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Investors look to earnings for market direction

NEW YORK - Investors attempting to determine whether U.S. equities will rebound from Friday's selloff or continue to sink will look to a deluge of earnings next week for a clearer picture of the economy.

Recent Business News

Volkswagen exploring new budget models for China: exec

SHANGHAI - Volkswagen is exploring the possibility of developing budget sports utility vehicles (SUVs) and multi-purpose vehicles (MPVs) in China in a bid to keep up with shifts in the market, its China chief executive, Jochem Heizmann, said on Sunday.

2:58am EDT

BMW recalls 91,800 Mini Coopers to fix air-bag sensor

WASHINGTON - BMW is recalling 91,800 Mini Coopers in the United States to replace a defective sensor that may prevent the front passenger seat air bag from deploying in a crash, the German automaker said on Saturday.

18 Apr 2015

IMF nations point to exchange rate, geopolitical risks

WASHINGTON - The International Monetary Fund's member nations on Saturday warned of risks to the global economy from exchange rate shifts and geopolitical tensions as they took note of "moderate" global growth and "uneven prospects."

18 Apr 2015

Taurus revamp debuts in China as Ford counters U.S. sedan slump

SHANGHAI/DETROIT - Ford Motor Co's global premiere of its redesigned Taurus sedan in China underscores a shift in its U.S. home market from the big sedan to roomier, utilitarian crossover SUVs.

18 Apr 2015

Russia denies German report it is ready to sign gas deal with Greece

MOSCOW/BERLIN - Russia denied on Saturday a German media report suggesting that it could sign a gas pipeline deal with Greece as early as Tuesday which could bring up to five billion euros into Athens' depleted state coffers.

18 Apr 2015

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