IBT Staff Reporter

The world has emitted extra greenhouse gases this century equivalent to the annual totals of China and the United States above a maximum for avoiding the worst of climate change, a study estimated Tuesday.

Russia's Human Stem Cell Institute will raise around 140 million roubles ($4.80 million) at its upcoming IPO after avgreeing to sell shares at the lower end of its price range, the company said on Tuesday.

Tata Motors Ltd vehicle sales for November.

Israeli inspectors trying to enforce a government moratorium on new building starts in Jewish settlements ran into defiance Tuesday at an enclave in the occupied West Bank.

U.S. construction spending was flat overall in October at $910.8 billion despite the biggest surge in homebuilding in more than a decade, the Commerce Department said on Tuesday in a report that sharply revised the prior month's data.

British exhibition and conference organiser ITE Group Plc posted a rise in full-year profit, helped by cost controls and positive currency movement, and increased its dividend.

Poland's top refiner PKN Orlen confirmed on Tuesday that the country's leading mobile operator Polkomtel would pay out a preliminary dividend of 464 million zlotys for the first three quarters of 2009.

U.S. stocks rose on Tuesday as data reassured investors about the state of the housing market, considered one of the biggest drags on a recovery, while a weak dollar boosted commodity prices.

Russia's envoy to NATO expressed frustration on Tuesday at the military alliance's unwillingness to discuss Moscow's proposals for European security and said it could affect prospects for increased cooperation on Afghanistan.

Pending sales of previously owned U.S. homes rose unexpectedly to their highest level in 3-1/2 years in October, a survey showed on Tuesday, suggesting the housing market recovery was gaining steam.

China's top police officer has warned that the nation's security forces are struggling keep pace with an increasingly assertive society, and he demanded defter quelling of protests and stricter oversight of the Internet.

France's Vivendi said on Tuesday it has until February to exercise a right to buy about 12 percent of Brazilian telecoms company GVT, seeking to dispel regulatory scrutiny in the South American nation about the transaction.

Swine flu continues to wane across the United States, but it has killed more than 30 children since the last count, U.S. health officials said on Monday.

South Africa, with the world's highest HIV caseload, will roll out life-prolonging anti-retroviral drugs to significantly more people infected with the virus from next year, President Jacob Zuma said on

Staples Inc reported third-quarter results that topped analyst estimates and forecast higher sales in the current quarter as trends improve at its North American retail business.

People who smoke skunk -- a potent form of cannabis -- are almost seven times more likely to develop psychotic illnesses such as schizophrenia than those who smoke hash or cannabis resin, according to research.

The second storey of this nondescript building in Fuyang city in China's central province of Anhui houses HIV-positive orphans, but unlike many other similar establishments, there are no signboards outside.

Bailed-out insurer AIG said on Tuesday it had closed a pact with the New York Federal Reserve that slashes its debt under a credit facility by more than half, to $17 billion.

The guns are gradually falling silent in Iraq as a fragile stability takes hold, turning the spotlight on a stealthier killer likely to stalk Iraqis for years to come.

U.S. stocks rose on Tuesday as data reassured investors about the state of the housing market, considered one of the biggest drags on a recovery, while a weak dollar boosted commodity prices.

The U.S. manufacturing sector expanded for the fourth consecutive month in November although the rate of growth slowed compared with October, the Institute for Supply Management reported today.

French scientists have found a way to create human skin rapidly from stem cells, a discovery that could save the lives of many burns victims who are vulnerable to infection and now wait weeks for a skin graft.

Peet's Coffee & Tea on Monday raised for the second time in two weeks its cash-and-stock offer to buy Diedrich Coffee Inc.

Millions of unemployed U.S. workers face sharply higher health insurance premiums and loss of coverage as temporary federal subsidies expire, a healthcare advocacy group said on Tuesday.

Citigroup said there are substantial risks facing U.S. bank stocks now, but in the near term these stocks can grind higher given a combination of the Federal Reserve's accommodative stance plus a modest recovery.

Saab Automobile faced the threat of closure as the board of U.S. parent General Motors met on Tuesday to hammer out plans after a deal collapsed to sell the Swedish brand.

The U.S. manufacturing sector grew for the fourth straight month in November, though at a slower pace, and questions remain about the staying power of the incipient economic recovery.

Airlines outside Europe inched back into profit in the third quarter, but the industry remains on track for a net loss of $11 billion this year, the International Air Transport Association (IATA) said on Tuesday.

Japan's Asahi Breweries said it could spend up to 400 billion yen ($4.6 billion) on acquisitions to avoid getting left behind amid a rush towards consolidation in the global food and beverage industry.