Legendary cyclist Lance Armstrong, who won the coveted Tour de France a record seven consecutive years, has said he's retiring from the sport.
Jijo Jacob
Feb 16, 2011
BHP Billiton plans to pour $80 billion into expansion over the next five years rather than chase ambitious takeovers, the world's biggest miner said after booming demand for iron ore and copper helped nearly double its first-half profits.
IBT Staff Reporter
Feb 16, 2011
British PC and video games retailer Game said it is aiming to revive its fortunes by increasing sales over the Internet and converting more visitors to its stores into paying customers.
IBT Staff Reporter
Feb 16, 2011
Global miner BHP Billiton's boss, Marius Kloppers, confirmed on Wednesday he had harbored concerns about Chinese and competitor espionage on his business, citing it as a reason behind his push for market pricing of key commodities.
IBT Staff Reporter
Feb 16, 2011
BHP Billiton , the world's biggest miner, plans to pour $80 billion into expansions over the next five years and return cash to investors rather than chase ambitious takeovers, after nearly doubling its first-half profit to a record.
IBT Staff Reporter
Feb 15, 2011
ING will sell most of its real estate management operations for about $1 billion to U.S.-based property broker CB Richard Ellis Group, helping the Dutch bancassurer to pay down state aid.
IBT Staff Reporter
Feb 15, 2011
Foster's Group , Australia's largest brewer, pushed ahead on Tuesday with plans to split its beer and wine businesses, but it risked dampening bidder appetite for either unit by also reporting soft first-half profits.
IBT Staff Reporter
Feb 15, 2011
Anglo-Australian miner BHP Billiton once offered to trade intelligence with Washington on China, its most important market, an Australian newspaper said on Tuesday, citing leaked U.S. cables obtained from WikiLeaks.
IBT Staff Reporter
Feb 14, 2011
Some banks' credit ratings will be cut as governments make it easier to wind up failing lenders and force debtholders to pay for rescues, rating agency Moody's said on Monday.
IBT Staff Reporter
Feb 14, 2011
Frustrated with slow mobile Internet speeds and stalling videos, consumers are willing to dole out extra cash for better telecommunicaitons services, allowing more pricing room for operators, a global report showed on Monday.
IBT Staff Reporter
Feb 14, 2011
Global stock exchanges have apparently entered into a new round of consolidation that promises to radically alter trading activities for millions of investors.
Palash Ghosh
Feb 14, 2011
China's trade surplus fell to its lowest in nine months in January after imports surged, supporting the government's case ahead of a G20 meeting that it is doing enough to spur domestic demand without speeding up currency appreciation.
IBT Staff Reporter
Feb 14, 2011
Asian stocks rallied on Monday, snapping five straight sessions of losses, as talk of slower-than-expected Chinese inflation helped drive Shanghai's main share index to its best level in seven weeks.
IBT Staff Reporter
Feb 14, 2011
Asian stocks rose on Monday as investors greeted news of Egyptian President Hosni Mubarak's resignation with relief, while U.S. crude steadied near $85.50 per barrel after falling to 10-week lows as geopolitical tensions eased for now.
IBT Staff Reporter
Feb 14, 2011
The new vessels will be “new generation” ships in many innovative ways - housing exciting new activities and entertainment concepts as well as environment friendly factors.
Sanskrity Sinha
Feb 12, 2011
Beijing will have to seek alternative sources of grain to feed animals as top exporter the United States runs tighter on corn supply than it has for decades, while at home a severe drought threatens China's wheat belt.
Wenwen Meng
Feb 11, 2011
A book authored by a WikiLeaks defector claims that the founder of the whistleblower website, Julian Assange, has four 'love children' across the world. An excerpt of the tell-all book was leaked to gossip website Gawker.
IBT Staff Reporter
Feb 11, 2011
Total reported bumper earnings on Friday, bolstered by stronger oil prices, and the French oil major unveiled plans to spend $20 billion this year on new oil and gas projects to boost flagging production.
IBT Staff Reporter
Feb 11, 2011
Flood and storm-battered northern Australia is likely to suffer more frequent weather extremes, according to a study of coral cores that reveal a centuries-old climate record for the region.
IBT Staff Reporter
Feb 11, 2011
Newcrest Mining , Australia's top gold miner, almost doubled underlying first-half profits on Friday due to higher gold production, beating some forecasts, and appointed a new chief executive.
IBT Staff Reporter
Feb 11, 2011
Canadian exchange operator TMX Group (X.TO), which is the target a friendly takeover by the London Stock Exchange (LSE.L) said on Thursday it has taken a 50 percent stake in Australia's PCF MinesOnline.com Ltd.
IBT Staff Reporter
Feb 11, 2011
Global reinsurance giant Swiss Re said Australia's natural disaster risk was increasing and urged its governments to cover the rising damages bill using insurance instruments like catastrophe bonds as opposed to one-off disaster levies.
IBT Staff Reporter
Feb 11, 2011