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Wavering risk appetite after Manchester blast weighs on sterling, Asia stocks, lifts yen

SINGAPORE Sterling slipped on Tuesday after a suspected suicide attack killed at least 22 people and wounded 59 at a pop concert in the English city of Manchester, while the euro held gains made after German Chancellor Angela Merkel said it was "too weak".

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Apple and Nokia settle patent dispute and sign new deal

HELSINKI Nokia has settled its legal battle with Apple with a new patent license agreement and also signed a business deal with the U.S. giant, surprising investors who had expected the dispute to drag on.

5:05am EDT

GM to cut 600 South Africa jobs by July as it pulls out of country

CAPE TOWN South Africa's top manufacturing union NUMSA said late Monday that 600 workers out of 1,500 at General Motors SA will lose their jobs by July after a decision last week by the car maker to sell its local operations.

3:22am EDT

Exclusive: U.S., Japanese firms collaborating on new missile defense radars - sources

TOKYO Raytheon Co and Lockheed Martin Corp are working with Japanese partners on rival projects to develop new radars that will enhance Japan's shield against any North Korean missile strike, government and defense industry sources in Tokyo told Reuters.

Trial over RBS 2008 cash call faces further delay amid settlement talks

LONDON A trial in which Royal Bank of Scotland is accused by investors of misleading them over its 2008 fundraising is set to be delayed for a second day, as frantic settlement talks between the claimants and the bank continued in London on Tuesday.

3:32am EDT

Apple in talks to expand India production capacity: minister

NEW DELHI Apple Inc wants to expand its contract manufacturer's facility in the southern Indian tech hub of Bengaluru, a federal minister said on Tuesday, as the iPhone maker seeks a bigger share in one of the world's biggest smartphone markets.

4:20am EDT

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