IBT Staff Reporter

U.S. Energy Secretary Steven Chu and Commerce Secretary Gary Locke visit their ancestral homeland this week to press China to join with the United States in stepped-up efforts to fight global warming.

The chief executive of North Sea gas producer Venture Production said its shareholders were looking for significantly in excess of the 845 pence a share takeover offer made by Centrica Friday.

For President Barack Obama, failure on healthcare is not an option.

A television advert for an Israeli cellphone firm showing soldiers playing soccer over the West Bank barrier has sparked cries of bad taste and prompted Arab lawmakers on Sunday to demand it be taken off air.

The U.S. government and UBS AG asked a federal judge on Sunday to delay the start of a closely-watched trial, as they seek to resolve their dispute over U.S. demands for the identities of thousands of wealthy Americans suspected of using the Swiss bank to dodge taxes.

An opposition blogger in Azerbaijan has been remanded in custody pending trial on hooliganism charges, prompting protests from his employer, oil major BP Plc, a media rights group said on its website.

U.S. Attorney General Eric Holder is considering whether to appoint a criminal prosecutor to investigate the Bush administration's interrogation practices involving the CIA, and is expected to make a decision in a few weeks, a Justice Department official said on Sunday.

Sonia Sotomayor looks almost certain to emerge from Senate hearings this week poised to become the first Hispanic member of the U.S. Supreme Court.

An uneasy calm returned on Sunday to China's riot-hit Urumqi where 184 people died in ethnic violence a week ago, though the official tally of dead could rise, a regional official indicated.

At $399, the Torqx is still at the high-end of the price spectrum, however, the Torqx provides the performance of top-notch SSD's at a fraction of the price.

The U.S. government and UBS AG asked a federal judge on Sunday to delay the start of a closely-watched trial, as they seek to resolve their dispute over U.S. demands for the identities of thousands of wealthy Americans suspected of using the Swiss bank to dodge taxes.

Brazil authorities on Sunday detained the wife of former boxer Arturo Gatti, 37, as a suspect following his death at a resort in northern Brazil, the Associated Press reported.

The U.S. government and UBS AG asked a federal judge on Sunday to delay the opening of a closely-watched trial, as they seek to resolve their dispute over U.S. demands for the identities of thousands of wealthy Americans suspected of using the Swiss bank to dodge taxes.

U.S. Treasury Secretary Timothy Geithner said it was too soon to decide whether the U.S. economy would need the help of a second round of government stimulus to recover from recession.

Australia warned China on Sunday of the risks to business confidence from the detention without charge of an Australian executive accused of stealing state secrets, and Chinese executives feared a wider purge.

The Australian government is prepared for a long haul in dealing with China's detention of a senior Australian mining executive on suspicion of stealing state secrets, Foreign Minister Stephen Smith said on Sunday.

China raised the death toll from ethnic rioting in Xinjiang, giving for the first time the ethnicity of the dead, and a big security presence in the city at the center of the strife prevented protests on Saturday.

Cardinal Health Inc said its board of directors approved the spinoff of its medical products company CareFusion.

AllianceBernstein became the latest of the nine firms awarded the right to take part in the U.S. Treasury's toxic debt investment plan to seek capital from the equity markets.

President Barack Obama said Saturday more time was needed for his $787 billion stimulus package to work, predicting the spending would have a bigger impact on the economy later this year.

A consortium of three local governments in Indonesia have appointed PT Multicapital to help finance the purchase of a 10 percent stake in a unit of Newmont Mining Corp, a local mining official said on Saturday.

Beijing Capital International Airport, the country's biggest airport operator, has reaffirmed a plan to list shares on the domestic market within the year, a state-run newspaper said on Saturday.

XO Holdings Inc Chairman and billionaire investor Carl Icahn on Friday offered to buy the shares in the communications company that he does not already own for 55 cents each.

Japan's Nomura has bought a 35 percent stake in LIC Mutual Fund in a deal which values the Indian fund firm at 8 billion rupees ($163 million).

NetApp Inc may itself become an acquisition target after rival EMC Corp foiled its effort to buy Data Domain Inc, a niche player in the $20 billion-a-year data storage equipment market.

Britain's largest gas retailer, Centrica Plc, which operates under the British Gas brand, made a $2 billion bid for North Sea gas producer Venture Production Plc on Friday as it seeks to increase its gas reserves.

State-run Saudi Electricity Company has invited bidders for a 2,000 megawatt power plant project in Riyadh as part of efforts to meet soaring demand, a senior company official said on Saturday.

Media moguls at this week's Sun Valley conference have spent as much time discussing how to reconfigure business models disrupted by the Web as they have worrying about the weak economy.

The two American journalists who were detained and later convicted in North Korea have not been sent to a prison labor camp and are being kept at a guest house in Pyongyang, political scientist Han S. Park from the University of Georgia said on Saturday, according to the Associated Press.