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Asian shares rise as weak China data spurs stimulus bets

HONG KONG - Asian stocks bounced off lows on Monday and the Australian dollar pared early losses as weak China factory activity reinforced views that Beijing will roll out fresh support measures soon for the world's second-largest economy.

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Executives close to Charter reach out to Time Warner Cable on merger: WSJ

- Top executives close to Charter Communications Inc have reached out to management at Time Warner Cable Inc to discuss a possible merger of the cable operators, the Wall Street Journal reported on Sunday.

03 May 2015

McDonald's faces 'show me' moment with new CEO strategy

LOS ANGELES - McDonald's new Chief Executive Steve Easterbrook is set to unveil his plan on Monday to revive growth as the world's largest hamburger chain struggles to win back consumers and investors.

03 May 2015

Payrolls to test second quarter climate for Fed

LONDON - Always top of the data pile, this week will be no exception for the U.S. jobs report with a first interest rate rise likely this year despite a dramatic slowdown in the first quarter.

03 May 2015

China's Fosun offers $1.8 billion for 80 percent of U.S. insurer Ironshore

HONG KONG - Fosun International Ltd , an investment company controlled by Chinese billionaire Guo Guangchang, said it had offered to buy the 80 percent it does not already own in U.S. insurer Ironshore Inc for $1.8 billion.

03 May 2015

Detroit automakers face speed bumps as sales growth slows

DETROIT - Detroit's automakers, on track for their best sales year since 2006, may want to brace themselves for rockier times ahead.

03 May 2015

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