BEIJING (Reuters) - The International Monetary Fund lowered its forecast for global economic growth in 2015, and called on Tuesday for governments and central banks to pursue accommodative monetary policies and structural reforms to support growth.
(Reuters) - Morgan Stanley's adjusted quarterly earnings fell short of market expectations as unexpected market swings in December hit its division that trades bonds, currencies and commodities and the bank deferred fewer bonus payments.
NEW YORK (Reuters) - U.S. stock index futures pointed to a higher open on Tuesday as lower growth forecasts from the International Monetary Fund spurred hopes that central banks would take more aggressive policy stances to accelerate economic improvement.
(Reuters) - Johnson & Johnson reported a slightly better-than-expected quarterly profit as surging sales of new drugs and mainstay older brands offset weak demand for medical devices and consumer healthcare products.
London (Reuters) - Brent crude oil prices steadied around $49 a barrel on Tuesday after the International Monetary Fund cut its forecast for global economic growth in 2015 implying lower demand for fuel.
(Reuters) - General Motors Co has received 108 claims for compensation for ignition switch defects in its cars in the past week, bringing the total to 2,818, according to the official administering the compensation program.
BEIJING/SHANGHAI (Reuters) - China's economy grew at its slowest pace in 24 years in 2014 as property prices cooled and companies and local governments struggled under heavy debt burdens, keeping pressure on Beijing to take aggressive steps to avoid a sharper downturn.
NEW ORLEANS (Reuters) - BP Plc will try to whittle away at $13.7 billion in potential fines under the Clean Water Act as the penalty phase starts on Tuesday in its trial over the 2010 Gulf of Mexico oil spill.