CHINA

Oil's Dip.

ENI Leads Libya Oil Race, Rebels Warn Russia,China

Italian oil company Eni led the charge back into Libya on Monday as rebels swept into capital Tripoli, hailing the end of Muammar Gaddafi's rule and warning Russian and Chinese firms of contract revisions.

Investors Cautious on Prospect of Macarthur Bidding War

Handout photograph of handling and processing equipment operating above a coal stockpile at Macarthur Coal's Coppabella mine
Investors were cautious on Monday on the prospect of rivals challenging Peabody Energy's (BTU.N) bid for Macarthur Coal (MCC.AX), though sources familiar with the matter said potential suitor Anglo American (AAL.L) was studying the books.

Rebels Hold Most of Tripoli, Gaddafi Out of sight

Rebel fighters celebrate after taking partial control of the coastal town of Zawiyah,
Libyan government tanks and snipers put up scattered, last-ditch resistance in Tripoli on Monday after rebels swept into the heart of the capital, cheered on by crowds hailing the end of Muammar Gaddafi's 42 years in power.
More news
Former Apple CEO Steve Jobs with iPad

iPad 3 will Launch Early 2012?

Apple might start manufacturing the next generation iPad from October in cooperation with its Asian component suppliers and assemblers in order to release the tablet early next year, an anonymous source told WSJ.
U.S. Vice President Biden and China's Premier Wen smile during their meeting at Zhongnanhai leadership compound in Beijing

Biden Tells China Not to Count out U.S. Strength

U.S. Vice President Joe Biden on Sunday rejected views that American power is waning and said Washington would never default, wrapping up a China visit that has played down tensions between the world's two biggest economies.
A striking Verizon worker walks the picket line in front of a Verizon wireless store in New York

Verizon Strike to End With Bargaining Pact

Almost half of the workers in Verizon's wireline business went on strike on August 7 after talks for a new labor pact failed when their contract expired.
International Business Times Logo

Indian Gold Buyers May Scale Back Purchases - Analyst

Gold buyers in India, the world's largest consumer of the yellow metal, are investing in it on expectations prices may rise, but imports are likely to fall as limited budgets buy less gold, the head of India's biggest importing bank told Reuters on Saturday.
Rick Perry

Rick Perry Perryisms: 10 Things RP Might Say If Elected President

Republican presidential candidate and Texas governor Rick Perry has shown a flair for putting his foot in his mouth -- or someone else's mouth. He suggested Fed Chairman Ben Bernanke is treasonous. He once suggested the BP oil spill might have been an act of God instead of corporate errors. Here's 10 things Perry might say if elected President.
Gold trader

Fearful Friday: Gold, Silver Surf Global Angst to New Heights

From dawn in Tokyo to dusk in New York on Friday, fear lifted gold to a record high -- its fifth such day in a row -- and boosted silver, too, as the world's investors succumbed to the accumulated effect of one emerging danger after another.
China-U.S. basketball "friendly" erupts into brawl

China-U.S. basketball friendly erupts into brawl

As U.S. Vice President Joe Biden built trust with China in Beijing's corridors of power, goodwill between the two nations unravelled Thursday night on a nearby basketball court, where players traded kicks and punches and even a chair was thrown.
Biden

In China, Biden Pulls Punches, Not Punch Lines

U.S. Vice President Joe Biden, in China on a five-day charm mission, has worked hard with his hosts to inject a little amity into the sometimes fractious relationship, pulling punches but not his punch lines.
General view of the Tema oil refinery near Ghana's capital Accra

Somaliland in port deal with China businessmen

Somaliland has struck a deal with Chinese businessmen to extend its Berbera port as well as TO build a refinery and new roads in the breakaway northern enclave, its president said.
Oil's Dip.

China's demand for W. African crude jumps -trade

China's buying of West African crude oil is set to rise about 15 percent in September from August, trade sources said on Friday, but overall Asian imports from West Africa will fall due to slower Indian demand.
Biden seeks to reassure China on U.S. debt

Biden seeks to reassure China on U.S. debt

U.S. Vice President Joe Biden on Friday said China had nothing to worry about concerning the safety of its vast holdings of Treasury debt, while China's Premier Wen Jiabao gave a ringing endorsement of the resilience of the debt-ridden U.S. economy.

Apple iPad 3 Revolution Delayed

The upcoming iPad 3 is due to arrive in early 2012 and is expected to go into trial production by October.
International Business Times Logo

Copper Price Steadies After Big Drop

Copper steadied on Friday, pausing for breath after the previous session's hefty falls, although growing concerns about a slowdown in the United States and a debt crisis in Europe weighed on sentiment and capped further gains for the metal.
International Business Times Logo

Rusoro Unfazed by Chavez Nationalizing Gold Industry

Toronto-listed miner Rusoro appeared unfazed on Thursday by President Hugo Chavez's move to nationalize Venezuela's gold industry, saying it believed the decision only targeted illegal miners.
South African runner Caster Semenya talks to journalists during a news conference in Stockholm

Semenya Camp Insist Athlete Ready to Defend 800m Title

South African 800 meters world champion Caster Semenya has shrugged off talk of injury, weight issues and a rift in her camp to declare herself ready to defend her title in Daegu, South Korea early next month.
Apple iPhone 5 in production?

Leaked: Possible iPhone 5 Production Photos [Photos]

Apple fans have reasons aplenty to rejoice. If rumors are to be believed then the images in this article were taken from a factory in China where employees are working on iPhone displays.

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