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World stocks hit a fresh one-month high and the dollar rose on Monday, bolstered by firmer commodity prices and growing expectations that banks are close to cleaning up their credit-related troubles. Optimism

Novartis AG has agreed to buy Nestle AG’s 77% stake in U.S. company Alcon for $39 billion to boost its eye care business, the Swiss drugmaker said on Monday. Novartis will acquire

U.S. private equity firm TPG and other investors are near a deal to invest $5 bln in Washington Mutual Inc, the Wall Street Journal reported on its Web site, citing people familiar

Yahoo Inc on Sunday detailed plans for its forthcoming Web advertising management system that gives its ad sales-partners access to online ad space both on Yahoo and other major sites. The widely

Government intervention at a worldwide level is needed to address the credit crisis, the head of the International Monetary Fund said on Monday. “I really think that the need for public intervention

Oil prices rose half a dollar to a one-week high near $107 a barrel on Monday as traders feared more losses for the dollar and OPEC’s secretary general suggested the group saw

More than 25,000 Indian villages are set to join the digital age and enjoy the social and economic benefits of connectivity as Bharat Sanchar Nigam Limited (BSNL), India’s largest telecommunications service provider,

JAKARTA (Reuters) – Indonesia has asked Internet providers to block access to the YouTube web site for carrying a film made by a right-wing Dutch lawmaker which accuses the Koran of inciting