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Winklevoss twins must accept Facebook deal: court

Mark Zuckerberg won a legal battle against former Harvard classmates who accuse him of stealing their idea for Facebook, but the feud made famous on the silver screen is not over yet.

Japan supply uncertainty looms for Toyota

Toyota Motor Corp <7203.T> on Monday warned that the uncertain supply of parts from Japan could threaten its output of vehicles through July, the latest sign of trouble for the global auto industry stemming from the massive Japanese earthquake a month ago.

Alcoa profit tops estimates but revenue misses

Alcoa Inc , the largest U.S. aluminum producer, reported a first-quarter profit that beat estimates, but its revenue missed Wall Street's target and its shares dropped 3 percent in after-hours trading on Monday.

World Market Overview Report 04/12/2011

U.S. blue-chip stocks eked out a slim gain Monday but other market measures fell slightly as investors traded cautiously ahead of the first quarter corporate earnings season.The Dow Jones Industrial Average closed up 1.06 points, or 0.01%, at 12381.11. The Nasdaq Composite shed 8.91, or 0.32%, to 2771.51. The Standard & Poor's 500-stock index slipped 3.71, or 0.28%, to 1324.46. The mixed activity came as investors looked ahead to the first-quarter earnings season, which kicked off unoffic...

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Fed to stick with low rates, despite oil price rise

Two of the Federal Reserve's most powerful officials said on Monday the U.S. central bank should stick to its super-easy monetary policy, arguing inflation is not a threat and unemployment remains too high.

Navy Demonstrates Laser Weapon, Disables Target

The Navy has made a significant step in laser defense with its Maritime Laser Demonstrator system.

Facebook Entering China: Impact on Baidu

It is widely reported that Facebook has obtained a license to operate in China and most likely, the operation will be done through a joint venture with Chinese internet giant Baidu.

Outlook for industrialized nations improving: OECD

The growth outlook for major industrialized economies is improving with Germany and the United States leading the recovery, the OECD's leading indicator for February showed on Monday.

Futures gain on earnings optimism

Stock index futures edged up on Monday as hopes for a strong earnings season offset some concerns about another earthquake in Japan.

Traders work on the floor of the New York Stock Exchange

Pre-market movers on April 11 (TYC, SYMC, CLF, APOL, HAL, MON, AA, DPS, PPL )

The companies whose shares are moving in pre-market trade on Monday are: Tyco International, Symantec, Cliffs Natural Resources, Apollo Group, Halliburton, Monsanto, Alcoa, Dr Pepper Snapple Group and PPL Corp.

Futures edge up on earnings hopes

Stock index futures edged up on Monday as hopes for a strong earnings season offset some concerns about another earthquake in Japan.

Travel in Japan rebounding a month after the quake

Local travel agencies are reporting of tourism to have started gaining momentum in the country, a month after the massive magnitude 9.0 earthquake, which triggered the tsunami and nuclear crisis in Japan.

Commodities ride high; euro zone debt hit

Commodities prices rose on Monday, pushing the Reuters-Jefferies CRB index to a fresh two-and-a-half year high on a weaker dollar and strong trade data from China.

Wall St futures signal higher open; earnings eyed

Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.1 to 0.3 percent.

China slams US for interfering in the country’s internal affairs

In a report released Sunday, China's State Council Information Office hits out at the US government for practicing double standards on human rights and interfering with other countries' internal affairs while ignoring its own deep-rooted human rights issues.

China is now third-biggest tourist hot spot in the world

It's the first time China appeared in the top three slot, followed by France, which had 78.95 million arrivals, and the United States, which had 60.88 million.

World auction records set at Sotheby’s 'Important Watches Spring' sale

Sotheby's Hong Kong Important Watches Spring Sale 2011 held on April 7, 2011 achieved the highest total for the Various Owner sale of Important Watches category in Hong Kong.

Global military spending hits high but growth slows

Worldwide military spending edged up in 2010 to a record $1.6 trillion, a leading think-tank said on Monday.

As worry list grows, G20 gets wonky

While the world watches revolutions in the Arab world and a nuclear crisis in Japan, the Group of 20 is engrossed in an esoteric debate over something called indicative guidelines.

French probe espionage at defense firm unit: report

France's intelligence services have unearthed a case of suspected industrial espionage at an engine subsidiary of French aerospace and defense firm Safran, Le Monde newspaper said in its weekend edition.

BMW presents a new hybrid concept for the Chinese market

In the run-up to the international automobile trade show Auto Shanghai 2011, BMW Brilliance Automotive presented a new concept of a premium-segment plug-in hybrid sedan.

China posts trade deficit in sign of rebalancing

China recorded a rare trade deficit in the first quarter of the year on the back of domestic economic strength and rising global commodity prices, the customs administration said on Sunday.

China posts small March trade surplus, deficit in Q1

China recorded a rare trade deficit over the past three months on the back of domestic economic strength and rising global commodity prices, the customs administration said on Sunday.

Bank of England's Haldane warns of emerging market asset bubbles

Emerging markets are likely to be increasingly prone to asset price bubbles in coming years due to capital inflows from advanced economies and strong domestic saving, a top Bank of England official said on Saturday.

Late budget deal avoids costly shutdown

President Barack Obama and congressional leaders struck a last-minute budget deal on Friday to narrowly avert a government shutdown that would have hit the economy and idled hundreds of thousands of workers.

Obama, Congress in deal to avert government shutdown

President Barack Obama and congressional leaders reached a last-minute budget deal on Friday, averting a government shutdown that would have idled hundreds of thousands of federal workers.

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