IBT Staff Reporter

Molson Coors Brewing Co's plan to buy East European brewer StarBev for 2.65 billion euros ($3.5 billion) will give it more exposure in developing markets, but the brewer may have been better off trying to improve its business in developed markets, analysts said.

Facebook fired back on Tuesday in its legal battle with Yahoo by accusing the Web pioneer of infringing 10 of Facebook's patents, according to a court filing.

A Dutch semiconductor company said on Tuesday it had filed a patent infringement suit against Research In Motion Ltd, adding to the BlackBerry maker's troubles and sending its shares tumbling.

Auto sales rose more than 15 percent in March, preliminary data showed, as rising consumer confidence and cheap financing quickened the pace of a sluggish recovery more than two years in the making.

China's state banks make money too easily and their monopoly on financial services has to be broken if cash-starved private enterprises are to get access to capital when they need it, state media cited Premier Wen Jiabao as saying on Tuesday.

Stocks extended losses on Tuesday after minutes from the most recent meeting of the Federal Reserve's policy-setting committee showed the Fed appeared less keen to launch additional stimulus measures.

One of London's most prominent bankers was fined 450,000 pounds ($720,000) for passing on inside information in a case that will embarrass his employer J.P. Morgan Cazenove and which marks a push by British regulators to target high-profile figures.

In the face of falling exports as a percentage of its economy, China is trying to get its citizens to overcome a long-held propensity to save and start spending more on consumer goods.

GameStop executives are tired of hearing about investors who bet against the stock of the video game retailer that they have given them a nickname: shallow divers.

The world's most populous country now has more than one billion cell phones. Over the past two years, China has added 200 million mobiles.

Stocks edged lower on Tuesday after a strong start to the second quarter and ahead of the release of minutes from the most recent meeting of the Federal Reserve's policy-setting committee.

Research In Motion on Tuesday launched software that enables its large enterprise customers to manage Apple and other rival devices through the same servers as they use for the BlackBerry smartphone and Playbook tablet.

Auto sales continued a robust pace in March, boosted by consumers with more confidence in a recovering U.S. economy who want to buy fuel-efficient cars and trucks in the face of rising gasoline prices.

Stocks were little changed on Tuesday as the market showed signs of fatigue after major indexes hit multiyear highs.

Google Offers and Banana Republic are the first businesses to join Starbucks Corp in raising money for a U.S. job creation fund started by the world's biggest coffee chain late last year.

New orders for factory goods rebounded in February and firms increased orders for capital goods, suggesting manufacturing held on to some momentum early in the year despite signs of slower growth.

Stocks were set to take a breather on Tuesday after the S&P 500 climbed to a 4-year high and ahead of factory orders data and minutes of the latest Federal Reserve meeting.

Stock index futures fell on Tuesday after the S&P 500 climbed to a 4-year high in the previous session as investors awaited factory orders data and minutes of the latest Federal Reserve meeting.

Chrysler Group LLC reported a 34 percent increase in March auto sales, the first major automaker to report sales for a month expected to show signs of a robust recovery for the U.S. auto industry.

Chrysler Group LLC reported a 34 percent increase in March auto sales, the first major automaker to report sales for a month expected to show signs of a robust recovery for the U.S. auto industry.

Spain's debt levels will jump to their highest since at least 1990 this year as the economy sinks into recession and borrowing costs rise.

Stock index futures fell on Tuesday after the S&P 500 climbed to a 4-year high in the previous session as investors awaited factory orders data and minutes of the latest Federal Reserve meeting.

Etihad Airways, Abu Dhabi's flagship carrier which is due to get its first Airbus A380 superjumbo in 2014, said it wants more clarity from the plane maker about wing cracks on the aircraft.

Banking and keeping track of finances, shopping and searching for jobs are the main tasks of Internet users around the globe, according to a new international survey.

Wall Street looked set to open slightly lower on Tuesday, with futures for the S&P 500 down 0.07 percent, Dow Jones futures down 0.07 percent and Nasdaq 100 futures down 0.01 percent at 4:21 a.m. E.D.T. (0821 GMT)

Raymond Kwok, the billionaire co-chairman of Hong Kong property company Sun Hung Kai Properties Ltd , said he and his brother Thomas did nothing wrong, in their first public appearance since being arrested last week on suspicion of corruption.

Search giant Google Inc engaged in misleading and deceptive conduct by allowing misleading paid advertisements to be shown with Internet search results, an Australian court ruled on Tuesday.

Suntech Power Holdings Co Ltd's chief executive said on Tuesday the Chinese solar company expects to return to profit, along with the entire industry, in the fourth quarter as prices stabilize on tighter inventories and improving demand.

Japan's Olympus Corp may be able to recover from a huge accounting scandal without having to bring in new investors, even as it looks to beef up its capital by around $3 billion over the longer term, its likely new president said on Tuesday.