IBT Staff Reporter

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Rio Tinto sees customers turning cautious

Global miner Rio Tinto warned on Monday that further cracks could be emerging in global commodities markets as the economies of Europe and the U.S. waver, with its customers increasingly cautious on the outlook.

Air France recovery plan has two stages: report

A recovery plan by Air France to end its losses will have two stages with the first part, to be implemented in January or February, focused on savings to improve cash flows, newspaper La Tribune wrote in article released on Sunday.

6 Deaths as British Churches Claim to Cure HIV with Prayer

At least six people have died of AIDS after evangelical churches in Great Britain told them that God had cured their HIV and that they could stop taking medication, according to a Sky News investigation. Another person thinks he infected his partner after his church told him he could have unprotected sex and start a family.

Euro bailout fund leveraging rules ready: documents

Detailed operational rules for the euro zone's bailout fund, the European Financial Stability Facility , are ready for approval by euro zone finance ministers on Tuesday, documents obtained by Reuters showed on Sunday.

Shoppers spent more cash over Thanksgiving weekend: NRF

More people headed to stores and websites over the Thanksgiving holiday weekend, and average spending per person rose 9.1 percent as bargain-hunting shoppers scooped up discounts on everything from gadgets to hoodies, a National Retail Federation survey on Sunday showed.

New Front-Runner Gingrich Is 'Being Rewarded for Thinking': Bill Clinton

Newt Gingrich got praise from an unexpected source on Sunday: former President Bill Clinton, who spent much of the 1990s at loggerheads with a Gingrich-led Congress. Clinton pointed to two unconventional positions the latest Republican front-runner took at a national security debate last week and said that independent voters were hungry for ideas that make some sense.

Iraq clinches $17 bln flared gas deal with Shell

Iraq signed a final $17 billion deal with Royal Dutch Shell and Mitsubishi <8058.T> on Sunday to capture flared gas at southern oilfields, a project that should boost production of badly needed electricity.

Retailers look to keep Black Friday momentum going

U.S. retailers moved from the frenzied start of the holiday shopping season to the next phase on Saturday, hoping to avoid a drop after Black Friday and keep the momentum going during a fitful economic recovery.

NSN CEO sees no more cash from Nokia, Siemens: report

The chief executive of Nokia Siemens Networks , the world's second-largest maker of mobile phone network equipment, has warned employees NSN cannot expect any more money from its parent companies, a German magazine reported on Sunday.

Germany and France examine push for euro zone integration

Germany and France are exploring radical methods of securing deeper and more rapid fiscal integration among euro zone countries, aware that getting broad backing for the necessary treaty changes may not be possible, EU officials say.

The Shark Fin Soup Tradeoff

Over the past year, the international movement to halt the shark fin trade has made leaps and bounds, moving up the chain from campaigns targeting consumers to efforts by politicians to implement stricter legislation against the sale, possession and distribution of shark fins. From the U.S. West Coast to Europe and Asia, progress is being made to turn the dish itself into an endangered menu item.

Germany, France Plan Quick, New Stability Pact: Report

German Chancellor Angela Merkel and French President Nicolas Sarkozy are planning more drastic means -- including a quick, new Stability Pact -- to fight the Eurozone sovereign-debt crisis, Welt am Sonntag reported Sunday.

Four Arrested in Philippines in AT&T Hacking Probe

Four people have been arrested in the Philippines for allegedly hacking into AT&T's phone system in order to funnel money to a Saudi-based terrorist organization, according to the country's Criminal Investigation and Detection Group.

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