World stocks hit one-month low, focus on Fed

LONDON - Global shares slipped to a one-month low on Tuesday as markets braced for a Federal Reserve meeting, when investors will be looking for clues on whether the U.S. central bank could raise interest rates sooner than previously expected.

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Exclusive: U.S. safety chief raps GM's 'flawed' culture on recalls

- The top U.S. auto safety regulator harshly criticized General Motors Co for not promptly reporting and recalling cars now linked to at least 19 deaths and said he has been meeting with top global automakers to develop a "new normal" for safety recalls.

GM's Opel to scale back Russia operations as market falls

BERLIN - General Motors' Opel division will cut production in Russia and take steps to shrink its workforce as the carmaker reorganises business in the country due to falling demand.

4:35am EDT

Detroit reaches bankruptcy deal with fiercest creditor

DETROIT - Detroit on Monday officially settled with one of its fiercest creditors, removing a major hurdle for the city to exit its historic bankruptcy but possibly creating another delay in the trial on restructuring its $18 billion in debt and obligations.

Russia considers Rosneft request for help from state fund

MOSCOW - Sanctions-hit oil company Rosneft will be able to apply for money from a state wealth fund, Deputy Prime Minister Arkady Dvorkovich said on Tuesday, adding that the government had "on the whole" approved the company's investment program.

3:33am EDT

Venezuela airline crisis makes travelers ever more inventive

CARACAS - Buses across jungle borders, boats through Caribbean waters and private flights from small airfields have become a new norm for departing Venezuela as a multi-billion dollar pay dispute turns the country into something of a 'no-fly' zone.

2:46am EDT


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