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Caterpillar, one of the many U.S. corporations to report stellar earnings recently

Caterpillar Remains Cautious as Earnings Soar

Caterpillar Inc far exceeded analyst expectations on Monday, reporting a 44 percent quarterly earnings increase due to record revenue, and the company signaled tempered optimism in its 2012 outlook.
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'Magic Tree House' Film Premieres in Japan

The Magic Tree House books have whisked millions of readers on adventures to everywhere from ancient Egypt to feudal Japan. Now, the children's time-travel series is embarking on a new destination: the movie theater.
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Brent, U.S. Oil up on China PMI Data, EU Optimism

Brent crude oil rose above $110 a barrel on Monday after stronger Chinese manufacturing data suggested China's economy may not be in as much danger as feared, supporting fuel consumption and outweighing fears over weak European data.
(L to R) European Commission President Jose Manuel Barroso (L), Germany's Chancellor Angela Merkel (C) and European Central Bank President Jean-Claude Trichet (R)

China Pushes EU to Reach Debt Deal Without Delay

China urged the European Union on Monday to deal with its debt crisis as soon as possible and prevent contagion from spreading, as the country's number four-ranked leader arrived for a visit of the continent, including Greece.
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China Urges EU to Reach Debt Deal Without Delay

China urged the European Union on Monday to deal with its debt crisis as soon as possible and prevent contagion from spreading, as the country's number four-ranked leader arrived for a visit of the continent, including Greece.
Traders work on the floor of the New York Stock Exchange

U.S. Stock Futures Signal More Gains for Equities

Stock futures pointed to a higher open for equities on Wall Street on Monday, building on sharp gains in the previous session, with futures for the S&P 500, Dow Jones and Nasdaq 100 up 0.4 to 0.5 percent.
A man walks past a stock quotation board outside a brokerage in Tokyo

Hope for Euro Deal, China Growth Spur Stocks

World stocks put in solid gains on Monday as investors bet on a positive outcome to the euro zone crisis talks and took comfort from signs that China's economy may not be in as much danger as feared.
BSE Sensex rises tracking Asia

Sensex rises 1.9 pct; RIL, Banks Lead

The BSE Sensex rose as much as 1.9 percent on Monday, with index heavyweight Reliance Industries and banking stocks leading the gains, as investors grew optimistic about renewed efforts by European leaders to limit the region's debt crisis.
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China Inflation Seen Below 5 Percent by November: Report

China's consumer inflation is likely to ease below 5 percent by November and December, a senior official at the country's economic planner said in remarks published on Monday, raising hopes Beijing can contain prices that have held near three-year highs.
Death toll rises over 200 in Turkey quake: minister

More than 100 dead after Turkey earthquake

More than 100 people were confirmed killed and hundreds more feared dead Sunday when a powerful earthquake hit southeast Turkey, flattening buildings and leaving survivors crying for help from under the rubble.
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EU leaders eye guarantees for banks

European Union leaders piled pressure on Italy on Sunday to speed up economic reforms to avoid a Greece-style meltdown as they began a crucial two-leg summit called to rescue the euro zone from a deepening sovereign debt crisis.
China Southern Airlines Gets the First A380 in the Country

China Southern Airlines Gets Its First A380 Aircraft

European aircraft manufacturer Airbus recently delivered the first of five A380s ordered by China Southern Airlines. The airline became the first in China and the seventh in the world to take delivery of the model.

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