Thursday, July 29, 2010 | Last Update: 7:56 AM EDT

World Briefing

US futures up ahead of jobs data

Traders work on the floor of the New York Stock Exchange

Futures on major U.S. indices point to a higher opening as improved economic outlook from Europe overshadowed disappointing U.S. economic data.

Panasonic makes green energy push

People look at Panasonic plasma televisions displayed at an electronics store in Tokyo January 8, 2010

The electronic giant said it will offer up to 818.4 billion yen ($9.4 billion) to buy out two of its subsidiaries, Sanyo Electric and Panasonic Electric Works.

Amazon wages price war

New Kindle

Amazon.com has launched its next-generation of its popular Kindle e-book readers that starts as low as $139.

UK scraps age 65 retirement

Britain's Prime Minister Gordon Brown chats with elderly people at Stonesend Day Centre in Southwark, London

Britain announced plans to scrap the fixed retirement age next year, saying it wanted to give people the ch...

Japan’s goes after iPods

Japan's industry ministry has ordered the company to disclose the response actions regarding the issue.

Siemens Q3 beats forecasts

German engineering conglomerate Siemens raised its full-year forecast and posted a better-than-expected 40 percent rise in Q3.

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Analysis

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Bank stocks rally on watered-down Basel III global banking regulation

Some of the new and stricter global rules concerning banking capital and liquidity outlined by the Basel Committee on Banking Supervision will not come into effect before 2018.

Demonstrators hold a banner as they protest against Arizona's controversial Senate Bill 1070 immigration law outside the U.S. District Court in Phoenix July 22, 2010.

Joshua Lott / REUTERS

Judge blocks key parts of Arizona immigration law

Federal judge Susan Bolton today blocked key sections of a controversial Arizona immigration law due to take effect Thursday.

National flags of U.S. and China wave in front of an international hotel in Beijing

China urges change in U.S. policy to avoid friction

The United States should alter policy to take account of China's role as a major player on the world stage if it wants to avoid friction and instability, a major state newspaper said on Thursday.

Wikileaks founder Julian Assange

Beer poisoning weakens US claim on mineral-rich Afghan adventure

An assassination plot fabricated by insurgents in Afghanistan which included replacing beer with sulfuric acid to poison American soldiers, as revealed by Wikileaks set of rec...

A BlackBerry smartphone user is pictured checking its Calendar in Washington, March 30, 2010.

Face ban or ease encryption code: India tells BlackBerry maker

Research in Motion (RIM)'s BlackBerry comes under Indian government's scanner due to security concerns just days after UAE raised similar concerns.

Toyota to recall 373,000 Avalons

Toyota said Lexus intends to recall about 39,000 LX 470 vehicles (2003-2007 Model Year) to address a steering shaft condition.

General Electric CEO and Chairman Jeffrey Immelt

Analysis: Can a business-led recovery keep U.S. above water?

Call it the emperor-has-no-clothes recovery theory.

Rio Tinto, China

Rio Tinto seals joint venture agreement with Chinese firm Chalco

Australian mining firm Rio Tinto and Chalco today signed a binding agreement to establish a joint venture (JV) covering the development and operation of the Simandou iron ore project in Guinea.

Inside IBTimes.com
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UK Mortgage Approvals/ Net Lending

The British pound traded slightly lower against all of the major currencies after June net lending came in worse than expected and fina...