International Business News - of 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 Chemical shipments on U.S. railroads fell 9.1 percent last week, the Association of American Railroads said on Thursday. http://www.ibtimes.com/articles/20090917/figure-us-chemical-demand-falls-report.htm Thu, 17 Sep 2009 15:54:25 EDT Investors betting on renewable or clean energy and related green themes are looking for healthy and sustainable returns, but the road is full of pitfalls for the unwary, investment managers warned on Thursday. http://www.ibtimes.com/articles/20090917/green-energy-onroll-but-experts-warn-bubbles.htm Thu, 17 Sep 2009 13:18:33 EDT Biopharmaceutical company XenoPort Inc and its partner GlaxoSmithKline Plc said their neuropathic pain drug met the main goal of reducing the intensity of pain in a mid-stage trial. http://www.ibtimes.com/articles/20090917/xenoport-says-pain-drug-meets-main-goal-trial.htm Thu, 17 Sep 2009 11:49:56 EDT General Motors GM.UL is examining ways to ramp up production of four newer models that are selling well above its expectations, a GM spokesman said on Wednesday. http://www.ibtimes.com/data/articleimgs/220574-.jpg http://www.ibtimes.com/articles/20090916/gm-says-may-increase-production-four-models.htm http://www.ibtimes.com/articles/20090916/gm-says-may-increase-production-four-models.htm Wed, 16 Sep 2009 14:42:38 EDT Oil eased to around $71 a barrel on Wednesday after a bigger-than-forecast rise in U.S. fuel stocks offset positive expectations for the world economy that spurred other markets higher. http://www.ibtimes.com/articles/20090916/oil-flat-on-weak-demand-signs-of-recovery-support.htm Wed, 16 Sep 2009 09:56:02 EDT Oil eased below $71 a barrel on Wednesday after a higher-than-forecast rise in U.S. fuel stocks offset positive expectations for the world economy that spurred other markets higher. http://www.ibtimes.com/data/articleimgs/220524-a-view-ofnew-70-000-barrels-per.jpg http://www.ibtimes.com/articles/20090916/oil-dips-on-weak-demand-signs-of-recovery-support.htm http://www.ibtimes.com/articles/20090916/oil-dips-on-weak-demand-signs-of-recovery-support.htm Wed, 16 Sep 2009 07:32:01 EDT Coach Inc said on Tuesday it had hired the head of luxury brand Prada's U.S. operations to run its new Reed Krakoff division, which will sell handbags, shoes and jewelry. http://www.ibtimes.com/articles/20090915/coach-says-prada-us-head-take-reins-unit.htm Tue, 15 Sep 2009 12:52:18 EDT Bonds of Sprint Nextel surged on Monday following a newspaper report that Deutsche Telekom is mulling a bid for the company. http://www.ibtimes.com/data/articleimgs/220335-.jpg http://www.ibtimes.com/articles/20090914/sprint-bonds-surge-after-news-possible-acquisition.htm http://www.ibtimes.com/articles/20090914/sprint-bonds-surge-after-news-possible-acquisition.htm Mon, 14 Sep 2009 09:25:19 EDT U.S. antitrust regulators have requested more documents in their probe of Microsoft Corp's deal to provide search engine technology to rival Yahoo Inc, the two companies said on Friday. http://www.ibtimes.com/articles/20090911/updateus-deepens-review-yahoo-microsoft-deal.htm Fri, 11 Sep 2009 13:28:40 EDT An Australian firm hoping to broker A$1.6 billion in carbon credit sales from saving tropical forests highlights the promise and peril of a U.N.