UNITED STATES

IBTimes Logo

World Stocks Rebound from Lows on ECB Easing Hopes

World stocks came off their lows and the euro inched up from an earlier 10-year trough against the yen on Monday as speculation that the European Central Bank might cut interest rates to help the economy countered concern over the euro zone debt crisis.

World stocks off lows on ECB easing hopes

IBTimes Logo
World stocks came off their lows and the euro inched up from an earlier 10-year trough against the yen on Monday as speculation that the European Central Bank might cut interest rates to help the economy countered concern over the euro zone debt crisis.
Traders work at their desks in front of the DAX index board at Frankfurt's stock exchange

World Stocks Fall on Doubts over EU Plans

World stocks fell toward the previous week's 14-month low on Monday and the euro hit a 10-year low against the yen as doubts grew over how effective Europe's latest crisis-battling steps would be in containing the continent's sovereign debt problems.
More news
IBTimes Logo

World stocks slide on fears Europe crisis

European stock index futures fell on Monday, following a slump in Asian shares, and the euro slid amid skepticism that Europe's latest efforts to contain its sovereign debt crisis can prevent it from wreaking more damage on the world economy.

Iran's President Arrives in Sudan to Boost Ties

Iran's President Mahmoud Ahmadinejad will arrive in Sudan late on Sunday for talks expected to focus on boosting political and economic ties between the two allies, Sudanese officials said.
Ivory Coast

Ivory Coast may Produce Half of World's Cocoa

Ivory Coast, the world's top cocoa producer, expects to raise its output this year to the point that it could account for half of the world's production, President Alassane Ouattara said on Saturday.
Sarah Shourd looks up at Josh Fattal as he delivers a statement about his release from detention in Iran with Shane Bauer at a news conference in New York September 25, 2011

U.S. Hikers Back Home From a World of 'Lies and False Hope'

From the very start, the only reason we've been held hostage is because we're American - These are the words of Josh Fattal, one of the three American hikers who were arrested by the Iranian forces while hiking in the Kurdish region along the Iraq-Iran border in July, 2009.
An employee walks pass a billboard in the Wipro campus in Bangalore

Wipro in Talks to Sell Assets in U.S. Unit - Report

Wipro, India's No.3 software services exporter, is considering selling data centres and other computer hardware assets of its U.S. unit Infocrossing, the Economic Times reported on Monday, quoting unnamed officials and bankers familiar with the talks.
IBTimes Logo

Maritime firms to struggle with credit squeeze

With fears of a recession rising, the maritime industry will find it increasingly difficult to obtain financing for expansion over the next year, with the exception of the offshore-energy sector, industry experts said.

DNC Chair: All Republican Candidates Are 'the Same' [VIDEO]

During an appearance on CBS' Face the Nation, Democratic National Committee Chair Rep. Debbie Wasserman Schultz said all of the GOP candidates for the 2012 presidential election are the same because they are controlled by the far-right platforms of the Tea Party

Despite 10M Units, Galaxy S2 Still Lags iPhone

Consumer electronics giant Samsung said this weekend that its popular Galaxy S2 smartphone sold over 10 million units globally, making it the most-sold Android phone in the world, but it still has a ways to go before it catches up to Apple.
IBTimes Logo

Retail bosses survey darkening skies

The deteriorating outlook for the world economy, and what retailers can do to cope, are likely to be the dominant themes at the annual World Retail Congress in Berlin this week.
IBTimes Logo

iPhone 5 Contender Galaxy S2 Hits 10M Units

Consumer electronics giant Samsung said on Sunday that its venerable Galaxy S2 smartphone reached 10 million units sold globally, making it the most sold Android phone and positioning it for a bout with Apple.
IBTimes Logo

State Farm pay $5 billion to cover weather damages

State Farm Insurance has paid $5 billion to its customers for weather-related catastrophes -- damage to cars, homes and other property so far this year -- the largest U.S. insurer of homes and cars said on Sunday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.