WASHINGTON, Nov 25 (Reuters) - U.S. economic growth was far stronger than initially thought in the third quarter, pointing to strengthening fundamentals that should support the economy for the rest of the year.
PARIS (Reuters) - The global economy will gradually improve over the next two years but Japan will grow less than previously expected while the euro zone struggles with stagnation and an increased deflation risk, the OECD said on Tuesday.
NEW YORK (Reuters) - U.S. stock index futures pointed to a higher open on Tuesday, indicating major indexes would push even further into record territory, following a reading on economic growth that was much stronger than expected.
BEIJING (Reuters) - China's central bank will wait until fourth-quarter economic data is out and monitor U.S. and Japanese monetary policy before considering any more rate cuts or easing, a central bank adviser said on Tuesday.
VIENNA (Reuters) - Russia's most powerful oil official, Igor Sechin, was due in Vienna on Tuesday for talks with OPEC members as the group's leader Saudi Arabia kept the market guessing about its response to flagging oil prices.
NAGOYA/TOKYO, Japan (Reuters) - Bank of Japan Governor Haruhiko Kuroda on Tuesday stressed the bank's readiness to expand stimulus further to meet its price goal, a message that was partially echoed by an European Central Bank policymaker as the euro zone economy battles to lift off.
(Reuters) - China's barriers to imports of some U.S. genetically modified crops are disrupting seed companies' plans for new product launches and keeping at least one variety out of the U.S. market altogether.
LONDON/WASHINGTON (Reuters) - U.S. prosecutors will travel to London in the coming weeks to interview traders about currency market manipulation, the latest sign that authorities are closer to filing criminal charges stemming from the long-running probe, sources told Reuters.
SEOUL (Reuters) - U.S. automotive parts maker Visteon Corp was in talks to sell a controlling stake in its South Korean unit Halla Visteon Climate Control Corp to a local private equity firm, Halla Visteon said in a regulatory filing on Tuesday.
LONDON (Reuters) - Scott Wotherspoon runs a small tiling firm in Scotland. In 2008, when he bought a shopfitting company, he asked his accountants to check its books. There was no problem with the shopfitter. But Wotherspoon was about to run into trouble with his bank.