IBT Staff Reporter

Ivanhoe Mines (IVN.TO) may sell shares or debt, sell off a subsidiary or look at other options as it continues to develop its huge gold and copper mine in Mongolia, the company said on Wednesday.

The board of the Federal Deposit Insurance Corp will meet on January 12 to consider proposing rules on compensation for bank employees, the agency said on Wednesday.

Canada's Bellatrix Exploration Ltd (BXE.TO) said it would raise C$40 million ($38.57 million) in bought deal financing to fund expansion of its capital program.

Kraft (KFT.N) said it had a 1.52 percent take-up from Cadbury (CBRY.L) shareholders for its 10.5 billion pound ($16.8 billion) hostile bid, with analysts saying the U.S. food group will have to raise its offer to win.

Publishing and events group Reed Elsevier (REL.L)(ELSN.AS) is in advanced talks to sell some of its loss-making trade magazines and will close other titles during the first half of 2010, according to an internal memo.

Britain's biggest insurer Prudential (PRU.L) is buying the life insurance unit of Singapore's third-biggest lender UOB (UOBH.SI) for S$428 million ($307 million) to beef up its presence in fast-growing Asia.

Publishing and events group Reed Elsevier (REL.L)(ELSN.AS) is in advanced talks to sell some of its loss-making trade magazines and will close other titles during the first half of 2010, according to an internal memo.

China's top search engine Baidu Inc said it plans to start a new online video channel that will provide copyrighted content to Chinese Internet users.

BlackRock Inc's vice chairman and chief investment officer for global equities Bob Doll said on Wednesday he sees the Standard & Poor's 500 stock index reaching a level of 1,250 by year-end.

Car parts group Faurecia (EPED.PA) has won a green light from the European Union for its takeover of Emcon Technologies, a U.S. company that makes car exhaust emission controls.

Stocks slipped on Wednesday after ISM data showed the U.S. services sector grew in December, but at a marginal pace, and a report said the rate of job losses slowed at U.S. private employers.

IMAX, which has positioned itself as a specialist in “immersive” movie technologies, reported that more than half of fourth quarter box office receipts showing its large format films came from blockbuster hit Avatar.

Britain's biggest insurer Prudential (PRU.L) is buying the life insurance unit of Singapore's third-biggest lender UOB (UOBH.SI) for S$428 million ($307 million) to beef up its presence in fast-growing Asia.

Sumitomo Mitsui Financial Group (8316.T) said it would raise up to $9.7 billion in a share sale to meet stricter global banking regulations and expand overseas.

Debt-ridden Japan Airlines (9205.T) could get a $3.3 billion lifeline from a state-backed fund, provided the carrier files for bankruptcy and its banks agree to write off loans, a source familiar with the matter said

Ivanhoe Mines may sell shares or debt, sell off a subsidiary or look at other options as it continues to develop its huge gold and copper mine in Mongolia, the company said on Wednesday.

AT&T Inc wants to add wireless links to car entertainment systems and consumer devices to keep track of everything from parcels to wandering children, according to a top company executive.

Family Dollar Stores Inc reported a higher-than-expected first-quarter profit and forecast earnings that should top Wall Street estimates again this quarter, sending its shares up 13 percent.

Walgreen Co said sales at its drugstores open for at least a year fell 0.3 percent in December instead of rising as Wall Street had expected, as fewer customers came in and spent less when they did shop.

The rate of job losses at U.S. private employers slowed in December and the services sector showed marginal growth, according to reports on Wednesday which underlined the tentative nature of the economic recovery.

China's top search engine Baidu Inc said it plans to start a new independent company to provide licensed online video to Chinese Internet users.

Senate veteran Chris Dodd, 65, of Connecticut is set to make a 'major announcement' today, and is expected to announce his retirement, as a prominent state politician readies to be his replacement.

Police in south China have detained three people for spreading rumours that a group of ethnic Uighurs had been beaten up in a case that has shades of an incident which set off rioting in Xinjiang last summer.

Stocks were little changed on Wednesday after data showed the U.S. services sector grew in December, but at a marginal pace.

Two former cabinet ministers on Wednesday called for a secret ballot of MPs to decide if Prime Minister Gordon Brown should lead the Labour Party into an election due by June.

How Senator Christopher Dodd handles his final months in office is suddenly the big question surrounding U.S. efforts to tighten bank and capital market regulation as part of a worldwide push for reforms.

Voluntary carbon markets in the United States will grow especially at the regional level even if a stalled federal climate bill fails to impose cap and trade on American industry, the chairman of the Chicago Climate Exchange (CCX) said.

France's interior minister wants to add 23 countries to a list of places whose air travelers face tighter security measures, in response to the botched bombing of a U.S.-bound airliner last month.

Norwegian electric car maker Think Global said it plans to build vehicles in the United States in 2011 and has picked a site in Indiana for its U.S. manufacturing facility.