General Motors is preparing to launch the world's first mass-produced cars with eye- and head-tracking technology that can tell whether drivers are distracted.» Read More
*Weak factory data in China, Europe stoke oil demand fears. NEW YORK, Sept 2- Brent crude oil futures fell to the lowest level in 16 months on Tuesday, pressured by the prospect of slowing oil demand growth in China and Europe, while a strong dollar and ample supplies pushed U.S. prices to a seven-month low.
LONDON— Experts say the seismic activity near the Bardarbunga volcano on Iceland is calming down while tall fountains of fire and lava continue to lick the air along a volcanic fissure, producing a huge plume of steam and gas.
LONDON, Sept 2- Lloyds Banking Group is considering having its registered office in London rather than Edinburgh should Scots vote for independence, banking industry sources told Reuters.
NEW YORK/ LONDON, Sept 2- Gold fell nearly 2 percent on Tuesday, on track for its biggest one-day drop since mid-July, as a combination of a dollar rally, technical selling and a crude oil tumble sent the bullion price to a 2-1/ 2 month low.
*Took place in Eastern Province where minority Shi'ites live. DUBAI/ RIYADH, Sept 2- A small fire broke out on a gas pipeline in eastern Saudi Arabia on Tuesday after assailants shot at a police patrol, security and oil industry sources said, in an incident that may heighten concern about the vulnerability of Saudi energy infrastructure.
*Weak factory data in China, Europe stoke oil demand fears. NEW YORK, Sept 2- Brent crude oil futures fell to the lowest level in 15 months on Tuesday, pressured by the prospect of slowing oil demand growth in China and Europe, while a strong dollar and ample supplies pressured U.S. prices.
The U.S. ambassador to Britain has told Tatler magazine that Britain's Queen Elizabeth II finds the obsession with mobile phone images a bit disconcerting. The monarch expressed her dismay to Matthew Barzun, who spoke with her when presenting his credentials as America's representative.
NEW YORK, Sept 2- The dollar jumped to its highest this year against the yen on Tuesday, lifted by strong U.S. economic data, while the euro slipped to a one-year low on speculation the European Central Bank will move toward looser monetary policy when it meets later this week.
Dollar General sweetens Family Dollar bid, may go hostile. Dollar General Corp raises its bid for Family Dollar Stores Inc to $9.1 billion, and warns it may turn hostile and appeal directly to shareholders if the new offer is rejected.
*Dollar breaks above 105 yen for first time since January. NEW YORK, Sept 2- The euro sagged on Tuesday to fresh one-year lows against the dollar on bets the European Central Bank will do more to help a wobbly euro zone economy, while the pound fell to a near five-month low versus the greenback on worries about a Scottish secession.
Ukraine might need billions in additional support if the fighting between the military and the separatists in the country's east persists through next year, the International Monetary Fund warned Tuesday.
*Europe shares edge higher after gains in Japan, China. Investors in Asia had been subdued, having been robbed of their usual U.S. lead-in overnight, but the mood in Europe had seemed brighter until fresh talk of sanctions on Russia and more soft producer prices data triggered a pullback.
A YouGov poll released Tuesday showed support for Scottish independence running at 47 percent. As a result, the' no' camp— those supporting the continuation of the 307- year union with England, Wales and Northern Ireland— only has a 6 percent lead in the poll. "A close finish looks likely, and a' yes' victory is now a real possibility," said Peter Kellner, YouGov's president.
BARCELONA, Sept 2- Though speculation is rife of a new Pfizer bid, AstraZeneca's chief executive is not holed up with advisers in London or New York. Strict British takeover rules limit what Soriot and other players can say about Pfizer's abortive attempt to buy AstraZeneca and the possibility of a resumption of talks.
*Britain eight months from election. LONDON, Sept 2- Britain's politicians and central bankers are watching one another even more closely than usual as the timing of a national election and a headline-making interest rate rise look set to converge.
*Weak factory data in China, Europe stoke oil demand fears. LONDON, Sept 2- Brent crude fell below $102 a barrel on Tuesday, pressured by worries about slowing oil demand growth in China and Europe, a strong U.S. dollar and ample supplies.
*Dollar touches 105 yen for first time since January. LONDON, Sept 2- The euro slumped to a fresh one-year low against a broadly strong dollar on Tuesday on persistent speculation that the European Central Bank will introduce more aggressive monetary easing.
LONDON, Sept 2- Zinc rose to a four-week high and aluminium neared an 18- month peak on Tuesday in markets driven by momentum-based speculators and computer-driven funds. Three-month zinc on the London Metal Exchange gained 1 percent to $2,380.50 a tonne by 1022 GMT, a high since Aug. 5.
*Weak factory data in China, Europe stoke oil demand fears. London, Sept 2- Brent crude dipped below $102 a barrel on Tuesday, pressured by worries about slowing oil demand growth in China and Europe, a strong U.S. dollar and ample supplies.
LONDON— Britain's Airport Commission has rejected a plan to build a four-runway airport in the Thames Estuary, describing it as more problematic and more expensive than other options.