hopes China won't bow to sanctions pressure

Iran said on Tuesday it hoped China would not give in to pressure to agree to new sanctions that the United States and its allies hope to win U.N. approval for over its nuclear program.

BMW sees definite upturn in almost all car markets

German luxury carmaker BMW sees a definite upturn in almost all car markets after its automobile and motorcycle sales increased 14 percent in February compared with the same month last year.

Coal demand to shoot up to 750 MT in 5 years

Experts maintained stable outlook for oil & gas and base metal industry. However, the long term outlook for thermal coal is positive, with 220 GW of coal-fired electricity generation capacity expected to come online over the next 5 years, requiring over 750 Mt of coal. The outlook for oil and gas prices remains broadly unchanged, with oil prices still expected to rise. Oil prices have hovered around USD 70 per barrel for the past three months. This relative stability at an economically viable le...

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Duane Reade quarterly net loss widens

New York area drugstore chain Duane Reade Holdings Inc posted a smaller quarterly operating loss and improved margins, while its net loss widened on charges.

FOREX-Yen gains broadly on risk aversion; dollar higher

The yen gained across the board on Tuesday as most world equity markets fell, illustrating a rise in risk aversion as investors moved into the low-yielding Japanese currency. Appetite for risk had been boosted by Friday's better-than- expected U.S. employment report, pushing the yen down to two-week lows versus the euro and the dollar.

Burger King sees weak Q3, blames weather

Burger King Holdings Inc expects lower third-quarter revenue and restaurant margins in the U.S. and Canada.

Chevron to sell UK refinery, cut 2,000 jobs

Chevron Corp , the second-largest U.S. oil company, said it planned to put several downstream operations up for sale, including its Pembroke refinery in the UK, and eliminate 2,000 jobs this year.

Stock futures signal weak open on anniversary of bottom

Stock index futures pointed to a modestly lower open on Tuesday, the anniversary of the lows reached in the recession, as the dollar strengthened and pressured commodity prices.

Deutsche Post 2010 outlook misses estimates

Deutsche Post DHL unveiled a conservative financial strategy that focuses on saving cash to safeguard its credit rating and gave a 2010 earnings outlook that missed market expectations.

World stocks off 6-week high; oil tumbles

World stocks slipped on Tuesday from the previous day's six-week high and oil fell nearly 2 percent, while the yen rose broadly as investors grew cautious after a recent rally in riskier assets.

Stock futures off on anniversary of recession bottom

U.S. stock index futures fell on Tuesday, the anniversary of the lows reached in the recession, as the dollar strengthened and pressured commodity prices.

Stock futures lower on anniversary of recession bottom

Stock index futures fell on Tuesday, the anniversary of the lows reached in the recession, as the dollar strengthened and pressured commodity prices.

Stock futures down as commodities fall, techs in focus

U.S. stock index futures fell on Tuesday as commodities weakened ahead of a report expected to show another increase in crude oil inventories, a bearish sign for demand in the world's largest energy consumer.

Stock futures signal dip; Texas Instruments eyed

Stock index futures pointed to a lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.36 percent, Dow Jones futures down 0.26 percent and Nasdaq 100 futures down 0.23 percent at 1049 GMT (5:49 a.m. ET).

Charges wallop EADS, A380 superjumbo woes persist

Airbus parent EADS fell to a heavy 2009 loss and axed its dividend as production niggles on its A380 superjumbo swelled provisions and dampened the outlook for this year.

Deutsche Post sees profit rising

Deutsche Post DHL said a global economic recovery and cost cuts will help it boost its core profit this year, as it halted a slide in revenues last year and demand for air freight and mail started to improve.

Cyber-bullying cases put heat on Google, Facebook

The Internet was built on freedom of expression. Society wants someone held accountable when that freedom is abused. And major Internet companies like Google and Facebook are finding themselves caught between those ideals.

Sony to launch 3D TVs in June, rivals Samsung

Sony Corp will launch 3D televisions in June, entering an increasingly crowded market that is betting the revolutionary TV will become the next hot product.

Stocks pull back from 6-week highs; euro slips

Oil and higher-yielding currencies pulled back from multi-week highs on Tuesday and Asian stocks drifted lower as investors paused in their recent chase for riskier assets.

Sony to start selling 3D TVs in Japan in June

Sony Corp said it will launch 3D televisions in Japan in June, entering an increasingly crowded field of competition for what many see as the next hot product in the electronics industry.

Global stocks pull back from 6-week highs, euro slips

Oil and higher-yielding currencies shrank from multi-week highs on Tuesday and Asian stocks drifted lower as investors paused in their recent chase for riskier assets.

EADS defense knot to overshadow 2009 losses

Airbus parent EADS faces crucial decisions on its future as a global defense player even as it unveils 2009 losses for its share of an international bailout of its delayed A400M military transporter on Tuesday.

Greek PM urges G20 effort to rein in speculators

Greek Prime Minister George Papandreou on Monday urged the Group of 20 nations to crack down on market speculators, warning that failing to do so could trigger another global financial crisis.

Google, Dish testing new TV search service: report

Google Inc and No. 2 U.S. satellite TV operator Dish Network Corp are jointly testing a television programing search service, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Toyota says no flaw found with safety electronics

Toyota Motor Corp on Monday sought to discredit an outside study critical of its electronic safety systems and said it had found no flaw with its throttle controls.

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