IBT Staff Reporter

China is undeterred by recent Sino-Australian tensions and is gearing up for a slew of deals down under in everything from iron ore to property, bankers and lawyers say.

Aug 13, 2009

The European Union said on Thursday it was extending its sanctions on Myanmar to cover members of the judiciary responsible for the verdict in the trial of opposition leader Aung San Suu Kyi.

Aug 13, 2009

Dr Pepper Snapple Group Inc reported a much higher-than-expected jump in quarterly profit on Thursday and raised its full-year outlook, citing lower costs for packaging and ingredients.

Aug 13, 2009

Retail Bumps, Foreclosure Record, Magna's

Aug 13, 2009

The seasonally adjusted jobless claimants volume increased by 24,000 persons in the UK in July, somewhat above the 20,000 rise foretasted by market analysts, although the unemployment rate remained steady at 9.4%.

Aug 13, 2009

The International Association of Machinists and Aerospace Workers said on Thursday that it had moved to seek a union election at Delta Air Lines Inc to resolve representation for 12,700 employees at the carrier and its Northwest subsidiary.

Aug 13, 2009

The U.S. Department of Energy's Information Administration will release its report on natural gas inventories. Analysts expect natural gas inventories gained 66 billion cubic feet last week, a larger than average increase. United Nations working groups are holding climate change talks from 10 to 14 August 2009 in Bonn, Germany.

Aug 13, 2009

Pirates probably hijacked a merchant ship which disappeared after sailing through the English Channel last month, its operator said on Wednesday.

Aug 13, 2009

After a decade of watching film production slowly abandon Hollywood, lured away by financial incentives first in Canada, then other U.S. states, California hopes to woo the movies back home.

Aug 13, 2009

Citigroup Inc energy trader Andrew Hall is proposing to modify his contract in an effort to avoid a confrontation with the Obama administration's pay czar, The Wall Street Journal reported on Thursday, citing sources familiar with the situation.

Aug 13, 2009

Oscar winner Denzel Washington might be making a foray into series television.

Aug 13, 2009

A luxury publishing company said on Wednesday it is putting together a Michael Jackson photo book that the pop star wanted to create before his sudden death about two months ago.

Aug 13, 2009

Actor Michael Douglas said on Wednesday that he and his family were

Aug 13, 2009

Walmart Stores Inc posted better-than-expected earnings on cost cuts, and forecast full year earnings that could beat Wall Street estimates, sending its shares up 1.6 percent.

Aug 13, 2009

China will make controlling greenhouse gas emissions an important part of its development plans, the government said, as pressure on the world's top emitter grows ahead of global talks on tackling climate change.

Aug 13, 2009

Kohl's Corp posted a lower quarterly profit that exceeded Wall Street estimates by a penny, and the department store chain issued a dismal outlook for the rest of the year, citing higher costs.

Aug 13, 2009

Australia's parliament rejected a plan for the world's most ambitious emissions trade regime as expected on Thursday, bringing the nation closer to a snap election and prolonging financial uncertainty for major emitters.

Aug 13, 2009

The euro hit a one-week high against the dollar on Thursday after the euro zone's two biggest economies posted surprise returns to growth in the second quarter, helping drag the dollar lower.

Aug 13, 2009

The global oil and gas sector has seen a flurry of consolidation in recent weeks, as companies look to snap up assets before an economic recovery sends prices higher.

Aug 13, 2009

Sales at U.S. retailers unexpectedly fell in July from June, a government report showed on Thursday, casting a shadow over an anticipated rebound in consumer spending in the third quarter.

Aug 13, 2009

Magna and its Russian partner Sberbank have reached an agreement with the management of General Motors to acquire a 55 percent stake in GM's European unit Opel, Magna Co-Chief Executive Siegfried Wolf told Reuters on Thursday.

Aug 13, 2009

U.S. home loans failed at a record pace in July despite ongoing federal and state programs to avoid foreclosures, which have severely strained housing and the economy.

Aug 13, 2009

U.S. stock index futures rose more than 1 percent on Thursday after Wal-Mart Stores Inc reported second-quarter results that topped Wall Street's expectations, boosting investors' confidence in consumer spending ahead of a government report on July retail sales.

Aug 13, 2009

Walmart Stores Inc reported roughly flat quarterly profit as the strong U.S. dollar lowered the value of its international sales and it faced tough comparisons with last year, when shoppers spent U.S. government issued stimulus checks in its stores.

Aug 13, 2009

Oil rose back above $71 a barrel on Thursday after positive economic news from the United States and Europe's two largest economies, despite data showing U.S. crude inventories rose much more than expected last week.

Aug 13, 2009

Walmart Stores Inc reported roughly flat quarterly profit as the strong U.S. dollar lowered the value of its international sales and it faced tough comparisons with last year, when shoppers spent U.S. government issued stimulus checks in its stores.

Aug 13, 2009

A U.S. federal court has ordered Microsoft Corp to stop selling some versions of its widely used Word software in the United States in two months, ruling in favor of a small Canadian firm that accused the software giant of violating its patents.

Aug 13, 2009

Walmart Stores Inc reported roughly flat quarterly profit as the strong U.S. dollar lowered the value of its international sales and it faced tough comparisons with last year, when shoppers spent U.S. government issued stimulus checks in its stores.

Aug 13, 2009

Wal-Mart Stores Inc reported roughly flat quarterly profit as the strong U.S. dollar lowered the value of its international sales and it faced tough comparisons with last year, when shoppers spent U.S. government issued stimulus checks in its stores.

Aug 13, 2009