-backed scheme that rewards projects for curbing deforestation. http://www.ibtimes.com/articles/20090911/carbon-firm-highlights-risk-appetite-forest-credits.htm Fri, 11 Sep 2009 09:18:32 EDT Bank of America Corp said on Thursday it named London-based Andrea Orcel an executive chairman for its global banking and markets division, according to an internal memo seen by Reuters. http://www.ibtimes.com/data/articleimgs/220149-.jpg http://www.ibtimes.com/articles/20090910/bank-america-names-orcel-executive-banking-post.htm http://www.ibtimes.com/articles/20090910/bank-america-names-orcel-executive-banking-post.htm Thu, 10 Sep 2009 14:30:57 EDT Target Corp said on Thursday that its board of directors agreed to declassify its structure, in a move that would make directors stand for reelection each year. http://www.ibtimes.com/articles/20090910/target-moves-declassify-board-directors.htm Thu, 10 Sep 2009 10:33:17 EDT General Motors was set to end months of suspense over the fate of its Opel unit on Thursday and announce whether it plans to sell the European carmaker to one of two rival bidders. http://www.ibtimes.com/data/articleimgs/220103-a-gm-and-opel-logos-are-seen.jpg http://www.ibtimes.com/articles/20090910/gm-to-end-months-of-suspense-on-opel.htm http://www.ibtimes.com/articles/20090910/gm-to-end-months-of-suspense-on-opel.htm Thu, 10 Sep 2009 07:24:02 EDT U.S. refiner Sunoco Inc said on Tuesday it is examining pipes and systems at its U.S. facilities in the wake of a May fire at its 178,000-barrel-per-day Marcus Hook, Pennsylvania, refinery. http://www.ibtimes.com/data/articleimgs/219974-.jpg http://www.ibtimes.com/articles/20090908/sunoco-says-examining-facilities-wake-fire.htm http://www.ibtimes.com/articles/20090908/sunoco-says-examining-facilities-wake-fire.htm Tue, 08 Sep 2009 16:22:52 EDT Oil prices rose 4.5 percent on Tuesday, their biggest gain in nearly three weeks, as weakness in the U.S. dollar fired up inflation fears and triggered a rush of buying across commodities markets. http://www.ibtimes.com/articles/20090908/oil-jumps5-percent-on-eve-of-opec-meet.htm Tue, 08 Sep 2009 15:24:02 EDT Oil prices held steady on Tuesday with investors perched on the fence ahead of an OPEC meeting on Wednesday, which analysts believe may see more rhetoric on compliance but no change in output targets. http://www.ibtimes.com/articles/20090907/oil-ticks-up-ahead-of-opec-inventory-data.htm Mon, 07 Sep 2009 23:56:02 EDT Author Jeff Lindsay found inspiration for a novel about a "good" serial killer in the fake smiles and insincere handshakes of people at a civic group meeting who, he thought, might want to kill each other. http://www.ibtimes.com/articles/20090904/dexter-author-offers-latest-tale-murder.htm Fri, 04 Sep 2009 17:16:21 EDT Bermuda reinsurer Validus Holdings won shareholder support for its $1.77 billion acqusition of rival IPC Holdings on Friday, and moved swiftly to close a deal that was months in the making. http://www.ibtimes.com/articles/20090904/shareholders-ok-validus-takeover-rival-ipc.htm Fri, 04 Sep 2009 15:56:26 EDT U.N. Secretary-General Ban Ki-moon called on Thursday for swifter work on a climate treaty, saying inaction could spell economic disaster and a rise in sea levels of up to 2 meters (6.5 ft) by 2100. http://www.ibtimes.com/data/articleimgs/219691-.jpg http://www.ibtimes.com/articles/20090903/un-ban-seeks-tough-climate-pact-warns-disaster.htm http://www.ibtimes.com/articles/20090903/un-ban-seeks-tough-climate-pact-warns-disaster.htm Thu, 03 Sep 2009 10:26:38 EDT Oil major BP Plc said it has made an oil discovery in the Gulf of Mexico, which analysts believe could contain over 1 billion barrels of recoverable reserves, reaffirming the Gulf's strategic importance to the industry. http://www.ibtimes.com/data/articleimgs/219614-a-bp-logo-is-seen-atpetrol-station.jpg http://www.ibtimes.com/articles/20090902/bp-makes-giant-oil-find-in-gulf-of-mexico.htm http://www.ibtimes.com/articles/20090902/bp-makes-giant-oil-find-in-gulf-of-mexico.htm Wed, 02 Sep 2009 12:56:01 EDT