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Mazda sees op profit more than trebling this year

Mazda Motor Corp forecast on Tuesday more than trebling its operating profit this year, counting on the Mazda5 minivan and other new models to drive a sales recovery in the United States and Japan.

Trial begins in Lehman, Barclays dispute over sale

Attorneys for Lehman Brothers Holdings Inc and Barclays Plc sparred in court on Monday as they began a trial over whether the British bank received an improper $11.2 billion windfall from its takeover of Lehman's core U.S. brokerage in September 2008.

Google loses Verizon, changes Nexus One plans

Google Inc said it no longer plans to offer a version of its Nexus One smartphone for the Verizon Wireless network and will change its distribution plans in Britain, underscoring the challenges facing the Internet search company as it expands into the mobile phone market.

Massey director defends CEO, assails unions

Massey Energy Co , owner of the West Virginia coal mine where 29 miners were killed three weeks ago, accused unions on Monday of spreading a big lie that the company had traded safety for profit.

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General Growth bankruptcy exit plan hearing delayed

Mall owner General Growth Properties Inc said a U.S. Bankruptcy Court hearing scheduled for Thursday has been rescheduled to next week, giving it more time to talk to larger rival Simon Property Group Inc and other potential investors.

Treasury begins sale of Citigroup stake

The U.S. Treasury on Monday plans to start selling off its 27 percent stake in Citigroup , the latest step in the Obama administration's effort to end unpopular bailout programs.

S&P dips as profit fears hit banks; CAT lifts Dow

U.S. stocks edged lower on Monday as bank shares fell on fears that financial reform making its way through Congress will curb profits, while Caterpillar's strong results buoyed the Dow.

Townsville turns for US help due to sperm shortage

Local fertility groups in Townsville now seek help from the US as they are running out of the supply of sperms.

Charles River to buy WuXi Pharma for $1.6 billion

U.S. clinical research company Charles River Laboratories International agreed to buy Chinese rival WuXi PharmaTech for $1.6 billion to expand its presence in China and deepen its expertise in drug-discovery services.

Hertz to buy Dollar Thrifty for $1.2 billion

Hertz Global Holdings Inc agreed to buy smaller rival Dollar Thrifty Automotive Group Inc for about $1.2 billion in a deal that will make it the second-biggest U.S. car rental company.

Court lets Wal-Mart gender bias suit proceed

A sex-discrimination lawsuit by female employees of Wal-Mart Stores Inc can proceed as a class-action case seeking back pay and other claims against the U.S. retailer, a U.S. appeals court ruled on Monday.

Oil dips below $85; Greece worries, supplies weigh

U.S. oil fell below $85 a barrel on Monday as Greece's festering debt crisis pushed the U.S. dollar up and as the oil market girded for further growth to inventories in the United States, the world's top energy consumer.

Pirates rewrite script for Apple's China iPad launch

Just three weeks after the global launch, bootleg versions of Apple Inc's hot-selling iPad tablet PCs have begun showing up on the shelves of online and real-world shops in piracy-prone China.

U.S. bank leader sees new rules passing

Republicans will eventually vote for financial reform, paving the way for the completion this year of a massive rewrite of rules for banks and financial markets, the head of the American Bankers Association said on Monday.

Google smartphone coming to stores, no Verizon

Google Inc's Nexus One smartphone will be sold in Vodafone retail stores in Britain at the end of the month and the company said there are no longer plans to offer a version of the phone that uses the Verizon Wireless network in the United States.

Home vacancy rate falls to 2.6 percent

The share of empty U.S. homes fell slightly in the first quarter, a government report on Monday showed, though vacancies remained at elevated levels amid continued weakness in the housing sector.

Caterpillar lifts Dow, but banks limit gains

The Dow industrials rose on Monday on Caterpillar's strong results, while weak bank shares left the broad S&P 500 index little changed.

Caterpillar's first quarter beats Street, raises outlook

Caterpillar Inc reported a stronger-than-expected quarterly profit on Monday and raised its full-year profit and sales forecasts, citing an improving global economy, especially in Asia and Latin America.

Massey Energy director defends CEO, assails unions

Massey Energy Co , owner of the West Virginia coal mine where 29 miners were killed three weeks ago, accused unions on Monday of spreading a big lie that the company had traded safety for profit.

Derivatives differences trigger alarm bells

Differences over how Europe and the United States plan to regulate derivatives is muddying the picture for buyers, who could be saddled with higher costs, a top industry official told the Reuters Global Financial Regulation Summit.

GE, Nissan agree to research vehicle charging

General Electric Co and Nissan Motor Co on Monday announced a three-year agreement to collectively research development of charging stations for electric vehicles.

Magna wins Volkswagen supply contracts

Canadian auto parts maker Magna International said on Monday it has won contracts to supply a variety of components and systems for Volkswagen Group of America's new mid-sized sedan, expected to hit the U.S. market in 2011.

Harm reduction needed to cut drug-user AIDS risk

(Reuters) - Barely a twentieth of the estimated $3.2 billion needed is put into preventing drug users spreading the AIDS virus, experts said on Monday, and the shortfall is fuelling HIV epidemics in parts of Europe and Asia.

Whirlpool sees strong 2010; shares soar

Whirlpool Corp's quarterly profit and full year forecast surpassed Wall Street estimates, helped by sales in Brazil, Asia and North America, sending shares in the world's largest appliance maker up 14 percent.

Markets advance on Caterpillar results, M&A

U.S. stocks rose on Monday on strong results from Caterpillar and a flurry of merger-and-acquisition activity, though weakness in financial shares limited gains.

Caterpillar beats forecasts, raises outlook

Caterpillar Inc , the world's largest maker of earth-moving equipment, reported stronger-than-expected quarterly profit on Monday and raised its full-year forecast, saying economic conditions are definitely improving, especially in Asia and Latin America.

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