International Business News - CHE http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Robert Mondavi, the vintner who built his career and helped an iconic Northern California industry blossom by insisting that Napa Valley wines can compete with the best in the world, died in the valley Friday. He was 94. http://www.ibtimes.com/articles/20080517/calif-wine-patriarch-robert-mondavi-dies-at-94.htm Sat, 17 May 2008 04:15:44 EDT Manufacturers trying to match Speedo's record-breaking swimsuit have been given a new chance to get their products approved before the Olympics. Swimming governing body FINA announced a June 3 meeting in Lausanne, Switzerland. http://www.ibtimes.com/articles/20080516/swimsuit-makers-get-another-shot-before-olympics.htm Fri, 16 May 2008 14:05:34 EDT Robert Mondavi, the vintner who built his career and helped an iconic Northern California industry blossom by insisting that Napa Valley wines can compete with the best in the world, died in the valley Friday. He was 94. http://www.ibtimes.com/data/articleimgs/47854-obit-mondavi.jpg http://www.ibtimes.com/articles/20080516/california-winemaking-patriarch-robert-mondavi-dead-at-94.htm http://www.ibtimes.com/articles/20080516/california-winemaking-patriarch-robert-mondavi-dead-at-94.htm Fri, 16 May 2008 20:42:13 EDT Health regulators warned again Friday that Roche and Novartis drugs prescribed to organ transplant patients can cause miscarriages and birth defects when used by pregnant women. http://www.ibtimes.com/articles/20080516/fda-stresses-birth-defect-risks-with-roche-drug.htm Fri, 16 May 2008 16:56:32 EDT A vivid blue 3.7-carat diamond ring sold for nearly $5 million at auction, becoming the priciest gemstone per carat ever, Sotheby's said Friday. The oval-shaped stone _ about the size of a pistachio shell _ fetched a price of $1.33 million per carat, edging out a similar blue diamond that sold last year in Hong Kong for $1.32 million per carat. http://www.ibtimes.com/articles/20080516/vivid-blue-3-7-carat-diamond-sells-for-nearly-5m.htm Fri, 16 May 2008 12:19:39 EDT Steel manufacturer Nucor Corp. said Friday it has promoted Rex Query to the new position of president of Nucor Europe, effective June 1. Query will be based at Nucor Europe's offices in Switzerland. http://www.ibtimes.com/articles/20080516/nucor-names-rex-query-as-european-president.htm Fri, 16 May 2008 10:23:00 EDT The dollar fell against the euro and other major currencies on Friday as oil prices rose to a record near $128 a barrel. A rebound in construction of new homes did little to dispel economic gloom. http://www.ibtimes.com/articles/20080516/euro-pound-yen-higher-against-dollar.htm Fri, 16 May 2008 16:52:25 EDT A combination of two new-generation cancer drugs modestly delayed the time it took for cancer to worsen in a study of 300 women with very advanced disease who had stopped responding to other treatments. http://www.ibtimes.com/articles/20080516/drug-combo-helps-women-with-advanced-breast-cancer.htm Fri, 16 May 2008 01:32:23 EDT Authorities in France, Germany and the Netherlands on Friday detained at least 10 people suspected of helping to fund al-Qaida-linked militants with roots in Uzbekistan, officials said. http://www.ibtimes.com/articles/20080516/police-10-arrested-in-terror-probe.htm Fri, 16 May 2008 07:44:38 EDT The international Red Cross says a lack of clean water will be the biggest killer in Myanmar in the coming days. International Federation of Red Cross and Red Crescent Societies says hundreds of thousands of cyclone victims in the Southeast Asian country need clean water urgently or risk falling victim to diseases such as dysentery. http://www.ibtimes.com/data/articleimgs/46804-myanmar-cyclone.jpg http://www.ibtimes.com/articles/20080516/red-cross-clean-water-most-urgent-for-myanmar.htm