IBT Staff Reporter

The amount of metal ETF Securities holds to back its palladium exchange-traded commodity was at a record high on August 21, the company said in a daily report on Monday.

Volkswagen AG (VOWG.DE) agreed on Saturday to give workers at its plant in Mexico a small raise, clearing the way to end a strike in an industry already hurt by the U.S. recession.

Russia's biggest lender Sberbank posted a 6.8 billion rouble ($212.9 million) net profit at Russian accounting standards for January-July of 2009, a 90 percent decline from the same period of 2008, the bank reported on Monday.

Taiwan authorities will not attempt to recover the bodies of hundreds feared killed in a village by a mudslide this month, and will instead turn the site into a memorial park, a local leader said Monday.

Fire-fighters were beating back wildfires on Monday that have swept through homes and huge swathes of forest near Athens for three days, forcing thousands to flee.

Deutsche Bank plans to issue new Tier 1 debt in a deal that could reopen Europe's market for hybrid subordinated financial debt as banks seek to rebuild balance sheets in the wake of the financial crisis.

Iran will continue to cooperate with the U.N. nuclear watchdog, the Foreign Ministry said on Monday, apparently confirming Tehran had given inspectors access to a reactor under construction after barring visits for a year.

Fox-Pitt Kelton expects Citigroup Inc to face another $44 billion in loan losses over the next 18 months, but said the embattled bank's capital is now strong following the painfully dilutive preferred conversion.

Israeli Prime Minister Benjamin Netanyahu expects no breakthroughs at a meeting this week with a U.S. peace envoy, but hopes talks with the Palestinians can resume within two months, a spokesman said on Monday.

Toyota Motor Corp (7203.T) will recall 688,314 Camry and other sedans made at its two China joint ventures from Tuesday, its largest recall in the country, to fix a faulty electric switch to the window.

Canadian oil and natural gas trust Daylight Resources Trust said late on Sunday it is to buy Highpine Oil & Gas Ltd for C$530 million ($492 million) including the assumption of debt and transaction costs.

A U.S. official charged with enforcing U.N. sanctions on North Korea sought South Korea's continued support during talks on Monday even as Pyongyang makes conciliatory moves after months of military grandstanding.

Nordic telecom operator TeliaSonera said on Monday it launched cash offers to buy out minority shareholders in its Baltic affiliates Eesti Telekom and TEO LT.

The United Nations special envoy to Afghanistan urged candidates and voters on Monday to remain patient while complaints surrounding last week's disputed presidential election are being considered.

Healthy patients who get H1N1 swine flu without suffering complications do not need to be treated with antivirals like Tamiflu, the World Health Organization (WHO) said on Friday.

Toyota Motor Corp will recall 688,314 Camry and other sedans made at its two China joint ventures from Tuesday, its largest recall in the country, to fix a faulty electric switch to the window.

Honda Motor Co Ltd (7267.T) plans to develop an electric car to debut in the U.S. market by around 2015 as tighter environmental regulations push demand for zero-emission vehicles, the Nikkei newspaper said on Saturday.

The flu drugs Tamiflu and Relenza may not be worthwhile to treat seasonal influenza in healthy adults, British researchers reported on Friday.

Warner Chilcott, an Irish drugmaker that specializes in contraceptives and female hormone treatments, will buy Procter & Gamble Co's pharmaceuticals business for $3.1 billion, the companies said on Monday.

TV reality star Ryan Alexander Jenkins, 32 who was charged with the murder of his ex-wife Jasmine Fiore was found hanging in a motel on Sunday in an apparent suicide, CNN reported.

U.S. President Barack Obama hammered away at

Calls to poison control centers for U.S. teenagers who have overdosed on attention deficit drugs rose 76 percent over eight years, researchers reported on Monday.

Stock index futures pointed to a higher open on Wall Street on Monday, with stocks looking to extend last week's gains on signs that major world economies were emerging from recession.

People who stay even moderately fit as they age may live longer than those who are out-of-shape, a new study suggests.

Germany is ready for further talks with General Motors on the sale of European carmaker Opel and wants to avoid confrontation with the U.S. firm on the matter, a government spokesman said on Monday.

Oil rose toward $75 a barrel on Monday, within sight of a 10-month high, supported by optimism that an economic recovery will spur a rebound in global energy demand.

The board of General Motors Co declined on Friday to name Canada's Magna International as the winning bidder for Opel, leaving the fate of its German unit up in the air.

While consumers may not have direct control over huge credit and debit card information breaches - such the recent disclosure by U.S. authorities that hackers allegedly stole data linked to 130 million accounts from various companies - there are still some ways which people can take precautions.

A study in Taiwan has found that smokers are twice as likely to develop active tuberculosis compared to people who have never smoked, prompting calls for policymakers to be tougher on smoking.