UNITED STATES

Wall Street was poised for a lower opening on Monday as a decision by the United States to impose special duties on Chinese tires sparked investor concerns about a possible trade dispute.

Climate change could cut gross domestic product in countries at a high risk from weather catastrophes by up to a fifth by 2030 unless urgent steps are taken, a report said on Monday.

A bill that would power up California's already ambitious effort to shift to cleaner, renewable energy has cleared the state legislature, but it was uncertain if Governor Arnold Schwarzenegger would sign it

U.S. stock index futures indicated a lower opening on Monday as a decision by the United States to impose special duties on Chinese tires sparked investor concerns about a possible trade dispute.

Daily Outlook - Sept 14

Nortel Networks Corp said Avaya Inc has emerged as the successful bidder at a bankruptcy auction for its Enterprise Solutions business and has agreed to pay $900 million in cash for the unit.

Visa Inc, the world's largest payment network, said on Monday that its U.S. payment volume had declined in August as fewer consumers used their credit cards.

U.S. stock index futures fell on Monday as a decision by the United States to impose special duties on Chinese tires sparked investor concerns about a possible trade dispute.

U.S. stock index futures fell on Monday as a decision by the United States to impose special duties on Chinese tires sparked investor concerns about a possible trade dispute.

Oil eased toward $68 a barrel on Monday, after a decision by a major U.S. commodities exchange to enforce limits on large positions increased uncertainty and the dollar strengthened slightly.

Germany's plan to provide 4.5 billion euros ($6.5 billion) in state aid to Opel threatened on Monday to spark a political storm across Europe over where the carmaker was likely to cut plants and jobs.

President Barack Obama will try on Monday to revive a stalled push for stricter oversight of Wall Street, using the anniversary of Lehman Brothers' collapse to argue for sweeping regulatory changes.

Chinese media and officials have heaped scorn on a U.S. decision to impose special duties on Chinese-made tires, extending Beijing's warnings that the move may fuel trade friction as global growth struggles to revive.

Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.63 percent, Dow Jones futures down 0.7 percent and Nasdaq 100 futures down 0.7 percent.

Oil fell more than a dollar toward $68 a barrel on Monday as a rebound in the beaten-down U.S. dollar and nagging concerns that prices may have run ahead of market fundamentals extended last week's late sell-off.

Shares in Japan Airlines jumped 8 percent on Monday on news American Airlines and Delta Airlines are considering rival investments in the struggling carrier to secure partnership ties and boost revenue from Asia.

The dollar crawled up on Monday from a one-year low against other currencies as speculators booked profits on bets against the greenback, while the yen's surge threatened Japanese exporters and drove Tokyo shares down.

The severity of the U.S. financial crisis exposed investors' need to whittle down a dependence on dollar-denominated assets and diversify globally, two of Wall Street's most influential figures said on Sunday.

U.S. health-care firm Johnson & Johnson is in talks to cut the price of a $1.5 billion deal with Irish drugmaker Elan Corp , a source familiar with the negotiations said on Sunday.

A U.S. drone fired a missile at a Taliban vehicle in Pakistan's North Waziristan ethnic Pashtun tribal region on the Afghan border on Monday, killing at least four militants, Pakistani intelligence officials and residents said.

Russia has agreed to lend Venezuela over $2 billion to purchase tanks and advanced anti-aircraft missiles in deals that show Moscow's commitment to working closely with Washington-foe President Hugo Chavez.