Kuwait signs $2.65 bln power deal with GE, Hyundai
Kuwait has signed a $2.65 billion contract with General Electric Co and Hyundai Heavy Industries to build and operate a power plant in the north of the country, General Electric said.
Auto sales boosting Indian rubber demand
Indian rubber consumption in the year to April 2010 is seen at 881,000 tonnes, slightly higher than the previous estimate of 875,000 tonnes helped by higher demand for automobiles, the country's Rubber Board said.
UPDATE 2-Nortel to sell enterprise unit to Avaya
U.S. telecom equipment maker Avaya Inc has emerged as the successful bidder at a bankruptcy auction for a Nortel Networks Corp unit that builds corporate networks, and will pay $900 million for the business.
Asustek sees shipments of 11-13 mln portable PCs
Netbook PC pioneer Asustek said on Monday it expects to ship 11-13 million portable PCs this year as demand increases in Europe and other markets.
Oracle plans first Sun database computer
Oracle Corp has developed a computer with Sun Microsystems Corp, the hardware company it is buying for $7 billion, under a brand that it has exclusively sold with Hewlett-Packard Co.
Weather to buy back 744.6 million euros of bonds
Weather Investments, an Italian-based holding company that owns Egypt's Orascom Telecom, said on Monday holders of 744.6 million euros ($1.1 billion) worth of the firm's bonds had agreed to sell them back.
Delta boosts 3rd-quarter margin forecast
Delta Air Lines , the world's biggest airline, boosted its operating margin forecast for the third quarter, citing lower fuel costs, and said other financial measures were trending in line with or better than year-earlier and second-quarter levels.
China showers gifts on resources-rich Timor
Dili's gleaming new Presidential Palace and Foreign Ministry, gifts from China, stand in stark contrast to nearby burned-out buildings and are symbols of how the energy-hungry superpower is growing closer to tiny, oil-rich East Timor.
Canon to provide multifunction printers to HP
Canon Inc said it will start providing its latest multi-functional printer models to Hewlett-Packard later this year, broadening the long-running partnership between the companies.
Netanyahu says won't freeze building in settlements
Prime Minister Benjamin Netanyahu said on Monday Israel would not freeze all building in West Bank settlements as demanded by Washington but could limit its scope to help to restart peace talks with the Palestinians.
Brazilian financier Esteves plans BTG IPO-report
Brazilian billionaire Andre Esteves plans an initial public offering for his BTG Pactual investment bank in 2010, Valor Economico newspaper reported, without citing a source for the information.
GE, Vale have inquired about listing in China - CLSA
Asia-focused brokerage CLSA said General Electric and Brazilian miner Vale SA and several other companies have inquired about listing in
Iran's talks with world powers to start next month
Iran and world powers seeking to resolve a dispute over Tehran's nuclear program will start talks on October 1, in what a senior U.S. official described as an important first step.
Recent bin Laden messages
Al Qaeda leader Osama bin Laden warned the American people over their government's close ties with Israel in an apparently new audio tape posted on an Islamist website on Monday.
Britons jailed for 9/11-scale airline bomb plot
Three Britons were jailed for life on Monday for plotting a terrorist outrage on the scale of the September 11 attacks by blowing up transatlantic airliners bound for North America using bombs made from liquid explosives.
Cadbury steps up defense, Q3 seen brought forward
British bid target Cadbury is set to beef up its defense against Kraft this week as CEO Todd Stitzer addresses investors and it ponders an early third-quarter update, analysts and fund managers said.
Beyonce gives up speech for Taylor Swift's moment at VMA 2009 (Video)
Beyonce gave up her time to give an acceptance speech at the MTV VMA's Sunday night to allow singer Taylor Swift end her own speech which earlier was spoiled by an abrupt interruption of rapper Kanye West.
Barclays ahead early in Lehman carve-up
A year ago, Barclays and Nomura were preparing to dismember the carcass of recently-deceased Lehman Brothers. Twelve months seems a good time to ask: who got the tastier meal?
Tenet boosts profit forecast, shares jump
Hospital operator Tenet Healthcare Corp boosted its full-year profit forecast on Monday, citing a stronger-than-expected performance over the summer, and its shares jumped more than 10 percent.
MGIC defers certain interest payments; shares fall
MGIC Investment Corp said in a regulatory filing that it was deferring interest payments on certain debentures which were due on Oct. 1, sending its shares down as much as 6 percent.
Harmony Gold, DRDGOLD settle with ArcelorMittal
Shares in ArcelorMittal recovered on the news and were trading 0.87% down at R115 by 1217 GMT, after falling as much as 4%. ArcelorMittal in May won an appeal against a record fine of R691.8 million ($92.29 million) imposed on the company in September 2007 for charging excessively for flat steel products and preventing customers from selling on steel.
Intel restructures after executive departs
Intel Corp, the world's largest chipmaker, said on Monday it was restructuring its business to consolidate all of its major product divisions into a new Intel Architecture Group, and appointed Sean Maloney and Dadi Perlmutter as its leaders.
Wall Street lower after U.S.-China trade spat
Wall Street slipped on Monday as a decision by the United States to impose special duties on Chinese tires sparked concerns about a possible trade dispute.
Lowering Cholesterol Naturally
The Wellness Advisor spoke with Dr. Alex Tan to get his advice about Lowering Cholesterol Naturally. Dr. Tan is a naturopathic medical doctor (ND)
Oil drops towards $69 on dollar, position limits
Oil eased toward $69 a barrel on Monday, after a decision by a major U.S. commodities exchange to enforce limits on large positions increased uncertainty and the dollar strengthened slightly.
Alternative Natural Health
Did you know that there are natural approaches for coping with some common health conditions? As we mature, many of us are looking for natural solutions to help maintain our overall wellness.
Maintain Heart Health Naturally
New Opel to invest 170 million euro in Russia: Magna
The new Opel formed when Canadian automotive group Magna (MGa.TO) and its Russian partners take over the carmaker plans to invest 170 million euros ($247.5 million) in operations in Russia, Magna co-Chief Executive Siegfried Wolf said on Monday.
GM's Lutz says one 'cash for clunkers' enough
The cash for clunkers stimulus program helped the auto industry but there is no need for another similar program, General Motors GM.UL Vice Chairman Bob Lutz said on CNBC on Monday.
Calpine shuts California Pastoria natgas plant
Calpine Corp shut the 724-megawatt Pastoria natural gas-fired power station in California for planned reasons by Sunday afternoon, the California Independent System Operator said in a report.
Renault eyes auto sector rebound from 2010-paper
Renault (RENA.PA) has yet to emerge from the global economic crisis, although the auto sector should see a gradual rebound from 2010, the French car maker's chief operating officer, Patrick Pelata, told French newspaper La tribune on Monday.