IBT Staff Reporter

Britain and Belgium on Monday urged the European Commission to ensure the takeover of carmaker Opel did not favor German workers because of 4.5 billion euros ($6.55 billion) in promised aid from Berlin.

Goldman Sachs raised its price targets on several European auto makers, saying the sector can continue to outperform, helped by potential positive 2010 earnings surprises that could come from an increase in sector consolidation.

Ariad Pharmaceuticals Inc said an independent committee of experts recommended that a late-stage trial of the company's experimental cancer treatment may continue.

So far, so impressive. After only a handful of fall premieres, broadcasters already have two reasons to celebrate: Fox's Glee and the CW's The Vampire Diaries debuted to strong numbers last week, suggesting that perhaps the coming weeks won't be a repeat of last fall's disappointing returns.

Prospect Capital Corp, a closed-end investment company, reported a lower-than-expected net investment income for the fourth quarter, hit by a 27 percent drop in interest income.

Kanye West abruptly interrupted Taylor Swift when she was giving her acceptance speech after winning an award for Best Female Video at the MTV Video Music Awards Sunday.

The first half-hour of The Invention of Lying, co-directed and co-written by Ricky Gervais and Matthew Robinson, is so sharply fresh, clever and laugh-out-loud hilarious that you can't help but wonder how they'll sustain it for another hour.

Faroe Petroleum Plc said on Monday it had discovered gas at its Glenlivet exploration well, its first gas find in the Atlantic Margin, and drilling a potential sidetrack well was being considered.

Call it Toronto: Next Gen. This year's crop of Toronto films feature a high number of features directed by the progenies of famous directors and other high profile parents.

The auto industry faces a cap on carbon dioxide emissions from vans in the European Union from July 2013 or fines for each vehicle that fails to comply, a draft EU document shows.

Designer Tom Ford makes a surprisingly successful leap from the fashion industry to the big screen with A Single Man, a standout directing debut about a gay college professor who loses his longtime partner.

Wall Street was poised for a lower opening on Monday as a decision by the United States to impose special duties on Chinese tires sparked investor concerns about a possible trade dispute.

Director Ed Zwick's Love and Other Drugs cast has swollen a bit further.

The Other Guys has found a girl.

Climate change could cut gross domestic product in countries at a high risk from weather catastrophes by up to a fifth by 2030 unless urgent steps are taken, a report said on Monday.

NEW YORK - Constellation Energy Group Inc's 498-megawatt Ginna nuclear power station in New York shut by early Monday from full power early Friday, the U.S. Nuclear Regulatory Commission said in a report.

Alexza Pharmaceuticals Inc said preliminary results from a mid-stage trial of its migraine drug showed it did not meet the primary goal of headache pain-relief at two hours post-dose.

A bill that would power up California's already ambitious effort to shift to cleaner, renewable energy has cleared the state legislature, but it was uncertain if Governor Arnold Schwarzenegger would sign it

Web TV firm Joost, owned by the founders of Skype, removed its high-profile chairman Mike Volpi by shareholder vote, it said in a statement late on Friday.

U.S. stock index futures indicated a lower opening on Monday as a decision by the United States to impose special duties on Chinese tires sparked investor concerns about a possible trade dispute.

Daily Outlook - Sept 14

Nortel Networks Corp said Avaya Inc has emerged as the successful bidder at a bankruptcy auction for its Enterprise Solutions business and has agreed to pay $900 million in cash for the unit.

Thomson Reuters Corp said its tax and accounting business agreed to buy the Abacus Enterprise range of software and related business operations from Deloitte LLP.

Visa Inc, the world's largest payment network, said on Monday that its U.S. payment volume had declined in August as fewer consumers used their credit cards.

U.S. stock index futures fell on Monday as a decision by the United States to impose special duties on Chinese tires sparked investor concerns about a possible trade dispute.

U.S. stock index futures fell on Monday as a decision by the United States to impose special duties on Chinese tires sparked investor concerns about a possible trade dispute.

Oil eased toward $68 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.

Morgan Stanley could be the first of many big banks to tap their more staid businesses for the next generation of leaders, but that might not be enough to contain the culture of risk-taking that creates financial meltdowns.

Germany's plan to provide 4.5 billion euros ($6.5 billion) in state aid to Opel threatened on Monday to spark a political storm across Europe over where the carmaker was likely to cut plants and jobs.