IBT Staff Reporter

Volkswagen has agreed to grant workers in Germany a rest from e-mails relentlessly filling the inboxes of their Blackberry devices out of hours.

UBS will sacrifice its place in the top ten investment bank rankings as stricter capital rules force it to give up riskier fixed-income business, the Swiss bank's financial head said.

China's state news agency Xinhua plans to list its online portal in a 1 billion yuan ($157.8 million) stock market offering in Shanghai with China International Capital Corp underwriting the deal, two sources with knowledge of the matter said on Friday.

China's $410 billion sovereign wealth fund China Investment Corp. is set to receive additional funding of up to $50 billion, two sources said, a step that could help it move quickly to buy overseas assets, especially in Europe.

Petronas is in talks with several global oil majors including Shell and Exxon Mobil to develop petrochemical plants within its $20 billion refinery complex in southern Malaysia, two sources with direct knowledge of the matter said.

China's $410 billion sovereign wealth fund China Investment Corp. is set to receive additional funding of up to $50 billion, two sources said, a step that could help it move quickly to buy overseas assets, especially in Europe.

Signs of renewed momentum in the giant U.S. economy boosted European stocks and supported the euro on Friday, but any gains in holiday-thinned markets are likely to prove short-lived with concerns about the euro zone debt crisis undiminished.

Fresh signs the giant U.S. economy is gaining momentum drove major world stock markets and the euro higher on Friday, with activity likely to be thin in the last session before the Christmas holiday.

Fresh signs the giant U.S. economy is gaining momentum drove major world stock markets and the euro higher on Friday, with activity likely to be thin in the last session before the Christmas holiday.

The economy is gaining momentum and should push through next year with only a few bruises despite an almost certain European recession and slower global growth.

The economy is gaining momentum and should push through next year with only a few bruises despite an almost certain European recession and slower global growth.

Asian stocks rose more than 1 percent and U.S. index futures also gained on Friday, as signs of a strengthening economy in the United States encouraged a year-end bounce for riskier assets.

Petronas is in talks with several oil majors including Shell and Exxon Mobil to develop petrochemical plants within its $20 billion refinery complex in southern Malaysia, two sources with direct knowledge of the matter told Reuters.

China's $410 billion sovereign wealth fund China Investment Corp. is set to receive additional funding of up to $50 billion, two sources with knowledge of the matter told Reuters on Friday.

Hanukkah, also known as the Festival of Lights is a Jewish holiday celebrated for eight days and nights, the festival

Soletron, a start-up backed by former Adobe Systems Inc Chief Executive Bruce Chizen, is building an online marketplace for streetwear and sneakers, a market that is worth almost $60 billion by one estimate.

AT&T Inc said late on Thursday that it won regulatory approval to buy wireless spectrum from U.S. chipmaker Qualcomm Inc, a move that would boost the company's 4G network.

Prince William and wife Kate stepped out Wednesday night to share and give back to the Centrepoint homeless charity in south London which William's mother, the late Princess Diana strongly supported.

In a town where the cars are the stars, a tractor with a top speed of 8-miles-per-hour is ready for its closeup.

The Vancouver Canucks took down another leading Western Conference team on Wednesday with a 4-2 victory over the Detroit Red Wings.

Former American Idol finalist Adam Lambert brushed off his arrest in Finland on Thursday, blaming his bad behavior on travel, booze and irrational confusion and adding lesson learned on Twitter.

The TSX finished higher for a third-straight session on Thursday as worries over European bank lending eased and U.S. economic data pointed to gradual economic improvements, sending financial and energy issues up sharply.

Gaming software maker Cantor Entertainment Technology Inc filed with U.S. regulators on Thursday to raise up to $100 million in an initial public offering of its Class A common stock.

In a sign that Canada's resistance to paying into an IMF bailout fund for Europe might be fading, Finance Minister Jim Flaherty said on Thursday the idea would be generally supported if all the Group of 20 nations agreed to pay in more.

Rambus Inc said it has signed a patent licensing deal with Broadcom Inc , resolving all previous claims related to its technology.

The Supreme Court of Canada ruled against the federal government's plan to create a single, national securities regulator, forcing Ottawa to rethink its campaign to replace the current patchwork of provincial watchdogs and regulations.

First it was a bronze statue in Hungary. Now it's a Grammy.

Siemens said it is working to fix security flaws in industrial controls products that the U.S. government warned could make public utilities, hospitals and other critical parts of the country's infrastructure vulnerable to attack by hackers.

Respected commodities hedge fund BlueGold has veered from its energy-focused strategy, betting half its money on equities and other trades that are worrying investors as it turns in its first down year.