Wall Street signaled skepticism on Monday that AT&T would secure the government approvals needed to carry out its planned $85.4 billion acquisition of Time Warner, with shares of both companies falling as analysts scrutinized the deal.
Caterpillar Inc., the biggest maker of construction and mining equipment, cut its 2016 revenue forecast and said next year won't be much different as companies defer purchases amid sluggish growth and low commodity price expectations.
Cars are seen on display inside the General Motors Corp world headquarters in downtown in Detroit, May 28, 2009. REUTERS/Mark Blinch/File Photo.
A worker controls a tapping of a blast furnace at Europe's largest steel factory of Germany's industrial conglomerate ThyssenKrupp AG in the western German city of Duisburg in this December 6, 2012 file photo.
South Korea's economic growth is expected to hit the central bank's 2.7% forecast this year, with third quarter GDP data showing the economy would have grown faster were it not for the setbacks suffered by Samsung Electronics ssnlf and Hyundai Motor ...