IBT Staff Reporter

Kuwait has no intention of stopping BlackBerry services for the time being but is talking to the device's manufacturer about moral and security concerns, the communications minister said on Sunday.

U.S. stock investors are turning more to options for protection after the latest data showing the frailty of the economic recovery, but they may find some comfort in Wall Street's fear gauge.

Hewlett-Packard Co's former chief executive officer Mark Hurd has reached a legal settlement with the woman who accused him of sexual harassment, and she has also agreed to release HP from legal claims, according to sources familiar with the matter.

The head of the world's largest reinsurer, Munich Re , warned low interest rates were hurting the industry and urged central banks to return to more orthodox rate policies as soon as possible.

Congo is one of the copper giants in the world and certain taxes levied by the government for copper exports have been worrying the exporters for quite sometime. But, things are changing fast now. Congo is now mulling changes in taxes levied on exports of semi processed copper and cobalt after appeals from business community which says illegal taxes are crippling sectors across the board.

China is the biggest power house for all the mining companies in the world now. With the liberalization of the gold market, more and more mining companies are now focusing on China market. Recently, mining giant Rio Tinto announced that its profit doubled in the first half of the year due to the demand from China.

Turkey on Saturday said its efforts to find oil in the Black Sea for commercial purposes have failed. Accoriding to country's Energy Minister Taner Yildiz, official declaration about the drilling operations would be made next week.

NYSE Liffe announced that the daily volume in its Milling Wheat futures contract passed 70,000 contracts for the first time, on 5 August 2010. Milling Wheat futures reached a record of 74,729 contracts, surpassing the previous record of 50,165 contracts set on 22 July 2010. Total combined Milling Wheat futures and options daily volume set a new record of 86,841 contracts, surpassing the previous record of 64,959 contracts set on 22 July 2010. This is the fourth daily volume record in the Milling...

Gold prices closed higher for the week on the Comex Division of the New York Mercantile Exchange, hit a three week high in intraday, mainly on weak US employment report that hit the dollar. The most active gold contract for December delivery was up $6.0 , or 0.5 percent, to finish at $1,205.3 per ounce.

The top Republican on the House Financial Services Committee called on Friday for an investigation into charges that mortgage finance giant Fannie Mae pushed borrowers into a mortgage aid program so it could receive incentive payments from the U.S. government.

U.S. regulators seized Ravenswood Bank of Chicago on Friday, bringing the number of closures this year to 109 as the community bank sector continues to suffer under the weight of bad loans.

Hewlett-Packard Co CEO Mark Hurd resigned on Friday after an investigation found that he had falsified expense reports to conceal a close personal relationship with a female contractor.

The first of its kind in Australasia, a machine that checks for circulating tumor cells, called the CellSearch has been announced as a significant breakthrough in the treatment for advanced prostate cancer in Australian men.

Legendary island is best place for holiday and honeymoon in Asia.

Following adverse health reactions among children earlier this year due to the use of a flu vaccine manufactured by CSL Biotherapies, the Advisory Committee on Immunization Practices has told doctors to avoid using the vaccine.

Bank of America Corp projects that its losses from pending litigation could be as high as $1.4 billion, the company disclosed in its second-quarter report filed Friday with securities regulators.

Warren Buffett's Berkshire Hathaway Inc said on Friday second-quarter profit fell 40 percent, as declining stock prices depressed the value of his derivative contracts.

Russia´s ban on grain exports caused a buying frenzy on global grain markets, driving prices up sharply under record high volumes.

Citigroup Inc raised its estimates and now expects to issue $18 billion to $21 billion in long-term debt in 2010, the company said in a regulatory filing on Friday.

Bank of America Corp projects that its losses from pending litigation could be as high as $1.4 billion, the company disclosed in its second-quarter report filed Friday with securities regulators.

JPMorgan Chase & Co expects a measure of its capital strength to fall slightly under the latest proposals from banking supervisors, according to a quarterly filing with regulators.

Hewlett-Packard Co said Chief Executive Mark Hurd has decided to resign following a sexual harassment investigation.

The Federal Reserve on Tuesday may send a clear signal it is prepared to print more money to support a faltering economic recovery if necessary.

New York Attorney General Andrew Cuomo sued Samsung Electronics Co Ltd and other makers of liquid display crystal screens used in computers, flat-screen televisions and mobile phones on Friday for allegedly fixing prices for a decade.

Hewlett-Packard Co Chief Executive Mark Hurd resigned suddenly on Friday following an investigation of sexual harassment, the world's top computer maker said, stunning investors and sending shares down 10 percent.

Hewlett-Packard Co Chief Executive Mark Hurd resigned suddenly on Friday following an investigation of sexual harassment, the world's top computer maker said, stunning investors and sending shares down 10 percent.

Republicans emboldened by a weak U.S. jobs report pressed their attack against the ruling Democrats on Friday, hoping to translate Americans' unhappiness with the economy into votes on November 2.

New York Attorney General Andrew Cuomo sued Samsung Electronics Co Ltd and other LCD screen makers on Friday for allegedly fixing prices for a decade, after some of them pleaded guilty to similar federal charges and paid over $890 million in fines.

Republicans emboldened by a weak U.S. jobs report pressed their attack against the ruling Democrats on Friday, hoping to translate Americans' unhappiness with the economy into votes on November 2.