Oil futures fall as Venezuela says no output cut from Tues meeting
(Reuters) – Crude oil futures extended their losses on Tuesday after Venezuela said officials at a meeting with Saudi Arabia’s oil minister did not agree on any output cut.
U.S. regulators close probes into about 600,000 Ford, GM vehicles
DETROIT (Reuters) – U.S. safety regulators have closed investigations into about 500,000 Ford Motor Co and about 100,000 General Motors Co vehicles without calling for recalls, the National Highway Traffic Safety Administration said on Tuesday.
Wal-Mart chief merchandiser departs just before Black Friday: memo
(Reuters) – Wal-Mart Stores Inc Chief Merchandising Officer Duncan Mac Naughton has decided to leave the retailer to pursue new opportunities, according to a company memo provided to media.
U.S. consumer confidence falls in November to lowest since June
(Reuters) – U.S. consumer confidence fell in November to its lowest level since June as optimism waned in the short-term outlook for business conditions and jobs, according to a private sector report released on Tuesday.
Campbell profit beats estimates as soup sales improve
(Reuters) – Campbell Soup Co reported a better-than-expected quarterly profit as soup sales in the United States rose for only the second time in five quarters.
China won’t consider more rate cuts or easing until fourth quarter data out: official
BEIJING (Reuters) – China’s central bank will wait until fourth-quarter economic data is out and monitor U.S. and Japanese monetary policy before considering any more rate cuts or easing, a central bank adviser said on Tuesday.
Russian oil tsar to meet OPEC as Saudis keep market guessing
VIENNA (Reuters) – Russia’s most powerful oil official, Igor Sechin, was due in Vienna on Tuesday for talks with OPEC members as the group’s leader Saudi Arabia kept the market guessing about its response to flagging oil prices.
India, U.S. hold first trade dialogue in four years
NEW DELHI (Reuters) – The United States and India held their first round of formal trade talks in four years on Tuesday, seeking to capitalize on the resolution of a global trade dispute to repair a dialogue that had fallen into neglect.
Bank of Japan’s Kuroda resolute in fight against deflation, says ready to ease more
NAGOYA/TOKYO, Japan (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Tuesday stressed the bank’s readiness to expand stimulus further to meet its price goal, a message that was partially echoed by an European Central Bank policymaker as the euro z…
OECD sees gradual world recovery, urges ECB to do more
PARIS (Reuters) – The global economy will gradually improve over the next two years but Japan will grow less than previously expected while the euro zone struggles with stagnation and an increased deflation risk, the OECD said on Tuesday.
