Hopes low on near-term China approval for Hummer deal
Hopes China's Tengzhong will complete the deal to buy General Motor's Hummer brand as early as this week appear unlikely to be fulfilled, with the regulator tasked with assessing the deal yet to receive a formal application, according to a regulatory source.
Chinese Internet firm Shanda keen for more buys
China's leading Internet firm Shanda Interactive Entertainment aims to buy more digital entertainment platforms and game content developers to diversify its revenue stream.
Tiger Woods issues statement: 'I offer my profound apology'
Professional golfer, Tiger Woods, issued a statement Wednesday on his website about the current events apologizing for his behavior.
Afghans unimpressed by Obama's troops surge
Thirty thousand more U.S. troops for Afghanistan? Esmatullah only shrugged.
KKR, Fubon among bidders for Morgan Stanley's CICC stake
Kohlberg Kravis Roberts & Co and Fubon Financial are among the bidders for Morgan Stanley's stake in Chinese investment bank CICC, people familiar with the matter said on Wednesday, in a deal that could be worth more than $1 billion.
Geithner: Must be derivatives rules for all
U.S. Treasury Secretary Timothy Geithner urged lawmakers on Wednesday to let regulators block companies from customizing derivatives contracts to avoid trading on central clearing houses.
Iran president says will produce 20 percent fuel
President Mahmoud Ahmadinejad said Wednesday Iran would enrich uranium to a higher level itself, apparently ruling out a U.N.-brokered deal meant to dispel fears Tehran is pursuing nuclear weapons capability.
Voicemail proves Tiger Woods link to Jaimee Grubbs: report
A voicemail is circulating online as evidence that Tiger Woods had a love affairs with Jaimee Grubbs, a Los Angeles waitress who also appeared on VH1's Tool Academy.
TV actress Meredith Baxter says she is lesbian
Meredith Baxter who starred in the TV series Family Ties came out on NBC's Today Show to publically declare she is a later in life lesbian.
Daylight Resources to offer C$150 mln in debentures
Canadian oil and natural gas trust Daylight Resources Trust said it will publicly offer C$150 million in debentures, and will use the proceeds partly to reduce debt.
Regal cinema group sees Avatar making over $250 million
The highly anticipated 3-D movie Avatar could make more than $250 million in the U.S. and Canada, and draw new audiences to 3-D films, Regal Entertainment Group's chief executive said on Tuesday.
Dubai World to meet creditor panel on debt crisis
Government-owned Dubai World will meet its main creditors next week to discuss a request to delay payment on $26 billion in debt that has shaken global markets and confidence in the Gulf Arab business hub.
Walgreen November sales rise less than expected
Walgreen Co posted a smaller-than-expected rise in same-store sales in November, sending shares of the largest U.S. drugstore chain down more than 4 percent.
Twilight studio branching out with new projects
In the glow of the success of New Moon, independent film studio Summit Entertainment is ratcheting up its development slate with two projects that couldn't be further from vampire-romance territory.
Six join Night of Living Dead voice cast
Jesse Corti, Danielle Harris, Bill Moseley, Joe Pilato, Alona Tal and Cornell Womack are lending their voices to Night of the Living Dead: Origins, the 3D CGI reimagining of the George A. Romero zombie classic.
Ben Kingsley seeks Indian money for Taj movie
British actor Ben Kingsley, best known for his Oscar-winning role as Mahatma Ghandi, is looking to India again, this time for financing for another historic Indian role -- Mughal emperor Shah Jahan.
Keith Arem to direct Frost Road
Keith Arem, the talent director of the record-breaking Activision Blizzard video game Call of Duty: Modern Warfare 2, will make his feature directing debut with the action thriller Frost Road.
Indonesia bans war crimes film Balibo
Indonesia's censors have banned Balibo, an Australian-made film about five foreign journalists who were killed by Indonesian troops during the 1975 invasion of East Timor.
Thai PTT's sixth gas plant to come onstream early 2010
PTT PCL, Thailand's top energy firm, said on Wednesday its sixth gas separation plant would start operations in early 2010 as planned after a court ruling in favour of the group.
Bourne trilogy gets two-sided DVD release
Universal Studios Home Entertainment will introduce so-called flipper discs, containing traditional video on one side and an HD version on the flip side, for planned special-edition releases of The Bourne Identity and its two sequels.
India revives century-old movie magic lantern
Long before the lights, cameras and the action came to Bollywood, a family armed with a magic lantern breathed life into stories from Hindu mythology to audiences across India.
Actress Meredith Baxter declares she is a 'later in life' lesbian
Meredith Baxter who starred in the TV series Family Ties came out on NBC's Today Show to publically declare she is a later in life lesbian.
Clinton says Karzai must meet words with action
Secretary of State Hillary Clinton said on Wednesday Afghan President Hamid Karzai must follow through on promises to fight corruption and urged the re-integration of Taliban members who renounced violence.
Film said to show Marilyn Monroe smoking pot
A home movie showing a relaxed Marilyn Monroe apparently smoking marijuana has surfaced, retrieved from an attic some 50 years after it was filmed.
Total Indonesia proposes $2 bln spending in 2010
The Indonesian unit of Total has proposed spending $2 billion in 2010 to upgrade its Mahakam block in East Kalimantan, an official at the country's energy watchdog, BPMIGAS, said on Wednesday.
Geithner: Don't let companies avoid derivatives
U.S. Treasury Secretary Timothy Geithner urged lawmakers on Wednesday to let regulators block companies from customizing derivatives contracts to avoid trading on central clearing houses.
Precious and Last Station top Spirit film nods
The race for Hollywood film honors picked up pace on Tuesday when a key independent movie group unveiled Spirit Award nominees, giving dramas Precious and The Last Station five nods each, including best movie.
Lady Gaga finds a new fan in Barry Manilow
Veteran showman Barry Manilow, who unveiled a new Las Vegas act on Tuesday, said that when it comes to today's hit singers, he most admires original acts such as controversial dance queen Lady Gaga.
CT scans may predict survival in colorectal cancer
Doctors may be able use an advanced X-ray called a CT scan to see whether patients with advanced colorectal cancer are responding to treatment with Avastin and chemotherapy, U.S. researchers said on Tuesday.
Daily Outlook - Dec 2
Bernanke's 4 More Years; Google Offers Pubishers Proposal; GM Shakeup
