IBT Staff Reporter

49981-50010 (out of 154954)

Orascom Telecom swings to Q3 net loss

Currency effects helped push Orascom Telecom to a net loss of $975,000 for the third quarter from a profit of $939 million a year earlier, the company said on Sunday.

Japan ends recession as quake scars heal; outlook dim

Japan's economy rebounded as expected in the third quarter from a recession triggered by a devastating March earthquake on robust exports and consumption, but persistent yen strength and sluggish global growth cloud its outlook.

Oprah Winfrey receives unimaginable Oscar

Oprah Winfrey received an honorary Oscar for her charitable work on Saturday in what she called an unimaginable moment for a black woman who grew up poor in Mississippi and rose to the top of Hollywood stardom.

Canada eyes Asia after U.S. delays Keystone project

Canada will try to sell more of its energy products to Asia after Washington delayed a decision on whether to approve the Keystone XL Canada-to-Texas oil pipeline project, Prime Minister Stephen Harper said.

Japan Q3 GDP rebounds as quake damage heals

Japan's economy grew 1.5 percent in July-September from the previous quarter following three quarters of contraction as exports and consumption rebounded from a slump caused by the March earthquake, government data showed on Monday.

The drum beat for austerity gets louder

Much of the developed world is charging ahead with austerity plans that will drag on the world economy next year, with bond market vigilantes beating the drum for ever-more belt tightening.

Greek and Italian drama for stocks

Wall Street is stuck in a highly volatile range as investors hoping for a rally into the end of the year are browbeaten by Europe's unfolding crisis.

Iran says has detected Duqu computer virus

Iran said on Sunday it had detected the Duqu computer virus that experts say is based on Stuxnet, the so-called cyber-weapon discovered last year and believed to be aimed at sabotaging the Islamic Republic's nuclear sites.

EADS says Berlin move clears air, eyes alternative

The chief executive of European aerospace group EADS said a decision by the German government to take a 7.5 percent stake lifted uncertainty over the group's shareholder structure but that the management had proposed a long-term alternative.

Eli Lilly faces tough times with patent losses

Eli Lilly and Co has hit a tough spot with the pharmaceutical company's top treatment now facing competition from cheaper generic brands and the looming loss of patent protection on other drugs.

For U.S. investors, it's all Greek

Wall Street is stuck in a highly volatile range as investors hoping for a rally into the end of the year are browbeaten by Europe's unfolding crisis.

Emirates' $18 billion Boeing order kicks off air show

Emirates airline placed a blockbuster order for 50 Boeing 777 jetliners at the Dubai Air Show on Sunday, underscoring the confidence brimming among fast-growing Gulf airlines despite growing fears of stalling global growth.

Obama, Hu air economic disputes at APEC summit

President Barack Obama and Chinese President Hu Jintao presented dueling trade agendas at a Pacific summit on Saturday that underscored growing tensions between the world's two biggest economies.

Emirates' $18 billion Boeing order kicks off air show

Emirates airline placed a blockbuster order for 50 Boeing 777 jetliners at the Dubai Air Show on Sunday, underscoring the confidence brimming among fast-growing Gulf airlines despite growing fears of stalling global growth.

Emirates' $26 billion Boeing order kicks off air show

Emirates airline placed a blockbuster order for 50 Boeing 777 jetliners at the Dubai Air Show on Sunday, underscoring the confidence brimming among fast-growing Gulf airlines despite growing fears over the world economy.

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