CHINA

Fans are gearing up for the next installment in Treyarch and Activision?s military first-person shooter franchise. ?Call of Duty: Black Ops 2? will be released just in time for the holiday season on Nov. 13th and will take place in a futuristic Los Angeles setting.

In 2010 Microsoft filed a lawsuit against Motorola over patent fees for Xbox 360 technology. The phone manufacturer then countered with a lawsuit against Microsoft that could affect Xbox 360 sales in the United States.

Shares of DELL (Nasdaq: DELL), the No. 3 PC maker, plunged as much as 15 percent after the company reported first-quarter results that trailed analyst estimates for both income and revenue and issued a poor forecast.

After his visit to Las Vegas, Nev. for the 2012 Billboard Music Awards, Ray J was so partied out that he had to be hospitalized for exhaustion, according to his rep. Ray J, 31, landed in the hospital Monday morning when exhaustion set in after a night of partying for a product launch party, according to a statement from his spokesperson, and will remain there for treatment for exhaustion and jet lag for an undisclosed amount of time.

The talks between representatives of the U.S., Russia, France, Britain, Germany, China and Iran are aimed at diffusing rising tension in the region, with Iran seeking a reprieve from crippling sanctions imposed on its energy and banking sectors.

China will step up policy fine-tuning to support the economy, which faces increasing downward pressures, Premier Wen Jiabao said at a regular cabinet meeting on Wednesday.

Asian stock markets declined Wednesday as renewed concerns of Greece's probable exit from the euro zone dampened sentiment.

Dell Inc. (Nasdaq: DELL) reported first-quarter results that trailed analyst estimates for both income and revenue and issued a poor forecast for the current quarter

Comments regarding a rebound in the Chinese economy from the Organization for Economic Cooperation and Development lifted stocks earlier Tuesday and kept Asian and European bourses in the green. The comments came after Chinese Prime Minister Wen Jiabao said last weekend his government would focus more on growth than inflation.

The G8 leaders also said that it is ?our imperative to promote growth and jobs?.

Shares of Dell (Nasdaq: DELL), the No. 3 PC maker, rose nearly 2 percent Tuesday, in advance of the company?s report of first-quarter results.

International Business Machines Corp. (NYSE: IBM), the No. 2 computer maker, said it opened a new center in Da Nang, Vietnam, its third center in the Southeast Asian country.

The North Koreans even demanded a ransom of 400,000 Yuan ($63,000) per ship, Beijing refused to pay.

The U.S. sale of advanced F-16s fighter jets to Taiwan is looking more likely than ever of being formalized into law, after being approved by the U.S. House of Representatives.

Over one-third of the drugs distributed to fight malaria in sub-Saharan Africa and Southeast Asia over the last 10 years were either fake or of poor quality, according to a report published by the Lancet on Tuesday.

Days after France attempted to ban a genetically-modified strain of maize created by the controversial agricultural company Monsanto, based in St. Louis, Mo., the European Food Safety Authority (EFSA) rejected France's grounds for banning the maize, even though France believes the corn is harmful to the environment.

Best Buy Co. Inc. (NYSE: BBY) reported a 26 percent drop in its fiscal first-quarter profit due largely to higher restructuring costs compared to last year, but the earnings topped Wall Street's expectations.

As U.S. entertainment companies look for new opportunities in light of a stagnant home market, new partnerships with China are emerging, but the process of linking media worlds between the two countries is also a two-way street.

The measure grants President Barack Obama the power to impose sanctions against any country or company that enters into a joint venture or offers technology to assist Iran's uranium or oil industries.

The United States and Japan are leading a fragile economic recovery among developed countries that could yet be blown off course if the euro zone fails to contain the damage from its problem debtor states, the OECD said on Tuesday.

The companies whose shares are moving in pre-market trading on Tuesday are: STMicroelectronics, Ceragon Networks, Trina Solar, Vodafone Group, Mellanox Technologies, Nokia Corp, Cellcom Israel and AstraZeneca plc.