International Business News http://www.ibtimes.com/rss/feed/G20London.rss All articles are copyrighted by IBTimes.com 120 30 http://www.ibtimes.com/rss/feed/G20London.rss http://www.ibtimes.com/images/top_logo_ibt2_3.gif The chairman of the Senate Banking Committee on Friday wrote to the Justice Department urging establishment of a task force to probe possible violations of the law at Lehman Brothers and other firms. http://www.ibtimes.com/articles/20100319/sen-dodd-urges-justice-probe-of-lehman-accounting.htm http://www.ibtimes.com/data/articleimgs/229659-senator-chris-dodd-unveils-his-financial-reform.jpg http://www.ibtimes.com/articles/20100319/sen-dodd-urges-justice-probe-of-lehman-accounting.htm http://www.ibtimes.com/articles/20100319/sen-dodd-urges-justice-probe-of-lehman-accounting.htm Fri, 19 Mar 2010 22:56:01 EDT Goldman Sachs Group Inc <GS.N> CEO Lloyd Blankfein and other top executives, pressured by public outrage to slash their bonuses, still received tens of millions of dollars in distributions from an internal investment fund in 2009. http://www.ibtimes.com/articles/20100319/goldman-execs-get-big-2009-fund-payouts.htm http://www.ibtimes.com/articles/20100319/goldman-execs-get-big-2009-fund-payouts.htm Fri, 19 Mar 2010 22:08:01 EDT European Commission President Jose Manuel Barroso urged EU member states on Friday to agree a standby aid package Greece after Athens said it could turn to the IMF for help. http://www.ibtimes.com/articles/20100319/barroso-wants-eu-to-agree-loans-for-greece.htm http://www.ibtimes.com/data/articleimgs/229658-tourists-take-photos-in-front-of-the.jpg http://www.ibtimes.com/articles/20100319/barroso-wants-eu-to-agree-loans-for-greece.htm http://www.ibtimes.com/articles/20100319/barroso-wants-eu-to-agree-loans-for-greece.htm Fri, 19 Mar 2010 20:48:02 EDT Whether it's fomenting revolution or telling people what you had for breakfast microblogging service Twitter seems to have it all. http://www.ibtimes.com/articles/20100319/new-york-food-trucks-turn-to-twitter.htm http://www.ibtimes.com/data/articleimgs/229657-a-twitter-page-is-displayed-on-an.jpg http://www.ibtimes.com/articles/20100319/new-york-food-trucks-turn-to-twitter.htm http://www.ibtimes.com/articles/20100319/new-york-food-trucks-turn-to-twitter.htm Fri, 19 Mar 2010 19:48:02 EDT Washington's bid to put finishing touches on healthcare reform this weekend should help lift uncertainty on Wall Street, but there may be some turbulence along the way next week as the recent rally appears to be fraying. http://www.ibtimes.com/articles/20100319/stocks-eye-health-reform-housing-greece.htm http://www.ibtimes.com/data/articleimgs/229656-trader-smartt-reacts-in-euro-dollar-pit.jpg http://www.ibtimes.com/articles/20100319/stocks-eye-health-reform-housing-greece.htm http://www.ibtimes.com/articles/20100319/stocks-eye-health-reform-housing-greece.htm Fri, 19 Mar 2010 19:24:01 EDT The Federal Communications Commission plans to begin a process in a few months aimed at auctioning airwaves that failed to garner enough interest during the 2008 spectrum auction. http://www.ibtimes.com/articles/20100319/ueyes-early-summer-for-airwaves-auction-process.htm http://www.ibtimes.com/articles/20100319/ueyes-early-summer-for-airwaves-auction-process.htm Fri, 19 Mar 2010 19:16:01 EDT Republicans in the House of Representatives on Friday recommended the country's top two mortgage finance companies, the recipients of a massive government bailout during the height of the financial crisis, be phased