BUSINESS

Most of the European markets fell Tuesday as investors remained cautious waiting for the euro zone policymakers to come up with stimulus measures to rejuvenate the faltering economy.

India's economy likely remained in its deepest slump for nine years in the quarter ending in June, but high inflation and polarized politics leave the country's leaders with limited scope to crank up growth.

After its decisive win over Samsung in the patent trial Friday, Apple has formally filed a notice with the District Court in California, San Jose Division.

Reliance Industries will close down a diesel hydrotreater at its 660,000 barrels per day (bpd) Jamnagar refinery in Gujarat for routine maintenance from Tuesday for about two and a half weeks.

Risk assets fell Tuesday with the investors awaiting an announcement of some monetary easing measures by the Fed at the meeting of central bankers and economists at Jackson Hole, Wyoming, later in the week.

Apple Inc is seeking speedy bans on the sale of eight Samsung Electronics phones, moving swiftly to translate its resounding court victory over its arch-foe into a tangible business benefit.

The top after-market NYSE gainers Monday were Brown Shoe Co, Molycorp, PVH Corp, Nam Tai Electronics and Fibria Celulose. The top after-market NYSE losers were STMicroelectronics, New America High Income Fund, Rogers Communication, Gol Linhas Aereas Inteligentes and AK Steel Holding Corp.

India and China pressed each other for greater market access for their products from medicines to Bollywood films at a meeting of trade ministers on Monday, seeking to expand commercial ties between the Asian giants as they battle a global downturn.

Most of the Asian markets fell Monday as investor concerns of the weakening global economic condition were revived as Japan's government lowered its assessment of the country's economy.

Markets from stocks to currencies were caught in ranges Tuesday as investors waited for a gathering of central bankers and economists at Jackson Hole, Wyo., later in the week for clues over the Federal Reserve's potential easing options.

Beijing's monthly vehicle registration lottery broke a new record with over one million applicants competing for less than 20,000 permits in August.

Over the next eight years, the population in the narrow band of land will increase by half a million people to 2.1 million

The Romneys love Costco, whose co-founder is a major backer of Barack Obama. The political leanings top executives gives no credence to the idea one party is the party of big business.

Facebook Inc. (Nasdaq: FB) co-founder Dustin Moskovitz has sold 450,000 shares of his old company for around $8.7 million, according to a regulatory filing, but when it comes to his own ventures, expect him to remain independent.

Ecuadorean President Rafael Correa said that the accusations of rape against Julian Assange would not be a crime in most of the world.

When Tiffany & Co. (NYSE: TIF) cut its fiscal year sales and earnings guidance for a second straight quarter on Monday, stock in the company rallied over 7 percent. The reason: investors think the worst is over for the New York-based jeweler.

Naomi Campbell’s Turkish island house was given as a gift to the star nearly a year ago in September, but the supermodel hasn’t always lived such a lavish life. It was recently reported that while Campbell was growing up, her mother was pushed to sell her home in order to pay for her daughter’s stage school.

The biggest event this week is Friday's Jackson Hole meeting. While this week's economic calendar is rather packed, Wall Street seems to care more about Federal Reserve Chairman Ben Bernanke's speech at the Kansas City Fed's annual economic symposium.

Google Crisis Response, one of Google's thousands of active projects that merges various Google tools like Maps, Docs, Forms and Earth, posted a new webpage dedicated to Tropical Storm Isaac - soon to be Hurricane Isaac - in an effort to disseminate helpful information about the hurricane's path, its forecasted track, and how local residents can stay safe during this emergency situation.

This month has been the busiest August on record for global corporate bond issuance as low-risk free yields on government bonds pushed investors to find better returns in corporate credit.

The miners – part of a 460-strong staff – have locked themselves 1,200 feet underground inside the Carbosulcis di Nuraxi Figus mine.

Airbus SAS, the French aerospace company and subsidiary of the Netherlands-based European Aeronautic Defence and Space Company N.V., is nearing a deal with the Chinese government to sell more than 100 aircrafts.

Five more major companies said they had quit the controversial conservative American Legislative Council, a Washington, D.C., based body that lobbies for right-wing legislation such as “stand your ground” laws in state legislatures.

The Times Co. blamed the decline of the information website About.com on a change in Google's algorithm, which reduced the site's rankings and caused a loss of traffic over the last year.

At least one major refiner, BP PLC (NYSE: BP), has said it is shutting down production in the region. Production shutdowns can lead to price spikes at the pump fairly quickly.

Banks involved in London interbank offered rate benchmark, or Libor, manipulations could be liable for billions of dollars in lawsuits from a slew of financial firms and investors who were affected by the distortions, according to reports.

In about two weeks, Apple is expected to hold a large media event to debut several new devices, including a new iPhone - the unofficially dubbed "iPhone 5" - as well as a new iPod Nano, a new 13-inch Retina Macbook Pro, and possibly, a brand-new addition to the iPad line, the "iPad Mini." We believe Apple is going to choose Friday, Oct. 5 to launch the new iPad Mini. Apple iPad Mini Release Date Rumors: Why Oct. 5 Makes The Most Sense To Launch

Internet company AOL Inc. (NYSE: AOL) announced plans Monday to return $1.1 billion to shareholders through a special dividend of $5.15 per share and also to buy back $600 million of stock under an accelerated stock-repurchase agreement with Barclays Bank PLC.

Demonoid has been out of service for over a month now, but some of its loyal users are holding on to the belief that it could come back. The BitTorrent site has developed a reputation over the years for resurrecting itself, and this could be another opportunity to defy anti-piracy efforts.