Bernanke warns on export-led growth in Asia
U.S. Federal Reserve Chairman Ben Bernanke warned on Monday that pursuit of export-led growth by Asian nations could lead to a reemergence of global trade imbalances and undercut efforts to achieve more durable growth.
Antidepressant improves recovery from spine injury
A common antidepressant combined with an intensive treadmill training program helped people with partial spinal cord injuries walk better and faster, U.S. researchers said on Sunday.
Spotify to launch mobile offering with 3, HTC
Sweden's Spotify, the European digital music service, will be available to customers of British mobile operator 3 through a new HTC Hero phone, the three companies said on Monday.
U.S. seeks more information on Novartis lung drug
U.S. regulators have asked for more information on dosing proposed for a drug from Novartis AG for smoker's lung, or chronic obstructive pulmonary disease, the Swiss group said on Monday.
Corning glass output hurt by Taiwan plant incident
Specialty glass maker Corning Inc said on Monday a weekend power disruption at its plant in Taichung, Taiwan, will hurt glass production in the fourth quarter.
Bernanke cautions on risks from imbalances
U.S. Federal Reserve Chairman Ben Bernanke warned on Monday that Asian policies promoting exports could lead to a reemergence of imbalances in trade and capital flows, which some believe helped fuel the U.S. housing bubble.
Carbon Trust injects funds into UK clean tech
The government-funded Carbon Trust said on Monday it will commit up to 18 million pounds ($29.34 million) in funding for the UK's clean energy sector.
Economic Forecast: U.S. new home construction rose again in Sept., says Bloomberg poll
New U.S. housing construction data to be released tomorrow is expected to show more new work in September compared to the previous month, despite lower levels compared to the same period last year.
2010 Soccer World Cup emissions to soar: minister
Carbon emissions from next year's soccer FIFA World Cup are expected to soar from the 2006 benchmark set by Germany, host nation South Africa said on Monday.
Gannett quarterly profit and ad revenue sink
Gannett Co Inc, the largest U.S. newspaper publisher, reported a lower quarterly profit that beat market forecasts on Monday because of cost cuts, while revenue fell because of a 28 percent drop in publishing advertising sales.
Wall St rises on earnings optimism
U.S. stocks rose on Monday, buoyed by investor optimism over the strength of earnings season at the beginning of a busy week for corporate results.
Daimler builds cash pile in Q3, shares jump
Daimler boosted its cash cushion in the third quarter, it said on Monday as it unexpectedly published key quarterly earnings figures.
BB&T report slumps as credit issues weigh
BB&T Corp said on Monday third-quarter profit fell 56 percent as continuing credit issues weighed on results.
Drug feud shooting kills 8 in Puerto Rico
Hu shuli, the chief editor of Caijing, Chinese most influential magazine, may resign to launch a new venture after journal's Daphne Wu Chuanhui and nearly 70 employees, or more than two-thirds of the business department, had resigned.
Thai king's condition good, no fever: palace
Thai King Bhumibol Adulyadej's condition is good and he no longer has fever, the palace said on Monday, 30 days after he was admitted to hospital suffering from fever and fatigue.
U.N.-backed watchdog submits Afghan fraud findings
Afghanistan's U.N.-backed election watchdog on Monday sent its long-awaited ruling over fraud investigations into the August 20 presidential poll to the country's election commission.
Media Corp surges as Google lifts search penalty
UK Internet advertising firm Media Corp said Google Inc had lifted a penalty that hurt its rankings in Internet search results, adding the move could boost its 2010 pretax profit by 1 million pounds ($1.6 million).
Gannett quarterly profit, ad revenue sink
Gannett Co Inc, the largest U.S. newspaper publisher, reported a lower quarterly profit on Monday and revenue fell because of a 28 percent drop in publishing advertising sales.
Darfur kidnap victims endured mock assassinations
Two Darfur aid workers held captive on a harsh mountaintop on the remote Sudan-Chad border for 107 days said they felt anger at mock assassinations by their captors but clung to the hope they would be released.
Buying cheap goods may support human trafficking
Why is that tomato so cheap?Campaigners are telling shoppers to find out where the food and goods they buy come from to avoid unwittingly supporting a modern form of slave labor with their purchases.
Evergrande targets $769 mln HK IPO, way below '08 plans
Chinese property developer Evergrande Real Estate Group Limited plans to raise up to $769 million in a Hong Kong initial public offering, according to a term sheet obtained by Reuters on Monday, 63 percent below its attempted goal last year.
China food firm in largest Singapore IPO since '08
Minzhong, a leading Chinese food processing company backed by Singapore's GIC and buyout fund Olympus Capital, has hired JPMorgan to help it go public, sources said on Monday.
Aviva sees $1.79 billion windfall from Delta IPO
British insurer Aviva said it expected to pocket 1.2 billion euros ($1.79 billion) from the partial stock market flotation of Dutch subsidiary Delta Lloyd, financing growth opportunities including possible acquisitions.
Princeton Review to buy online career education co
Educational services provider Princeton Review Inc said it agreed to buy online career education company Penn Foster Education Group Inc for about $170 million in cash.
Icahn says offered $6 billion loan to CIT
Famed corporate raider Carl Icahn said he offered to underwrite a $6 billion loan to CIT Group Inc and complained that horse-trading between the troubled lender and its largest creditors was harming other bondholders.
GVT says Vivendi gets OK to make a bid
The board of French media conglomerate Vivendi has given the green light to proceed with an offer for GVT, the Brazilian telecommunications company said on Monday.
China to move residents, keep lead smelters going
China plans to move 15,000 residents in its biggest lead smelting area away from the plants in order to allow them to keep operating, after tests showed over 1,000 children had excessive lead in their blood.
Sprint to buy IPCS and suspend litigation
Sprint Nextel Corp plans to buy wireless affiliate iPCS Inc for about $426 million excluding debt, and the two companies have agreed suspend all litigation between them.
Pakistani forces pound Taliban in South Waziristan
Pakistani forces backed by artillery attacked Taliban insurgents on Monday as the army moved to wrest control of militant strongholds in a lawless region on the Afghan border.
Obama unveils new Sudan strategy
U.S. President Barack Obama on Monday unveiled a new strategy toward Sudan, offering incentives if the Khartoum government worked toward peace, but said it faced tougher steps if it failed to act.