UNITED STATES

The new network plans to beat rivals Bloomberg and CNBC by cutting out the business lingo.

Banks will likely be reluctant to make new business loans if tight credit conditions persist, hampering capital spending and the economy in the coming months, according to Goldman Sachs.

The dollar rose on Tuesday from record lows as investors trimmed bets of further declines in the U.S. currency ahead of key economic data later this week.

Warm weather in parts of the United States in recent weeks could hurt September same-store sales, as consumers put off purchases of fall items like fuzzy sweaters and outerwear.

Oil fell below $80 a barrel on Tuesday, retreating for a third day as a strengthening dollar and concerns about the world economy prompted investors to take profits.

Major League Baseball said on Tuesday it will use a service provided by a joint venture of Medialink Worldwide Inc and the Netherlands' Philips Electronics to track the use of its game broadcast footage more effectively.

Taiwan's second-largest telecoms carrier, Far Eastone Communications Co Ltd, said on Tuesday it plans to launch its own-branded GPS device by the end of this year and hopes to sell three million units next year.

Pepsi Bottling Group Inc reported better-than-expected quarterly profit on Tuesday due to higher prices and continued cost savings, and raised its full-year outlook, sending its shares up more than 4 percent to an all-time high.

U.S. security contractor Blackwater defended its role in Iraq on Tuesday but skeptical lawmakers took aim at the company over a series of incidents, including a September 16 shooting that killed 11 Iraqis.In a testy, partisan hearing, Democrats denounced the contractor for aggressive behavior. The State

Home builder stocks rallied for a second consecutive day on Tuesday as investors gambled that the struggling U.S. housing market, with a chance of further interest-rate cuts, may have bottomed out and now is the time to buy, investors said.

Global warming will produce stay-at-home tourists over the next few decades, radically altering travel patterns and threatening jobs and businesses in tourism-dependent countries, according to a stark assessment by U.N experts.

Gold fell 2.7 percent on Tuesday as a rising dollar prompted investors to take profits from the metal's 28-year highs, but analysts said the upward trend remained intact.

The Qatar Investment Authority filed for regulatory approval to take a bigger stake in OMX on Tuesday, raising the prospect of a bidding war for the Nordic firm with rival Dubai and its ally Nasdaq.

Canada's Toronto-Dominion Bank will buy Commerce Bancorp Inc in a cash-and-stock deal worth $8.5 billion which will expand its footprint in the United States, the banks said on Tuesday.

Citigroup said it would buy out minority shareholders in scandal-hit Japanese brokerage Nikko Cordial Corp for $4.6 billion, as part of the financial giant's push into the world's second-largest economy.

Want to walk for a good cause but find yourself strapped for time or physically incapable? Welcome to the virtual walk where you can raise money for charity without ever stepping out the front door.

Global stocks hit a record high on Tuesday, lifted by financial companies after subprime losses detailed by big banks, including Citigroup Inc, raised hopes that the worst of the credit squeeze may be over.

U.N. envoy Ibrahim Gambari met Myanmar junta boss Than Shwe on Tuesday in a bid to end a bloody crackdown on the biggest democracy protests in 20 years, a diplomat said.

Oil prices fell sharply toward $80 a barrel on Monday as investors took profits from the near-record highs of last week and weighed the threat of a deeper economic slowdown in the United States.

Despite the recent requirement for companies to disclose more about executive compensation, a majority of corporate directors still feel that chief executive pay is out of control, a survey showed on Monday.

The next head of the International Monetary Fund said on Monday that the multilateral organisation created to assist the world economy after World War Two needed to adapt to a new global economic order and downsize or die.