Early use of antivirals key in H1N1 flu: WHO
Early use of antivirals is effective in treating H1N1 flu and health authorities must be vigilant for signs of drug resistance, the World Health Organisation said on Friday.
Kraft wants Cadbury, but it's not dependent on deal
Kraft Foods Inc told employees it would use fiscal restraint in its pursuit of British confectioner Cadbury, and said its success as a company was not dependent on doing a deal.
EU countries to debate Opel aid doubts on Oct. 7
The European Commission and officials from countries hosting Opel factories will discuss on Oct. 7 Germany's controversial plan to grant state aid for the ailing European carmaker.
G20 takes charge of world economy at U.S. summit
The Group of 20 will become the forum for global economic management, giving rising powers such as China more clout, and roll out tougher rules on bank capital by the end of 2012, a draft communique said on Friday.
Allos Therapeutics' cancer drug gets FDA nod, shares up
Allos Therapeutics said U.S. health regulators granted accelerated approval for its drug Folotyn to treat one of the most deadly and aggressive types of white blood cell cancers, sending its shares up 6 percent.
Shanda Games sets $1 bln U.S. IPO; global issues up
China's top video game operator, Shanda Games, priced its $1 billion U.S. IPO at the top of an indicative range, as firms globally make bold moves to capitalise on a spike in investor confidence.
U.S. new home sales rise 0.7 percent in August
Sales of newly built U.S. single-family homes rose to their highest level in nearly a year in August, according to government data on Friday that indicated the housing market was gradually recovering from a three-year slump.
U.S. watchdog to study GM, Chrysler dealer closures
A U.S. Treasury Department watchdog will study decisions by General Motors Co [GM.UL] and Chrysler to cut more than 2,000 dealers, a key bailout watchdog said on Thursday.
Taiwan to block visit by exiled Uighur leader
Taiwan will not allow exiled Uighur leader Rebiya Kadeer to visit the island as proposed in December, an official said on Friday, a move likely to please rival China but upset anti-China factions at home.
One in five U.S. drivers admits to texting-survey
Nearly one out of five U.S. drivers surveyed has read or sent a text message while behind the wheel, even though nearly all of the respondents in an AAA survey released on Friday considered such action unacceptable.
KB Home loss deeper than forecast, shares tumble
Homebuilder KB Home reported a deeper quarterly loss than Wall Street expected, and its chief executive warned he does not expect meaningful improvement in the U.S. housing market in the near future.
Boeing may offer US Air Force choice of tankers
Boeing Co said Friday it is studying new draft bidding rules to decide which plane or planes to pit against the rival team of Northrop Grumman Corp and EADS's EADS.PA Airbus in a renewed $35 billion contest to supply refueling aircraft to the U.S. Air Force.
New world economic order takes shape at G20
The Group of 20 is set to become the premier coordinating body on global economic issues, reflecting a new world economic order in which emerging market countries like China are much more relevant, according to a draft communique.
GM says may extend money-back guarantee
General Motors Co GM.UL could extend its offer of a 60-day, money-back guarantee for consumers when the marketing program expires at the end of November, GM Vice Chairman Bob Lutz said on CNBC on Friday.
AZZ Q2 beats Street, raises FY 2010 profit view
Electrical equipment maker AZZ Inc posted better-than-expected quarterly results, helped by growth at its electrical and industrial products segment, and raised its 2010 earnings outlook, sending its shares up as much as 8 percent.
Morgan Stanley leads as M&A shows signs of life
Morgan Stanley is outrunning archrival Goldman Sachs as 2009's busiest adviser on mergers as optimism grows that the crippling effects of the financial crisis on dealmaking may be easing.
Noveko Q4 loss widens on charge
Canadian medical equipment maker Noveko International Inc's fourth-quarter loss widened, hurt by a goodwill impairment charge.
G20 takes helm of world economy, to revamp bank rules
The Group of 20 will take on the role of caretakers of the global economy, giving rising powers such as China more clout, and roll out tougher rules on bank capital by the end of 2012, a draft communique said on Friday.
AIDS vaccine protects people, shocks researchers
An experimental AIDS vaccine made from two failed products has protected people for the first time, reducing the rate of infection by about 30 percent, researchers said on Thursday.
Nycomed may up Solvay bid as sale decision looms
Nycomed, the private equity-owned Swiss drugmaker, is looking at sweetening its bid for Solvay's drugs unit with the Belgian chemical and drug maker's board set to meet to decide on the unit's future.
Protesters clash with police at G20
Protesters smashed shop windows and threw rocks at police on Thursday as officers in riot gear used pepper gas and batons to disperse their march against capitalism at the Group of 20 summit in Pittsburgh.
Ford plans $490 mln China plant investment
Ford Motor Co (F.N) announced on Thursday plans to build a new $490-million flexible assembly plant in China, its third in the country, increasing annual production capacity by one-third to meet growing demand.
Allied Irish could gain $3 bln from assets -Bloxham
Allied Irish Banks would gain 2 billion euros ($2.9 billion) in cash by selling its stakes in two U.S. and Polish banks, but wants to keep its holding in Poland's BZ WBK BZWB.WA, a brokerage said on Friday.
Ghosn, Immelt see future for electric cars
A world where electric cars running on clean power is getting closer, corporate leaders said on Thursday, the day after an electric car battery maker raised much more than expected in an initial public offering.
Palestinians want peace deal but don't reject Hamas
Most Palestinians who want a state of their own would like to achieve it through a peace deal with Israel but there is still substantial support for the Islamist Hamas group which favors resistance, according to a new opinion poll.
Myanmar's Suu Kyi gives backing to U.S. engagement
Myanmar's detained Nobel laureate Aung San Suu Kyi will support U.S. plans to engage with the isolated nation but only if opposition groups are involved in any dialogue, her party said.
ING sells Australia wealth JV for 1.1 billion euros
ING will sell its 51 percent stake in a wealth management joint venture to partner Australia and New Zealand Banking Group (ANZ) for 1.1 billion euros ($1.6 billion) as the Dutch group slims down through asset sales.
Obama accuses Iran of building secret nuclear plant
U.S. President Barack Obama and other Western leaders accused Iran on Friday of building a secret nuclear fuel plant and demanded Tehran immediately halt what he called a direct challenge to the international community.
Iran tells IAEA it is building 2nd enrichment plant
Iran has told the U.N. nuclear watchdog that it has a second uranium enrichment plant under construction, a belated disclosure sure to heighten Western fears of a stealthy Iranian quest for nuclear arms capability.
Toy story: Antiques seen fetching millions
More than a thousand antique automotive toys will go on the block this week as Donald Kaufman, whose family founded KB Toys, auctions off his private collection.