If Barack Obama were a corporate chief executive, the incoming US president already would be winning high marks for his management style, experts say.
Citigroup said it has no plans to sell its brokerage and investment banking units in Japan.
Hyundai and Kia, have been cutting production as a global recession hits auto demand worldwide.
Goldman may post a huge loss of $5.14 a share, while Morgan is likely to lose 46 cents a share.
China, which poured $5 bn into Morgan last year, is reluctant to plow more money in foreign banks.
Australia said it is open to a $5.9 bn merger between Qantas Airways and British Airways as long as it's not a takeover.
GM warned the govt that it needs a $4 bn by end of Dec or else it faces risk of immediate failure.
The New York Times Co will cut 530 jobs and take a charge of up to $53 million for closing its City & Suburban unit.
The World Bank approved a $149 million loan to Bangladesh to improve water supply and sanitation services in Dhaka.
Goldman Sachs Group Inc is in talks to provide hundreds of millions of dollars of funding to a large pharmaceutical company.
Japan is considering spending $107.4 bn over the next three years to support the job market.
India's trade with Arab League nations could top USD 100 billion in the next four years.
