SAN FRANCISCO— Google's secretive research laboratory is trying to build a fleet of drones designed to bypass earthbound traffic so packages can be delivered to people more quickly.» Read More
DETROIT, March 3- Chrysler Group and Nissan Motor Co each posted double-digit gains in U.S. A poll of 34 analysts by Thomson Reuters showed expectations that overall U.S. sales would be flat with a year earlier.
WASHINGTON, March 3- U.S. consumer spending rose more than expected in January as outlays on services recorded their largest increase since late 2001, likely driven by demand for heating. The Commerce Department said on Monday consumer spending increased 0.4 percent after advancing by a revised 0.1 percent in December.
*Gold stocks rise, tracking the metal's price move. NEW YORK, March 3- U.S. stocks were set to open sharply lower on Monday, alongside other risk assets, as Ukraine and Russia prepared for war after Russian President Vladimir Putin declared he had the right to invade his neighbor.
March 3- Darden Restaurants Inc said it would proceed with its plan to spin off or sell its Red Lobster chain, rebuffing two activist investment firms that had urged the company to take other actions to boost results, including selling real estate.
March 3- A federal grand jury is probing Citigroup Inc, including its Banamex USA affiliate, over compliance with the U.S. The criminal probe follows other problems that have surfaced with Banamex, which operates Citigroup's largest single consumer bank outside of the U.S. and has been portrayed by the company as a model of its global strategy.
KIEV, March 3- Ukraine, one of the world's largest grain exporters, will do everything it can to make sure political turmoil does not reduce spring grains sowing, the country's new agriculture minister said.
*Germany has close economic and energy ties to Russia. BERLIN, March 3- Heavily dependent on Russian gas and closer to Moscow than any other leading western nation, Germany faces a major policy dilemma as the Ukraine crisis descends into a Cold War-style confrontation of tit-for-tat threats and ultimatums.
March 3- Goldman Sachs Group Inc named Peter Oppenheimer, the chief financial officer of Apple Inc, as an independent director. Oppenheimer's appointment expands Goldman's board to 13, of whom 10 are independent.
NEW YORK, March 3- U.S. manufacturing activity accelerated in February, rising more than expected to its highest since May 2010, an industry report showed on Monday. The new orders component rose to 59.6 from 53.9, above the preliminary read of 58.8 and the highest read for the subindex since April 2010.
LONDON, March 3- The White House could lift. the ban on U.S. oil exports in stages, according to an analysis of past presidential decisions prepared for Senator Lisa Murkowski, the highest-ranking Republican on the Energy and Natural Resources Committee. The president could act alone without needing fresh legislation from a sharply divided Congress.
WASHINGTON, March 3- U.S. consumer spending rose more than expected in January, likely as chilly weather boosted demand for heating. The Commerce Department said on Monday consumer spending increased 0.4 percent after advancing by a revised 0.1 percent in December. Spending was previously reported to have gained 0.4 percent in December.
This rate change applies to eligible FedEx Freight shipments within the United States, between the U.S. and Canada, within Canada, between the U.S. and Mexico, and within Mexico, FedEx said.
NEW DELHI, March 3- India's defence ministry said on Monday it had ordered an investigation into state-run Hindustan Aeronautics Ltd's orders from Britain's Rolls-Royce Holdings worth at least $1.2 billion.
March 3- A federal grand jury is probing Citigroup Inc, including its Banamex USA affiliate, over compliance with the U.S. The company also said Banamex USA had received a subpoena from the U.S. Federal Deposit Insurance Corp..
DETROIT, March 3- Nissan Motor Co said on Monday that its U.S. Nissan had its best February in the U.S. market on record, selling 115,600 vehicles. Fred Diaz, Nissan's senior vice president for U.S. sales, said February was the 11th month in the last 12 that the company set U.S. sales records.
MARKET CAPITALISATION OF RUSSIAN MICEX INDEX DOWN $58.4 BLN SINCE FRIDAY CLOSE- MICEX.
FRANKFURT, March 3- Carmakers are tapping smartphone technology to spruce up low-cost city cars and try to get an edge in a market that has grown to account for almost 10 percent of new car sales in austerity-scarred Europe.
But booming sales of aircraft, far from being a bonanza for suppliers, are spurring brutal competition between Airbus Group NV and Boeing Co, which are demanding better deals from the companies that make billions of parts the factories need.
March 3- Civil unrest in Ukraine has put pressure on its banks which could need liquidity and capital support due to falling deposits, a high level of non-performing loans and a depreciating currency.
LONDON, March 3- British manufacturing strengthened last month and mortgage approvals hit their highest level in January since November 2007, data showed on Monday, underlining the momentum behind the country's economic recovery.