Asia stocks rise as weak U.S. jobs dampen prospects of near-term Fed hike

TOKYO - Asian stocks rose early on Monday after prospects of a near-term interest rate hike by the Federal Reserve ebbed in the wake of Friday's weaker-than-expected U.S. employment data.

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Merkel says VW scandal has not hurt Germany's reputation as good place for business

BERLIN - German Chancellor Angela Merkel told a German radio station that the emissions scandal around German carmaker Volkswagen was "drastic" but the damage was not so great that Germany was no longer deemed a good place to do business.

Global regulators finalize new capital rule for big insurers

LONDON - The world's nine biggest insurance companies will have to hold more capital under new rules just finalised by global regulators that aim to prevent taxpayer bailouts of the industry in a crisis.

Exclusive: Lockheed Martin mulls merger of some services units with peer - sources

- Lockheed Martin Corp is exploring merging some of its information technology and services businesses, with a value of about $4 billion, with another government services contractor, people familiar with the matter said on Friday.

02 Oct 2015

Exclusive: TPP would include auto market opening for Japan - source

ATLANTA - A U.S.-Japan agreement on autos trade as part of a sweeping Pacific Rim trade deal would have its own dispute settlement mechanism, including penalties, if Japan does not open its market enough to U.S. vehicles, a source close to the negotiations said on Friday.

02 Oct 2015

Rolls-Royce to cut 400 marine division jobs: FT

- Rolls-Royce Holdings PLC may announce a reduction of 400 management jobs in its marine division this week, the Financial Times reported, citing people familiar with the matter.

4:44pm EDT


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