IBT Staff Reporter

The world's airlines have committed to achieve carbon neutral growth by 2020, the head of the global aviation body IATA said on Monday.

The Chinese government has required that personal computer makers bundle a software that filters Internet content from July 1, according to a Ministry of Industry and Information Technology document seen by Reuters.

Stock index futures pointed down about 1 percent on Monday after three weeks of gains, while markets awaited word from the government about the repayment of bank bailout money this week.

Indiana pension funds and consumer groups asked the U.S. Supreme Court on Sunday to stop the sale of bankrupt automaker Chrysler LLC to a group led by Italian carmaker Fiat SpA while they challenge the deal.

Oil fell by $1 toward $67 a barrel on Monday as a stronger dollar prompted a retreat from a seven-month high above $70 hit last week.

Stock index futures pointed down about 1 percent on Monday after three weeks of gains, and markets awaited government word about the repayment of bank bailout money this week.

Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 1 percent, Dow Jones futures down 0.9 percent and Nasdaq 100 futures down 1.1 percent.

Global airlines are likely to lose $9 billion this year, the International Air Transport Association said on Monday, nearly double its estimate of just three months ago, as rising fuel prices and weak demand create an unprecedented crisis for the industry.

Barclays Plc is in talks to sell Barclays Global Investors , the British bank said on Monday, with U.S. fund manager BlackRock the frontrunner to land the asset manager for about $12 billion.

Global airlines are likely to lose $9 billion this year, the International Air Transport Association said on Monday, nearly double its estimate of just three months ago, as rising fuel prices and weak demand create an unprecedented crisis for the industry.

Sweden's Pirate Party, striking a chord with voters who want more free content on the Internet, won a seat in the European Parliament, early results showed on Sunday.

Two senior Europe-based partners in U.S. private equity firm Cerberus, majority owner of carmaker Chrysler, have left the company, the Wall Street Journal reported, citing a person familiar with the company.

U.S. food maker General Mills Inc said it expects fiscal 2009 earnings to exceed its prior profit outlook by several cents, due to a good operating performance and a lower quarterly tax rate.

Indiana pension funds and consumer groups asked the U.S. Supreme Court on Sunday to stop the sale of bankrupt automaker Chrysler LLC to a group led by Italian carmaker Fiat SpA while they challenge the deal.

Boston mutual fund giant Fidelity Investments and New York private equity firm Kohlberg Kravis Roberts & Co. have struck a deal to sell shares of KKR initial public offerings to retail customers, hoping for a comeback in the frozen market.

Global airlines are likely to lose $9 billion this year, the International Air Transport Association said on Monday, nearly double its estimate of just three months ago, as rising fuel prices and weak demand create an unprecedented crisis for the industry.

The dwindling U.S. financial bailout fund will get a boost this week with repayments from some large banks and could see more resources freed up as once-ambitious programs to buy up toxic bank assets shrink.

At a packed stall during the Computex show in Taiwan this week, young buyers excitedly put on 3D-enabling glasses that turned flat images on PC screens into solid objects.

China's government wants all PCs sold in the country from July 1 to be loaded with software that blocks certain websites, the Wall Street Journal reported on Monday.

The internet has been buzzing with rumors that Heroes star Hayden Panettiere is pregnant.

Brazilian military authorities said Sunday that search boats in the Atlantic Ocean found 17 bodies of passengers that were on board the Air France plane with 228 people on board that crashed last week Sunday.

BlackRock Inc is trying to clinch a deal for a Barclays unit, but Bank of New York Mellon could step in with an offer for Barclays Global Investors if the talks drag on, the Financial Times reported on Sunday.

Professor Rajeev Motwani, a Stanford professor who inspired the co-founders of Google and influenced a generation of computer scientists, died at his Calif., home on Friday.

Home Depot's stock price looks like a bargain as the home improvement has slowed expansion and tried to improve customer service under Chief Executive Frank Blake, according to the latest issue of Barron's.

South Korea has outlined a plan to counter a possible missile attack by North Korea, including airstrikes on a missile base, Seoul's Yonhap News reported on Sunday citing military sources.

Israeli Prime Minister Benjamin Netanyahu said on Sunday he would strive for maximum understanding with Washington on peace issues but gave no sign he intends to bow to its demand to halt settlement expansion.

The United States is looking into putting North Korea back on a list of state sponsors of terrorism in response to its nuclear test last month, U.S. Secretary of State Hillary Clinton said in an interview on Sunday.

Search crews retrieved four more bodies from a crashed Air France jet on Sunday, spotted other corpses and found a large amount of debris from the plane that plunged into the Atlantic ocean.

Home Depot's stock price looks like a bargain as the home improvement has slowed expansion and tried to improve customer service under Chief Executive Frank Blake, according to the latest issue of Barron's.