WASHINGTON U.S. producer prices rose in November as gasoline prices surged and the cost of other goods increased, leading to the largest annual gain in nearly six years. | Video
NEW YORK Major U.S. and European stock indexes advanced on Tuesday, ahead of a meeting of U.S. Federal Reserve policymakers, while oil prices reached $65 per barrel earlier in the day for the first time since mid-2015.
WASHINGTON U.S. House Speaker Paul Ryan on Tuesday defended a one-page analysis by the Treasury Department that asserted a tax plan pushed by the Republican-led Congress would pay for itself in 10 years.
BRUSSELS The European Commission told U.S. Treasury Secretary Steven Mnuchin on Tuesday a planned tax overhaul in the United States could "seriously" hamper trade and investment flows across the Atlantic.
BUENOS AIRES The European Union, United States and Japan will issue a joint statement on Tuesday criticizing countries with too much factory capacity, though it will not directly name China, a major source of concern, EU Trade Commissioner Cecilia Malmstrom said.
BRUSSELS There is "no possibility" that Britain and the European Union can conclude a free trade agreement by the time Britain leaves in March 2019, EU Brexit negotiator Michel Barner said on Tuesday.
* SEPT-QUARTER PROFIT 800,000 RUPEES VERSUS LOSS 800,000 RUPEES YEAR AGO
Dec 12 Hong Kong stocks dropped on Tuesday, as index heavyweight Tencent slumped over 3 percent, and declines in other technology shares also weighed on sentiment.