IBT Staff Reporter

The decline of U.S. automakers has for years affected those who live in Pontiac. Now the city's dead look set to feel the pain as well.

China's latest Internet controls have been assailed by rights advocates and Washington, and yet the real challenge to its Green Dam plan may be the nation's own computer market, an anarchic digital bazaar.Starting from Wednesday, the government has ordered that personal computers sold in China must leave manufacturers with Green Dam filter software intended to block obscene images and...

The United States may become the largest market for renewable energy for E.ON, the world's largest utility by sales, within six years, the head of the company's green energy unit told Reuters in an interview.

U.S. stock futures pointed to a modestly higher open on Monday as investors looked to new data later in the holiday-shortened week for clues over the direction of the recession-hit economy.

Miner Anglo American is considering finding a partner for its huge iron ore project in Brazil, including from China, but the move is not a defense against an unwanted merger approach from rival Xstrata , sources familiar with the situation said on Monday.

what is a rare occurrence of late the Aussie dollar remained in a narrow trading band between 0.8040 and 0.8090 on Friday to finish the week exchanging at 0.8070. With no local economic data released the AUD searched for direction from offshore threatening to break higher after better than expected German data however a rebound in demand for USD put a lid on any further advances.

U.S. stock futures were flat to higher on Monday as investors looked to new data later in the holiday-shortened week for clues over the direction of the recession-hit economy.

More than a million French users of Microsoft's Xbox 360 will be able to watch films on demand, premium drama and soccer from Canal Plus on their games console thanks to a deal between Microsoft and the pay-TV group.

Creditors and suppliers of Nortel Networks filed a series of objections on Friday to the proposed sale of a unit of the bankrupt telecom equipment maker to Nokia Siemens Networks.

Volkswagen and its key shareholder, the state of Lower Saxony, have confronted Porsche with an ultimatum to accept a tie-up of the two carmakers under VW's tutelage or else face more severe financial turmoil, Web site Spiegel online reported.

Italian automaker Fiat is open to issuing a bond for institutional or retail investors, or both, Chief Executive Sergio Marchionne said on Saturday, according to news agency Ansa.

South Korea's Kumho Asiana Group said on Sunday it had decided to put Daewoo Engineering & Construction Co up for a sale to ease investors worries about its liquidity.

Management consulting firms Towers Perrin Forster & Crosby Inc and Watson Wyatt Worldwide Inc on Sunday announced an agreement to merge into a new publicly listed company called Towers Watson & Co.

Consulting firms Towers Perrin Forster & Crosby and Watson Wyatt Worldwide said on Sunday they plan to merge in an all-stock deal valued at about $3.5 billion, as they hope to cut costs amid an economic slump that has caused clients to curb discretionary spending.

General Motors Corp has agreed to accept liability for future product defects as one of several concessions offered in a bid to win court approval for a quick sale from bankruptcy.

Cash-rich German carmaker Volkswagen AG and its ailing majority owner Porsche SE must decide soon whether to integrate or not, VW's home state of Lower Saxony said on Monday.

U.S. stock futures were flat to higher on Monday as investors looked to new data later in the holiday-shortened week for clues over the direction of the recession-hit economy.

Oil rose toward $70 a barrel on Monday after Nigeria's main militant group said it attacked a Royal Dutch Shell oil platform, outweighing a fairly bearish report from the International Energy Agency .

Oil rose above $69 a barrel on Monday after Nigeria's main militant group said it attacked a Royal Dutch Shell oil platform, outweighing a fairly bearish report from the International Energy Agency .

Dow Jones futures dipped 0.1 percent, S&P 500 futures were down 0.01 percent while Nasdaq futures traded 0.02 percent higher on Monday morning at 4:45 a.m. EDT, pointing to a flat opening for Wall Street's main equity indexes.

Oil rose above $69 a barrel on Monday after Nigeria's main militant group said it attacked an oil platform belonging to Royal Dutch Shell despite an amnesty offer from President Umaru Yar'Adua.

The dollar recovered a little ground on Monday after falling late last week on a renewed call by China for a super-sovereign reserve currency, and stocks traded just below the top of recent ranges.

Asian stock markets retreated on Monday as weaker oil prices hit energy shares, even with many investors sticking to the sidelines as the second quarter winds down.

Oil fell below $69 a barrel on Monday as the easing of tensions in energy-rich Nigeria prompted some investors to take profit.

Iran accused the United States of trying to destabilize it and sparked a new row with Britain on Sunday, underscoring the hardline leadership's efforts to blame post-election unrest on foreign powers rather than popular anger.

A partial recount of Iran's disputed June 12 presidential election began Monday, al-Alam state television reported.

Both Michael Jackson's family and his personal physician were at pains to explain on Sunday what caused the troubled pop star's sudden death weeks before his long-awaited comeback.

Asian stock markets were mixed on Monday as many investors stuck to the sidelines as the second quarter winds down, while the dollar recovered from a slide on worries about the push by major emerging countries for a reserve currency alternative.

Bernard Madoff, who became a symbol of greed in the financial crisis for masterminding Wall Street's biggest investment fraud, faces the rest of his life in prison in one of the stiffest punishments for white-collar crime when he is sentenced on Monday.