IBT Staff Reporter

Google Inc will not be treated as an exception to China's demand foreign companies obey its laws, the Foreign Ministry said on Tuesday, a week after the world's largest search engine warned it could pull out of China.

Google has postponed the launch of two mobile phones in China which use its Android platform, in the first sign its business in the country is starting to be affected by a dispute over hacking and censorship.

Investment firm Genii Capital said liquidators had yet to start removing vital assets from Swedish carmaker Saab's facilities, and said it remained upbeat about its chances of buying the loss-making firm from General Motors.

Citigroup Inc posted a fourth-quarter loss of $7.6 billion after taking charges linked to repaying government funds.

Goldman Sachs is likely to unveil details of multi-million pound bonuses to staff next week, a person familiar with the matter said on Tuesday, after a delay as the row over payouts heats up.

Investment bank Goldman Sachs is likely to unveil the details of multi-million pound bonuses to staff next week, a person familiar with the matter said on Tuesday, after a delay as a row heats up over payouts.

Oil dipped below $78 a barrel on Tuesday, extending a losing streak from last week due to an expected dent in heating demand as northern hemisphere weather turned milder after a prolonged cold spell.

U.S. stock index futures slipped on Tuesday as Kraft Foods Inc reached a deal to acquire Cadbury and earnings season picked up steam.

Japan Airlines Corp filed for bankruptcy protection on Tuesday, owing more than $25 billion, and vowed to slash 15,700 jobs and unprofitable routes as it tries to survive volatile fuel costs and fickle flyers.

U.S. stock index futures slipped on Tuesday as Kraft Foods Inc reached a deal to acquire Cadbury and earnings season picked up steam.

Google has postponed the launch of two mobile phones in China which use its Android platform, in the first sign its business in the country is starting to be affected by a dispute over hacking and censorship.

Japan Airlines Corp filed for bankruptcy protection on Tuesday owing more than $25 billion, and vowed to slash 15,700 jobs in an effort to survive in an industry hit by volatile fuel costs and fickle flyers.

The central banks of China and Taiwan tightened policy on Tuesday to drain money from the banking system, marking intensified efforts in the region to head off inflation and cool asset bubbles.

Stock index futures pointed to a mixed open on Wall Street on Tuesday as U.S. markets reopen after a long holiday weekend, with futures for the S&P 500 down 0.04 percent, Dow Jones futures down 0.07 percent and Nasdaq 100 futures up 0.2 percent at 1030 GMT (5:30 a.m. EST).

Boeing is happy with the progress of testing on its 787 Dreamliner, Yves Galland, President of Boeing France, said on Tuesday.

Kraft Foods was close to announcing a recommended deal to buy Cadbury for around 11.7 billion pounds ($19.2 billion) after it offered more cash in late-night talks to break a four-month impasse over price.

Japan Airlines Corp's board voted to file for bankruptcy protection on Tuesday, media reported, a move that will see it slash 15,000 jobs and replace aging planes to survive an industry beset by volatile fuel costs and fickle flyers.

Google is investigating whether one or more employees may have helped facilitate a cyber-attack from China that the U.S. search giant said it was a victim of in mid-December, two sources told Reuters on Monday.

Foreign firms, including Google, must respect Chinese laws and customs, China's foreign ministry spokesman said on Tuesday, a week after the world's largest search engine said it might pull out of China due to hacking and censorship.

The NBC executive who has overseen the network's decline in recent years said on Monday he showed guts and leadership by shaking up the network's late-night programing -- a disastrous move that will likely send talk-show host Conan O'Brien to a rival broadcaster.

Leading LCD makers in South Korea and Taiwan are headed for a robust first half this year on improving demand for flat screen TVs, but performance for the last quarter of 2009 is likely to be hit by seasonal weakness and a strong currency.

Japan Airlines Corp is set to file for one of the country's largest ever bankruptcies on Tuesday, marking the failure of the former state-owned carrier that once symbolized Japan Inc's international aspirations.

U.S.-based Kraft Foods Inc and Britain's Cadbury Plc are close to sealing a friendly deal to create the world's largest confectionery group for up to 11.7 billion pounds ($19 billion), sources familiar with the matter said on Monday.

American International Group Inc is exploring several ways to repay $26 million of the $45 million in bonuses that executives at its financial products unit pledged to return last year, including a plan to cut 2010 bonuses but pay them out early, a source familiar with the matter said on Monday.

Industrial conglomerate Tyco International will acquire Broadview Security for $1.9 billion in a deal that brings together two large providers of residential and commercial security in North America, the two companies said on Monday.

U.S.-based Kraft Foods Inc and Britain's Cadbury Plc are holding talks about a potential friendly deal to create the world's largest confectionery group for up to 11.7 billion pounds ($19 billion), sources familiar with the matter said on Monday.

(Corrects Friday closing price to $31.42)

U.S.-based Kraft Foods Inc and Britain's Cadbury Plc are holding talks about a potential friendly deal to create the world's largest confectionery group, sources familiar with the matter said on Monday.

China's iron ore imports in December totaled 62.16 million tonne, up 11.09 million tonne month on month and up 80.02 per cent year on year. In 2009, China's iron ore imports came to 628 million tonne, up 41.6 per cent year on year.