INDIA

Climate change could cost some countries up to 19 percent of their gross domestic product by 2030, a panel including major insurance, banking and consulting companies as well as the European Commission said on Monday.

News that European car sales rose for a third consecutive month in August helped lift the mood at the Frankfurt Motor Show, where automakers will showcase green technology they hope will transform the industry.

Indian rubber consumption in the year to April 2010 is seen at 881,000 tonnes, slightly higher than the previous estimate of 875,000 tonnes helped by higher demand for automobiles, the country's Rubber Board said.

Sprint Nextel Corp shares jumped 14 percent on speculation that the No. 3 U.S. mobile service might be bought by Deutsche Telekom even as many analysts said such a deal would be very difficult to pull off.

JPMorgan Chase & Co agreed to buy carbon offset aggregator EcoSecurities for 122.9 million pounds ($204 million) on Monday, trumping a bid from the firm's co-founder, to boost its carbon-credit trading business.

Indian rubber consumption in the year to April 2010 is seen at 881,000 tonnes, slightly higher than the previous estimate of 875,000 tonnes helped by higher demand for automobiles, the country's Rubber Board said.

The severity of the U.S. financial crisis exposed investors' need to whittle down a dependence on dollar-denominated assets and diversify globally, two of Wall Street's most influential figures said on Sunday.

The global economic crisis will weed out Italy's jewellery industry and prepare grounds for consolidation in the strongly fragmented sector, jewellers and industry officials said at a trade fair.

Carmakers, stung by recession and unsure of their future as government support wanes, will put on a brave face at next week's Frankfurt Motor Show, promoting the green technologies they hope will be their salvation.

China's Alibaba Group said on Friday it will launch an international business-to-business (B2B) platform in the United States by the end of the year, as the company seeks to globalize its brand.

GE Hitachi Nuclear Energy said on Friday it was in talks with India's state-owned nuclear power body to build at least 6 nuclear reactors.

Social networking site Facebook has rolled out a new slim down version of Facebook aimed at people with slow net connections.

Japan's economy grew a revised 0.6 percent in the three months to June, less than preliminary figures had shown but confirming that the economy crawled out of recession after a full year of sharp contraction.

The economic outlook improved in most countries in the 30-nation OECD area and clear signs of recovery can be seen in the major seven economies, an OECD survey said on Friday.

Tiny companies with big ideas for making flu vaccines have captured the attention of investors and governments looking for a quicker way to make a vaccine against the pandemic of swine flu.

The private equity arm of India's Infrastructure Development Finance Co is buying energy giant BP's wind power assets in India for 6.5 billion rupees ($134 million), the Economic Times reported on Friday.

The European Union outlined a scaled-back offer to help poor nations combat global warming on Thursday as some nations expressed gloom about prospects of a new U.N. climate deal in Copenhagen in December.

With global oil consumption having decreased relative to year-earlier levels in every quarter since the middle of last year, we have now experienced four consecutive quarterly declines in world oil use, with another decline expected in the current quarter.

When the Cartoon Network channel launched in India more than a decade ago, it simply dubbed its shows in regional languages.

France's Carrefour launched its second Russian store on Thursday with a pledge to pursue acquisitions in the country, and said the crisis had not changed its long-term vision of the market.

U.S. private equity firm Blackstone is in talks to buy a 63 percent stake in an Indian agro-chemicals and veterinary drugs maker for about 6.3 billion rupees ($130 million), the Economic Times reported on Thursday, citing an unnamed person with knowledge of the matter.