IBT Staff Reporter

British Airways , American Airlines and Iberia may have to give up take-off and landing slots for their Oneworld transatlantic alliance to go ahead, the Financial Times reported on Monday.

Dutch brewer Heineken has held discussions to buy the brewing operations of Mexican conglomerate Femsa , the Financial Times reported on Sunday in its electronic edition.

Office workers that spend more than 40 minutes a week on social networking sites like Facebook, Twitter and MySpace are costing businesses around $2.3 billion a year in lost productivity, according to a new survey.

The real estate investment manager who led the California Public Employees' Retirement System, the nation's largest pension fund, into a money-losing land venture has resigned as an adviser to the fund, a spokeswoman for MacFarlane Partners said on Saturday.

BP's incoming chairman, the former Ericsson boss Carl-Henric Svanberg, will lead a shake-up of the oil giant's boardroom when he takes over, The Sunday Times reported.

The amazing eyes of a giant shrimp living on Australia's Great Barrier Reef could hold the key to developing a new type of super high-quality DVD player, British scientists said on Sunday.

Stock bulls may hit the pause button again this week if a wave of earnings due from marquee names such as Exxon Mobil and a slew of economic data offer no new incentives to extend Wall Street's seven-month rally.

Afghan police fired into the air on Sunday to break up a protest by thousands of people who had gathered in the capital, Kabul, to protest against what they said was the desecration of a copy of the Koran by foreign troops.

Qatar Airways is very interested in buying Bombardier Inc's CSeries jetliners, but needs to address commercial issues before it makes an order, the airline's chief executive said on Sunday.

India's Prime Minister Manmohan Singh rebuffed China's wishes that it bar the Dalai Lama from traveling to a disputed border area, telling Chinese Premier Wen Jiabao the Tibetan spiritual leader was an honored guest.

Police are following several lines of inquiry into the Lockerbie bombing focusing on possible accomplices of convicted former Libyan agent Abdel Basset al-Megrahi, Scottish authorities said on Sunday.

Asia-Pacific leaders called on Sunday for regional-wide free trade and other measures to reduce dependence on the United States and big Western markets as Asia leads the way out of the global economic downturn.

A team from the U.N. nuclear watchdog inspected a nuclear site in Iran on Sunday that has heightened Western fears of a covert program to develop atomic bombs, the semi-official Mehr news agency reported.

Two suicide bombs tore through Baghdad on Sunday, killing 132 people, wounding more than 500 and leaving mangled bodies and cars on the streets in one of Iraq's deadliest days this year, police said.

The Japanese government plans to put a state-backed turnaround body in charge of the overhaul of Japan Airlines , the Nikkei business daily said, underlining the government's deeper involvement in the process.

The Japanese government has decided to put a state-backed turnaround body in charge of the revitalisation of Japan Airlines, the Nikkei business daily said on Sunday, underlining the government's deeper involvement in the process.

The real estate investment manager who led the California Public Employees' Retirement System, the nation's largest pension fund, into a money-losing land venture has resigned as an adviser to the fund, according to news reports.

Japan's government has begun looking into special legislation to deal with the restructuring of struggling Japan Airlines Corp, the Yomiuri newspaper reported on Saturday.

Volkswagen is offering to save Germany's Karmann from going bust, but the contract carmaker's owners are demanding more money than VW is willing to put up, weekly Spiegel reported, giving no details of its sources.

India's top carmaker Maruti Suzuki warned rising input costs and a stronger yen could put pressure on its margins in the future as it reported a 93 percent jump in quarterly profit on Saturday.

Blackstone Group's Merlin Entertainments, the theme park group that owns Legoland and the London Eye, is preparing an initial public offering, the Financial Times website reported on Friday.

Private equity firms Kohlberg Kravis Roberts & Co and General Atlantic are moving closer to a deal to buy Northrop Grumman's TASC unit, a source familiar with the situation said on Friday.

United Community Banks Inc posted a wider-than-expected quarterly loss, hurt by higher provision for loan losses, but said it expected to return to profitability in 2010.

Utility company Duke Energy Corp said it agreed to develop commercial solar power projects in the United States with ENN Group, a private Chinese energy company.

JPMorgan Cazenove's joint venture owners are keen to decide whether J.P. Morgan should buy out its UK investment banking partner before bonuses are set for staff around the turn of the year, industry sources said.

Private equity firm Apollo Management cut more than $1.9 billion of costs out of its portfolio companies after the financial crisis, according to a letter sent to its investors on Thursday.

Federal prosecutors in the Galleon Group case have sent a subpoena to a former employee of SAC Capital Advisors, a sign that the scope of the probe into the largest hedge fund insider trading case in history is expanding, the Wall Street Journal reported, citing people familiar with the matter.

Forty years ago, actor Peter Fonda flew down America's highways on a motorcycle in counterculture classic Easy Rider. So what better way to celebrate the film's anniversary than with a bunch of bikers?

Gossip Girl actress Leighton Meester hasn't yet released her Universal Republic debut. But it appears the TV star is well on her way to silencing naysayers about her fledgling singing career.