IBT Staff Reporter

Hundreds of ultra-Orthodox Jews demonstrated on Saturday at Intel Corp.'s new electronic chip plant in Israel in protest against work taking place at the site on the Jewish Sabbath.

General Electric Co and Aviation Industry Corp, a Chinese state-owned aircraft maker, agreed on Sunday to form an avionics joint venture that will have China's booming commercial aircraft market as one of its main targets.

UC RUSAL, the world's largest aluminum producer, is close to a deal to restructure $7.4 billion in debt to foreign banks which is crucial for the Russian firm's planned $2 billion IPO in December, a newspaper reported.

Asia Pacific leaders struggled to agree a final statement on Sunday as Washington and Beijing debated the wording on market-oriented exchange rates and trade protectionism, an APEC delegation official said.

Ultra-low interest rates in the United States are fuelling speculation in overseas asset markets and threatening the global economic recovery, a senior Chinese official said on Sunday.

Asia Pacific leaders struggled to agree a final statement on Sunday as Washington and Beijing debated the wording on market-oriented exchange rates and trade protectionism, an APEC delegation official said.

Chinese Vice Commerce Minister Chen Jian on Sunday played down talk of a shift in the central bank's currency policy as well as mounting expectations of a rise in the yuan's exchange rate.

Swiss bank UBS may hand over only a small amount of bank data as part of a U.S. settlement because the Internal Revenue Service has succeeded in cracking down on tax evaders, a radio station reported.

Anglo-Australian miner Rio Tinto Plc is hoping to raise $520 million by spinning off its U.S. coal business, but analysts cautioned that demand for the offering could be tepid.

Asia-Pacific leaders will pledge on Sunday to keep stimulus policies in place to stop the world from sliding back into recession, wrapping up a summit that has been dogged by accusations of U.S. trade protectionism.

Asia-Pacific leaders will pledge on Sunday to keep stimulus policies in place to stop the world from sliding back into recession, wrapping up a summit that has been dogged by accusations of U.S. trade protectionism.

Asia-Pacific leaders will pledge on Sunday to keep stimulus policies in place to stop the world from sliding back into recession, wrapping up a summit that has been dogged by accusations of U.S. trade protectionism.

President Barack Obama called on Saturday for a new strategy to rebalance global growth, but leaders around the Pacific rim, gathering for a weekend summit, took aim at signs of U.S. trade protectionism.

NEW YORKNEW YORK - Hundreds of Mac fans came out to experience the grand opening of Apple's largest store in New York City, despite the rainy weather. Situated in the Upper West Side, the glass and marble building is 14,000 square feet and is the largest Apple store in the world.

A federal judge has issued a ruling supporting a nearly $2.5 billion bid by Grupo Mexico, the country's largest mining company, for Asarco LLC, paving the way for the U.S. copper miner to exit bankruptcy.

A suicide attacker set off a car bomb at a police checkpoint in the Pakistani city of Peshawar on Saturday, killing 10 people, officials said.

U.S. President Barack Obama pledged Saturday to deepen dialogue with China rather than seek to contain the rising power, as he laid out a vision for greater engagement with a vibrant Asia-Pacific region.

Bank of America Corp's search for a new chief executive has been hurt by federal pay limits that played a major role in the senior vice chairman of PNC Financial Services Group Inc spurning feelers from the company, the Wall Street Journal reported on Saturday.

Hitachi Ltd, Japan's biggest electronics firm by revenues, plans to raise up to 400 billion yen ($4.5 billion) by issuing new shares and convertible bonds to shore up its battered capital base, two sources familiar with the matter said.

The Indian economy could expand between 6 and 7 percent in the year to March 2010 despite a bad monsoon, the finance minister said on Saturday as data showed accelerating inflation in October. Speaking in the Sri Lankan capital Colombo, Pranab Mukherjee said there were risks to an early global economic recovery and signs asset price bubbles were re-emerging.

Director Paul Wendkos, whose career spanned 50 years and covered some 100 films and television shows including the 1959 surf movie Gidget, has died due to a lung infection that followed a stroke. He was 84.

Playboy founder Hugh Hefner changed American pop culture, one centerfold at a time.

A German man has been charged with trying to extort $100,000 from former supermodel Cindy Crawford and her husband over a photo of their daughter gagged and bound to a chair, authorities said.

President Nicolas Sarkozy awarded U.S. actor and director Clint Eastwood one of France's top honors on Friday, hailing him as a cinema legend and a symbol of the type of America that the French adored.

Former Oasis guitarist and vocalist Liam Gallagher says that he and the other members of the band -- aside from his brother Noel -- are writing songs and will perform as a new group.

Google and the Authors Guild filed a new version of a deal to create a massive online library on Friday in hopes of answering antitrust and copyright concerns in the United States and overseas.

Swedish carmaker Koenigsegg will terminate more than a third of U.S. Saab dealers when it completes its purchase of the premium brand from General Motors Co, GM said in a letter to dealers on Thursday.

EU ambassadors failed to approve a genetically-modified maize made by Swiss firm Syngenta in talks on Friday, meaning the application will now be sent to EU ministers for a decision next week.

Taiwan's Chi Mei agreed to be merged with Innolux through a share swap worth about $1 billion to create a new company that aims to have a stronger foothold in the highly competitive LCD industry dominated by bigger Korean rivals.