BEIJING (Reuters) - The ceiling on foreign investment in Chinese securities will be raised to $30 billion from $10 billion, Beijing's foreign exchange regulator said on Sunday ahead of cabinet-level talks with the United States.
WASHINGTON (Reuters) - U.S. employers added 94,000 jobs in November and the unemployment rate held steady, the government said on Friday in a report suggesting the U.S. economy was slowing, but not tumbling into recession.
NEW YORK (Reuters) - JPMorgan Chase & Co , the third-largest U.S. bank, avoided most of the losses suffered by other investment banks and its growth could now "really accelerate," weekly financial publication Barron's reported on Sunday.
WASHINGTON (Reuters) - Steady U.S. hiring points to economic resilience that will let the Federal Reserve cut interest rates by a restrained quarter-percentage point on Tuesday rather than a more aggressive half point.
NEW YORK (Reuters) - Analysts see Allstate Corp , the largest publicly traded home insurer in the United States, as an undervalued opportunity, based its low share price compared to its earnings, Barron's reported on Sunday.
LONDON/NEW YORK (Reuters) - Rupert Murdoch's younger son James is to return to News Corp to head its Asian and European operations cementing his position to eventually take over the global media empire.
JOHANNESBURG (Reuters) - South African investment banking and asset management group Investec is preparing to sell its British sub-prime mortgage lender Kensington to U.S. investment bank Goldman Sachs , a South African newspaper reported on Sunday.
DETROIT (Reuters) - Chrysler LLC said on Friday it would recall 575,417 vehicles as long-term wear on the gear shift assembly could cause them to shift out of park without the key in the ignition.
LONDON (Reuters) - Brazilian miner Vale , formerly known as CVRD, has hired bankers to consider a bid for UK-listed rival Xstrata possibly worth more than 38 billion pounds ($77 billion), UK newspapers said on Saturday.
LONDON (Reuters) - Investment bank Morgan Stanley has appointed Jonathan Powell, a chief of staff for former British Prime Minister Tony Blair, to boost its European arm.