out in four years in order to restore stability to the housing market. http://www.ibtimes.com/articles/20100319/house-gop-calls-for-fannie-freddie-phase-out.htm http://www.ibtimes.com/articles/20100319/house-gop-calls-for-fannie-freddie-phase-out.htm Fri, 19 Mar 2010 18:48:02 EDT The U.S. pay czar will slash the number of top General Motors Co executives who will receive base salaries of more than $500,000 this year. http://www.ibtimes.com/articles/20100319/pay-czar-trims-salaries-at-top-of-gm-exec-ranks.htm http://www.ibtimes.com/data/articleimgs/229655-flags-wave-in-front-of-the-general.jpg http://www.ibtimes.com/articles/20100319/pay-czar-trims-salaries-at-top-of-gm-exec-ranks.htm http://www.ibtimes.com/articles/20100319/pay-czar-trims-salaries-at-top-of-gm-exec-ranks.htm Fri, 19 Mar 2010 18:48:02 EDT Smartphones may be one of the hottest areas in technology with big names like Apple and Google tussling for share, but investors are questioning the growth prospects for mobile carriers as subscriber gains slow. http://www.ibtimes.com/articles/20100319/smartphones-not-enough-for-carriers-at-ctia.htm http://www.ibtimes.com/data/articleimgs/229654-a-model-demonstrates-the-nexus-one-smartphone.jpg http://www.ibtimes.com/articles/20100319/smartphones-not-enough-for-carriers-at-ctia.htm http://www.ibtimes.com/articles/20100319/smartphones-not-enough-for-carriers-at-ctia.htm Fri, 19 Mar 2010 17:56:02 EDT The euro fell on Friday over doubts Greece would win euro-zone aid, capping its worst week since January, and concerns about the UK economy hit sterling. A report on Thursday that Greece saw limited prospects for euro-zone assistance raised concerns about the country's ability to service its debt. On Friday, the euro fell as far as $1.3502, its lowest level in more than two weeks. It was down 1.7 percent this week, its worst showing since late January. http://www.ibtimes.com/articles/20100319/forex-euro-falls-vs-dollar-as-greek-worries-linger.htm http://www.ibtimes.com/articles/20100319/forex-euro-falls-vs-dollar-as-greek-worries-linger.htm Fri, 19 Mar 2010 17:49:13 EDT In a significant victory for news media, a federal appeals court said the Federal Reserve must disclose records on emergency lending programs to banks bailed out by the government in the financial crisis. http://www.ibtimes.com/articles/20100319/court-orders-fed-to-release-bailout-documents.htm http://www.ibtimes.com/data/articleimgs/229650-treasury-secretary-henry-paulson-federal-reserve-chairman.jpg http://www.ibtimes.com/articles/20100319/court-orders-fed-to-release-bailout-documents.htm http://www.ibtimes.com/articles/20100319/court-orders-fed-to-release-bailout-documents.htm Fri, 19 Mar 2010 17:32:02 EDT Billionaire investor Carl Icahn launched an offer on Friday to buy Lions Gate Entertainment Corp <LGF.N>, a move that would hamper the studio's expected bid for storied rival Metro-Goldwyn-Mayer Inc <MGMYR.UL>. http://www.ibtimes.com/articles/20100319/icahn-offers-to-buy-lions-gate-as-mgm-bid-looms.htm http://www.ibtimes.com/data/articleimgs/229652-publicity-photo-of-actress-gabourey-sidibe-inscene.jpg http://www.ibtimes.com/articles/20100319/icahn-offers-to-buy-lions-gate-as-mgm-bid-looms.htm http://www.ibtimes.com/articles/20100319/icahn-offers-to-buy-lions-gate-as-mgm-bid-looms.htm Fri, 19 Mar 2010 17:08:02 EDT Wal-Mart Stores Inc will cut food prices and mount a new ad campaign over the next six weeks, a threat to other U.S. grocers that sent an industry shares index down more than 2 percent