IBT Staff Reporter

Oil was steady above $72 on Tuesday after hitting a 10-month high the previous session, and analysts predicted increasing crude oil demand from U.S. refiners and technical factors would soon push prices higher.

Royal Bank of Scotland (RBS.L: Quote, Profile, Research) and its partners seeking to buy Dutch rival ABN AMRO for 71 billion euros ($96.6 billion) do not know many of the key facts relating to their target, documents showed on Tuesday.

Heart risks associated with Merck & Co.'s painkiller Vioxx began much sooner than the company has claimed, The Wall Street Journal Online reported on Tuesday, citing a new study.

The dollar steadied on Tuesday after two sessions of steep falls, hovering just above a record low against the euro, as investors eyed central bank meetings this week in Europe which could keep overseas yields climbing.

Fast food chain Jack in the Box Inc. on Monday said a U.S. court denied rival CKE Restaurants Inc.'s motion for a preliminary injunction that would have forced Jack in the Box to stop airing a TV ad mocking CKE's Angus hamburgers.

'Nanking,' a U.S.-made film documenting eyewitness accounts of atrocities committed by Japanese troops in China during World War Two, opened in Beijing on Tuesday, as the two countries struggle to mend strained ties.

AT&T Inc said on Monday delays in activating service for customers of Apple Inc iPhone had been mostly resolved after the wireless company worked out the problems on a case-by-case basis.

NetSuite Inc., billionaire Larry Ellison's software company that sells computer programs accessed over the Web, filed on Monday to raise up to $75 million in an initial public offering.

Software maker SAP AG admitted a subsidiary had carried out inappropriate downloads of documents belonging to archrival Oracle Corp but said on Tuesday SAP itself had not had access to that material.

U.S. buyout firm Cerberus Capital Management won approval from the European Commission on Tuesday to buy U.S. carmaker Chrysler from DaimlerChrysler.

United Capital Markets Holdings Inc. has stopped honoring refunds to investors in some of the firm's Horizon Strategy group hedge funds that invested in subprime-mortgage bonds, Bloomberg reported on its Web site on Tuesday.

Carlyle Capital Corporation Ltd. (CCC) confirmed on Tuesday it had cut the price and the number of shares in its initial public offering (IPO), a move it has put down to headwinds in the market.

Most companies in China, the United States, Canada and Britain have not laid out plans to improve their energy efficiency, despite growing concerns about global warming, a survey showed on Tuesday.

Internet media company Yahoo Inc. will offer its marketing clients tools to create more personalized advertisements to Web users as it strives to build its share of graphical display advertising.

Sport utilities showed modest improvement in rear-crash protection according to a U.S. insurance industry analysis released on Tuesday, but more than half the 87 light trucks tested fell short of optimum safety and pickups fared the worst.

Stocks rallied on Monday, the first day of the third quarter, boosted by a fresh round of takeover activity and data showing a pickup in manufacturing in June.

Stocks traded higher on Monday, supported by takeover news and data showing manufacturing growth accelerated last month, while bond prices gained in a flight-to-safety bid as police investigated attempted car bomb attacks in Britain.

The dollar tumbled to a 26-year low against sterling and declined across the board on Monday on continuing expectations that U.S. interest rates will remain steady while borrowing costs rise overseas.

Laboratory beakers are seldom featured in hotel rooms, but at the Dylan Hotel in New York they are standard bathroom issue.

Oil prices rose to 10-month highs above $72 on Monday on expectations that recovering refinery operations in the United States and ongoing supply restrictions will cut into global oil inventories.

Security concerns and a sharp drop in the dollar helped gold hit its highest level in nearly two weeks on Monday, but investors were expected to trade cautiously ahead of the U.S. Independence Day holiday.

Breathing new life into an old marketing symbol has often helped weakened companies boost sales -- a trend that appliance maker Maytag and retailer Kmart are hoping can happen again.

Boys who play video games on school days spend 30 percent less time reading and girls spend 34 percent less time doing homework than those who do not play such games, U.S. researchers said on Monday.

Och-Ziff Capital Management Group LLC, a multi-strategy investment fund with about $26.8 billion under management, filed for an initial public offering on Monday, making it the latest alternative investment firm to seek a public listing.

U.S. government bonds rose on Monday, sending yields to three-week lows as investors shrugged off robust factory data and instead sought a safe haven after recent attempted car bombings in the UK and an attack in Yemen.

Discount brokerage Charles Schwab Corp. said on Monday it is undertaking a $3.5 billion capital restructuring program following completion of the sale of U.S. Trust Corp., sending its shares up more than 7 percent.

Manufacturing growth accelerated in June to its fastest in over a year as the economy picked up momentum, according to a report published on Monday.

British cable operator Virgin Media said on Monday it had received a bid approach from an unnamed group, which sources familiar with the situation told Reuters was U.S. private equity firm Carlyle Group.

Casino operator Trump Entertainment Resorts Inc. said on Monday it did not reach a deal with potential acquirers and has ended discussions to sell itself, sending its shares down 18 percent.