Wall Street may face volatility as it awaits a key government jobs report expected to show unemployment at elevated levels.Stocks: Gainers, losers|Q1 resultsUS stocks face volatile week with jobs reportUS stocks face volatile week with jobs report...more

BP Plc is seeking to sell its German petrol station chain Aral for around 2 billion euros ($2.6 billion).BP may sell German gas stations for $2.6 bn: ReportBP may sell German gas stations for $2.6 bn: Report...more

Chinese Foreign Minister Yang Jiechi has said developing countries and groups composed of these countries have become a force to be reckoned with in world arena, but does not believe that world power is shifting from West to East.Developing nations, now a force to reckon with globally: Chinese FMDeveloping nations, now a force to reckon with globally: Chinese FM...more

Iran's main economic partner China has invested around $40 billion in the Islamic republic's oil and gas sector, a senior Iranian official said on Saturday.China invests $40 billion in Iran oil, gas: MinisterChina invests $40 billion in Iran oil, gas: Minister...more

Japan Airlines plans to spend 241.5 billion yen ($2.8 billion) in the next five years to procure 65 aircraft as it rejigs its fleet toward smaller, more fuel-efficient airplanes.JAL to spend $2.8 bn to procure 65 aircraft: ReportJAL to spend $2.8 bn to procure 65 aircraft: Report...more

Iran's main economic partner China has invested around $40 billion in the Islamic republic's oil and gas sector, a senior Iranian official said on Saturday.China invests $40 billion in Iran oil, gas: MinisterChina invests $40 billion in Iran oil, gas: Minister...more

US economy continued to grow during Q2 with GDP rising at a slower than expected 2.4% annual rate during three months ended June 30, Commerce Department said.Stocks: Gainers, losers|Q1 resultsFears of second recession in US loomFears of second recession in US loom...more

Taiwan's state-owned beer maker will invest about 30 million US dollars to open a brewery in Shanghai to produce its signature product "Taiwan Beer" this year, reports said Saturday.Taiwan brewer to invest $30mn in China: ReportTaiwan brewer to invest $30mn in China: Report...more

Malaysian tycoon Ananda Krishnan has made a 1.48 billion dollar buyout offer for power and gambling firm Tanjong, the second major corporate deal he has launched in a week.Malaysian tycoon launches $1.48-bn power firm buyoutMalaysian tycoon launches $1.48-bn power firm buyout...more

Facebook Inc will probably put off its initial public offering until 2012, giving chief executive officer Mark Zuckerberg more time to gain users and boost sales, three people familiar with the matter said.Facebook may put off IPO until 2012 to buy time for growthFacebook may put off IPO until 2012 to buy time for growth...more