Westports Malaysia Sdn. Bhd., which is partly owned by entities linked to Hong Kong tycoon Li Ka-Shing, is looking to raise about US$1 billion through an initial public offer in Malaysia, according to three people familiar with the transaction. The group--which operates terminals in Port Klang on

Best Buy Co. has picked the head of Carlson -- owner of Radisson and T.G.I.

China Resources Power Holdings Co. (0836.HK) said Monday its first-half net profit rose 21%, even as power generation volumes fell slightly during the period.

Tennessee Titans linebacker Gerald McRath will have season-ending knee surgery this week.McRath has 120 tackles, 1 1/2 sacks and one interception in 40 career games with the Titans.

Tony Scott, director of such Hollywood blockbusters as "Top Gun," died after jumping from a Los Angeles County Bridge.

Produce supplier voluntarily recalling romaine lettuce that was shipped to 19 states, Puerto Rico and Canada over fears about possible E. coli contamination.

Man is fighting to keep the remains of his late wife right where he dug her grave in the front yard of his home.

Asian markets were mixed early Monday with Japanese stocks helped by a weaker yen and Australia down as several major stocks traded ex-dividend which deters their appeal.

Hong Kong stocks moved lower Monday morning, with the Hang Seng Index moving back below the 20,000 level, as banks fell in the wake of a strong advance for the sector Friday.