IBT Staff Reporter

49951-49980 (out of 154954)

James Murdoch kept in dark on hacking: report

News Corp's James Murdoch was kept in the dark about the scale of phone hacking at the News of the World by his subordinates who tried to manage the problem, the newspaper's former chief reporter said on Monday.

New Italian, Greek governments race to limit damage

Technocrat leaders in Italy and Greece rushed to form governments as they sought to limit the damage from the euro zone debt crisis on Monday, and the euro climbed on relief that a key Italian bond auction drew decent demand from investors.

Dubai speed machine defies slowdown

The world's top planemakers issued bullish forecasts for sales from the Middle East on Monday, underlining the region's importance to the industry a day after Boeing unveiled a blockbuster deal to sell 777 jetliners to host airline Emirates.

MUFG H1 net profit jumps, raises full-year forecast

Mitsubishi UFJ Financial Group said on Monday its net profit jumped 95.1 percent in the April-September first half, boosted by a hefty one-time gain from its stake in Morgan Stanley , and raised its full-year profit forecast.

Mizuho net falls 25 percent, plans 3,000 job cuts

Mizuho Financial Group maintained its full-year net profit forecast on Monday after reporting that first-half profit fell 25.4 percent, weighed down by the absence of hefty bond trading gains that lifted its profits the previous year.

Asia stocks rise on hopes of progress in Europe

Asian stocks rose on Monday and the euro edged up on hopes that new technocratic leaders in Italy and Greece will take decisive action to save their indebted nations from bankruptcy and fend off a wider financial meltdown in the euro zone.

Obama to China: Behave Like 'Grown-up' Economy

President Barack Obama told China on Sunday that the United States was fed up with its trade and currency practices, as he turned up the heat on America's biggest economic rival at an Asia Pacific summit.

Italy Anxiously Awaits Reaction to New Premier

Italy anxiously awaits the reaction of financial markets Monday to the appointment of former European Commissioner Mario Monti to head a technocratic government, hoping it will end a disastrous week for the Eurozone's third largest economy.

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