IBT Staff Reporter

The GOP poked fun at President Obama's Nobel Peace Prize in a fundraising letter sent out to supporters on Friday.

Airbus is confident its delayed A400M military transport plane will fly by the end of the year but dismissed a magazine report that its maiden flight could come as soon as November 30 as fantasy.

The market order is the most frequently used order. It is a very good order to use once you have made a decision about opening or closing a position. It can keep the customer from having to chase a market trying to get in or out of a position. The market order is executed at the best possible price obtainable at the time the order reaches the trading pit.

Delaware judges will need to find a way to avoid ruling in corporate cases involving government-controlled companies like American International Group Inc if they are to protect the state's corporate law, a law professor said on Friday.

A merger of Russian cellphone operator Vimpelcom and Ukrainian mobile leader Kyivstar was ranked as the world's biggest deal this week, according to Thomson Reuters data released on Friday.

German Landesbank Bayern LB needs less state aid and is negotiating with the bank rescue fund SoFFin about returning 10 billion euros, a source close to the company said on Saturday.

An economic indicator is information amassed and published by a government or private entity recording the activity in a particular economic sector, either in a specific industry or in an entire economy. Most indicators are statistical, but they can be anecdotal or subjective as well. Indicators are recorded and published on a regular basis by many organizations and are used by traders to assess the strengths or weaknesses of an economy, to predict future activity, to judge central bank policy, ...

The world's airlines have agreed to new fuel efficiency and carbon emission targets which go much further than the levels required through regulation, an industry group said on Saturday.

China's Commerce Ministry said on Saturday that it has not yet received an application about machinery maker Tengzhong's bid to buy General Motors' Hummer brand.

Marine fuel supplier Chemoil Ltd expects to post a net loss in the third quarter, hurt by weak fuel oil margins.

Banque Saudi Fransi, the Saudi affiliate of France's Calyon, posted a 1.9 percent fall in third-quarter net profit on lower fees from deposit management and its local brokerage.

India is set to become a global leader in technology services as software companies move up in the value chain, while the weak dollar has hurt the U.S. economic recovery, the Chairman and CEO of business publisher Forbes said on Saturday.

Saudi Arabia's Almarai Co, the Gulf's largest dairy company by market value, posted a 23.7 percent rise in third-quarter net profit but sales slowed down as swine flu kept pilgrims away from the kingdom.

Iran's state oil firm and Total have resumed talks about the French energy company's participation in a major liquefied natural gas (LNG) project after a gap of several months, a news agency said on Saturday.

The American whiskey market may be back on a roll. The industry which produces Jack Daniel's and Jim Beam is seeing sales flatten in its domestic market but overseas business is booming and driving overall growth.

China will cut the price of aviation fuels by about 4 percent from Sunday, reflecting recent falls in international crude oil prices, according to an announcement from the National Development and Reform Commission.

The world's airlines have agreed to new fuel efficiency and carbon emission targets which go much further than the levels required through regulation, an industry group said on Saturday.

The world's book trade meets in Frankfurt next week on the brink of a long-feared transformation of the industry for which few are well prepared.

India is set to become a global leader in technology services as software companies move up in the value chain, while the weak dollar has hurt the U.S. economic recovery, the Chairman and CEO of business publisher Forbes said on Saturday.

Prime Minister Gordon Brown, who has faced questions in recent weeks over his health and eyesight, has two minor tears in his retina but will not require further surgery, his office said on Saturday.

The French military fired on pirates in the Indian Ocean on Saturday to protect two tuna fishing vessels, a spokesman for France's armed forces said.

Philippine President Gloria Macapagal Arroyo mobilized troops on Saturday to clear roads of debris and mud in mountainous northern provinces isolated by landslides and floods that left 184 dead after a week of heavy rains.

North Korea wants to ease a standoff with the United States, Japan and South Korea, Chinese Premier Wen Jiabao told East Asian neighbors at a summit focused on Pyongyang's nuclear weapons and regional integration.

China said it adamantly opposed a U.S. inquiry that could lead to new duties of 100 percent or more on seamless steel Chinese-made pipes, accusing Washington of blindly hitting its products with anti-dumping accusations.

With a critical Senate committee vote on healthcare reform looming, President Barack Obama on Saturday urged lawmakers to unite behind the effort but Republicans warned the plan would slap a hefty tax on many Americans.

Suspected Taliban militants wearing army uniforms attacked the Pakistani army's headquarters on Saturday, killing six soldiers and triggering a battle in which four gunmen died, military officials said.

Polish President Lech Kaczynski signed the European Union's reform treaty into law on Saturday, leaving the Czech Republic as the only country still to ratify the document.

The Della Valle family's stake in Italian debt-laden eyewear maker Safilo is a good investment and the company could do great things with a local rival, Diego Della Valle said in a Saturday newspaper interview.

The ultra-rich are taking a more hands-on approach to investing and protecting their fortunes, and are increasingly determined that their children also know the ropes, wealth managers say.