China Strategic: may seek AIG Taiwan deal extension

HONG KONG/TAIPEI, June 14 (Reuters) – China Strategic
, one of the buyers of AIG’s Taiwan unit, could
talk about extending the stalled $2.2 billion deal if needed, but
hopes for a conclusion soon, its chief executive said on Monday.

Microsoft christens motion-gaming "Kinect"

LOS ANGELES (Reuters) – Microsoft Corp christening its new motion-sensing game system “Kinect,” on Sunday offered a sneak peek of upcoming titles it hopes will help draw a new generation of casual players into the 40 million-strong Xbox game console fold.

Teva raises stake in diabetes treatment developer

TEL AVIV, June 14 (Reuters) – Teva Pharmaceutical Industries
has exercised an option to raise its stake in Andromeda
Biotech, which is developing a treatment for juvenile Type I
diabetes, Clal Biotechnology Industries said on Monday.

Japanese probe returns with unique asteroid dust

SYDNEY (Reuters) – A Japanese space probe has landed in the Australian outback after a seven-year voyage to an asteroid, safely returning a capsule containing a unique sample of dust, Japanese mission controllers said Monday.

Obama leadership on BP spill faces testing week

WASHINGTON/LONDON (Reuters) – Barack Obama’s leadership of the Gulf of Mexico oil spill faces key tests this week as the president gives his first national address on the disaster and meets top BP executives for the first time.


U.S. discovers $1 trillion Afghan mineral deposits: report

SINGAPORE (Reuters) – Afghanistan could be holding $1 trillion of untapped mineral deposits including critical industrial metals such as lithium, the New York Times reported, quoting U.S. government officials.


UAW meets as union looks to claw back from crisis

DETROIT (Reuters) – United Auto Workers delegates will gather in Detroit this week to elect new leaders as the union emerges from the U.S. auto industry’s near-death experience with fewer workers, lower wages and an uncertain set of bargaining chips.