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Futures drop on concerns over Europe

NEW YORK - U.S. stock index futures dipped on Monday after a victory by the leftist Syriza party in Greece raised concerns about new instability in the euro zone.

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Reinsurers Axis Capital, PartnerRe to merge in $11 billion deal

- Axis Capital Holdings Ltd and PartnerRe Ltd have agreed to an $11 billion merger to create one of the world's largest reinsurers, PartnerRe said on Sunday.

5:52am EST

Samsung Electronics to be main chip supplier for next iPhone: South Korea paper

SEOUL - South Korea's Samsung Electronics Co Ltd will be the main supplier of processors powering Apple Inc's next iPhone, Maeil Business Newspaper reported on Monday, citing unidentified sources in the semiconductor industry.

5:31am EST

China trainmakers CNR, CSR clinch $7.3 billion in deals

SHANGHAI - China CNR Corp Ltd and CSR Corp , China's two top trainmakers, recently signed deals worth 45.41 billion yuan ($7.26 billion) with Chinese and foreign firms.

5:16am EST

Hong Kong tycoon's M&A spree promises bumper year for Asia banks

HONG KONG - Li Ka-shing's hectic start to 2015 has meant record Asia M&A, loan and equity deals so far this month - good news for investment bankers close to the 86-year-old Hong Kong tycoon's empire.

Deals, China 25 Jan 2015

Venezuela's currency woes an increasing threat to U.S. corporate profits

- Venezuela's deepening economic troubles, and in particular the weakness of the bolivar and restrictive currency controls, have hurt U.S. corporate profits for the fourth quarter of 2014 and are set to inflict further pain this year.

24 Jan 2015

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