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January 10, 2011 10:31 PM IST A former Dresdner banker, his Asian wife and a Singaporean man have pleaded guilty to eight counts of insider dealing in Britain, allowing the UK regulator to claim its latest victory in a crackdown on market abuse.
January 10, 2011 10:31 PM IST After luring a key estranged ally back in the ruling coalition, Pakistan's prime minister accepted demands on Sunday from the country's main opposition party, defusing a political crisis that brought his government almost to the brink.
January 10, 2011 09:51 PM IST Increased trade is one of the best ways to fight poverty, so rich countries should do more to open their markets to goods from developing countries, a report issued on Monday said.
January 10, 2011 09:32 PM IST The US Supreme Court on Monday declined to review a ruling that reinstated an antitrust lawsuit alleging major record labels conspired to fix prices and terms under which music would be sold over the Internet.
January 10, 2011 09:12 PM IST Italy's Fiat has lifted its stake in Chrysler to 25% after winning approval to build a new engine in Dundee, Michigan, one of three conditions agreed with the US government when it invested in the troubled US carmaker.
January 10, 2011 08:35 PM IST British and Chinese companies signed business deals worth around 2.6 bn pounds (USD 4 bn) on Monday, including an agreement to increase sales of Jaguar Land Rover vehicles to China, Britain said.
January 10, 2011 08:34 PM IST Playboy Enterprises Inc has agreed to be taken private by founder Hugh Hefner, after he raised his bid by 12%, ending months of negotiations.
January 10, 2011 08:34 PM IST Duke Energy said on Monday it agreed to buy Progress Energy Inc for USD 13.7 bn in stock, creating the largest US power company.
January 10, 2011 08:34 PM IST Credit Suisse is to subject more of its bankers to deferred compensation programmes and cut cash payouts, as calls for banks to show pay restraint grew among politicians.
January 10, 2011 08:32 PM IST Pope Benedict called on Monday for Pakistan to repeal its anti-blasphemy law, days after a senior Pakistani politician who opposed the legislation was assassinated by his own bodyguard.
January 10, 2011 08:32 PM IST Research In Motion said on Monday it will filter pornographic internet content for its BlackBerry smartphone users in Indonesia, following government pressure to stop access to porn sites or face its browsing service being shut down.
January 10, 2011 08:32 PM IST Mozambique on Monday turned down a request by the Indian government for five coal concessions, saying the Asian giant should first develop its two existing blocks in the southern African nation.
January 10, 2011 06:42 PM IST At least 77 people were killed in Sunday's passenger plane crash in northwestern Iran, the official IRNA news agency reported on Monday.
January 10, 2011 04:02 PM IST Portugal does not need to apply for EU aid, Spain's Economy Minister said on Monday, as pressure mounted on Lisbon to seek outside help in managing its finances and risk premiums on both countries' debt widened.
January 10, 2011 04:02 PM IST A 22-year-old man charged with trying to assassinate US congresswoman Gabrielle Giffords by shooting her in the head during a bloody rampage that killed six people and wounded 14 is due to appear in court on Monday on charges of murder and attempted murder.
January 10, 2011 04:02 PM IST The most significant arrival at this year's Detroit auto show is something of a throwback to the heady days of the late 1990s: optimism that growth is accelerating in an infamously cyclical industry.
January 10, 2011 04:00 PM IST US chemicals group DuPont said on Sunday it will buy Danish food ingredients and enzymes firm Danisco for USD 5.8 bn to boost its position in the fast-growing food sector.
January 10, 2011 03:17 PM IST The pace of growth in emerging markets quickened in the fourth quarter of 2010, thanks to a rebound in manufacturing, HSBC's quarterly index showed on Monday, but input costs hit 2-½ year highs.
January 10, 2011 01:33 PM IST Automakers in China shipped a record 13.8 mn passenger cars to dealers in 2010, up 33.2% from a year earlier, the official China Association of Automobile Manufacturers (CAAM) said on Monday.
January 10, 2011 01:33 PM IST In the euro zone's simmering debt crisis, the Battle of Spain will likely be decisive in 2011.
January 10, 2011 01:33 PM IST Nissan Motor Co will take drastic steps to shield itself against the profit-eroding effects of the strong yen, including shifting production of the next Rogue crossover to Tennessee from Japan, a top executive said.
January 10, 2011 01:33 PM IST When President Barack Obama meets China's Hu Jintao this month, he might remind his guest of an old US proverb: owe USD 10,000 and you have a problem; owe USD 10 mn and the lender has a problem.
January 10, 2011 12:08 PM IST China's trade surplus narrowed in 2010 for the second straight year, giving Beijing grounds to rebuff US pressure for faster currency appreciation ahead of President Hu Jintao's visit to Washington next week.
January 10, 2011 11:23 AM IST Chrysler Group LLC's quality chief Doug Betts slid into last year's Dodge Charger, scouting for problems. He did not have to look very hard.
January 10, 2011 08:53 AM IST Up to 50,000 people from various religious parties rallied in Karachi on Sunday to oppose any changes in a controversial blasphemy law, police said.
