The Government of Singapore Investment Corp. has reduced its exposure in developed markets and cut its holdings in equities and bonds, as global uncertainties continue to weigh on the sovereign-wealth fund's investment strategy.

Caltex Australia Ltd. (CTX.AU) said Tuesday it will raise A$300 million from a hybrid note issue and shrink the proportion of profit it pays in dividends to help fund the closure of its Kurnell oil refinery in Sydney.

The U.S. Commerce Department again responded favorably Monday to Whirlpool Corp.'s (WHR) request for relief from imported washing machines by setting antidumping duties on residential washers from South Korea and Mexico.

Brazilian steelmaker Usinas Siderurgicas de Minas Gerais SA (USZNY, USIM5.BR), or Usiminas, reported a second-quarter net loss of 87 million Brazilian reais ($42.87 million), the company said Monday.

Humana Inc. (HUM) reported weaker second-quarter earnings, pressured by a recent legal settlement, while cutting its full-year forecast because of high costs for both new and existing customers on Medicare plans.

Struggling grocery store operator Supervalu Inc. (SVU) dismissed Chief Executive Craig R.

The Government of Singapore Investment Corp. said Tuesday its average rate of return for the fiscal year ended in March was unchanged from the previous year, but warned investment returns are likely to remain low given uncertainty surrounding the global economy.

The Alabama county and Wall Street creditors are finally in talks on possible workout.

U.K. soccer club Manchester United said its IPO plans to raise as much as $167 million in its IPO, according to documents filed Monday with the Securities and Exchange Commission.

Brazilian steelmaker Usinas Siderurgicas de Minas Gerais SA (USIM5.BR, USZNY), or Usiminas, reported a second quarter net loss of 87 million Brazilian reais ($42.87 million), reversing its gain of BRL157 million in the year-earlier period, the company said Monday.