Crude oil fell from a record $100.10 a barrel in New York on speculation that a US Energy Department report will show stockpiles rose for a sixth week.
Microsoft Corp, the world's biggest software maker, may succeed in fighting off rival suitors for Internet search company Yahoo! Inc because they can't offer as much to Yahoo's shareholders.
Microsoft plans to invest heavily in Web search to compete against Google, even if it fails to acquire Yahoo, the company's Chairman Bill Gates said.
Foster's Group Ltd, Australia's biggest alcoholic drinks company, posted its slowest growth in first-half net profit in several years yesterday, as US wine sales slumped and the strong Aussie dollar crimped earnings.
Motorola Inc and BlackBerry maker Research In Motion Ltd sued one another over mobile-phone patents, each claiming their competitor is using handset technology without permission.
Kirin Holdings Co, Japan's biggest beverage maker, may bid for Australian milk processor Dairy Farmers to build on its dairy business in the country, President Kazuyasu Kato said.
TNT NV, Europe's second-biggest express-delivery service, posted an unexpected drop in fourth-quarter profit because of the costs of reorganization.
For more than a year, food makers and other consumer products companies have passed on much of the burden of rising commodity costs to consumers.
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