INVESTMENT

The world is running out of time to make sure there is enough food, water and energy to meet the needs of a rapidly growing population and to avoid sending up to 3 billion people into poverty, a U.N. report warned on Monday.

Automotive aftermarket retailer Pep Boys - Manny, Moe & Jack (NYSE:PBY) said Monday it will be purchased by The Gores Group, a U.S. investment firm, for $1 billion.

Southeast Asian carriers are set to profit from the expected surge in the number of leisure and business travellers to Myanmar as it re-emerges from political isolation.

Apple, which was left upset by how the iPhone 4S launch party in Mainland China, was spoiled by scalpers, has set up a lottery system, for the iPhone fans in Hong Kong, aimed to keep the scalpers at bay.

Travelers hoping to catch a glimpse of the glittering Shwedagon Pagoda or hear the tinkly temple-bells of Kipling's Road to Mandalay might one day be able to book into a Westin or a Marriott, thanks to Myanmar's emergence from political isolation.

U.S. home prices are expected to continue to fall in S&P/Case-Shiller Housing Index data through November 2011, to be released on Tuesday, Jan. 31.

After releasing a much-talked about teaser last week, Honda unveiled the full Ferris Bueller Super Bowl 2012 commercial on Monday.

Facebook's initial public offering is likely to set a new standard for how low investment banks are willing to go on advisory fees to win big business.

Imagined by Honda officials for almost 30 years, the Japanese auto maker is expecting to make its first HondaJet delivery next year, and intends to carve out a 25 percent market share of the world's business jets.

Japan’s population may shrink by one-third over the next fifty years.

Bank of America Corp is shaking up the leadership of its investment bank as it looks to find its footing in a difficult market environment.

Japan's second-biggest refiner, TonenGeneral Sekiyu KK, said on Monday its $4-billion purchase of a controlling stake in itself from U.S. oil major Exxon Mobil Corp would help speed business decisions.

The top aftermarket NYSE Losers Friday were: Pharmerica Corp, MGIC Investment, Telefonos de Mexico, K-V Pharmaceutical, Alon USA Energy, Kindred Healthcare, Vitamin Shoppe and FelCor Lodging Trust.

Delivery trucks wear out, computers break down, software becomes outdated -- and finally businesses have to start investing in new equipment. Companies that want to remain competitive have to start spending again as an economy slowly recovers.

On the European currency, a mood of short-term relief tinged with longer-term doubt prevails among the world's movers and shakers at this year's World Economic Forum session in the Swiss Alps.

January has turned out to be strong for stocks with just two trading days to go. If you're afraid to miss the ride, there's still time to jump in. You just might want to wear a neck brace.

January has turned out to be strong for stocks with just two trading days to go. If you're afraid to miss the ride, there's still time to jump in. You just might want to wear a neck brace.

A tumultuous 12 months that saw revolutions in the Middle East, a worsening debt crisis in Europe and a tsunami in Japan has set the tone for corporate activity in 2012.

Awaiting the Great Transformation: Myanmar opposition leader Aung San Suu Kyi called on Sunday for changes to the military-drafted constitution in her first political trip since ending a boycott of the country's political system last year and announcing plans to run for parliament.

Foreign direct investment (FDI) in India is set to swell in coming years as investors stomach a lack of transparency, poor infrastructure, and policy paralysis in their search for growth, professional-services firm Ernst & Young (E&Y) said in a report.

Canada's Algonquin Power and Utilities Corp. said it would not go ahead with its planned $83 million purchase of a minority stake in U.S.-based wind-farm operator First Wind Holdings, citing regulatory delays in Maine.