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U.S. economic activity was below-trend in August, according to data released Monday.
Tesco cut its profit forecast for the third time in two months Monday and suspended four staff members after finding a major fault in its accounts.
Airbus Group NV plans to begin flight trials of its most successful new plane this week.
German engineering company Siemens AG announced a deal to acquire U.S. oil-equipment maker Dresser-Rand for $7.6 billion.
Alibaba Group Holding Ltd. said Monday that the underwriters of its initial public offering have exercised the option to purchase an additional 48 million American depositary shares from the company and certain selling shareholders.
RadioShack and some of its largest creditors have held talks with a major vendor, seeking potential changes in their relationship that would could be helpful if the troubled consumer electronics retailer pursued a financial restructuring, RadioShack disclosed in a regulatory filing Monday.
German drug company Merck says it has agreed to buy St. Louis-based chemical firm Sigma-Aldrich Corp. for $17 billion.
Global Equities Research on Monday raised its price target on Apple Inc. to $130 from $115, and said innovation will drive growth at the company for many years.
The National Association of Realtors reports on sales of existing homes in August on Monday, and economists expect sales came in at a seasonally adjusted annual rate of 5.18 million.
Softbank Corp. said Saturday its April-September results will include a special gain of about 500 billion yen ($4.55 billion) from receipts in Alibaba Group Holding Ltd. , the Nikkei Asian Review reported.
E-commerce company Alibaba Group's bankers are reportedly exercising their option to sell more shares, Dow Jones Newswires reported Sunday, citing unnamed sources familiar with the matter.
General Motors Co. announced a recall of 221,000 new cars worldwide over a fault with braking that could cause excessive heat and poor performance.
ExxonMobil announced on Friday it is winding down its drilling campaign in the Russian Arctic, due to sanctions announced by the U.S. and EU this month.
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A U.S. appeals court on Friday dismissed an appeal by Citigroup and Argentina of a judge's order blocking the bank from processing payments on $8.4 billion in bonds issued under the country's local laws following its 2002 default.
Caterpillar said Friday that sales of its heavy machinery fell 10 percent in August on weaker results outside of North America.
Procter & Gamble is canceling an on-field breast cancer awareness promotion it had been planning with the National Football League, the latest sponsor to respond to the NFL's growing problems.
Fitch Ratings Inc. affirmed its Triple-A rating for the U.S., citing the nation's "unparalleled financing flexibility as the issuer of the world's pre-eminent reserve currency and benchmark fixed-income asset, and as home to the world's deepest and most liquid capital markets."
U.S. markets were mostly down on Friday, following the much anticipated Alibaba IPO, which saw shares of the Chinese e-commerce giant jump over 38% in its first day of trading. Markets had gained earlier after Scotland’s vote to remain part of the UK alleviated some volatility concerns, but slid lower in afternoon trading.
U.S. crude oil and Brent traded in opposite directions on Friday as a sell-off ahead of Monday's expiration kept U.S. prices down, while discussions of OPEC cutting output put strength into the market overseas.