Reuters - Iran has raised its gasoline output to attain self-sufficiency in the strategic product and foil sanctions targeting its energy needs, the state television's website reported its oil minister as saying.
Reuters - Republicans in the Congress showed little willingness to help President Barack Obama approve $350 billion worth of measures to boost the economy with midterm elections less than two months away.
AFP - A tense maritime incident Tuesday in which two Japanese patrol vessels and a Chinese fishing boat collided near a disputed island chain triggered a diplomatic spat between the Asian giants.
AFP - Former France coach Gerard Houllier has agreed to join English side Aston Villa on a two-year contract, according to a report on the website of French sport daily L'Equipe on Tuesday.
Reuters - Nigeria will hold its presidential election on January 22, with parliamentary polls a week earlier and state governorship elections a week later, the Independent National Electoral Commission (INEC) said on Tuesday.
AP - Australian Prime Minister Julia Gillard barely retained power on Tuesday when the last two independent legislators made kingmakers by deadlocked elections ended a tense 17-day standoff and agreed to join her government. Her next challenge? Keeping the unlikely bedfellows of her coalition together.
Reuters - Stocks fell on Tuesday, led by declines in financial shares as reports on the European banking system renewed worries over the sector's health.
AP - Germany's intelligence service has turned over thousands of files on top Nazi Adolf Eichmann's whereabouts after World War II to a journalist who sued for them. But with so many passages blacked out and pages missing, she's taking the matter back to court.
AP - European Union nations agreed to create new financial oversight institutions Tuesday, hoping to prevent a repeat of the government debt crisis that nearly left Greece bankrupt and brought the European banking system to its knees.
AP - European Union nations agreed to create new financial oversight institutions Tuesday, hoping to prevent a repeat of the government debt crisis that nearly left Greece bankrupt and brought the European banking system to its knees.
AP - A car bomb ripped through a police compound in a northwestern Pakistani city on Tuesday, killing 11 women and children and one officer, the latest in a string of attacks proving that Islamist militants remain a potent force in the country.
AFP - Much-vaunted EU plans to tax banks skidded into trouble after moves to clamp down on big-spending governments also hit buffers despite broad agreement on Tuesday to regulate the financial sector.
AP - World stocks fell Tuesday, particularly in Europe, where concerns about the health of banks resurfaced and EU finance ministers created new financial oversight bodies but failed to agree on a bank or trading tax.
AP - Casey's General Stores Inc., which is fending off a hostile takeover bid, said Tuesday that its fiscal first-quarter profit fell 16 percent on fees related to evaluating the takeover offer and higher operating expenses. Its revenue rose 14 percent.
Reuters - China's state-owned chemicals group Sinochem Corp has approached Singapore state investor Temasek to join a consortium that may bid for Canada's Potash Corp , sources with knowledge of the deal said on Tuesday.
AP - The Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth.
The Christian Science Monitor - While tragedies can bind a nation together, the government in charge of recovery often becomes the target of criticism â for a slow response, misuse of funds, or any number of things gone awry.
Reuters - Google Inc will launch its service to bring the Web to TV screens in the United States this autumn and worldwide next year, its chief executive said, as it extends its reach from the desktop to the living room.
AP - Palestinian President Mahmoud Abbas said he has asked the U.S. to settle a dispute with Israel over settlement expansion that is threatening to derail Mideast peace talks.
BusinessWeek - Don't expect an Elizabeth Warren-style campaign for the first director of the Office of Financial Research, yet another agency set up under the financial system overhaul. Unlike the pending decision over who will lead the Consumer Financial Protection Bureau, which has prompted online petitions and a viral rap video in support of the Harvard law professor, the competition over who will be the head of the research office is a wonks-only affair. ...
Reuters - Samsung Electronics, the world's top memory chipmaker, warned of an oversupply in the computer memory chip market from next quarter as a sputtering global economy may further weaken PC sales.
Reuters - American International Group Inc plans to seek Hong Kong listing committee approval on September 21, to list its Asian life insurance unit, aiming to raise about $15 billion, two sources with direct knowledge of the deal said on Tuesday.
AFP - The six members of the Gulf Cooperation Council have postponed the implementation on Tuesday of a customs union due to disagreement over sharing tariff revenues and problems meeting World Trade Organisation rules, officials said.
AP - On a hilltop overlooking Caracas, dozens of shacks made of wood scraps and corrugated zinc have risen among tall weeds — a new slum tacked on to an old one as the poor face harder times in Venezuela.
OneWorld.net - JOHANNESBURG, Sep 3 (PlusNews) - A new, accurate, easy-to-use test can
diagnose tuberculosis (TB) - including drug-resistant strains of the
disease - in less than two hours. It has the potential to save thousands
of lives in developing countries, where current tests are often
unreliable, take weeks to process, or are simply unavailable.
AP - With rising fears of a prolonged recession and stomach-churning moves in the stock market, corporate bond markets have performed so well this year they look like they're part of a parallel universe.
Reuters - Venezuelan President Hugo Chavez has approved a $690 million payment to French retailer Casino and other owners of a supermarket chain nationalized earlier this year, state media said on Saturday.
Reuters - Chinese officials have ordered state companies to meet investment bankers to explore ways to block BHP Billiton's $39 billion bid for Potash Corp, a source with direct knowledge of the matter said.
McClatchy Newspapers - JERUSALEM — Jewish settlers across the West Bank have vowed to begin construction in more than 60 locations, posing a direct challenge to Israeli Prime Minister Benjamin Netanyahu as he returned home from Thursday's first round of direct peace talks in Washington.