The Traderszone Network

Many analysts say China is poised to overtake the United States as Apple’s biggest market. Searching for signs of whether Apple can top its 2014 performance, investors were initially encouraged by the company’s remarks but later tempered their enthusiasm. Apple shares were up 0.7 percent in afternoon trading after rising as much as 2.3 percent earlier in the session.

Pratt & Whitney, a unit of United Technologies Corp (UTX.N), on Monday said it is working closely with suppliers to prepare for a large ramp-up in production in coming years of the F135 engine that powers the Lockheed Martin Corp (LMT.N) F-35 fighter jet. Bennett Croswell, who heads Pratt’s military engines division, said the company was seeking to ensure it had at least two suppliers for every major component, and was also carrying out production readiness reviews of key suppliers, and the companies that build parts for them.

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The current four-year hourly worker labor contract between General Motors Co and the United Auto Workers union was extended on Monday night beyond its midnight expiration, the company said. The UAW has …

Credit Suisse Group AG will pay more than $80 million to settle allegations that it did not disclose how it operated its dark pool private share trading exchange to clients, Bloomberg reported, citing …

Russia’s anti-monopoly agency said on Monday Google Inc (GOOGL.O) was abusing its market position in the country and would face penalties, in a case launched by local competitor Yandex (YNDX.O) (YNDX.MM). The FAS anti-monopoly body said Google had violated the law by pre-installing certain applications on mobile devices and could face penalties totaling up to 15 percent of its 2014 revenue in this part of the Russian market. It added Google must then pay and change its ways, or risk more fines if violations continue.

Deutsche Bank aims to cut roughly 23,000 jobs, or about one quarter of total staff, through layoffs mainly in technology activities and by spinning off its PostBank division, financial sources said on Monday. Cryan presented preliminary details of the plan to members of the supervisory board at the weekend. The bank unveiled a broad restructuring plan in April but co-chief executives Anshu Jain and Juergen Fitschen quit shortly afterwards, handing over its execution to Cryan.

Asian shares and the dollar inched higher on Tuesday but caution reigned after Wall Street skidded as investors awaited this week’s U.S. Federal Reserve policy decision.