IBT Staff Reporter

The iPad 2, much expected by customers and feared by competitors, is due to be shipped by the end of February 2011.

Wall Street was set to rise strongly on Tuesday as investors bet that a deal to extend tax breaks will prompt increased spending and buoy the economy.

Justin Timberlake’s injury has brought production on the sets of Andrew Niccol's sci-fi thriller, Now, to a temporary halt.

Chinese companies are poised to acquire smaller, intellectual property-rich technology firms overseas, fueled by the country's ambitious drive to converge its television, telephone and Internet networks.

Tesco Plc, the world's No.3 retailer, said overseas markets drove a 7.2 percent rise in third-quarter sales and it was seeing a pick-up in demand in its main British market heading into peak Christmas trading.

China is likely to raise interest rates in the coming days in a demonstration of the government's resolve to tame inflation, an official newspaper said on Tuesday.

British homebuilder Bellway Plc sees pretax profits to rise by up to 20 percent for the first half to end January, saying home reservations taken are ahead of its expectations.

Tension persisted on European bond markets on Tuesday after Germany and fellow euro zone states resisted IMF calls to do more to quell the currency bloc's debt crisis, leaving the ball with a reluctant European Central Bank.

Stock index futures rose on Tuesday after President Barack Obama forged a compromise with Republicans to extend Bush-era tax breaks for two years.

The United States is expected to see weak employment prospects though employers expect the modest hiring pace to continue in the first three months of the year, a survey reported.

British construction products supplier Wolseley said trading profit rose 39 percent in the first quarter, helped by revenue growth in the US and Canada as well as cost control measures.

Ireland's deeply unpopular government will unveil a record austerity budget on Tuesday, inflicting more pain on voters to bring down a soaring deficit and win quick access to emergency loans from the EU and IMF.

Global equities advanced on Tuesday after a compromise deal to extend expiring U.S. tax cuts, though the euro zone's debt crisis and speculation over a possible interest rate rise in China kept them in check. The euro rose on optimism that Irish lawmakers will pass its toughest ever budget later in the day. The single currency remained vulnerable, however, with European policymakers dithering ove...

Sumitomo Corp <8053.T> is in talks with Molycorp on a rare earth supply deal and may take a stake in the U.S. company, the latest move by a Japanese firm to secure supplies of the crucial minerals outside China.

PARIS - U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, after President Barack Obama announced plans to extend tax breaks.

Asian stocks got a tentative boost on Tuesday from U.S. President Barack Obama's compromise deal to extend all Bush-era tax cuts, while the euro ticked up but remained vulnerable to debt-related pressure.

Tension on European bond markets was undiminished on Tuesday after German and fellow euro zone states resisted IMF calls to do more to quell the currency bloc's debt crisis.

The dollar fell to a three-week low against the yen on Tuesday, with gains in the Japanese currency pulling Tokyo stocks lower, while the euro came under renewed pressure as Europe struggled to contain its debt crisis.

President Barack Obama and Congressional Republicans came to a compromise today involving tax break extensions for wealthier Americans and unemployment insurance extensions for working class families.

European Union finance ministers meet on Tuesday to discuss the EU economy with markets expected to react nervously to Monday's decision by euro zone ministers to take no new steps to quell the debt crisis.

The U.S. government sold off its remaining shares in Citigroup Inc on Monday for $4.35 each, marking an exit from ownership in the bailed-out banking giant with a $12 billion gross profit for taxpayers.

The U.S. government sold off its remaining shares in Citigroup Inc on Monday for $4.35 each, marking an exit from ownership in the bailed-out banking giant with a $12 billion gross profit for taxpayers.

China's Bright Food Group Co is near a deal to buy U.S. vitamin retailer GNC Holdings Inc, giving the well-known foreign brand a potential entry to China to cater to the country's growing middle class.

The U.S. government sold off its remaining shares in Citigroup Inc on Monday for $4.35 each, marking an exit from ownership in the bailed-out banking giant with a $12 billion gross profit for taxpayers.

Viacom is taking the fight over copyrights to the U.S. Court of Appeals of the Second Circuit, appealing the decision that spared YouTube - and its parent company, Google - from a hefty judgment.

Russia is widely expected to secure European Union approval to join the World Trade Organization at a summit on Tuesday, taking Moscow closer to completing membership negotiations after 17 years.

Researchers studying the health effects of cellphones say they have found evidence that when pregnant women use them regularly, their children are more likely to have behavioral problems.

President Barack Obama melded a long-term vision for more science research and education spending with the short-term need to secure a deal with Congressional Republicans to extend both tax breaks for higher-income earners and unemployment benefits for struggling workers.

Microsoft Corp is offering customers of Salesforce.com Inc thousands of dollars in rebates to switch over to its own customer relationship management system.