IBT Staff Reporter

Communications regulators were poised to adopt Internet traffic rules on Tuesday that would allow providers to ration access to their networks.

The trade between China and the European Union (EU) is balanced and healthy, according to the Chinese Minister of Commerce Chen Deming.

Stock index futures rose on Tuesday as a higher earnings outlook from software maker Adobe Systems and more mergers looked to add fuel to the December rally.

Scientists in the UK are developing technology using nanopores that could ultimately sequence a person’s genome in mere minutes, unlike available commercial methods, which require complex process.

Nissan Motor Co on Monday unveiled the all-new Global sedan model 'Sunny' at the 8th China (Guangzhou) International Automobile Exhibition. The model will be launched in China in January 2011 followed by India in the second-half of the next year and progressively across 170 countries.

English football superstar David Beckham received the BBC Sports Personality Lifetime Achievement award on Sunday at the 2010 BBC Sports Personality of the Year awards.

Arsenal skipper Cesc Fabregas admitted that his side is gripped with a fear of defeat when playing the big teams.

Moody's Investor Service warned on Tuesday it may downgrade debt-ridden Portugal's A1 rating by one or two notches after a review that will take up to three months, citing weak growth prospects and high borrowing costs.

Chinese online games firm The9 Ltd said on Tuesday it has entered into an agreement with three institutional funds to form a $100 million fund to invest in mobile Internet applications.

Google is in talks with smaller players in the online discount coupon market after Groupon turned down the web giant's $6 billion buyout offer, the New York Post said, citing a source close to the situation.

European Union competition regulators temporarily cleared billions of euros in state aid for Anglo Irish Bank , Allied Irish Bank and Irish Nationwide Building Society on Tuesday.

Adobe Systems Inc issued an earnings forecast sharply above Wall Street projections, contrasting sharply from a pessimistic outlook three months ago when it was concerned about the weak economy.

A hospital in Israel has begun using Apple's iPad to enable medical staff to help treat patients, provide consultations and study X-rays and CT scans from afar.

Adobe Systems Inc issued an earnings forecast sharply above Wall Street projections, contrasting sharply from a pessimistic outlook three months ago when it was concerned about the weak economy.

Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.36 percent, Dow Jones futures up 0.32 percent and Nasdaq 100 futures up 0.27 percent at 0928 GMT (4:28 a.m. EDT).

The euro pared gains on Tuesday after Moody's put Portugal on review for a possible downgrade, while world stocks rose, driven by bargain-hunting investors betting on stronger global growth next year.

The U.S. Securities and Exchange Commission has begun a probe into Chinese companies listing on U.S. stock exchanges through reverse takeovers, the Wall Street Journal reported, citing people with knowledge of the probe.

Toronto-Dominion Bank is close to an agreement to buy Chrysler Financial from private equity firm Cerberus Capital Management for $6.3 billion, a source familiar with the matter said on Monday.

Top U.S. automaker General Motors expects exports of its China-made Chevrolet Sail to jump 300 percent or more next year, a senior executive said.

The Bank of Japan kept monetary policy on hold on Tuesday but warned of weakening factory output and business sentiment, assuring markets that it was focusing on downside risks to growth that may trigger further easing ahead.

China urged European authorities to back their tough talk with action on Tuesday by showing they can contain the euro zone's simmering debt problems and pull the bloc out of its crisis soon.

The euro bounced back on Tuesday from a day-earlier selloff over euro debt woes following words of support from China, while stocks were firm across Asia as investors picked up end-of-year bargains.

The Bank of Japan kept monetary policy steady as widely expected on Tuesday, holding off on easing as it scrutinizes how escalating debt woes in Europe and a U.S.-driven rise in bond yields affect Japan's fragile economy.

Toyota Motor Corp has agreed to pay $32.4 million in fines related to two investigations of the automaker's handling of auto recalls for unintended acceleration and steering problems in several models, U.S. regulators said on Monday.

Japan's Nikkei share index <.N225> rises 0.7 percent as investors pick up bargains after recent price falls, but volume is low on absence of foreign buyers.

Revenue from Toshiba Corp's <6502.T> nuclear power plant business may reach 1 trillion yen ($12 billion) in the next three years, ahead of schedule, the Japanese industrial conglomerate said on Tuesday.

The Federal Communications Commission is scheduled to meet tomorrow to consider whether to enforce net neutrality rules, or to leave the Internet unregulated.

(Corrects third paragraph to state that the source of the information in the paragraph is the Nikkei newspaper, not the company spokesman; moves company spokesman's name to second paragraph)

A chemical which, in high concentrations, is likely to cause cancer and irritates the respiratory system and skin has been found in tap water in 31 of 35 American cities, according to a new study.