IBT Staff Reporter

Prices of U.S. single-family homes rose for the second consecutive month in June, exceeding expectations and adding to evidence that the three-year housing slump is easing, Standard & Poor's reported on Tuesday.

Italy's Fiat SpA (FIA.MI) needs to find a better route into the booming Asian car markets if it wants to catch its competitors and seal a place near the front of the grid of global automakers.

Prices of U.S. single-family homes rose for the second consecutive month in June, exceeding expectations and adding to evidence that the three-year housing slump is easing, Standard & Poor's reported on Tuesday.

France will push for stronger commitments to limit bankers' bonuses at a meeting of G20 leaders in September, President Nicolas Sarkozy said on Tuesday.

An advertisement video from PSA is being criticized as too graphic for exposing bloody images of an accident caused while a teen is texting while driving.

The Parabolic SAR, developed by Welles Wilder, is used to set trailing price stops. SAR refers to Stop-And-Reversal. It is designed to create exit points for both long and short positions in such a way that it allows for reactions or fluctuations at the beginning of the position, but accelerates upward (for long positions) or downward (for short positions) as the movement tops out. Parabolic SAR is plotted around the price chart similar to a moving average. The basics behind the formula for co...

Holders of a $650 million Islamic bond issued by a unit of troubled Saudi firm Saad have been asked to vote on dissolving the sukuk, trustee Citi (C.N) said on Tuesday.

Burger King Holdings reported a higher quarterly profit on Tuesday, helped by lower costs for food and paper, and shares rose 8.6 percent after executives said traffic appeared to have bottomed in May.

Vietnam will ban smoking in all indoor public places next year and raise tariffs on tobacco products to reduce consumption, the government said.

An X Factor 2009 aspirant Daniel Johnson blew away judges during his first audition when he sang Joe Cocker's A Little Help From My Friends.

A sexually transmitted virus that causes cervical cancer is also to blame for half of all cases of cancer of the penis, Spanish researchers said on Tuesday.

AIDS expert Dr. Helene Gayle, president and chief executive of the charity CARE USA, has been named to chair the Presidential Advisory Council on HIV/AIDS, the U.S. government said on Monday.

Oil prices sank into negative territory Tuesday as dealers took profits from a rally earlier in the day to 10-month highs.

Higher testosterone levels might explain why some women seek out risky financial trading jobs while others stick to more stable business careers, U.S. researchers reported on Monday.

Yahoo Inc said on Monday it has revamped its search to compete against Microsoft Corp's Bing, even as it relies on the Redmond giant to power its queries.

Stocks gained on Tuesday but were off session highs, after strong housing and consumer confidence data and Ben Bernanke's renomination as Federal Reserve chairman cheered investors.

U.S. officials should help drug companies speed up the supply of swine flu drugs and vaccines, making at least some shots available by mid-September, White House science advisers said on Monday.

Video games might be regarded as an obsession for youngsters but in fact the average player is aged 35, often overweight, introverted and may be depressed, according to a U.S. study.

The U.S. national debt will nearly double over the next 10 years as recession crimps government revenue while spending on retirement and medical benefits soars, official forecasts said on Tuesday.

Kitchen-cabinet maker American Woodmark Corp posted a surprise quarterly loss as margins were weighed down by labor and overhead costs, sending its shares down 17 percent.

If you're dining with overweight friends, beware.

Top office-products retailer Staples Inc on Tuesday reported a 38 percent drop in quarterly profit as labor costs increased and its customers bought fewer bigger-ticket items such as furniture.

Slovenia's top household appliance maker Gorenje turned to a net loss in the first half of the year as customers cut spending, but the group said it was seeing some signs of stabilisation.

Spectra Energy (SE.N) units Maritimes Canada and Maritimes U.S. said in separate website postings Tuesday that they learned the Sable Island Offshore Energy Project in Nova Scotia production facility would not return to service as originally scheduled from its planned service outage.

For a few frenzied weeks this summer, the U.S. auto industry has been partying like the good old days of 2007 -- before demand dropped off a cliff.

Chinese supermarket chain Times Ltd's majority shareholder has invited bidders to make offers for the retailer, the Wall Street Journal reported, citing people familiar with the situation.

Deutsche Lufthansa expects it could close the deal to buy Austrian Airlines on or around September 3, a person familiar with the negotiations said on Tuesday.

Toyota Motor Corp (7203.T) plans to raise its production in Japan for the first time in 16 months in November thanks to a recovery in auto sales driven by government incentives, the Asahi newspaper reported on Tuesday.