Hong Kong-listed developer SOHO China Ltd said Monday that it recorded 4.35 billion yuan in pre-sale contracts on its Beijing property project Sanlitun SOHO. The new project launchs on July 13.

WASHINGTON (AP) - Boeing Co. and Northrop Grumman Corp. will submit new offers for a disputed $35 billion Air Force tanker contract, and the Pentagon will pick a winner by the end of the year.

SYDNEY, Australia - BHP Billiton Ltd. said Friday that China's Baosteel, negotiating on behalf of the Chinese steel industry, agreed to price hikes of up to 96.5 percent for iron ore supplies this year following protracted negotiations.

JSW Steel, a part of the $8 billion O.P. Jindal Group, is set to invest Rs.6000 crore ($1.5 billion) during the current fiscal year towards acquiring iron ore mines and expanding existing production capacity.

DES MOINES, Iowa - Midwest floods may not contribute as much to food inflation as was feared.

LOS ANGELES (AP) -- China Architectural Engineering Inc. said Monday it named John Anderson as its chief operating officer.

Engineering and construction major Larsen & Toubro (L&T) said its Heavy Engineering Division (HED) has bagged orders worth Rs.1000 crore ($250 million) within the first two months of the first fiscal quarter of 2009.

CHICAGO - Two of America's oldest agricultural companies laid the foundation for a new $30 billion-a-year ag and food colossus Monday with the announcement that Bunge Ltd. is buying Corn Products International Inc. in a $4.4 billion stock deal.

HONG KONG - The index of industrial production for the manufacturing sector recorded a 4.4% year-on-year fall in this year's first quarter, with the corresponding producer price index rising 5.8%, according to a Census & Statistics Department survey.

SYDNEY, Australia - China's Sinosteel Corp. said Friday it has increased its stake in Midwest Corp. to 40 percent, as it pursues its takeover of the Australian miner.

NEW YORK (AP) -- A Beijing real estate company has signed a tentative agreement to move into the Freedom Tower, which would make it the first corporate tenant in the signature skyscraper planned at the World Trade Center site, the site's owner said Monday.

ROCHESTER, N.Y. - Commercial printing, where traditional offset still reigns, could be transformed with the introduction of a bevy of versatile, high-speed digital presses.

NEW YORK - Dow Chemical Co., the top chemical maker in the United States, reported on Wednesday it will raise the price of all its products by 20 percent citing high energy, raw materials and transportation costs.

Struggling homebuilder Standard Pacific Corp. received a vote of confidence in the form of a $530 million investment from private equity group MatlinPatterson Global Advisers LLC on Tuesday, sending its shares up nearly 50 percent.

LONDON - Yell Group said on Tuesday that it's after tax profit for the full year to 31 March had risen 6.4 per cent to £294.2 million. Revenue for the company was also up 6.9 per cent to £2,218.7 million.

NEW YORK - J.M. Smucker Company reported on Tuesday it has acquired the Knott's Berry Farm from ConAgra Foods, Inc. for an undisclosed amount.

WILLIAMS, Calif. - Dipping its left wing, a canary-yellow biplane makes a sharp turn and dives over a flooded field, showering rice on the shallow water 15 feet below.

HONG KONG - Hong Kong's six major industries accounted for 77% of the city's total domestic export value in the first quarter, with the domestic export value of basic metals and fabricated metal products surging 56.3%, the Census & Statistics Department says.

ALBANY, N.Y. - As other cars zipped by at 70 mph or more, Mike Papin and his wife, Joann, kept rolling along just below the 65 mph limit as they made their way from their winter home in Florida to a summer place in Vermont.