IBT Staff Reporter

49351-49380 (out of 154954)

Cameroon targets 5.5 pct growth in 2012: budget

Cameroon will raise spending 8.9 percent in 2012 in an effort to stimulate the economy of the oil-producing central African state, according to a draft budget due to be delivered to parliament on Friday.

Dow, S&P 500 gain, S&P above key level

The Dow and S&P 500 gauges rose on Friday as falling European sovereign debt yields eased investors' fears the region's debt crisis, helping to keep the S&P 500 above a key technical level.

'No More Kardashian' Petition Goes Viral: 133, 499 Signatures Already (PHOTOS)

A Kardashian boycott petition called No More Kardashian has garnered 133, 499 signatures as of Thursday afternoon, according to GoPetition.com. The preamble of the petition reads “We are respectfully requesting that your network [E!] find other shows to air. ‘Keeping up with the Kardashians’ is just not viewing that we the public, would like to see from your network. Enough is enough.”

'No More Kardashian' Petition Goes Viral: 133, 499 Signatures Already (PHOTOS)

A Kardashian boycott petition called No More Kardashian has garnered 133, 499 signatures as of Thursday afternoon, according to GoPetition.com. The preamble of the petition reads “We are respectfully requesting that your network [E!] find other shows to air. ‘Keeping up with the Kardashians’ is just not viewing that we the public, would like to see from your network. Enough is enough.”

Amazon nearly breaks even on Fire's cost: iSuppli

Amazon.com Inc almost breaks even on every Kindle Fire tablet it makes and sells, IHS iSuppli estimated on Friday, underscoring the aggressiveness with which it tried to rein in the cost of a device that spearheads its foray into the tablet market.

S&P to update bank credit ratings within 3 weeks

Standard & Poor's plans to update its credit ratings for the world's 30 biggest banks within three weeks and may well mete out a few downgrades in the process, possibly surprising battered global bond markets.

Regis Philbin says farewell to Live! after 28 years

Veteran talk show host Regis Philbin on Friday ended his run on the popular television program Live! with well-wishers including Mayor Michael Bloomberg stopping by to pay tribute to his nearly three decades on the daily show.

Alexander Payne dishes on The Descendants

Over the past 15 years director-writer Alexander Payne has created a small but potent body of work that shows his talent for balancing comedy and drama including Sideways, which earned Payne a screenwriting Oscar, and About Schmidt.

UK to test banks with simulated cyber attack

Banks in London, already on high alert for how to deal with a break-up of the euro zone, will on Tuesday be tested to see how they would cope with a cyber attack on their operations.

European bank chief urges action on rescue fund

European Central Bank chief Mario Draghi told euro zone governments on Friday to act fast to get their rescue fund up and running, expressing exasperation at their lack of progress in responding to the escalating debt crisis.

Merkel, Cameron differ on euro crisis weapons

The leaders of Germany and Britain sent out conflicting signals on Friday about how to solve the euro zone's debt crisis and admitted they had failed to narrow differences over the introduction of a financial transaction tax in Europe.

Bank funding strangled by govt debt fears

Fear over European banks' exposure to risky government debt stalked markets and harried bank executives on Friday, as unsecured lending between banks evaporated and the cost of secured loans rose.

Canada Life Ireland lead bidder for Irish Life: source

Canada Life Ireland, a unit of Canada's second-largest life insurer Great-West Lifeco (GWO.TO: Quote), is the lead candidate buy Irish Life & Permanent's (IPM.I: Quote) insurance arm, a source close to the matter said on Friday.

Philippine Ex-President Arroyo Arrested in Hospital

Former Philippine President Gloria Macapagal Arroyo was arrested on Friday for electoral fraud, which carries a life sentence, at a Manila hospital, preventing her departure from the country to seek medical treatment.

Dollar pushed higher by inflation data

The dollar firmed to a session high against the U.S. currency on Friday after data showed Canada's October inflation rate came in higher than forecast, curbing market bets on an interest rate cut.

Canada's Asian oil push not a slap to U.S.: minister

Canada is looking to diversify the market for oil sands crude by courting buyers in Asia, and is not trying to punish the United States for delaying TransCanada Corp's Keystone XL pipeline to Texas, the country's natural resources minister said on Friday.

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