Ford says to incur $600 million expense in 2015 from U.S. union pact

DETROIT Ford Motor Co said on Monday it will incur a $600 million expense this year tied to its new four-year contract with the United Auto Workers union in the United States.

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Tribune Publishing says not in talks to sell itself after Murdoch tweet

Tribune Publishing Co said it was not in talks or in the process of selling itself, after a tweet by News Corp's Rupert Murdoch on Friday that suggested Tribune's newspaper group would be sold.

Deals, Rupert Murdoch 9:44am EST

Nikkei seeks global digital powerhouse with $1.3 billion FT purchase

LONDON Nikkei Inc. will use its $1.3 billion purchase of the Financial Times to build a global digital powerhouse by using data to win new clients and by harnessing the British newspaper's skill at getting subscribers to pay for content, its chairman said.

9:30am EST

Global funds raise U.S. equity holdings, eye emerging markets for 2016 bounce

LONDON Global investors raised allocations to U.S. and British equities in November and lifted weightings of selected emerging market assets to multi-year highs as some managers positioned for a potential rebound in the sector.

7:05am EST

U.S. holiday sales on track amid online boost: NRF survey

U.S. holiday shopping is on track for a modest 3.7 percent rise this year after strong turnout during the Thanksgiving and Black Friday weekend and thanks to strong online sales, the National Retail Federation said on Sunday after releasing an annual consumer poll.

4:22am EST

BlackBerry delays Pakistan shutdown as talks on government access continue

ISLAMABAD BlackBerry Ltd will delay shutting down its operations in Pakistan until Dec. 30 as negotiations continue over government demands for access to users' private data, the company and the telecoms authority said on Monday.

5:38am EST


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