IBT Staff Reporter

The chief executive of Canadian auto supplier Magna International (MGa.TO) said on Tuesday he did not know of any tie-up plans with China's Geely Group.

While most forecasters are expecting a tepid global economic recovery, former International Monetary Fund chief economist Michael Mussa is expecting a steeper rise.

ConAgra Foods Inc posted quarterly profit that beat analysts' estimates and raised its earnings forecast for the full year as commodity costs eased and price increases helped lift sales.

Glee is about to become the first new show of the fall season to get a full season order.

The hardest thing about my running of this year's London marathon was not hitting the wall after 20 miles but having to endure the encouragement of fellow runners and supporters when I started walking after one.

Thousands of people marched through the streets of Zaragoza north east Spain on Saturday to protest Canada's Magna's (MGa.TO) acquisition of 55 percent of General Motors' Opel, Spanish media reported.

The Obama administration has opened a dialogue with major lenders, economists, and government officials over the possibility of extending a financial lifeline to home owners who no longer can afford their mortgages because of job losses.

Electric car manufacturer Tesla Motors and a former executive have settled a legal dispute that stemmed from the company's early struggles to launch a battery-powered sports car, the company said on Monday.

Canadian auto supplier Magna International (MGa.TO) said it plans to hold talks to appease Volkswagen (VOWG.DE), which has threatened to pull business from Magna if it goes through with an investment in Opel.

Canada's commercial lending industry is healthier than its U.S. counterpart, with fewer borrowers behind on payments and other signs an economic recovery is under way, according to a survey by PayNet Inc.

China and the United States, the world's top greenhouse gas emitters, will try to ignite efforts on Tuesday to secure a U.N. global warming pact as worries grow of a dangerously close deadlock in talks.

U.S. stock index futures pointed to a higher open for Wall Street on Tuesday as the U.S. dollar hit a 1-year low against the euro ahead of the start of a Federal Reserve policy meeting, boosting oil and metals prices.

Nexen Inc said it concluded its recent three-well drilling program at Horn River shale gas property and was producing between 15 million cubic feet a day (mmcf/d) to 20 mmcf/d from its five shale gas wells.

The soundtrack for New Moon -- the second movie installment of the Twilight vampire series -- will feature songs by the likes of Radiohead frontman Thom Yorke and the Killers.

American Electric Power Co Inc planned to restart the 675-megawatt Pirkey coal-fired power station in Texas on Sept. 22-24, the company told Texas regulators in a report.

The Michael Jackson movie This Is It -- based on footage from concert rehearsals before his death in June -- will have simultaneous premieres in more than 15 cities around the world next month, the studio behind the film said on Monday.

PG&E Corp's 1,122-megawatt Unit 1 at the Diablo Canyon nuclear power plant in California started to exit an outage and ramped up to 8 percent power by early Tuesday, the U.S. Nuclear Regulatory Commission said in a report.

General Electric Co plans to test a new management model in India that the largest U.S. conglomerate believes will help it flourish through a long period of sluggish post-recession growth in developed markets.

No. 2 U.S. home improvement chain Lowe's Cos Inc backed its outlook on Tuesday for the year ending Jan. 29, but said it might have to recognize impairment charges related to operating stores in the second half of the period.

Brad Pitt has had discussions with the producers of Sherlock Holmes to star in a sequel as the detective's nemesis Moriarty, according to people familiar with the project.

Hedge fund Harbinger Capital Partners said in a regulatory filing it had sold about 5 million shares in New York Times Co at $8.25 apiece on Sept. 17, to reduce its stake to 16.38 percent from 19.94 percent.

Oil rose above $70 a barrel on Tuesday, supported by a weaker dollar and recovering from a sharp fall the previous day, but bulging inventories and slow demand limited gains.

Credit Suisse downgraded Dell Inc to neutral raising concerns over the company's acquisition strategy, and recommended investors take profits from Dell stock but add positions in Hewlett-Packard Co, Apple Inc and EMC Corp.

U.S. stock index futures rose on Tuesday as the U.S. dollar hit a 1-year low against the euro ahead of the start of a Federal Reserve monetary policy meeting, boosting oil and metals prices.

Big Citi Stake Sale; Google's Trademark Battle; Stocks Higher

The euro hit a one-year high against a sliding dollar on Tuesday as dealers resumed selling the U.S. currency following its rise the previous day, while markets awaited a Federal Reserve policy decision and Group of 20 summit later in the week.

The White House kept insurance companies squarely in its sights on Tuesday in the push for healthcare reform by releasing research showing that health insurance premiums have risen far faster than inflation in every U.S. state.

U.S. stock index futures rose on Tuesday as the U.S. dollar hit a 1-year low against the euro ahead of the beginning of a Federal Reserve monetary policy meeting, boosting oil prices.

Singapore's largest sovereign wealth fund GIC said on Tuesday it had halved its stake in Citigroup to below 5 percent, making a profit of $1.6 billion as global equity markets rebound.