IBT Staff Reporter

In the chill of a massive cave beneath an orthodox Christian cathedral, a city power firm is preparing what it thinks will be the greenest data center on the planet.

Iran sees little point to staying in the Non-Proliferation Treaty, a senior official said on Monday, a day after announcing plans to build 10 more nuclear sites in a swipe at growing pressure to rein in atomic activity.

Corrects first paragraph to show 2010 sales growth forecast is for entire China auto market, not GM's sales

U.S. stock index futures fell on Monday as investors assessed whether a possible debt default by two of Dubai's flagship firms could threaten a global economic recovery.

Britain's top share index was 0.8 percent lower by midday on Monday, pulled down by weak energy stocks and banks, as investors were troubled by lingering anxiety caused by Dubai's debt problems.

United Arab Emirates stocks dived on Monday as investors waited for clarity on Dubai's plan to delay repaying billions of dollars in debt and government word on how it would tackle a crisis that has rattled global markets.

Nokia Oyj plans to install Linux software on just one new smartphone next year, a source told Reuters on Monday, dampening prospects of a quick makeover of the Finnish group's struggling product line-up.

stock index futures were slightly higher early on Monday, following the previous session's sharp retreat, with futures for the S&P 500 up 0.22 percent, Dow Jones futures up 0.13 percent and Nasdaq 100 futures up 0.24 percent at 0855 GMT (5:55 a.m. EST).

The world's top cellphone maker, Nokia, plans to install Linux software on just one new smartphone next year, a source with direct knowledge of Nokia's product roadmap told Reuters.

The U.S. aviation regulator decided to allow over 130 Boeing Co 777 airplanes to continue flying international trips through early 2011, despite warnings about suspect parts that have caused rare shutdowns in midair, the Wall Street Journal reported.

The coming week should signal whether a year of voracious risk appetite on financial markets is going to end with a bang, a whimper or, quite possibly, a thundering great clunk.

Asian stocks recovered after last week's steep sell-off over the Dubai debt crisis on growing speculation the fallout from a potential default will be limited, while assurances from various authorities also helped calm nerves.

Asian stocks recovered after last week's steep sell-off over the Dubai debt crisis on growing speculation the fallout from a potential default will be limited, while assurances from various authorities also helped calm nerves.

Dutch brewer Heineken NV expects a quarter of the beer market to consolidate and 'will participate' in that process, its chief executive was quoted as saying at the weekend.

Honiton Energy Group has hired Morgan Stanley to advise the China-focused wind power developer on luring a new investor, in a deal that could value the entire company at up to $250 million, sources said on Monday.

Leaders from top U.S. companies including Google, AT&T, Disney and FedEx will attend a jobs summit on Dec. 3 at the White House, a White House spokeswoman said on Sunday.

The U.S. aviation regulator decided to allow over 130 Boeing Co 777 airplanes to continue flying international trips through early 2011, despite warnings about suspect parts that have caused rare shutdowns in midair, the Wall Street Journal reported.

Beijing Automotive Industry Holding Corp might still be interested in buying General Motors' Saab unit, according to the Chinese car company's general manager.

Asian stocks recovered after last week's steep sell-off over the Dubai debt crisis as investors nerves steadied on hopes that the fallout of a potential default will be limited.

Australian upmarket department store David Jones Ltd is cautiously confident about its sales performance over the upcoming Christmas sales period, Chief Executive Mark McInnes said on Monday.

South Africa's Pioneer Foods Group posted a 22 percent increase in full-year headline earnings per share (EPS) on Monday boosted by a strong performance in its Sasko bread division and higher margins.

Airports of Thailand (AOT), the country's main airport operator, reported a worse-than-expected fourth-quarter net loss on Monday, hit by foreign exchange losses and higher operating costs.

Struggling to hide the love handles or muffin top for that holiday party? Underwear makers are finding the desire for a snap svelte silhouette has created a booming line for women, and now men, in shapewear.

United Arab Emirate stocks tumbled 6-7 percent on Monday as the market reopened for the first time since Dubai called for a delay in repaying billions of dollars in debt, spooking global markets.

AOL Inc, due to be spun out of Time Warner Inc on Dec. 9, almost a decade after their merger, looks like a bargain, Barron's reported in its Nov. 30 edition.

Hochtief reserves the right to put the planned initial public offering (IPO) of its infrastructure unit on hold should stock markets take a drubbing from the Dubai debt crisis, its chief executive told a Sunday paper.

Toto, Japan's No.1 toilet maker, expects to meet its earnings forecasts despite the yen's recent surge by capitalizing on an earlier-than-expected demand recovery in China and cost cuts, its president said on Monday.

British budget airline Flybe and five oil companies are planning initial public offerings in London next year which are expected to value them collectively at 1.5 billion pounds ($2.46 billion), the Sunday Times reported.

Sands China's weak debut in Hong Kong on Monday signals fading investor appetite for a casino company with a high valuation and an uncertain outlook, and cooling interest in what was a red-hot sector.