IBT Staff Reporter

Online and mail-order video company Netflix has no plans to bring its streaming service to Research In Motion's PlayBook tablet.

U.S. fund managers who successfully called the bottom of their home credit market in 2008 are starting to put money back into Europe in a sign of returning confidence in the euro zone.

Stocks were little changed on Friday, hovering around highs not seen since June 2008, while energy shares gained alongside crude oil prices.

New single-family home sales fell in January, but an upward revision to the prior months' data and a drop in the supply of properties on the market added to growing signs of a budding recovery in the housing sector.

Portugal is pinning hopes of repairing its fragile economy on an export revival, Prime Minister Pedro Passos Coelho said on Friday, as the country's recession deepens and it battles to hit tough austerity targets.

Blackstone Group has hired Ed Huang from Morgan Stanley's Asia private equity unit as a managing director for China, two sources familiar with the matter told Reuters, as the private equity giant builds up its teams in Asia.

LONDON - No sooner are Europe's debt anxieties easing a touch than a sharp rise in oil prices threatens to impede the economy's tentative recovery from the euro's near-death experience with Greece.

Stock index futures pointed to a slightly higher open on Friday and looked to extend gains that have taken equities to highs not seen since before the 2008 collapse of Lehman Brothers.

Stock index futures pointed to a slightly higher open on Friday and looked to extend gains that have taken equities to highs not seen since before the 2008 collapse of Lehman Brothers.

The Federal Reserve should only embark on a third round of large-scale bond purchases if the U.S. economy deteriorates and inflation drops, and we are not there yet, a top Fed official said on Friday.

J.C. Penney Co Inc said on Friday that sales at its stores open at least a year had fallen 1.8 percent in the holiday quarter, contributing to a sharp drop in its gross profit margin.

Volkswagen , the world's second-largest carmaker, posted an unexpected decline in fourth-quarter operating profit as inventories of unsold vehicles nearly doubled, ending an otherwise bumper year on a downbeat note.

Stock index futures were higher on Friday, extending gains that have taken equities near highs not seen since before the 2008 collapse of Lehman Brothers.

In case there was any doubt about the ideology of Germany's Left Party, its leaders have brought out a cookbook that includes such favourites as anti-Atomic waffles and Soljanka, a feisty Russian soup that was popular in communist East Germany.

Stock index futures rose on Friday, extending gains that have taken equities near highs not seen since before the 2008 collapse of Lehman Brothers.

Italian carmaker Fiat may have to close two of its loss-making five domestic plants if plans to export to the growing U.S. market don't materialize, its Chief Executive Sergio Marchionne said on Friday.

Ford Motor is on track to double the number of dealerships in China by 2015, its country chief said on Friday, as it launches a half-billion-dollar plant and races to narrow the gap with foreign rivals in the world's largest auto market.

Lloyds pushed back a key target of its turnaround plan as the part state-owned British bank posted a 3.5 billion pound ($5.5 billion) annual loss and said a tough economic outlook would hit revenues and income this year.

A Chinese firm trying to stop Apple Inc from using the iPad name in China has launched an attack on the consumer electronics giant's home turf, filing a lawsuit in California that accuses it of employing deception when it bought the trademark.

Casino mogul Steve Wynn ousted his former friend and partner Kazuo Okada from the board of his Wynn Macau unit on Friday, in the latest twist to a gripping legal joust that shines a light into gaming industry governance.

Dropbox unveiled on Thursday a new photo uploading feature for Android smartphones, potentially sharpening its competition with Google, Apple, and a host of other companies battling to rule the burgeoning market for online storage solutions.

Japanese investor Kazuo Okada, embroiled in a legal battle with Wynn Resorts CEO Steve Wynn, a long-time business partner, over alleged improper payments made to Philippine regulators, says he will not attend a Friday meeting scheduled to oust him from the board of Wynn Macau.

The Asian firm trying to stop Apple Inc from using the iPad name has now launched an attack on the consumer electronics giant's home turf, filing a lawsuit in California that accuses the iPhone-maker of employing deception when it bought the iPad trademark.

The Asian firm trying to stop Apple Inc from using the iPad name has now launched an attack on the consumer electronics giant's home turf, filing a lawsuit in California that accuses the iPhone-maker of employing deception when it bought the iPad trademark.

A U.S. law against foreign bribery is the unusual weapon of choice in an increasingly bitter boardroom struggle between U.S. casino mogul Steve Wynn and Japanese investor Kazuo Okada. But both sides may end up shooting blanks.

Billionaire Kazuo Okada said on Thursday he would not attend the special meeting of Wynn Macau Ltd's board of directors meeting, where the agenda item was to remove him as a director.

Gap Inc's profit forecast for the year ahead failed to excite investors, but the company did lay down concrete plans for a revamp as it tries to work on its merchandise and move away from the heavy discounts seen in the holiday quarter.

Bailed-out insurer American International Group reported a $19.8 billion profit for the fourth quarter, after an accounting change that allowed the company to record an enormous one-time benefit.

Officials from top emerging market countries will discuss fledgling plans to set up a multilateral bank to fund projects in developing nations during upcoming Group of 20 meetings, a senior Brazilian government official said on Thursday.