UNITED STATES

The creator of classic computer game Doom, id Software, unveiled on Friday its eagerly anticipated next game, Rage, in which players fight an oppressive government in a post-apocalyptic world.

The head of Freddie Mac, one of the biggest U.S. mortgage finance companies, dismissed suggestions that his company should step in to bolster sagging financial markets by buying distressed loans, the New York Times reported on Saturday.

Global cooperation is the only way to improve food safety, Chinese official media said on Sunday after yet another week of global anxiety about the quality of goods from China.

A Delaware court will wait for a U.S. regulatory review to be completed before it decides what economic rights Chicago Board of Trade exercise right holders have in the Chicago Board Options Exchange, the parties involved in the case said on Saturday.

Barclays' offer period for Dutch bank ABN AMRO will run until October 4 and the British bank's bid will be declared unconditional if at least 80 percent of ABN shares have been tendered, a filing showed.

The U.S. House of Representatives on Saturday passed a Democratic rewrite of U.S. energy policy that strips $16 billion in tax incentives away from Big Oil and puts it toward renewable energy sources like wind and solar power.

DaimlerChrysler AG said on Friday it had completed the sale of an 80 percent stake in its U.S. unit, Chrysler Group, to private equity firm Cerberus Capital Management.

Is this the start of the latte recession? The company implies that customers may be cutting back on that extra Frappucino.

India and China are the new drivers of global economic growth, replacing the United States and other developed countries, according to Rodrigo Rato, managing director of the International Monetary Fund.

Buyout firms will start to use a higher percentage of equity and seek smaller deals at lower prices as they face an end to the easy money which fuelled an unprecedented wave of takeovers.

The high-level meeting would bring together the world's biggest polluters to find ways to reduce greenhouse gas emissions.

The United States is working on deals with China to bolster safety controls on Chinese-made foods and medical products, the U.S. said on Friday as international consumer alarm continued to pummel Beijing.

Stocks slid sharply on Friday after Bear Stearns said credit markets were in their worst shape in two decades, while jobs data aroused further concerns about weakness in the economy.

After years of socializing, Facebook and MySpace mean business. The sites, which started as a way to help people stay connected with friends, in the past year have begun catering to professionals, offering networking and advertising opportunities.

The swift demise of China's green GDP figures highlights a growing policy conflict between advocates of environmental protection and officials long used to pursuing economic growth at all costs.

American Home Mortgage Investment Corp. plans to close most operations on Friday and said nearly 7,000 employees will lose their jobs as the lender becomes one of the biggest casualties of the U.S. housing downturn.

Dell Inc., the world’s second largest personal computer maker, has rolled out its first desktop computer from its new plant at Sriperumbudur near Chennai this week, thereby making India the third country in Asia Pacific, after China and Malaysia, to manufacture its range of desktop computers and notebooks outside of the US.

The dollar steadied against other major currencies on Friday, hugging tight ranges as investors shifted their focus to upcoming U.S. employment data from the credit and stock market volatility of recent weeks.

Oil hovered near $77 a barrel on Friday, near this week's all-time high, as continued output restraint by OPEC raised concern over tighter fuel supplies this winter.

World stocks were steady on Friday, off this week's 3-1/2 month low, as robust corporate earnings highlighted the underlying strength of the global economy, calming concerns about a global credit squeeze.

British Airways beat forecasts with a 28 percent rise in quarterly operating profit on Friday but warned that a weak dollar and soaring fuel prices would slow full-year revenue growth and raise costs.