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  • DETROIT, June 2- Retiring United Auto Workers President Bob King said in his farewell address on Monday said that if the union is to regain the power it once had it will have to make itself a global player, including organizing foreign automakers in the United States.

  • TOKYO, June 2- Japanese insurer Dai-ichi Life Co is in advanced talks to buy U.S. peer Protective Life Corp in a deal that could be worth over $5 billion, extending a drive to buy assets abroad as an antidote to a weak domestic outlook.

  • TOKYO, June 2- Japan's Nikkei share average climbed to a two-month closing high on Monday after strong Chinese factory data lifted sentiment. But Dai-ichi Life Insurance Co Ltd tumbled on news that it is in talks to buy a U.S. life insurance company, with investors wondering how the company would fund the acquisition.

  • TOKYO, June 2- Japanese insurer Dai-ichi Life Co is in advanced talks to buy Protective Life Corp of the United States in a deal that could be worth over $5 billion, a source with direct knowledge of the matter said on Monday.

  • TOKYO, June 2- Japanese insurer Dai-ichi Life Co is considering the possibility of issuing shares to raise funds if it successfully concludes advanced talks to buy Protective Life Corp of the United States, a source with direct knowledge of the matter said.

  • TOKYO, June 2- Japan's Nikkei share average climbed to an eight-week high after strong Chinese factory data and rising Japanese corporate spending lifted sentiment. But Dai-ichi Life Insurance Co Ltd tumbled on news that it is in talks to buy a U.S. life insurance company, with investors wondering how the company would fund the acquisition.

  • *Acquisition likely to be worth over $5 billion. TOKYO, June 2- Japanese insurer Dai-ichi Life Co is in advanced talks to buy Protective Life Corp of the United States, a source with direct knowledge of the matter said, in a deal likely to be worth over $5 billion, the biggest acquisition by a Japanese insurer.

  • King, 67, said the UAW remains actively involved in talks with Volkswagen AG about representing workers at a Chattanooga, Tennessee, plant, where the union lost a close vote in February despite having tacit support from VW.

  • *Brent rises above $109, Libya oil recovery short-lived. NEW YORK, May 16- Global equity markets turned higher late on Friday after being down most of the session on concerns about economic growth, while government debt prices fell on surprisingly strong U.S. housing data.

  • *J.C. Penney, Nordstrom soar a day after results. NEW YORK, May 16- U.S. stocks slipped on Friday, trimming some of their earlier declines after some positive earnings, though investors remained wary of lingering weakness in small-cap names.

  • *Cisco falls 1 percent, weighs on the Nasdaq. NEW YORK, May 13- The Dow and the S&P 500 eked out record closing highs again on Tuesday, while the Nasdaq resumed its recent slide, dragged down by shares of Cisco.

  • *S&P sets new record despite soft data. *Key Europe index closes at 6- year high, buoyed by results. NEW YORK, May 13- U.S. stocks ended flat on Tuesday as the benchmark S&P 500 retreated after climbing over the 1,900 mark, while an index of European shares ended at a six-year high on solid corporate earnings and bets of more European Central Bank stimulus.

  • AMMAN, May 12- IMF chief Christine Lagarde urged Arab countries going through democratic change to phase out costly subsidy systems on Monday, but drew a cautious response from regional finance ministers wary of the social impact of such steps.

  • DETROIT, May 9- Hyundai Motor Co will introduce a new version of its Tucson next year and believes it can double U.S. sales of the crossover utility vehicle thanks to greater availability from South Korea, a top executive said.

  • May 1- Alpha Natural Resources Inc and Walter Energy Inc cut their production forecast for metallurgical coal, joining rival U.S. coal miners in tightening supply in a bid to drive up prices.

  • NEW YORK, April 30- A CSX Corp train carrying crude oil derailed and burst into flames in downtown Lynchburg, Virginia, on Wednesday, spilling oil into the James River and forcing hundreds to evacuate. In its second oil-train accident this year, CSX said 15 cars of a train traveling from Chicago to Virginia derailed at 2:30 p.m. EDT.

  • NEW YORK, April 30- A CSX Corp train carrying crude oil derailed and burst into flames in downtown Lynchburg, Virginia on Wednesday, spilling oil into the James River and forcing hundreds to evacuate. CSX said 15 cars on a train traveling from Chicago to Virginia derailed at 2:30 p.m. EDT.

  • NEW YORK, April 30- A CSX Corp train carrying crude oil derailed and burst into flames in downtown Lynchburg, Virginia on Wednesday, spilling oil into the James River and forcing hundreds to evacuate. In its second oil-train accident this year, CSX said 15 cars on a train traveling from Chicago to Virginia derailed at 2:30 p.m. EDT.

  • NEW YORK, April 30- A CSX Corp train carrying crude oil derailed and burst into flames in downtown Lynchburg, Virginia on Wednesday, spilling oil into the James River and forcing the evacuation of hundreds. CSX said 15 cars derailed at 2:30 p.m. EDT on a train traveling from Chicago to Virginia.

  • April 30- International Paper Co posted a higher-than-expected quarterly profit on Wednesday due to rising North American demand for its corrugated shipping boxes. IP, which has a large joint venture in Siberia, is closely monitoring the tension between Russia and the Ukraine, but so far has taken no action.