IBT Staff Reporter

Solar cell maker China Sunergy Co Ltd said it signed a series of sales contracts to supply up to 10 megawatts of solar modules to NUE PTY Ltd, an Australian solar company.

Mondobiotech, which listed on the Swiss stock exchange last week, aims to raise 5-10 million Swiss francs ($4.7-9.4 million) every two months by issuing new shares, its chief executive said.

The future of wind farms and hybrid cars may well hinge on what happens to a 55-acre (22.3-hectare) hole in the ground at the edge of California's high desert.

Polish refiners PKN Orlen and Lotos said weak margins would continue to weigh on operating results which dropped 60 percent in their second quarters, although both beat low expectations on the net profit level.

Kenya's biggest cement producer, Bamburi, reported a 55 percent jump in first-half pretax profit to 4.5 billion shilling ($59 million), as the economy recovered from last year's violence.

NEW YORK - U.S. copper futures extended a pull-back from last week's 11-month highs Monday morning, as a sharp plunge in Chinese and U.S. equity markets curbed economic recovery hopes, and a firmer dollar combined to drag prices down to one-week lows.

Whirlpool Corp (WHR.N) said on Monday that it would take $51 million of charges in connection with the closing of its Evansville, Indiana, facility.

South Korean private equity firm Vogo Fund is buying the 30.7 percent stake of two banks in a domestic card processing company for $156 million and is in talks with other banks to raise its holdings to more than 50 percent within this year.

Chemical maker Huntsman Corp said on Monday that it would bid $415 million for some assets of bankrupt rival Tronox Inc to expand its pigments business.

Oilfield services company Baker Hughes Inc said on Monday it would buy peer BJ Services Co for $5.5 billion to broaden its product line and take on the industry's giants

U.S. accounting rulemakers have proposed requiring new disclosures on how companies value illiquid assets, a move designed to make it easier for investors to assess businesses' financial health.

Oil field services provider, Baker Hughes, said Monday it would acquire oil oil-services firm BJ Services in a $5.5 billion stock-and-cash transaction.

Stocks fell on Monday after Chinese equities dropped sharply and commodities fell on concerns that asset prices have run ahead of the economic realities.

New York Federal Reserve Bank President William Dudley said it is too early to talk about curtailing the central bank's long-term security purchases while the U.S. economic recovery is fragile.

NEW YORK - Merck & Co Inc announced plans on Monday for a reorganization once its acquisition of Schering-Plough Corp closes later this year, including naming leaders for five main divisions.

Oil fell more than 3 percent to around $70 a barrel on Monday as a drop in China's key stock dented optimism about the pace of economic recovery and the U.S. dollar strengthened.

Walt Disney Co said on Monday it plans to buy Marvel Entertainment Inc for $4 billion in a deal that would add characters like Iron Man, Spider-Man, and the Fantastic Four to its entertainment empire.

Chinese banks are expected to seek investment opportunities in Taiwan, hoping to apply new government guidelines and tap the busy cross-strait commerce, J.P. Morgan's (JPM.N) Brian Gu told Reuters on Monday.

South African paper maker Sappi said on Monday it has begun cost-reduction talks at three of its kraft and fine paper mills in South Africa, which may impact 400 staff.

Good news if you love to eat popcorn at the movies--your favorite snack is healthier than previously thought! New research shows that popcorn and cereals contain phenol antioxidants, thought to protect against heart disease and cancer.

Walt Disney Co said on Monday it plans to buy Marvel Entertainment Inc for $4 billion in a deal that would add characters like Iron Man, Spider-Man, and the Fantastic Four to its entertainment empire.

NEW YORK - Walt Disney Co said on Monday it plans to buy Marvel Entertainment Inc for $4 billion in a deal that would add characters like Iron Man, Spider-Man, and the Fantastic Four to its entertainment empire.

Hedge fund firm Citadel Investment Group LLC on Monday said it terminated a plan to sell 120 million shares of E*Trade Financial Corp over the next three months.

For more than two decades, Frank Ramirez has made a living working an unusual job in Silicon Valley: assembling cars and trucks for Toyota Motor Corp and General Motor Co.

Stock index futures pointed to a lower open on Monday as Chinese equities dropped sharply and commodities fell on concerns that asset prices have run ahead of the economic realities.

NEW YORK- Oilfield services company Baker Hughes Inc (BHI.N) said on Monday that it would buy peer BJ Services Co (BJS.N) for $5.5 billion in a move to take on sector giants Halliburton Co (HAL.N) and Schlumberger Ltd (SLB.N).

NEW YORK - Entergy Corp's 1,025-megawatt Indian Point 3 nuclear power unit in New York was back at full power early Monday, after shutting late late last week due to an automatic reactor trip, the U.S. Nuclear Regulatory Commission said in its power reactor status report.

U.S. Federal Reserve officials are thinking carefully about tapering off their purchases of mortgage debt to push the $1.45 trillion program into next year rather than end it on Dec. 31 as planned.

NEW YORK - Exelon Corp's 619-megawatt Oyster Creek nuclear power unit in New Jersey was back at full power early Monday, up from about 50 percent of capacity early Friday, the U.S. Nuclear Regulatory Commission said in its power reactor status report.