IBT Staff Reporter

Defeated presidential candidate Mirhossein Mousavi urged supporters to stage protests or gather in mosques to mourn those killed after disputed elections that set off Iran's worst unrest since the 1979 Islamic Revolution.

Toyota Motor Corp is preparing to ramp up production of the hot-selling Prius hybrid by adding weekend shifts, and denied a report that it was considering building the model at a plant in California held jointly with General Motors Corp.

European carbon has fallen by almost a fifth in the past month as utilities profited from a recent doubling in emissions prices, but analysts say Europe has to heat up or permit prices drop further before buyers return.

Stock index futures were little changed on Wednesday as caution prevailed ahead of key inflation data for May and quarterly results from package delivery company FedEx Corp that may shed light on the strength of the economic recovery.

The Boston Globe and its largest union ended this week's second marathon round of talks early Wednesday morning without a deal on pay and benefit cuts, and plans to meet again next week.

The Asian Development Bank (ADB) said on Wednesday it will up its investment in clean energy to $2 billion a year from 2013 to significantly dampen carbon growth and cut greenhouse gas emissions in the region.

Qatar expects to reveal the outcome of talks on buying a stake in ailing German sportscar maker Porsche SE in two to three weeks, the country's prime minister said, according to media reports.

Stock index futures were little changed on Wednesday as caution prevailed ahead of key inflation data for May and quarterly results from package delivery company FedEx Corp that may shed light on the strength of the economic recovery.

Climate change has already caused visible impacts in the United States and poses particular risks to the U.S. agriculture and energy industries, a new government report said on Tuesday.

Swedish carmaker Saab secured a key court ruling on Wednesday to cut billions of crowns in debt, paving the way for its proposed takeover by local sportscar maker Koenigsegg.

U.S. wireless carriers Verizon Communications and AT&T took issue with assertions that they colluded in setting prices for text messages, saying on Tuesday that prices for most customers had fallen and the market was competitive.

Real estate tycoon Donald Trump has made a bid to buy New Jersey casino operator Trump Entertainment Resorts Inc, which in February logged its third bankruptcy filing, the Wall Street Journal reported on Tuesday.

An Iranian provincial prosecutor has warned that the few elements behind post-election unrest could face the death penalty under Islamic law, an Iranian news agency reported Wednesday.

NASA canceled the launch of space shuttle Endeavour on Wednesday for the second time after a potentially dangerous hydrogen gas leak surfaced while the ship was being fueled for flight.

Supporters of Iran's defeated presidential candidate Mirhossein Mousavi aim to keep pressure up with new protests on Wednesday over a disputed poll which has led to the biggest upheaval since the 1979 Islamic revolution.

Swedish carmaker Saab Automobile secured a key court ruling on Wednesday allowing it to cut billions of crowns of debt and paving the way for a takeover of the General Motors unit by local sportscar maker Koenigsegg.

Boeing Co will discuss added costs for its B787 airliner with supplier partners after the plane's first flight, Boeing Chief Executive Jim McNerney said in an interview published on Wednesday.

Ferdinand Piech, a co-owner of Porsche , is resisting a quick decision to let the Gulf state of Qatar take a minority stake in the German automotive group, the Financial Times Deutschland reported.

Twitter, the social networking site favored by some celebrities, has gone high-brow with a performance from James Joyce's 1922 novel Ulysses.

Asian stocks outside Japan fell for a fourth day on Wednesday, weighed by resource-related shares and doubts about a global economic recovery, while U.S. Treasuries eased on profit taking after a surge overnight.

The Obama administration on Tuesday said it will back repealing a hard-to-enforce tax on personal use of work cellphones, appeasing the business community, phone makers and users.

Morgan Stanley is planning more changes in its prime-brokerage division to get back some of its hedge-fund clients that left the company last year, the Wall Street Journal said.

Most stocks in Asia edged lower on Wednesday, weighed down by resource-related shares and doubts about a global economic recovery, while oil slipped below $70 a barrel ahead of U.S. inventory data that could reflect slowing energy demand.

President Barack Obama will unveil on Wednesday his plans for reshaping U.S. financial regulation, with proposals to close one bank regulator and create new overseers for big-picture economic risk and consumer financial product safety.

The Obama administration plans to streamline U.S. bank oversight and put the Federal Reserve in charge of monitoring big-picture economic risks in a sweeping regulatory overhaul to be formally unveiled on Wednesday, a senior administration official said.

Most stocks in Asia edged lower on Wednesday, weighed down by resource-related shares and doubts about a global economic recovery, while oil slipped below $70 a barrel ahead of U.S. inventory data that could reflect slowing energy demand.

For more than six months after Sun Microsystems warned the world of flaws in its Java virtual machine, Apple finally released security updates for Mac OS X and Mac OS X Server 10.4.11 and 10.5.7.

Palestinians in the Gaza Strip are being treated more like animals than human beings, former U.S. president Jimmy Carter said on Tuesday.

The House of Representatives on Tuesday narrowly backed a $106 billion bill to pay for the U.S. wars in Iraq and Afghanistan and extend billions in new credit to the International Monetary Fund.