IBT Staff Reporter

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Rio Tinto says will talk to Mongolia on copper mine deal

Global mining giant Rio Tinto will respond to any request from the Mongolian government to discuss its investment in the country's giant Oyu Tolgoi copper-gold deposit, but still expects the original 2009 agreement to be honored.

Kat Von D and Jesse James Split Up Again

Tattoo artist Kat Von D and motorcycle entrepreneur Jesse James have decided to go their separate ways yet again. In a post on Facebook called Odds and Ends, the tattoo artist said that she was no longer in a relationship.

IMF to mull expansion of crisis-fighting capacity

The International Monetary Fund said on Saturday it would decide by April whether its resources are sufficient to prevent a global credit crunch if Europe's debt crisis spreads to the rest of the world.

LG to pour about $7 billion in Green New Business

LG, South Korea's second largest business conglomerate, said on Sunday it will invest 8 trillion won ($6.83 billion) in Green New Business sectors such as electric vehicle parts, LED lighting and sewage treatment industries by 2015.

UniCredit CEO urges swift economic reforms

Italy could face losing its economic competitiveness unless political leaders move quickly to carry out economic reforms to cut its debt and restart growth, the head of UniCredit , Italy's biggest bank, said on Saturday.

BAE may cut 3,000 jobs as Typhoon orders slow: media

British defense giant BAE Systems is set to announce up to 3,000 job losses as it struggles to secure orders for the Eurofighter Typhoon in the wake of cuts to defense budgets by partner nations, British media reported on Sunday.

G20, IMF/World Bank meetings in Washington

The following are highlights of comments by finance ministers and central bankers in Washington this week for meetings of the Group of 20 and the semiannual meetings of the International Monetary Fund and World Bank.

Euro zone considers leveraging EFSF: EU's Rehn

The euro zone is exploring the possibility of leveraging its bailout fund, the European Financial Stability Facility, to better support euro countries, Economic and Monetary Affairs Commissioner Olli Rehn said.

SNB's Hildebrand says will enforce franc cap

Swiss National Bank Chairman Philipp Hildebrand said on Saturday he would do all that is necessary to maintain a ceiling on the Swiss franc, but declined to provide further details.

Survey Shows People Upset Over Facebook Changes

People aren't too happy with the new Facebook. In a survey of over 1,000 people conducted by Sodahead, a social-voting-based site, about 86 percent of the Facebook audience said they strongly disliked the changes that the site recently underwent.

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