IBT Staff Reporter

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Mitsubishi Heavy comes under cyberattack: Yomiuri

Mitsubishi Heavy Industries Ltd.'s computer network was hacked at factories that build submarines and missiles and make components for nuclear power plants in the first such attack targeting Japan's defense industry, the Yomiuri newspaper said on Monday.

Rupee Down on Euro's Slide, Local Shares

The Indian rupee fell on Monday tracking the euro's losses and weak domestic equities as heightened worries over European debt crisis pushing investors to cut holdings in riskier assets.

Los Angeles Dodgers seek media rights auction

The Los Angeles Dodgers have proposed an auction of the right to broadcast the baseball team's games in a bid to bring in billions of dollars to stabilize its finances and end its bankruptcy.

Magnitude 6.8 Quake Hits India, Several Dead

A magnitude 6.8 earthquake hit a remote Himalayan region in northern India on Sunday evening, killing at least four people and five in neighbouring Nepal as well as damaging buildings and blocking roads, officials said

Moody's Stays Negative on U.S. State, Local Governments

Even though the recession officially ended more than two years ago, the still-weak U.S. economy and a pullback in federal support means the outlook for states and local governments remains negative, Moody's Investors Service said on Monday.

Moody's stays negative on states, local governments

Even though the recession officially ended more than two years ago, the still-weak U.S. economy and a pullback in federal support means the outlook for states and local governments remains negative, Moody's Investors Service said on Monday.

Melissa McCarthy wins best comedy actress Emmy

First-time Emmy nominee Melissa McCarthy won the award for best comedy actress on Sunday for her role in Mike & Molly, capping a breakout year in which she also wowed movie audiences in comedy Bridesmaids earlier this year.

Chinese Official Signals No New Stimulus

China should refrain from boosting credit and fiscal spending again as stimulus measures to avoid fueling inflation and pushing up government debt, Wu Xiaoling, a former deputy central bank governor said in remarks published on Monday.

No new China stimulus - former deputy central banker

China should refrain from boosting credit and fiscal spending again as stimulus measures to avoid fueling inflation and pushing up government debt, Wu Xiaoling, a former deputy central bank governor said in remarks published on Monday.

UTX exploring Goodrich takeover: sources

Diversified manufacturer United Technologies Corp is exploring a takeover of aerospace company Goodrich Corp but the two sides are not yet close to a deal, according to a source with knowledge of the situation.

Conflict gold guidelines No. 1 priority for LBMA

The London Bullion Market Association is working out ways for refiners on its Good Delivery List to avoid falling foul of new regulations against conflict gold as a number one priority, LBMA chairman David Gornall told Reuters on Sunday.

UK's Cable plans clampdown on executive pay

British companies will be required to publish more details on the pay packages of top executives under a government drive to fix a disconnect between remuneration and corporate performance, Business Secretary Vince Cable said on Monday.

Future shock shackles Canadian oil stocks

Even though Canada's big oil producers are raking in profits on high crude prices and stellar refining margins, their share prices are languishing as investors fret about the economic risks that could slow global petroleum demand.

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