IBT Staff Reporter

The International Nuclear and Radiological Event Scale (INES) Rating on the Events in Fukushima Dai-ichi Nuclear Power Station by the Tohoku District - off the Pacific Ocean Earthquake.

German luxury automaker Daimler AG and auto part manufacturer Robert Bosch GmbH plan to establish a 50:50 joint venture in the development and production of electric motors for all-electric vehicles in Europe.

Japan may cap Tokyo Electric Power's <9501.T> liability to as little as $24 billion for damages stemming from its crippled nuclear plant, the Yomiuri newspaper reported, citing a draft plan being considered by the plant operator and the government.

Brent crude rose above $121 on Wednesday, halting a two-day decline, as traders focused on the stalemate in Libya and a sharp fall in U.S. gasoline stocks ahead of peak demand season, while global agencies warned high prices could erode demand.

Japanese Economics Minister Kaoru Yosano said on Wednesday that the effects of last month's devastating earthquake and tsunami would be relatively short-lived, with the economy expected to recover toward the end of the year.

The judge overseeing the liquidation of Bernard Madoff's investment firm on Tuesday rejected requests by banks to keep secret the names of current and former employees mentioned in lawsuits seeking to recover alleged improper profits tied to the imprisoned Ponzi schemer.

French engineering giant Schneider Electric has held early talks with Tyco International Ltd about buying the U.S. industrial conglomerate, a person with knowledge of the matter said on Tuesday.

U.S. companies would be largely spared from increases in the costs of using derivatives when they hedge against price fluctuations, under U.S. regulatory proposals issued on Tuesday.

Dutch chip equipment maker ASML kicks off the European technology stocks first-quarter earnings season on Wednesday, when it is expected to report a profit surge due to strong demand for smartchips.

A senior U.S. Treasury Department official said on Tuesday the G20 expects to make progress on guidelines for identifying economic imbalances this week and soon will be able to list countries with problems.

The world's biggest economies hope to make progress this week on a plan to identify countries that put the global economy at risk, while China warned against any moves that would curb its red-hot growth.

Hedge fund founder Raj Rajaratnam's trial defense on Tuesday tried to deflect prosecution evidence that he traded on inside information about Wall Street's most influential bank, Goldman Sachs Group Inc, at the height of the 2008 financial crisis.

The G20 hopes to make progress on developing guidelines to identify economic imbalances this week and will soon be able to list countries with the biggest problems, a senior U.S. Treasury official on Tuesday.

Tenet Healthcare Corp shares retained a takeover premium on Tuesday, a day after it lobbed a legal grenade at unwanted suitor Community Health Systems , suggesting that investors still believe a deal between the two rivals could happen.

The March 11 Japan earthquake and tsunami are likely to have caused up to $34 billion in losses for the global insurance industry, catastrophe modeling company RMS said on Tuesday.

Hedge fund founder Raj Rajaratnam's trial defense on Tuesday tried to deflect prosecution evidence that he traded on inside information about Wall Street's most influential bank, Goldman Sachs Group Inc, at the height of the 2008 financial crisis.

The world's biggest economies will struggle this week to make headway on a plan to identify countries that put the global economy at risk with China opposed to any attempt to curb its growth.

If you are woman, you want a new style every day. While you may not able to change your style every day, at least you may want to follow a trend in fashion.It’s especially important to have the right shoes to match with your wardrobe. Although we may have a few pairs we like, we want more. However we can’t buy them all.

IPhone maker Foxconn Technology Group is considering investing $12 billion in Brazil, a move that could help Apple Inc and other tech companies expand in the world's eighth largest economy.

Senators John Kerry and John McCain introduced a tough new privacy bill on Tuesday that would require companies to notify consumers in clear language when their data is being collected and oblige them to keep that information safe from hackers.

Big banks like Bank of America Corp and Citigroup Inc should be reclassified as government-sponsored entities and have their activities restricted, a senior Fed official said on Tuesday.

A memo written sixty years ago has created a minor storm as some take it as proof that the government is covering up the existence of aliens. To some, it's more interesting in the way it shows why people believe things.

The Huffington Post unfairly pocketed more than $100 million from its unpaid bloggers when AOL Inc bought the influential news website in February, according to a lawsuit filed on Tuesday.

Oil fell more than $3 on Tuesday as Goldman Sachs warned again of a price reversal and key forecasters said expensive crude could erode demand.

General Motors Co said on Tuesday it will invest $100 million in a New York parts plant that the company and union officials say was kept from closing because workers there agreed to second-tier wage levels designed to keep U.S. automakers competitive.

Intel plans to open a new research and development site in Finland, starting with some 200 staff at a time when Finnish partner Nokia is to unveil large job cuts. A spokeswoman for the world's top semiconductor firm said the company has started hiring hardware and software engineers, but was yet to open the site.

The investor spotlight will land squarely on new Google Inc Chief Executive Larry Page, overshadowing decent, but uninspiring first-quarter financial results when the company reports its earnings on Thursday.

Senators John McCain and John Kerry introduce a privacy bill that got mixed reactions from consumer watchdogs and major tech companies.

U.S. imports and exports fell in February, prompting analysts to cut again their forecasts for U.S. economic growth in early 2011 and showing signs of a slowing in the global recovery.