The Pirate Bay goes legal, bought out by gaming company
A day after Pirate Bay unveils its new streaming site - The Video Bay -that will compete with sites like YouTube and Hulu, the popular BitTorrent search engine said it will be bought out by a gaming company Global Gaming Factory X for $7.8 million.
U.N.'s Ban says to urge Myanmar to release Suu Kyi
U.N. Secretary-General Ban Ki-moon will strongly urge Myanmar's ruling generals to release all political prisoners, including Aung San Suu Kyi, when he visits the country this week, he told reporters in Tokyo on Tuesday.
Saudi, Conoco relaunch Yanbu refinery bidding
Saudi Aramco and U.S. ConocoPhillips said on Tuesday they would relaunch bidding for the 400,000 barrels per day (bpd) Yanbu refinery.
China: forestry' output totalled $194.7 b in 2008, 13% up
The total output of China's forestry industry rose 13% in 2008 to 1.33 trillion yuan ($194.7 billion), a senior forestry official said in a conference ended on Sunday.
Oil drops 3 percent as dollar gains
Oil prices fell more than 3 percent to $69 a barrel on Tuesday, pressured by a stronger U.S. dollar and as weak consumer confidence data hit equities.
Deere says 800 employees take buyout offer
Deere & Co said on Tuesday that roughly 800 employees -- more than it had expected -- took a buyout from the world's largest maker of agricultural machinery and raised the amount of the charge associated with those departures.
Iraq steps into precarious but sovereign unknown
Iraq takes a major step toward reasserting its sovereignty on Tuesday when U.S. combat troops hand urban areas over to its relatively untested police and soldiers.
Copper scrap spreads widen amid the summer doldrums
The discount for copper scrap has widened in recent weeks as the copper futures price remains at elevated levels and business in recycled metal slows to a crawl amid the seasonal summer slowdown.
Tengzhong-Hammer deal still under way
Tengzhong's plan to buy Hummer was still being examined by concerned departments and there had been no definitive result toward approval, authorities in Sichuan Province confirmed on Monday.
Iraqis rejoice as U.S. troops leave Baghdad
U.S. troops pulled out of Baghdad on Monday, triggering jubilation among Iraqis hopeful that foreign military occupation is ending six years after the invasion to depose Saddam Hussein.
Iraq regains control of cities as U.S. pulls back
Iraq regained full control of its towns and cities on Tuesday, declaring the day a national holiday for Iraqis to celebrate the withdrawal of U.S. troops, six years after invading to topple Saddam Hussein.
Italy gas train derails and explodes, killing 16
At least 16 people were killed and 50 injured overnight in Italy when a freight train hauling liquefied petroleum gas derailed and exploded as it passed their homes, officials said Tuesday.
Child survives Yemeni plane crash with 153 on board
An Airbus A310-300 from Yemen with 153 people on board, including 66 French nationals, crashed into the sea off the Indian Ocean archipelago of Comoros as it approached in bad weather early on Tuesday, officials said.
Ten could be charged in Madoff fraud: source
Ten or more people associated with multibillion dollar swindler Bernard Madoff could face criminal charges in investigations in the coming months or beyond, a law enforcement source said on Tuesday.
GM sale hearing in recess in U.S. bankruptcy court
A General Motors Corp bankruptcy court hearing in which the company is seeking to sell its main assets to a New GM began on Tuesday but moved to a recess almost immediately as the judge dealt with communication issues.
Stocks slide after lower consumer confidence data
Stocks fell on Tuesday after U.S. consumer confidence data showed a surprise drop in June, raising doubts about the speed on an economic recovery.
India's Tata Consultancy sees flat biz growth in Q1
Tata Consultancy Services Ltd, India's top software services firm by sales, sees flat business growth in its fiscal first quarter that ended on Tuesday as economic downturn crimped outsourcing, its chairman said.
Ahmadinejad calls election defeat for Iran's foes
President Mahmoud Ahmadinejad on Tuesday hailed his disputed re-election as a victory for the Iranian people and a defeat for the Islamic Republic's enemies.
AIG says risk declining
American International Group Inc , the insurer rescued by $180 billion of federal bailouts, on Tuesday expressed optimism it will be able to repay government loans as it tries to rebound from punishing losses tied to derivatives.
Xstrata confirms $1 bln Anglo merger synergies
Mining group Xstrata confirmed its $1 billion estimate of synergies for its proposed merger with rival Anglo American after its advisors were quoted in newspapers saying the number could be much higher.
GM cuts ties with Toyota in U.S. joint-venture
General Motors Corp cut operational ties on Monday to a northern California auto plant it had operated in a joint-venture with Toyota Motor Corp for a quarter of a century.
Chinalco to take up Rio rights: media
China's state-owned Chinalco is taking up its full entitlement to Rio Tinto's $15.2 billion share issue, media reports said on Tuesday, with trade in the rights suggesting Chinalco is far from severing its ties with the Anglo-Australian miner.
Oil falls to around $70 as dollar gains
Oil fell to around $70 a barrel on Tuesday, pressured by a stronger U.S. dollar and falling equities after weak U.S. consumer confidence data.
Dell developing pocket Web gadget: report
Dell Inc, the worlds No.2 PC maker, is developing a pocket-sized device for tapping into the Internet, the Wall Street Journal said citing people familiar with the company's plans.
Image of Stanford mistress Maria Belen Chapur published
A video showing Maria Belen Chapur, the Argentinean woman which South Carolina Gov. Mark Sanford confessed having an affair with, has been published in Argentinean and U.S. media and is the first and only image of her so far.
The Path to New GM
New GM. It has been the mantra General Motors Corp. has adopted since it officially determined that the once venerable American car company had to radically change its plans for the future.
General Motors to seek approval to sell itself
General Motors Corp is heading to bankruptcy court on Tuesday to seek approval to sell its assets to a New GM in a plan to reinvigorate the automaker under U.S. government ownership.
China delays Internet filter
China will delay a controversial plan to force manufacturers to bundle Internet filtering software with new personal computers sold in the country, in an abrupt retreat announced hours before the policy was due to start.
Consumer confidence slides in June
U.S. consumer confidence fell in June after two straight months of gains.
Pace of home price declines slows in April
Prices of U.S. single-family homes fell in April from March but the pace of the decline moderated, suggesting stability is emerging in some regions, according to Standard & Poor's/Case Shiller home price indexes released on Tuesday.
