NEW YORK (Reuters) - U.S. stock index futures pointed to a modestly higher open on Tuesday, with the benchmark S&P 500 index set to continue a rally fueled by hopes of a deal on Greek debt and by firmer oil prices.
(Reuters) - McGraw Hill Financial Inc and its Standard & Poor Ratings Services unit have reached a $1.38 billion settlement with the U.S. government and several states over ratings of mortgage-backed securities that went sour in the runup to the 2008 financial crisis.
LONDON (Reuters) - BP said it would deepen capital investment cuts this year to adapt to lower oil prices after a surprise contribution from its stake in Russia's firm Rosneft helped it to beat quarterly profit forecasts.
(Reuters) - Amazon.com Inc and Sprint Corp are considering acquiring some RadioShack stores after the troubled electronics retailer files for bankruptcy, Bloomberg reported, citing people with knowledge of the discussions.
LONDON (Reuters) - Oil rose more on Tuesday as BP said it will reduce capital expenditure, adding to cuts in investment in the sector and expectations that output will suffer and start to drain a glut.
HOUSTON (Reuters) - At tense meetings just days before the first major U.S. refinery strike in 35 years was called on Sunday, union leaders grew increasingly pessimistic about getting a new labor contract and a sizable wage increase.
BEIJING (Reuters) - Lenovo Group Ltd, the world's leading PC maker, said on Tuesday its third-quarter revenue rose 31 percent to $14.1 billion, beating investor expectations, as its mobile division sales more than doubled following its acquisition of Motorola.