International Business News http://www.ibtimes.com/rss/feed/company.rss All articles are copyrighted by IBTimes.com 120 30 http://www.ibtimes.com/rss/feed/company.rss http://www.ibtimes.com/images/top_logo_ibt2_3.gif The trillion dollar Islamic finance industry is looking beyond the troubles of Dubai developer Nakheel <NAKHD.UL> at possible reforms that could help draw more interest from Western players. http://www.ibtimes.com/articles/20100320/dubai-nakheel-woes-may-help-islamic-finance-in-time.htm http://www.ibtimes.com/data/articleimgs/229665-a-view-of-jumerah-emirates-towers-in.jpg http://www.ibtimes.com/articles/20100320/dubai-nakheel-woes-may-help-islamic-finance-in-time.htm http://www.ibtimes.com/articles/20100320/dubai-nakheel-woes-may-help-islamic-finance-in-time.htm Sat, 20 Mar 2010 10:24:02 EDT Regulators must be "significantly tougher" on large and complex financial firms to limit wider risks, but big firms are still needed to keep the global economy humming, Federal Reserve Chairman Ben Bernanke said on Saturday. http://www.ibtimes.com/articles/20100320/bernanke-too-big-to-failpernicious-problem.htm http://www.ibtimes.com/data/articleimgs/229664-ufederal-reserve-chairman-ben-bernanke-waves-after.jpg http://www.ibtimes.com/articles/20100320/bernanke-too-big-to-failpernicious-problem.htm http://www.ibtimes.com/articles/20100320/bernanke-too-big-to-failpernicious-problem.htm Sat, 20 Mar 2010 10:08:02 EDT India's Bharti Airtel's <BRTI.BO> board on Saturday approved a $9 billion offer for Kuwaiti telecom Zain's <ZAIN.KW> African assets, Bloomberg reported, citing two people with knowledge of the negotiations. http://www.ibtimes.com/articles/20100320/bharti-board-approvesbillion-offer-for-zain-africa-report.htm http://www.ibtimes.com/data/articleimgs/229661-a-man-pullscycle-rickshaw-with-goods-in.jpg http://www.ibtimes.com/articles/20100320/bharti-board-approvesbillion-offer-for-zain-africa-report.htm http://www.ibtimes.com/articles/20100320/bharti-board-approvesbillion-offer-for-zain-africa-report.htm Sat, 20 Mar 2010 09:40:01 EDT Regulators must be "significantly tougher" on large and complex financial firms to limit wider risks, but such firms are needed to keep the global economy humming, U.S. Federal Reserve Chairman Ben Bernanke said on Saturday. http://www.ibtimes.com/articles/20100320/bernanke-says-banks-need-much-tougher-oversight.htm http://www.ibtimes.com/data/articleimgs/229663-federal-reserve-board-chairman-bernanke-testifies-on.jpg http://www.ibtimes.com/articles/20100320/bernanke-says-banks-need-much-tougher-oversight.htm http://www.ibtimes.com/articles/20100320/bernanke-says-banks-need-much-tougher-oversight.htm Sat, 20 Mar 2010 09:24:01 EDT China's 2010 inflation goal of 3 percent is tough but achievable, with good grain supplies and excess capacity helping keep prices down, while growth should hit 8 or 9 percent, senior government advisers told a conference on Saturday. http://www.ibtimes.com/articles/20100320/china-inflation-goal-tough-but-reachable-official.htm http://www.ibtimes.com/articles/20100320/china-inflation-goal-tough-but-reachable-official.htm Sat, 20 Mar 2010 09:16:02 EDT Greece has taken the necessary steps to tackle its fiscal crisis and will not default on its debt obligations, the country's prime minister said on Saturday in a speech to his socialist party's national council. http://www.ibtimes.com/articles/20100320/greece-will-pay-its-debts-will-not-default-pm.htm http://www.ibtimes.com/data/articleimgs/229662-greeces-pm-papandreou-entershall-wherecabinet-meeting-will.jpg http://www.ibtimes.com/articles/20100320/greece-will-pay-its-debts-will-not-default-pm.htm http://www.ibtimes.com/articles/20100320/greece-will-pay-its-debts-will-not-default-pm.htm Sat, 20 Mar 2010 09:08:01 EDT U.S. President Barack Obama urged lawmakers on Saturday to resist pressure to weaken a financial reform bill and called again for an independent consumer watchdog to help prevent future financial crises. http://www.ibtimes.com/articles/20100320/obama-urges-senators-to-support-financial-reform.htm http://www.ibtimes.com/data/articleimgs/229660-upresident-obama-delivers-remarks-on-health-insurance.jpg http://www.ibtimes.com/articles/20100320/obama-urges-senators-to-support-financial-reform.htm http://www.ibtimes.com/articles/20100320/obama-urges-senators-to-support-financial-reform.htm Sat, 20 Mar 2010 08:08:01 EDT Japan's Canon Inc <7751.T> said its tender offer for shares in Oce NV <OCEN.AS> has raised its stake in the Dutch printer maker to 84 percent, moving closer to its target of turning Oce into a wholly owned subsidiary. http://www.ibtimes.com/articles/20100320/canon-stake-in-oce-hiked-to-84-pct-after-tender-offer.htm http://www.ibtimes.com/articles/20100320/canon-stake-in-oce-hiked-to-84-pct-after-tender-offer.htm Sat, 20 Mar 2010 07:00:02 EDT Storied Hollywood studio Metro-Goldwyn-Mayer may opt for a stand-alone plan if bids disappoint, and creditors are expected to meet early next week as the company sifts through expected offers, sources said. http://www.ibtimes.com/articles/20100319/mgm-could-go-it-alone-if-bids-disappoint-sources.htm http://www.ibtimes.com/articles/20100319/mgm-could-go-it-alone-if-bids-disappoint-sources.htm Fri, 19 Mar 2010 23:48:01 EDT 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