on Friday. http://www.ibtimes.com/articles/20100319/wal-mart-to-slash-grocery-prices.htm http://www.ibtimes.com/data/articleimgs/229653-a-shopper-looks-through-produce-as-the.jpg http://www.ibtimes.com/articles/20100319/wal-mart-to-slash-grocery-prices.htm http://www.ibtimes.com/articles/20100319/wal-mart-to-slash-grocery-prices.htm Fri, 19 Mar 2010 17:08:02 EDT The Dow industrials snapped an eight-session winning streak on Friday, as renewed worries about Greece sparked a climb in the dollar and weighed on U.S. stocks. http://www.ibtimes.com/articles/20100319/dow-snaps-eight-session-streak-as-commodities-weigh.htm http://www.ibtimes.com/articles/20100319/dow-snaps-eight-session-streak-as-commodities-weigh.htm Fri, 19 Mar 2010 16:40:02 EDT The European Union's monetary affairs chief urged the bloc's leaders on Friday to agree a standby aid package for Greece next week but France and Germany struck different notes and the euro slid. http://www.ibtimes.com/articles/20100319/eu-seeks-firm-greek-aid-plan.htm http://www.ibtimes.com/data/articleimgs/229649-greeces-prime-minister-papandreou-answers-reporters-questions.jpg http://www.ibtimes.com/articles/20100319/eu-seeks-firm-greek-aid-plan.htm http://www.ibtimes.com/articles/20100319/eu-seeks-firm-greek-aid-plan.htm Fri, 19 Mar 2010 16:32:01 EDT Boeing Co <BA.N> said on Friday it will accelerate planned increases in production of two of its popular wide-body planes to accommodate heightened demand from airlines that had curbed orders in the last two years because of the economic crisis. http://www.ibtimes.com/articles/20100319/boeing-speeds-production-boosts-on-market-outlook.htm http://www.ibtimes.com/articles/20100319/boeing-speeds-production-boosts-on-market-outlook.htm Fri, 19 Mar 2010 16:16:01 EDT Stocks ended down on Friday, with the Dow snapping its eight-session winning streak, as renewed worries about Greece sparked a climb in the dollar and weighed on commodity prices. http://www.ibtimes.com/articles/20100319/wall-st-ends-down-on-renewed-greece-fears.htm http://www.ibtimes.com/articles/20100319/wall-st-ends-down-on-renewed-greece-fears.htm Fri, 19 Mar 2010 16:16:01 EDT JPMorgan Chase & Co <JPM.N>, the second-largest U.S. bank, paid Chief Executive Jamie Dimon $1.32 million in salary and extra compensation in 2009, according to the company's proxy filing. http://www.ibtimes.com/articles/20100319/jpmorgan-ceo-dimons-2009-salary32-million.htm http://www.ibtimes.com/data/articleimgs/229651-jpmorgan-chase-co-ceo-dimon-speaks-at.jpg http://www.ibtimes.com/articles/20100319/jpmorgan-ceo-dimons-2009-salary32-million.htm http://www.ibtimes.com/articles/20100319/jpmorgan-ceo-dimons-2009-salary32-million.htm Fri, 19 Mar 2010 16:08:01 EDT Trading revenue at U.S. commercial banks fell 66 percent in the fourth quarter, the Office of the Comptroller of the Currency said on Friday, as uncertainty over pending derivatives legislation added to a seasonal slowdown in trading. http://www.ibtimes.com/articles/20100319/banks-fourth-quarter-trading-revenue-falls-66-percent.htm http://www.ibtimes.com/articles/20100319/banks-fourth-quarter-trading-revenue-falls-66-percent.htm Fri, 19 Mar 2010 16:00:02 EDT Stocks extended losses late on Friday, snapping the Dow's eight-day winning streak, dragged down by resource and technology shares. http://www.ibtimes.com/articles/20100319/wall-st-extends-losses-on-resources-tech.htm http://www.ibtimes.com/articles/20100319/wall-st-extends-losses-on-resources-tech.htm Fri, 19 Mar 2010 15:56:02 EDT