http://www.ibtimes.com/articles/20080516/red-cross-clean-water-most-urgent-for-myanmar.htm Fri, 16 May 2008 04:05:32 EDT The U.S. dollar was lower against other major currencies in European trading Friday morning. Gold fell. The euro traded at $1.5487, up from $1.5454 late Thursday in New York. http://www.ibtimes.com/articles/20080516/us-dollar-down-in-europe.htm Fri, 16 May 2008 06:13:13 EDT Daniel Slater's new production of "Lohengrin" wasn't necessarily vintage Wagner, but it deserves praise as a thoughtful and tasteful take on the medieval legend _ and certainly none of the boos it received on opening night. http://www.ibtimes.com/data/articleimgs/46561-switzerland-lohengrin.jpg http://www.ibtimes.com/articles/20080515/lohengrin-cheered-in-geneva-after-opening-night-boos.htm http://www.ibtimes.com/articles/20080515/lohengrin-cheered-in-geneva-after-opening-night-boos.htm Thu, 15 May 2008 16:13:39 EDT The dollar was higher against the euro, but fell against the other major currencies late Thursday, tamped by weak American manufacturing and industrial output data. http://www.ibtimes.com/articles/20080515/dollar-mostly-lower-on-weak-manufacturing-data.htm Thu, 15 May 2008 16:11:35 EDT Copper developer Indophil Resources NL on Thursday rejected a cash takeover offer by Anglo-Swiss miner Xstrata PLC that caused nearly a 40-percent surge in its share prices. http://www.ibtimes.com/articles/20080515/indophil-rejects-buyout-bid-from-xstrata.htm Thu, 15 May 2008 07:34:00 EDT Swiss insurer Zurich Financial Services AG on Thursday posted a 3 percent rise in first-quarter profits despite difficult markets. Net profit for the three months ending March 31 were $1.43 billion (930 million euros) up from $1.39 billion for the same period last year, Zurich Financial said, adding that it also benefited from the low dollar, reserve releases and tax benefits. http://www.ibtimes.com/articles/20080515/zurich-financial-q1-net-up-3-pct-in-tough-market.htm Thu, 15 May 2008 07:23:25 EDT Some 800,000 residents were forcibly evicted from their homes in the Nigerian capital, Abuja, over a four-year period to make way for development in the fast-growing city, a rights group said Thursday. http://www.ibtimes.com/articles/20080515/rights-group-800-000-evicted-in-nigeria.htm Thu, 15 May 2008 06:36:44 EDT A Swiss pilot strapped on a jet-powered wing and leaped from a plane Wednesday for the first public demonstration of the homemade device, turning figure eights and soaring high above the Alps. http://www.ibtimes.com/data/articleimgs/46298-switzerland-rocket-man.jpg http://www.ibtimes.com/articles/20080514/swiss-man-soars-above-alps-with-jet-powered-wing.htm http://www.ibtimes.com/articles/20080514/swiss-man-soars-above-alps-with-jet-powered-wing.htm Wed, 14 May 2008 15:47:51 EDT Independent oil producer Vaalco Energy Inc. is suing its largest shareholder and another company, alleging they violated securities laws by sending misleading information to shareholders. http://www.ibtimes.com/articles/20080514/vaalco-sues-investors-alleging-misleading-tactics.htm Wed, 14 May 2008 13:27:21 EDT Switzerland's leading telecommunications company has signed with Apple Inc. to carry the iPhone later this year, making the multimedia gadget available in one more country as Apple prepares a new version with a speedier Internet connection. http://www.ibtimes.com/articles/20080514/switzerlands-top-telecom-to-carry-iphone.htm Wed, 14 May 2008 13:23:29 EDT The U.S. dollar was higher against other major currencies in European trading Wednesday morning. Gold opened lower. The euro traded at $1.5417, down from $1.5480 late Tuesday in New York. http://www.ibtimes.com/articles/20080514/us-dollar-higher-in-europe.htm Wed, 14 May 2008 06:28:55 EDT