MARKETS / FINANCE

Chinese shopping search engine Etao, a unit of Alibaba Group, aims to garner a 15-20 percent share of Chinese market traffic over the next three years, its parent said.

HTC Corp, the world's No.4 smartphone maker, has filed a criminal complaint against Citigroup Inc's Taiwan unit, alleging the bank published false information that led to a fall in HTC's share price, a Taiwan prosecutor said on Tuesday.

Dec 12 - Social networking. Cloud computing. Software as a service.

Apparel retailer Urban Outfitters Inc said in regulatory filing that retail segment same-store sales were up in the mid-single digits so far in the fourth quarter, sending its shares up 10 percent after the bell.

Lee Enterprises Inc , which publishes 48 daily newspapers including St. Louis Post-Dispatch, filed for Chapter 11 bankruptcy protection to refinance nearly $1 billion in debt, as newspapers struggle with falling advertisement dollars and dwindling readership.

Martin Marietta Materials Inc launched a hostile $4.8 billion all-stock offer to buy larger rival Vulcan Materials Co in a bid to build the world's largest producer of sand, gravel and other construction materials.

AT&T Inc has another month to decide whether it wants to continue to pursue its $39 billion acquisition of T-Mobile USA after a U.S. Judge agreed to delay the court battle over the deal until January 18.

Epam Systems Inc, an IT services provider with operations in Russia, is aiming to move ahead with its planned U.S. initial public offering in the first quarter of next year, two sources familiar with the situation said on Monday.

Decisions reached by the European Union summit last week are radical and will lead to harmonization of policies which has not been possible so far, European Central Bank Governing Council Member Marko Kranjec said on Monday in a TV interview.

Netherlands-based Sensata Technologies Holding NV cut its fourth-quarter outlook hurt by weakness at its sensors business.

The world is forecast to grow hotter, sea levels to rise, intense weather to wreak even more destruction and the new deal struck by governments in Durban to cut greenhouse gas emissions will do little to lessen that damage.

Stocks tumbled on Monday, as concerns about Europe returned to the forefront after major credit ratings agencies warned that European leaders had not done enough to tackle the region's debt crisis.

German lender Commerzbank and the government have been in talks for several days over possible state aid, five people familiar with the matter told Reuters on Monday.

Even experienced Wall Street contrarians are eyeing the beaten-down U.S. financial sector warily.

Britain should stay at the heart of Europe, industry executives said on Monday, with some of them warning that Prime Minister David Cameron's decision to opt out of a common European Union fiscal policy may make life more difficult.

OECD countries face a growing risk of a refinancing pinch next year as they battle to secure investor confidence while rolling over trillions of dollars in debt, the Paris-based organisation warned on Monday.

Gold prices tumbled to a six-week low Monday as bank selling and a skyrocketing dollar offset support from central bank buying.

Construction aggregates maker Martin Marietta Materials Inc made an unsolicited $5 billion offer to buy larger rival Vulcan Materials Co in stock, in a bid to create the global leader in the industry.

High U.S. gasoline prices making you steam? Well, you can rage against the gas pump, or you can profit from the trend, by considering shares in Chevron (CVX), according to one stock reviewer.

The turbulent stock market may throw up obstacles in front of two initial public offerings on tap, including on-line game site Zynga as well as workplace social networking developer Jive Software.

Stocks fell on Monday after the three major credit ratings agencies issued new warnings that European leaders have failed to take the coordinated action necessary to tackle the region's debt crisis.

Euro zone borrowing costs dipped at sales of short-term debt on Monday but Italian yields stayed close to record highs as investors viewed measures agreed at an EU summit to tackle the debt crisis were not bold enough.

Oil and natural gas producer Rosetta Resources forecast an increase in production for next year, but disappointing results from its exploratory well program in the Southern Alberta Basin sent its shares down as much as 11 percent.

The nine best and one worst Don't Think Twice by Bob Dylan covers, including Ke$ha, Johnny Cash, John Mayer and more.

African Barrick Gold Plc (ABG) has agreed with the Tanzanian government to raise the royalty rate it pays on gold exports, the country's minerals ministry said on Monday.

Activision Blizzard, the biggest U.S. video game publisher by market capitalization, said its game Call of Duty: Modern Warfare 3 crossed $1 billion in sales since its launch on November 8.

Canada's resource-heavy main stock index was set to open lower on Monday, dragged down by falling commodity prices as the initial enthusiasm over a European Union deal to tackle its debt crisis faded.

Precious metals assets tumbled Monday on doubts that last week's Eurozone restructuring plan addresses immediate threats of dollar liquidity, bank defaults and national bankruptcies.

Italian one-year borrowing costs stayed close to a record high at an auction on Monday, in an early sign that last week's EU summit failed to reassure investors European leaders can take the urgent steps required to stem the euro zone debt crisis.