IBT Staff Reporter

Euro zone finance ministers have decided to take their time over beefing up the currency area's rescue fund as debt-stricken Greece denied a minister's comment that it should stretch out all its debt repayments.

Egyptian Trade Minister Rachid Mohamed Rachid said on Tuesday that Egypt had adequate wheat stocks and had not changed the pace at which it was buying the grain.

Angola's much-delayed stock market will not open this year as many of the country's companies do not meet the requirements needed to participate on a bourse, the government said.

After making changes to its third-party data access function, Facebook does a u-turn and rescinds the new feature.

Ghana is still making preparations to launch a second Eurobond originally due in 2010, Finance Minister Kwabena Duffuor said on Tuesday, stressing that market conditions were not behind the delay.

Uganda's 2010 sugar production rose slightly on a year earlier but fell short of forecasts, hit by technical problems at the leading producer and poor rains, an industry association said on Tuesday.

China's Sichuan Hongda Co. Ltd. will invest $3 billion in a coal-fired power plant and two iron ore mines in Tanzania, the state-run National Development Corporation (NDC) said on Tuesday.

South Sudan appealed for investors to plough $140 million into its war-hit wildlife parks, seeking to kick-start a tourism industry and wean itself off oil months ahead of its expected independence.

Talks to end Ivory Coast's post-election standoff remain in deadlock, with no sign Laurent Gbagbo will agree to step down as president and his rival unwilling to meet him until he does, mediators said on Tuesday.

German precious metals refinery group Heraeus reports massive demand for bars and coins, even as ETF trust funds and Comex futures contracts saw considerable profit-taking driven liquidations by institutional traders.

Boeing Co on Tuesday delayed first delivery of the 787 Dreamliner to the third quarter of 2011, clearing up doubts about the schedule after a November electrical fire on a test flight forced an emergency landing.

Chimei Innolux, Taiwan's largest LCD maker, plans to spin off its touch panel business as it seeks bigger gains from a business expected to be one of its fastest growth engines.

American Airlines, which is battling third-party ticket sellers over distribution costs and methods, on Tuesday said it has reached a deal with Priceline.com to use American's direct connect technology to access fares.

U.S. Rep. Carolyn McCarthy, D-NY, who lost her husband and saw her son injured in the 1993 Long Island train massacre, will introduce legislation today to ban the sale of enhanced gun clips, like the one used by the shooter in the Tucson massacre of Jan. 8.

After its last high-profile cloud-computing launch, the Office 365, Microsoft has announced that Microsoft Dynamics CRM Online, its cloud-based CRM offering, will be available worldwide.

The euro rose more than 1 percent against the dollar on Tuesday on buying by sovereign funds and a surge in German investor sentiment, while global stocks hit a fresh 28-month high despite a sluggish U.S. open.

Video rental chain Blockbuster Inc said it had received an additional three weeks from its lenders to file a bankruptcy reorganization plan.

Companies will buy more than 10 million tablet computers this year, consultancy Deloitte said on Tuesday supporting recent research from Gartner which sees the global market for Apple's iPad, rising to 55 million devices this year from 19.5 million in 2010.

Citigroup Inc posted a $1.3 billion quarterly profit on Tuesday, as the third-largest U.S. bank rounded off a year of recovery from the financial crisis, but the results fell short of estimates and the bank's shares fell.

It was a thrilling second day of the Australian Open with the second batch of players progressing into the next round. There were twists and turns, some surprise wins but mostly routine victories, all adding to a scintillating day of tennis.

India’s top software services company Tata Consultancy Services Ltd (TCS) on Tuesday announced plans to recruit 37,000 professionals in the next year through campus placements for its domestic and overseas operations.

No professional, the physics-based puzzle game Bubble Ball is programmed by a 14 year kid called Robert Nay.

Again facebook privacy policy is in controversy for its openness.

WikiLeaks is unlikely anytime soon to make public material provided to it this week by Swiss bank whistleblower Rudolf Elmer, according to WikiLeaks founder Julian Assange and sources close to Elmer.

Goldman Sachs said it will limit its private placement of shares of social networking site Facebook to investors outside the United States, citing intense media coverage.

The health of Apple Chief Executive Steve Jobs was set to overshadow quarterly sales numbers on Tuesday from the consumer electronics powerhouse, whose iPhone and iPad excited holiday shoppers.

A sharp drop in bond trading revenue pushed Citigroup Inc fourth-quarter profit far below expectations, highlighting Chief Executive Vikram Pandit's challenges in fully reviving the bank.

The S&P and Nasdaq dipped on Tuesday after Citigroup's quarterly results missed estimates and Apple's Chief Executive Steve Jobs took another medical leave.

It has been a long journey since Steve Jobs came up with the name Apple Computers but the company now known as Apple has become synonymous with the man. Pundits have often predicted that Apple will fail without having Jobs at the helm.