NEW YORK (Reuters) - U.S. stock index futures declined on Tuesday, putting the S&P 500 on track to extend losses after suffering its biggest drop since Oct. 22 in the prior session on concerns about global growth.
LONDON (Reuters) - Brent crude oil hit a fresh five-year low on Tuesday before rebounding to near $67 a barrel, as some buyers emerged in the hope that prices are bottoming following a more than 40 percent slide since June.
(Reuters) - The Federal Reserve's vow to keep interest rates near zero for a "considerable time" is likely to remain in place for now, with the U.S. central bank set to take a slow and steady approach to its first rate rise in a decade.The pledge will be up for debate again when policymakers meet next week, with a strong jobs report bolstering the case of officials who want to remove it.
(Reuters) - AutoZone Inc , the second-largest U.S. auto parts retailer, reported a higher-than-expected quarterly profit, helped by lower gas prices and colder-than-usual weather that encouraged customers to ready their cars for a harsh winter.
LONDON (Reuters) - Lloyds Banking Group Plc risks rejection of its plans to pay a dividend for 2014 unless it performs strongly in a British test of its financial health, results of which are due to be published next Tuesday.
(Reuters) - Merck & Co Inc said it would buy Cubist Pharmaceuticals Inc for $8.4 billion plus assumption of debt, giving the major drugmaker an entry into the market for drugs that combat so-called superbugs.
FRANKFURT/BERLIN (Reuters) - In a surprise move, BMW said on Tuesday its long-time chief executive Norbert Reithofer would step down in May, one year early, and hand the reins of the Munich-based luxury carmaker to 49-year-old production chief Harald Krueger.