UNITED STATES

U.S. Retail Sales Rose 0.4% in Jan, Lower Than Expected

retail sales
Sales at U.S. retailers climbed slightly in January as Americans took advantage of post-holiday promotions, and although Tuesday's data fell short of economists' median projection, it still provided yet another hopeful sign of a strengthening economy.
A picture illustration shows Japanese 10,000 yen notes featuring a portrait of Yukichi Fukuzawa, the founding father of modern Japan, taken in Tokyo

Yen Down against Dollar after Bank of Japan Easing

The yen fell on Tuesday as the Bank ofJapan eased monetary policy by expanding its asset-buying scheme, but the impact on the currency may prove short-lived while nagging worries over the euro zone crisis keep it supported as a safe haven.
More news
US Treasury Secretary Tim Geithner

Europe to America: Help!

A European finance minister, in Washington for a panel on global business and economics, sent up a flare to U.S. officials Monday afternoon, saying he hoped the U.S. would be more involved in playing a key role to solving the ongoing sovereign debt crisis in Europe.
Netanyahu and Ahmedinejad

When will Israel Attack Iran?

Straws in the wind indicate that a non-war option does not hold much water in the current situation. Obviously there are two non-war options, but both look disappointingly implausible. They are: 1) Iran should retreat from its nuclear enrichment process and activities the West alleges are intended to make an N-bomb and 2) Israel, the West and Iran's pathological foes in the Arabian Gulf should live with a nuclear Iran. Both of these options are impractical.
McDonald's

McDonald's Promises To Release Its Pigs

Your next order of bacon or sausage at McDonald's may come from a slightly happier pig, as the world's largest restaurant chain has required its pork suppliers end the use of gestation pens, a nod to complaints by animal rights activists.
IBTimes Logo

Monsanto says to appeal French poisoning verdict

U.S. agri-business giant Monsanto said on Tuesday it will appeal a French court ruling that found it responsible for the poisoning of a farmer who inhaled a weedkiller in what is the first such case to reach court in France.
Blast Site

Iranian Injured by His Own Bomb in Bangkok

A man thought to be Iranian was seriously wounded in Bangkok on Tuesday when a bomb he was carrying exploded and blew one of his legs off, police and a government spokeswoman said.
IBTimes Logo

Eurozone Output Falls, GDP Set to Contract

Output at factories in the euro zone tumbled in December, reflecting a sick European economy that probably shrank at the end of 2011 but it is hoped will recover this year.
Explosion Spot

Attack on Israeli Diplomat Pressures India to Curtail Iran Ties

An Israeli diplomatic vehicle was attacked today in New Delhi, injuring four, including the wife of an Israeli defense representative working at the Embassy. The perpetrator reportedly used the same method of attack - detonating an explosive device that had been attached magnetically to the vehicle.
Bank of Japan Governor Masaaki Shirakawa speaks during a news conference at its headquarters in Tokyo

BOJ Signals More Aggressive Policy, Sets Inflation Goal

The Bank of Japan boosted its asset buying program by $130 billion on Tuesday and in the face of political pressure set an inflation goal of one percent, signaling a more aggressive monetary policy to pull an ailing economy out of deflation.
Apple iPads

Apple 4G iPad to be Announced in March

Apple Inc plans to announce a fourth-generation version of its iPad (4G iPad) in the first week of March, a Wall Street Journal report said, citing a person briefed on the matter.
IBTimes Logo

Moody's warns UK, France, Austria over AAA rating

Rating agency Moody's warned on Monday it may cut the triple-A ratings of France, the United Kingdom and Austria, and it downgraded six other European nations including Italy, Spain and Portugal, citing growing risks from Europe's debt crisis.
IBTimes Logo

Heart Attack Scars Healed by Stem Cells

The scars caused by a heart attack have been healed by stem cells collected from the patient's own heart, U.S. experts have said.found that the amount of scar tissue was halved in the small safety trial.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.