CHINA

Gold prices rose 1 percent on Tuesday as expectations that a Greek rescue deal will be completed drove the dollar down sharplyagainst the euro.

PepsiCo Inc. (NYSE:PEP), the world's largest snack-food maker, is projected to report stronger fourth-quarter profit as PepsiCo continue to capitalize on emerging market growth and proper hedging against commodity price swings.

The member states of the Gulf Cooperation Council (GCC) recalled their Syrian ambassadors on Tuesday after violence against protestors in the country escalated yet again.

France is gradually losing its vitality and presence in global export markets.

Apple has been sued by Proview Technology for allegedly infringing upon their trademarked iPad name, and the Hong Kong-based company stands to win $1.6 billion and an apology from the world's biggest tablet maker.

The 29 Chinese workers captured in Sudan last month were released on Tuesday.

The International Monetary Fund and Vice President Joe Biden have both raised doubts about China's economic growth, although for different reasons.

Russian Foreign Minister Sergei Lavrov arrived in Damascus for talks with Syrian president Bashar al-Assad on Tuesday.

After coming off the bench to score 25 points in last weekend's game, setting a personal record and leading the New York Knicks to a victory against the New Jersey Nets, hopes were high that Jeremy Lin would help the Knicks defeat the Utah Jazz in Thursday night's game. Lin delivered.

Iranian buyers have defaulted on payments for about 200,000 tonnes of rice from their top supplier India, exporters and rice millers said on Tuesday, a sign of the mounting pressure on Tehran from a new wave of Western sanctions.

As recently as last November, deep into the Syrian crisis, Brazil specifically rejected any foreign intervention in Syria.

IBM's 900,000 square-foot Bangalore computer center is Asia's largest to date.

Glencore, which currently holds 34 percent of Xstrata stakes, offered 2.8 new shares for each Xstrata share in an agreed all-share merger of equals.

India's economy is expected to grow at 6.9 percent in the current financial year, its slowest pace in three years, according to the official data released by the government.

China's vulnerability to the slump in global demand has been highlighted by the IMF in an economic outlook report on the world's second largest economy.

Bombardment of Homs on eve of visit by Russian foreign minister Sergei Lavrov as world powers scramble for diplomatic strategy.

A Syrian regime military assault on Homs killed dozens of people on the eve of a visit to Damascus by Russia's Foreign Minister Sergei Lavrov aimed at pressing President Bashar al-Assad to end an 11-month uprising by implementing swift reform.

China on Monday barred its airlines from a European scheme to reduce carbon emissions, hardening its stance a week before a summit at which the European Union will seek Chinese help to ease its debt crisis.

Syrian and Libyan demonstrators hurled rocks, eggs and tomatoes at the Chinese embassy in Tripoli on Monday, after Russia and China vetoed a U.N. Security Council resolution backing an Arab plan urging Syria's President Bashar al-Assad to give up power.

Vice President Joe Biden warned on Monday that there is no way that China will be able to sustain its current level of economic growth because of what he called its God-awful one-child policy.

The Arab League chief said on Monday that Russia and China had lost diplomatic credit in the Arab world by vetoing a U.N. resolution on Syria and may have sent a message to Damascus that it had a free hand to crack down on protests.