UNITED STATES

GTL Resources agrees $52 million takeover

IBTimes Logo
GTL Resources, the owner of an ethanol and bio-refining company, has agreed to a 32 million pound ($52 million) cash offer from marine firm Siem Kapital and fund manager North Atlantic Value , the companies said on Monday.
Moammar Gadhafi

Gaddafi Had Jewish Pen-Pal in Brooklyn

Louis Schlamowitz, a retired 81-year-old florist, wrote letters and exchanged photos with the Libyan strongman for twenty years starting in the late 1960s
More news
U.S. Capitol

Super Committee: Government Access Groups Rally for Transparency

The Congressional super committee has been less transparent than Casper the Friendly Ghost, according to several good government organizations, who are staging Halloween rallies to call for more openness as the dozen-member group decides how to tighten the budget by at least another $1.2 trillion.
IBTimes Logo

Happy Halloween: Google Doodle Team Carves Giant Pumpkins [VIDEO]

The Happy Halloween doodle is one the Google Doodle team put together each year, but what usually is a simple illustration or animation has this year become a full day shoot of the doodle team physically carving 1000 pound pumpkins, at Google's headquarters in California.
A sculpture showing the euro currency sign is seen in front of the European Central Bank (ECB) headquarters in Frankfurt

Euro Area Growth to Slow Next Year - OECD

The euro area is headed toward a sharp economic slowdown in 2012, with some countries set for negative growth, and failure to restore confidence in battered state finances could prompt a major contraction in developed countries, the OECD said on Monday.
IBTimes Logo

Daylight Saving Time 2011: When, Where and How to Change the Clocks

Though most areas of the U.S. currently observe daylight saving time, Arizona, Hawaii, and the territories of Puerto Rico, the Virgin Islands, American Samoa, Guam, and the Northern Mariana Islands are exceptions. But in Arizona, the Navajo Nation observes daylight saving time.
IBTimes Logo

Moody's Cuts Outlook for European Steel Industry

Ratings agency Moody's has cut its outlook for the European steel industry to negative and said it expects demand to weaken by up to 4 percent in the next 12 months, as the industry faces economic strain and weak construction and auto markets.
IBTimes Logo

Catastrophe losses weigh on Loews

Loews Corp , run by the billionaire Tisch family, posted quarterly earnings below analysts' estimates for the third time in a row, hurt by a fall in its investment income and higher catastrophe losses at its biggest holding CNA Financial .
Former Alaska Gov. Sarah Palin

Sarah Palin: What's She up to?

Sarah Palin ended seemingly insatiable speculation earlier this month when she announced she would not, in fact run for President. What's she been up to since then?
IBTimes Logo

Lower investment income, catastrophe losses weigh on

Loews Corp , run by the billionaire Tisch family, posted quarterly earnings below analysts' estimates for the third time in a row, hurt by a fall in its investment income and higher catastrophe losses at its biggest holding CNA Financial .
IBTimes Logo

Oil Prices Down as Dollar Gains on Yen

Oil prices eased on Monday, with Brent slipping below $110, as the dollar rose against the yen after Japan intervened in the currency markets to stem the rise of the yen.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.