AIG likely to be able to repay government-Moody's
American International Group Inc has made tangible progress on its restructuring plan and will likely be able to repay the government's loan and much of its preferred equity stake, Moody's Investors Service said on Monday.
Carlos the Jackal pic heads to TV, theaters
Terrorist Carlos the Jackal is coming to the Sundance Channel and then to U.S. theaters via IFC Films.
JAL may negotiate debt restructuring -sources
A government task force working on a revival plan for Japan Airlines Corp is considering using a debt restructuring mediation scheme to help ease the airline's financing woes, two sources familiar with the matter said.
Disaster flick 2012 is preposterously fun
If you rolled every disaster movie into one spectacular package, you would wind up with something close to 2012, Roland Emmerich's latest apocalyptic fantasy.
InterContinental warns trading still challenging
InterContinental Hotels, the world's biggest hotelier, said it was too early to forecast a recovery as trading conditions remained challenging after posting a 19 percent fall in third-quarter operating profit.
Precious enjoys charmed life -- so far
It seems almost strange to recall now, but when Precious premiered at Sundance in January, it not only wasn't the biggest movie of the festival, it wasn't even the biggest movie of the night.
Swiss ask experts to probe regulatory failings
The Swiss government has commissioned two independent experts to investigate the failings of financial regulation during the recent crisis, it said on Tuesday.
Feuding rockers Aerosmith looking for new singer
Who wants to become the new singer for Aerosmith?
Singer Michael Buble adding more Love
Michael Buble plans to give fans another dose of Crazy Love in 2010.
Wind Hellas sub bondholders eye lawsuits - sources
Junior bondholders are readying a lawsuit to challenge a restructuring deal for Greek mobile operator Wind Hellas that wipes out their investment, sources familiar with the process said.
Bristol-Myers buys rights to RA drug $85 million
Bristol-Myers Squibb Co said on Tuesday it agreed to pay $85 million for the rights to an experimental rheumatoid arthritis drug being developed by privately held biotechnolgy company Alder Biopharmaceuticals Inc.
Animated films could impact Oscars
As the buzz on a best-picture nomination for WALL-E hit a fever pitch last year, one Pixar confided: This is it. This is our last chance. After this year, we're out of the awards game.
Rammstein album banned from display in Germany
The German government has banned hard rock group Rammstein's latest hit album from public display in stores because of its depictions of sado-masochism.
Economic woes drive Lankan stx to 2-mo low; rupee firm
Sri Lanka's shares hit a two month low on Tuesday, as investor appetite declined due to economic woes and protests ahead of polls, while the central bank's cautious flexibility drove the rupee to a six-month high.
Judge blocks distribution of J.Lo sex movie
A judge on Monday blocked singer-actress Jennifer Lopez's first husband from distributing a tell-all movie with video of the former couple's sex life.
Barclays, HSBC signal bad debts may have peaked
Britain's top two banks, HSBC and Barclays , signaled bad debts may be past their peak, with HSBC declaring on Tuesday the first improvement for three years in losses on U.S. consumer credit.
Lil Wayne's rock album rolling out next month
After much delay, rapper Lil Wayne's rock-inspired album, Rebirth, is now slated for a December 15 release date according to Universal Music Group.
Glee brings joy to beleaguered music industry
Its characters may feel like a bunch of unloved high-school misfits, but the quirky musical TV comedy Glee is putting smiles on the faces of music industry executives searching for new revenue in an era of plunging album sales.
Two Koreas in brief naval clash, vessels hit
Navies from the rival Koreas exchanged gunfire for the first time in seven years on Tuesday, damaging vessels on both sides and raising tension just days before President Barack Obama travels to Asia.
Cost of extra year's climate inaction $500 billion: IEA
The world will have to spend an extra $500 billion to cut carbon emissions for each year it delays implementing a major assault on global warming, the International Energy Agency said on Tuesday.
Obama to visit Asia as domestic issues smolder
Barack Obama this week makes his first trip to Asia as president, leaving behind a host of domestic problems with a visit that recognizes the region's economic and diplomatic importance to the United States.
Eager fans greet Call of Duty game launch
Activision Blizzard Inc's hugely anticipated Call of Duty: Modern Warfare 2 videogame went on sale early Tuesday morning, welcomed by eager fans who lined up hours in advance of the release.
Stocks set for lower open after strong rally
Wall Street was set for a lower open on Tuesday after stocks hit a 13-month high in the previous session on expectations for prolonged low interest rates.
Climate deal to prevent doubling of energy bills
A climate change deal is needed not just to ward off global warming, but to ensure a shift from increasingly costly fossil fuels that could lead to a doubling of energy bills, the IEA's chief economist said on Tuesday.
OSX Snow Leopard 10.6.2 update released, removes Intel's Atom
Apple released on Tuesday a Mac OS X 10.6.2 update which fixes 58 bugs including a bug which has been deleting user data from their Macs.
Energy demand to rise rapidly if no CO2 deal: IEA
World energy consumption will rise rapidly over the next 20 years, pushing up costs and increasing greenhouse gases, unless a deal is reached to curb carbon dioxide emissions, the International Energy Agency (IEA) said Tuesday.
Philippines close to lifting fuel price cap
The Philippines edged closer on Tuesday to lifting a cap on fuel prices in the typhoon-stricken island of Luzon, after the country's president urged a government panel to decide if the area's calamity status should be removed.
Tyco International quarterly earnings fall
Industrial conglomerate Tyco International Ltd posted a 53 percent drop in quarterly net profit as soft economic conditions sapped demand for its construction and control products.
Indonesia says delay in LNG talks with KOGAS
Talks between Indonesia and Korea Gas Corp over liquefied natural gas (LNG) shipments have been temporarily halted, which may delay deliveries, an official at Indonesia's energy watchdog said on Tuesday.
NPS to invest $863 mln in S.Korea companies -paper
South Korea's National Pension Service is in the final stages of talks with SK Energy and other companies to pump a combined 1 trillion won ($863 million) into their plants and equipment, a newspaper reported.