UNITED STATES

Global economic growth is strong and becoming more broadly based, the Group of Eight nations said on Monday at their summit in St Petersburg.

Under pressure from Group of Eight leaders, ministers from six key trade powers are to start intensive meetings to rescue the deeply troubled Doha round, officials said on Monday.

U.S. venture capital firm Greylock Partners said on Monday it closed a $150 million fund that will invest in early-stage Israeli high-tech companies.

The NASD has two new resources to support firm's Anti Money Laundering (AML) programs. A free webcast is available at http://www.nasd.com/webcasts/aml.

Global companies extending their networks into Africa will find it a challenge to establish easy telecom links in comparison to the better established systems in the U.S., Europe or Asia. While mobile phone use is growing rapidly across the continent, fixed-line density is low and Internet access is limited.

General Motors Corp., Renault SA and Nissan Motor Co. agreed on Friday to review the benefits of a potential alliance that could change the world auto industry.

The Pentagon has cleared Taiwan to take a two-stage approach to buying up to eight diesel submarines in a move that could revive the long-stalled potential multibillion-dollar deal.

The latest surge in energy prices may prove the undoing for a U.S. economy already pressured by a housing slowdown and accelerating inflation.

Three British former bankers extradited to the United States this week pleaded not guilty in federal court on Friday to fraud charges linked to a deal with defunct energy giant Enron Corp.

Surging energy prices helped cause unexpected drops in U.S. retail sales in June and consumer sentiment in July, reports on Friday showed, raising the prospects the Federal Reserve may be close to halting its campaign of hiking interest rates.

U.S. retail sales unexpectedly shrank in June as energy prices bit, raising concern about growth as the Federal Reserve considers halting its two-year interest rate hike campaign.

Sales at U.S. retail stores unexpectedly shrank 0.1 percent in June, the first decline since February, pulled down by weaker sales of cars and building material, government data showed on Friday.

Oil prices topped $78 per barrel Friday and held near record highs as intensifying violence in the Middle East raised concerns of possible supply disruptions.

Since Tripoli gave up its nuclear arms programs in 2003, Libya has seen progress in the number of foreign investments being made in the country, the result of an environment that encourages market orientated reforms meant to reintegrate the country into the international economic fold.

Pepsi Bottling Group Inc., the largest Pepsi bottler, announced Tuesday that profits were up in its second quarter, attributing the growth to strong sales of its non-carbonated drinks.

Leading British shares dropped 1 percent on Thursday, as escalating geopolitical tensions, record high oil prices and concerns over U.S. corporate profits sent jitters through global equity markets, while a decline in Aviva Plc shares also weighed.

A European fine on Microsoft Corp. will have no effect on the launch of Vista, its next-generation Windows operating system, the U.S. software giant's Japan unit said on Thursday.

Crude oil futures rose to record highs on Thursday, hitting European stocks and the dollar, with worries over rising tensions in the Middle East and North Korea affecting sentiment across the board.

Offering yields not seen in years, savings accounts, certificates of deposits and money market funds are enticing investors rattled by the recent gyrations in stocks and bonds.

China's Nanjing Automobile Group, which took control of Britain's collapsed MG Rover last year, on Wednesday said it would build MG-brand cars in Oklahoma, making it the first Chinese automaker to assemble vehicles in the United States.

Software giant Microsoft and South Africa's cellular group Mobile Telephone Networks (MTN) announced on Tuesday a collaboration to provide affordable internet connection services in South Africa.